OFF MARKET

905/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 905/118 Kavanagh St, Southbank

905/118 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom Unit and was built in 2014. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2014
Local Government
Melbourne
Lot/Plan
905/PS647246

Last Listing description (August 2023)

Awash with sun-drenched space, this impressive 2 bedroom, 2 bathroom apartment shimmers and shines in a true position of convenience. Perched nine floors high in the highly sought-after Epic Apartments building, walk to South Melbourne Market, Boyd Community Hub, the Arts Precinct, Crown entertainment and a full-line Woolworths supermarket directly across the road.

Free-flowing and far-reaching open-plan living and dining sits alongside a stone-finished kitchen with a mirrored splashback, twin sinks, a Fisher and Paykel dish-drawer and quality stainless-steel appliances including an integrated microwave. Step outside onto a full-length balcony and this radiant retreat comes to life! Sheltered from the elements, entertain in total privacy with a spectacular Southbank panorama sweeping over lush parkland and back towards the soaring city skyline. Generously sized and filled with natural light, the mirror-robed bedrooms are serviced by a perfect pair of fully tiled bathrooms with stone-topped vanities.


The special features set this property apart. Take full advantage of a handy study nook, ducted heating and cooling, double glazing, a tiled entrance, recessed down-lighting and slimline Venetian and roller blinds. Boasting an average 8 Star energy-efficiency rating, the Epic complex is graced with video intercom, high-speed lifts, a 24-hour concierge and resort-style use of an indoor pool, gym and tennis court. Inspect with certainty!

Outgoings:
Council Rates: $292.00 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $1,114.00 per quarter approx.

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

Property History for 905/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$600,000
14 Jul 2023
Listed for Rent
$400/w
11 Aug 2020
  • 14 Jul 2023
    Sold for $600,000
  • 06 Jun 2023
    Listed for Sale $600,000 - $660,000
  • 03 Apr 2020
    Listed for Rent - Price not available
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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 27,879 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 183 properties listed for sale, and 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1258 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.