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Sold on 11 Sep 2024 for $585,800

286/88 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
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Property Details for 286/88 Kavanagh St, Southbank

286/88 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 79m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
79m2
Local Government
Melbourne
Lot/Plan
286/PS449140

Last Listing description (September 2024)

A sunlit celebration of size that will surprise, this impressive 2 bedroom, 2 balcony apartment will inspire every day with a breathtaking bay and parkland panorama on stunning display. Make your way downstairs from your 28th floor sanctuary and explore a dynamic Southbank neighbourhood with central convenience at its core. Stroll to riverside restaurants, Crown entertainment, the arts precinct, transport choice, the Royal Botanic Gardens, Boyd Community Hub and the convenience of a full-line Woolworths directly across the road.

Newly refreshed with brand-new floorboards underfoot, wide-reaching open-plan living and dining pivots a granite-topped kitchen with a breakfast bar, twin sinks and stainless-steel appliances plus a dishwasher. Framed by full-height glass, enjoy a sheltered main balcony overlooking the MCG and all the stadiums of the sporting precinct, Royal Botanic Gardens greenery, the Dandenong Ranges and the blue-water beauty of Port Phillip Bay and Albert Park Lake. This commanding view is an unforgettable highlight! Both mirror-robed bedrooms are generously sized, newly carpeted and naturally lit, while a fully tiled bathroom comes complete with a sparkling shower over a bathtub, and a marble-finished vanity. The master suite is also graced with a study nook and direct access to a second private balcony with a similar spectacular aspect.

Freshly painted throughout, additional features include secure car parking, a Euro-style laundry with a wall-mounted dryer, and split-system heating and cooling. Set to impress in the sought-after Sentinel building, take advantage of video intercom security, a helpful concierge and exclusive access to an indoor heated pool, a fully equipped gym, tennis court and a BBQ terrace. Inspect with confidence!

Outgoings:
Council Rates: $316.66 per quarter approx.
Water Rates: $172.94 per quarter approx.
Owners Corporation Fees: $1,583.03 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 286/88 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$585,800
11 Sep 2024
  • 11 Sep 2024
    Sold for $585,800
  • 02 Aug 2024
    Listed for Sale Not Disclosed
  • 04 May 2001
    Sold for $406,000

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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 27,902 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 173 properties listed for sale, and 253 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1228 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.