OFF MARKET

307/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Last updated 11 Nov 2024
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Property Details for 307/118 Kavanagh St, Southbank

307/118 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 80m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2014
Floor Size
80m2
Local Government
Melbourne
Lot/Plan
307/PS647246

Last Listing description (October 2023)

Standing out in a lower-level corner setting, this captivating 2 bedroom, 2 bathroom apartment showcases commanding parkland views in a central Southbank location of true convenience. Take an easy walk to Melbourne Square Woolworths, Southbank Library, the Arts Precinct, Crown, local cafes and restaurants, South Melbourne Primary School and Boyd Community Hub with its perimeter parkland.

Placed on the third floor of the sought-after Epic building, roomy open-plan living and dining is complemented by a stone-topped kitchen with a waterfall-edged island bench and stainless-steel appliances including a full-sized dishwasher. Step outside to an undercover balcony making the very best of a panoramic aspect over Boyd Park greenery and the soaring neighbourhood skyline. Both mirror-robed bedrooms are sunlit, generous in size and share the spectacular outlooks, serviced by a pristine pair of fully tiled tiled bathrooms with stone finish.


Boosted by the money-saving addition of an average 8-star energy-efficiency rating, special features include secure undercover parking, laundry capability, a hallway entrance, ducted heating and cooling, double glazing, and roller and slimline Venetian blinds in the bedrooms. Epic comes complete with a 24-hour concierge, video intercom, a stylish foyer, high-speed lifts and resort-inspired access to an indoor pool, a fully equipped gym and a tennis court. Inspect with certainty!

Outgoings:
Council Rates: $315.00 per quarter approx.
Water Rates: $166.60 per quarter approx.
Owners Corporation Fees: $1,300.00 per quarter approx.

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

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Property History for 307/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$580,000
30 Sep 2023
Listed for Rent
$690/w
27 Jun 2023
  • 30 Sep 2023
    Sold for $580,000
  • 24 Aug 2023
    Listed for Sale $580,000
  • 27 Jun 2023
    Listed for Rent $690 / 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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