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Sold on 17 Oct 2024 for $570,000

186/88 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
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Property Details for 186/88 Kavanagh St, Southbank

186/88 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
68m2
Local Government
Melbourne
Lot/Plan
186/PS449140

Last Listing description (October 2024)

* Photos have been virtual staged.

A wide-reaching celebration of natural light, this impressive 2 bedroom, 2 balcony apartment boasts commanding views extending across the neighbouring skyline. Set on the 18th floor of the delightfully convenient Sentinel complex, explore your new inner-city neighbourhood with an easy stroll to Boyd Community Hub, Crown, the arts precinct, riverfront restaurants, South Melbourne Market and a full-line Woolworths supermarket directly across the road.

Floor-to-ceiling glass encases spacious open-plan living and dining before revealing a sheltered main balcony showcasing a picturesque panorama sweeping across the Royal Botanic Gardens, the MCG, the NGV and the Shrine of Remembrance. This is one view to treasure! A granite-finished kitchen features a breakfast bar and stainless-steel appliances including an updated dishwasher. Generously sized and mirror-robed, both window-walled bedrooms are sensationally serviced by a fully tiled bathroom featuring a marble-topped vanity and a luxurious bathtub. The light-filled master suite is also graced with a handy study nook and your own private balcony.

Additional features include a Euro-style laundry with a wall-mounted dryer, secure undercover parking, split-system heating and cooling, double glazing and roller blinds. The Sentinel comes complete with intercom security, a 24/7 concierge and resort-grade use of a tennis court, indoor pool, a fully equipped gym and a BBQ terrace. Be quick as this one will be popular!

Outgoings:
Council Rates: $296.00 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $1,439.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

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Property History for 186/88 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$570,000
17 Oct 2024
Listed for Rent
$580/w
30 Aug 2023
  • 17 Oct 2024
    Sold for $570,000
  • 23 Jul 2024
    Listed for Sale $570,000
  • 24 Jul 2023
    Listed for Rent $580 / week
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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 27,880 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 177 properties listed for sale, and 241 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1230 properties were sold in the past 12 months in Southbank.

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