OFF MARKET

2406/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
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Property Details for 2406/118 Kavanagh St, Southbank

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.

Building Type
Unit
Year Built
2014
Floor Size
67m2
Local Government
Melbourne
Lot/Plan
2406/PS647246

Last Listing description (September 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.


Please note that if no one is registered for this inspection, it may not proceed. please click book appointment to register your details to get instant updates on any changes or cancellations.

Alternatively, Please contact Hanns Yeh 0456 429 499 for a private inspection

ALL ENQUIRIES MUST INCLUDE A PHONE NUMBER.

Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent

Property History for 2406/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$597,500
17 Aug 2022
Listed for Rent
$425/w
08 Jan 2021
  • 17 Aug 2022
    Sold for $597,500
  • 28 Jul 2022
    Listed for Sale $580,000-$620,000
  • 04 Jan 2021
    Listed for Rent $425 / 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 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:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 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.