Back 1711/118 Kavanagh St
Off Market

1711/118 Kavanagh St

Southbank VIC 3006

1
1
0 m²
0 m²
Apartment
Last sold for $360,000
Sunday HuSunday Hu, last sold this property on 03 October 2023 after 53 days on market.

Overview

Spacious Sensation in the Heart of Southbank

Excellent condition! Expecting over 6% gross rental yield. A spectacular showcase of unrivalled quality, resort-style excellence and a central Southbank lifestyle without peer, this stunning 1 bedroom apartment is a northeast-facing sensation in the luxury-led Epic building. Head to the ground floor and take an easy stroll to Melbourne Square Woolworths, Boyd Park, South Melbourne Market, the Arts Precinct, Boyd Community Hub and Library, Crown and riverside dining on Southbank Promenade. Surprisingly spacious open-plan living and dining pivots a stone-topped kitchen boasting an integrated microwave and a Fisher and Paykel dish-drawer. Sensationally set on the 17th floor, enjoy a covered balcony with a panoramic skyline outlook sweeping across the neighbourhood with striking views of the MCG and the Dandenong Ranges. The large, bright and mirror-robed bedroom shares the picturesque aspect, serviced by a fully tiled bathroom with stone detailing. Take advantage of ducted heating and cooling, double glazing, laundry capability, a study nook, recessed down-lighting and slimline Venetian blinds. Generating an average 8 Star energy-efficiency rating, Epic residents enjoy video intercom, NBN internet, high-speed lifts, a 24-hour concierge and exclusive resort-inspired access to a heated indoor pool, a fully equipped gym and a tennis court. This one is tailor-made for an affordable market entrance or a rewarding high-return investment. Inspect with certainty! Outgoings: Council Rates: $230.00 per quarter approx. Water Rates: $165.00 per quarter approx. Owners Corporation Fees: $900.00 per quarter approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

1 bedroom
1 bathroom
0 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1711/118 Kavanagh St is $385k.

Median value
$385k
Estimated value range
$240k - $725k
Median days on market
51
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1711/118 Kavanagh St

2023
Sold
$360,000
03 Oct 2023 by Sunday Hu, of MICM

Happy sellers in Southbank

81%
81% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 69 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 195 one-bedroom apartments similar to 1711/118 Kavanagh St, have been sold.

This represents a 32% increase in one-bedroom apartments sales when compared to the previous 12 months.

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