SOLD
Sold on 01 Feb 2024 for $642,000

3510/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Sold By
JEENA & SAACS REAL ESTATE PTY LTD
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Property Details for 3510/118 Kavanagh St, Southbank

Building Type
Commercial
Year Built
2014
Floor Size
72m2
Local Government
Melbourne
Lot/Plan
3510/PS647246

Last Listing description (February 2024)

EXPRESSION OF INTEREST EXPIRING 6 FEBRUARY 2024 @ 5 PM (UNLESS SOLD PRIOR)
EXPERIENCE THE SOPHISTICATION OF RESIDING on the prestigious 35th Floor. Immerse yourself in a vibrant environment with easy access to various attractions. Savor the riverside bars, restaurants, and cafes along Southbank Promenade. Indulge in the entertainment offerings at the Crown Entertainment Complex and Arts Centre. Explore the beauty of the Royal Botanical Gardens, discover charming cafes, boutique shops, and excellent transport links. Delight in the cosmopolitan delights of Melbourne's CBD.

ACCOMMODATION

Bathed in natural light, this apartment boasts a north-western orientation.
The expansive open-plan living and dining area, enveloped by floor-to- ceiling windows, effortlessly captures the sunlight.
Step onto the private balcony and be captivated by the breathtaking views of the Southbank Skyline-an ideal spot to relax and observe the world around you.
The generously proportioned kitchen features stone bench tops, glass splash backs, ample storage, and high-quality European Miele stainless steel appliances, sure to inspire even the most discerning Master Chef.
Both substantially sized bedrooms enjoy picturesque aspects, superbly serviced by mirrored robes. The oversized main bedroom with a spectacular outlook is bathed in natural light and features walk-in robes and a full-sized ensuite bathroom.
Completing the package is the sparkling central bathroom, fully tiled, and European laundry facilities.

SPECIAL FEATURES.
Take advantage of secure undercover parking and a separate storage cage. Enjoy ducted heating and cooling, double glazing throughout.
Epic offers features such as video intercom entry, high-speed lifts, a 24-hour
concierge, and resort-inspired amenities like a heated indoor pool, a well- equipped gym, and a tennis court. This is the ultimate choice.

**SOME PHOTOS ARE VIRTUALLY STAGED**

CONTACT THORAYA JEENA 0481 22 66 88 YOUR TRUSTED TOORAK AGENT FOR FURTHER INFORMATION
(Although every care has been taken in the preparation of the information above, we stress particulars herein are for information purposes only, and do not constitute representation by the Owner or the Agent.)
DUE DILIGENCE CHECKLIST : https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 3510/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$642,000
01 Feb 2024
Listed for Rent
$570/w
08 Jul 2022
  • 01 Feb 2024
    Sold for $642,000
  • 11 Jan 2024
    Listed for Sale $649,000
  • 30 Jun 2022
    Listed for Rent $570 / 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 28,055 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 2.35% increase. As at 30 September 2024:

  • The median value for Houses in Southbank is $759,187 while the median value for Units is $586,941.
  • Houses have a median rent of $675 while Units have a median rent of $652.
There are currently 171 properties listed for sale, and 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1273 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.