700/118 Kavanagh St, Southbank is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Southbank in the last 12 months.
An inner-city celebration of family-sized luxury, this impeccably presented 3 bedroom, 2 bathroom apartment is awash in natural light from a commanding corner setting. Head downstairs and a blue-chip central neighbourhood is ready to explore from your doorstep. Take a high-speed lift to the ground floor and stroll to Crown, riverside restaurants, the arts precinct, Boyd Community Hub and Southbank Library before completing your weekly shop in a full-line Woolworths directly across the road.
Beyond an inviting hallway entry, the spacious comfort of open-plan living and dining is underpinned by a stone-finished kitchen boasting a mirrored splashback, fridge/freezer and stainless-steel appliances with space for a full-sized dishwasher. Located on the seventh floor of the elegant Epic complex, enjoy a seamless transition to a sheltered east-facing balcony highlighting a neighbourhood aspect and capturing the warmth of the morning sun. The palatial main bedroom showcases roomy walk-in robes and a private ensuite, while the remaining mirror-robed bedrooms are filled with northern light, serviced by a fully tiled bathroom with a stone-topped vanity and laundry capability including a washing machine and dryer.
Freshly painted with brand-new floorboards and carpet underfoot, special features include secure undercover parking, storage cage, a money-saving 8 star energy-efficiency rating, ducted heating and cooling, roller blinds and recessed down-lighting. Epic is graced with video intercom entry, a 24/7 concierge, and exclusive access to a heated indoor pool, a fully equipped gym and a tennis court. Your search ends here!
Outgoings:
Council Rates: $459 per quarter approx.
Water Rates: $254 per quarter approx.
Owners Corporation Fees: $1,300 per quarter approx.
Indicative Selling Price: Range: $790,000 - $849,000
Rental Income: $920-950 per week approx.
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
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 28,051 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:
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