2406/118 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Experience breathtaking visual delights from this two bedroom, two bathroom Southbank apartment. Excitingly close to the CBD, Arts precinct, vibrant South Melbourne shops, cafes and market, it offers a dream inner-city lifestyle. Distinguished by design, it features a generous open plan living, dining zone with built-in desk and seamless access onto an alfresco balcony boasting views of Port Phillip Bay, Albert Park Lake and iconic Yarra River. Superbly appointed, the chic kitchen showcases stainless steel appliances, stone benches and black glass splashbacks.
Luxury accommodation is provided by two bedrooms with built-in-robes, one boasts an ensuite, while a pristine bathroom comprises shower, toilet, stone top vanity and washer/dryer. Epic by name and nature, resident facilities boast 24hr concierge, tennis court, indoor pool, gym, lift access and a secure car park. Quality inclusions comprise Fujitsu heating and cooling, video intercom and double glazing. Within a stroll to Southbank Promenade, Botanical Gardens and Crown Casino, it offers an appealing proposition for astute investors, urban professionals and buyers keen to secure a central city base.
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 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:
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