OFF MARKET

2400/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 96m2
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Property Details for 2400/118 Kavanagh St, Southbank

2400/118 Kavanagh St, Southbank is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2014
Floor Size
96m2
Local Government
Melbourne
Lot/Plan
2400/PS647246

Last Listing description (August 2023)

* Photos are virtually staged.

A soaring illustration of family luxury, this unbeatable 3 bedroom, 2 bathroom, 2 car-park apartment maximises space, style and sunlit comfort in a commanding corner setting. Immerse yourself in Southbank sophistication with a short stroll to riverside dining, Crown entertainment, Boyd Community Hub, Southbank Library, the NGV and Melbourne Square Woolworths.


Ideally placed 24 floors high in the impressive Epic building, a stone-finished kitchen features a waterfall-edged breakfast bar, ample storage space and stainless-steel appliances including an integrated dishwasher. Spacious open-plan living and dining makes way for an undercover balcony boasting picturesque views sweeping over the Royal Botanic Gardens and all the stadiums of the sporting precinct including the MCG. Sharing a similar stunning aspect, the main bedroom is graced with walk-in robes and a private ensuite. The remaining mirror-robed bedrooms are generously scaled and bright, serviced by a luxe bathroom with floor-to-ceiling tiles, a stone-topped vanity and laundry capability.

Comprehensive features include secure parking for 2 cars, ducted heating and cooling throughout, double glazing, slimline Venetian and roller blinds, and recessed down-lighting. Enjoying the economical benefits of an average 8 Star energy-efficiency rating, Epic comes complete with video intercom entry, high-speed lifts, 24-hour concierge and exclusive resort-style access to a heated indoor pool, a fully equipped gym and a tennis court. An inspection will be rewarded!

Outgoings:
Council Rates: $474.00 per quarter approx.
Water Rates: $161.00 per quarter approx.
Owners Corporation Fees: $1,370.00 per quarter approx.

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

Property History for 2400/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$885,000
31 Jul 2023
Listed for Rent
$780/w
23 Jul 2022
  • 31 Jul 2023
    Sold for $885,000
  • 19 Jul 2023
    Listed for Sale $885,000
  • 08 Jul 2022
    Listed for Rent $780 / 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 27,869 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 200 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 properties were sold in the past 12 months in Southbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.