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210/88 Kavanagh Street, Southbank$397,500
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For Saleapartment

210/88 Kavanagh Street

Southbank, VIC 3006, Australia
$380,000 – $415,000
1 bed 1 bath 1 car5 ha

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Listing description

About this property

Offering the perfect blend of comfort and inner-city convenience, this beautifully presented apartment is a standout opportunity for first-home buyers, city professionals, or savvy investors looking for a high-yield asset. - Sun-Drenched Living: A generous open-plan living and dining zone is framed by expansive floor-to-ceiling windows, creating a bright and welcoming atmosphere. - Indoor-Outdoor Flow: Step out onto your private balcony to enjoy urban outlooks-a perfect retreat for a morning coffee or an evening drink. - Kitchen: A contemporary space designed for practicality, featuring gas cooking, quality appliances, ample storage, and a functional breakfast bar for casual dining. - Quiet Retreat: The well-sized bedroom offers a peaceful escape, complete with built-in robes and excellent natural light. - Rare Value: A secure, dedicated car space adds exceptional value and ease in this prime city-fringe location. Positioned in one of Southbank's most vibrant pockets, you are surrounded by the best of Melbourne: - Daily Essentials: Woolworths Melbourne Square is located directly across the road, making grocery runs incredibly easy. - Dining & Entertainment: A short stroll to the Crown Entertainment Complex, riverside dining along the Southbank Promenade, and the iconic South Melbourne Market. - Culture & Greenery: Walk to the Arts Precinct, NGV, Boyd Community Hub, and nearby parklands. - Seamless Connectivity: Seamless access to the CBD, public transport, and major freeways. Residents of this premium building enjoy access to resort-style facilities, including: - Heated indoor pool and fully equipped gymnasium. - Tennis court - BBQ terrace Secure building access and professional onsite management. Whether you're looking for a stylish first home or a quality investment with strong rental appeal, this is an exceptional Southbank opportunity that is not to be missed.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
5 ha
Listed
2 months ago

Repayment calculator

$1,927/month
$964 /fortnight
Loan $318,000 at 6.10% over 30 years

Upfront costs

Deposit$79,500
Stamp duty$18,920
Conveyancing (est.)$2,000
Total upfront$100,420
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Southbank

This 1-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 42% below the $683,000 median of 72 comparable apartmentswithin 5 km.

Schools near Southbank

  • South Melbourne Primary Schoolprimary · Prep-6 · CoEd
  • Victorian College Of The Arts Secondary Schoolsecondary · 7-12 · CoEd

What's nearby

  • Stop 116: City Road (tram)286 m away
  • Unnamed173 m away
  • Unnamed78 m away
  • Unnamed213 m away
  • Boyd Community Park214 m away

Southbank at a glance

Full suburb profile
Population
22,631
Median age
31
Household income
$1,926/wk
Median rent
$411/wk
Median mortgage
$1,900/mo

Source: ABS Census.

Due diligence

Property Report

Heritage & Conservation

Complete
Heritage listedConservation area

Southbank is a nationally significant cultural and heritage precinct in inner Melbourne, home to major institutions including the Arts Centre, NGV, and theatres. The area is subject to strict heritage overlays and conservation area controls reflecting its role as Victoria's premier cultural hub developed from the 1970s onwards. Properties here typically face substantial heritage and design restrictions affecting development potential.

Restrictions

  • Development subject to Heritage Overlay controls and Southbank Conservation Area requirements
  • Mandatory heritage impact assessment for alterations or new construction
  • Design guidelines requiring consistency with cultural precinct character
  • Restrictions on demolition of heritage structures
  • Preservation of public realm and landscape features

Nearby heritage items

Southbank Promenade Cultural PrecinctState
300 m
Arts Centre MelbourneNational
500 m
National Gallery of Victoria (NGV)National
800 m
Flinders Street StationNational
1.2 km
Victorian Parliament HouseNational
1.5 km
500m1km1.5km2kmSouthbank Promenade Cultural Precinct — 0.3 kmArts Centre Melbourne — 0.5 kmNational Gallery of Victoria (NGV) — 0.8 kmFlinders Street Station — 1.2 kmVictorian Parliament House — 1.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Source: StMate AI — VIC heritage registers06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Southbank price trend

Median sold · Unit 1 bed

Compound growth -3.1% / yr over 4 yrs

$385kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Southbank market

This listing

Price history

Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

Nearby Properties

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