Back 41/88 Kavanagh Street
Off Market

41/88 Kavanagh Street

Southbank VIC 3006

2
1
1
228 m²
68 m²
Apartment
Last sold for $610,000
Lachie KellyLachie Kelly, last sold this property on 16 January 2026 after 79 days on market.

Overview

Biggest Terrace in Southbank?

• Expansive 228sqm (approx.) total area - the largest terrace in the building • Spacious open-plan living and dining with outdoor flow • Modern kitchen with new dishwasher and rangehood • Freshly repainted and upgraded with hybrid floorboards and blockout blinds • Two large bedrooms with mirrored robes and plenty of natural light • Large Central bathroom with laundry facilities • Secure intercom, split system heating and cooling throughout • Secure Carpark on Title • Available with Vacant Possession This exceptional 4th floor apartment redefines Southbank living, showcasing one of the largest outdoor terraces in Southbank and a series of thoughtful updates that elevate both comfort and style. Inside, the open-plan living and dining zone is designed for functional everyday comfort and effortless entertaining. The new hybrid flooring enhances the sense of warmth and cohesion, while full-height glass doors invite natural light and extend the living area directly onto the terrace. The kitchen balances practicality with contemporary appeal - complete with an upgraded dishwasher and rangehood, an abundance of storage and cabinetry, and stone-look benchtops offering plenty more preparation space. The biggest highlight, the enormous 160sqm (approx.) private terrace transforms this apartment into an entertainer's dream. Offering multiple zones for lounging, dining, and greenery, it delivers a lifestyle unmatched in scale, privacy, and potential - a rare urban sanctuary in the heart of the city. Both bedrooms feature mirrored built-in robes and an abundance of natural light and are serviced by a central bathroom with floor-ceiling tiling and a European laundry. The home has been freshly repainted and enhanced with hybrid floorboards and blockout blinds, ensuring a modern, move-in-ready appeal. Positioned within the sought-after 88 Kavanagh Street complex, residents enjoy secure intercom entry, lift access, a 24/7 concierge and an unbeatable location just moments from Crown, Boyd Park, the Arts Precinct, and Melbourne's vibrant riverfront dining. The apartment also includes a secure car space on title. Combining a vast private terrace, modern updates, and a premier Southbank address, this residence delivers a lifestyle of scale and sophistication rarely offered in the market. *Some images have been virtually furnished*

Features

2 bedrooms
1 bathroom
1 carspace
228 m² floor area
68 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 41/88 Kavanagh Street is $573.33k.

Median value
$573.33k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-4%
decrease 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 41/88 Kavanagh Street

2026
Sold
$610,000
Private Sale/Treaty on 16 Jan 2026 by Lachie Kelly, of Ray White Southbank | Melbourne City
2026
Sold
$610,000
15 Jan 2026 by Lachie Kelly, of Ray White Southbank | Melbourne City
2015
Sold
$550,000
Private Sale/Treaty on 16 Jul 2015 by Anthony Inglese

Happy sellers in Southbank

84%
84% 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 93 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 461 two-bedroom apartments similar to 41/88 Kavanagh Street, have been sold.

This represents a 13% increase in two-bedroom apartments sales when compared to the previous 12 months.

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