98/100 Kavanagh St

Off Market

98/100 Kavanagh St

Southbank VIC 3006

Apartment

Faith Chang, last sold this property on 12 March 2013 after -3690 days on market.

Overview

Tremendous Investment Opportunity

Superbly presented and owning a vibrant Southbank address, this one-bedroom apartment has a rental return of $1,954 per calendar month with a rental yield of 6.6% p.a. and is a fantastic prospect for keen investors. With an option to purchase fully furnished and enjoying a north-facing central living zone, bright bedroom and stylish bathroom, this sleek lifestyle retreat is moments to Southbank Promenade, South Melbourne Market and Clarendon St shops. Accommodation: With a potential for high investment returns, and an option to terminate the current lease, this excellent opportunity is a fantastic slice of the Southbank lifestyle, boasting a light-filled central living zone with reverse cycle heating and cooling, as well as an adjoining north-facing undercover balcony. The bright bedroom has large mirrored built-in robes, while the elegant bathroom is stylish with floor-to-ceiling wall tiles, quality Hansa fittings, and laundry facilities. The contemporary tiled kitchen has plenty of space, as well as stainless steel Whirlpool appliances and a handy breakfast bar. Features: Reverse cycle heating and cooling in living area, laundry facilities in bathroom, intercom entry, communal recreational facilities including heated indoor swimming pool, spa, sauna, gym, tennis court and BBQ terrace.

Features

1 bedroom

1 bathroom

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 98/100 Kavanagh St is $385k.

Median value

$385k

Estimated value range

$240k - $725k

Median days on market

Estimated value trend

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 98/100 Kavanagh St

2025

Rented

Undisclosed

Leased on 09 Jan 2025 by Ray White Southbank | Melbourne City

2013

Sold

Undisclosed

Private Sale/Treaty on 12 Mar 2013 by Faith Chang, 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 98/100 Kavanagh St, have been sold.

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

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Southbank for a free market appraisal.

Michael Pastrikos

at Ray White Southbank | Melbourne City

4.9

(313 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(378 reviews)

Get a free market appraisal

Gus Kosasih

at iProperty Melbourne

(96 reviews)

Get a free market appraisal

David Umana

at Ray White Southbank | Melbourne City

4.9

(49 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southbank

Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank. They have 70 local sales and collected 28 local reviews across the last 12 months.