OFF MARKET

3001/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
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Property Details for 3001/118 Kavanagh St, Southbank

3001/118 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 68m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2014
Floor Size
68m2
Local Government
Melbourne
Lot/Plan
3001/PS647246

Last Listing description (October 2023)

Live the vibrant inner-city lifestyle of your dreams in this impeccable 2 bedroom, 2 bathroom apartment featuring a sky-high panorama sweeping over Port Phillip Bay and magnificent Melbourne! Head downstairs and immerse yourself in a Southbank neighbourhood of true convenience. Stroll to South Melbourne Market, Boyd Community Hub, the Arts Precinct, Crown, riverside dining and all the shopping choice of a dual-level Woolworths directly across the road.

Owning a commanding 30th floor position in the highly prized Epic complex, a genuine feeling of sunlit open-plan space will inspire every day. Discover wide-reaching living and dining alongside a stone-topped kitchen boasting a mirrored splashback and stainless-steel appliances including an integrated microwave and a quality Fisher and Paykel dish-drawer. Seamless indoor/outdoor flow will guide you to a full-length balcony protected from the elements. Ideal for alfresco entertaining, enjoy amazing views over the breathtaking blue-waters of the bay, the treetop canopy of the Royal Botanic Gardens, all the stadiums of the sporting precinct including the MCG, and the dramatic Dandenong Ranges on the horizon. A perfect pair of sizeable bedrooms showcase mirrored built-in robes, serviced by fully tiled bathrooms with sleek stone finishes.


Featuring an impressive 8 Star energy-efficiency rating, take full advantage of secure undercover parking, a laundry nook with an Electrolux washer/dryer, ducted heating and cooling, double glazing, an entrance hallway, slimline Venetian blinds and recessed down-lighting. The designer Epic complex is graced with video intercom entry, a plush foyer, 24/7 concierge, high-speed lifts and resort-inspired access to a heated indoor pool, a fully equipped gym and a tennis court. A radiant retreat for busy professionals, a superbly central town base and a high-return investment with spectacular views, this Southbank sensation has it all!

Outgoings:
Council Rates: $374.00 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $1,147.00 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 3001/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$600,000
10 Oct 2023
Listed for Rent
$440/w
18 Jul 2021
  • 10 Oct 2023
    Sold for $600,000
  • 29 Jun 2023
    Listed for Sale Not Disclosed
  • 21 Jun 2021
    Listed for Rent $440 / 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.