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The Penthouse/93 Kavanagh Street, Southbank$8.05m
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The Penthouse/93 Kavanagh Street

Southbank, VIC 3006, Australia
$7.70m – $8.40m
4 bed 4 bath 2 car297 m²

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About this property

Four Penthouse Residences. One Crown Above Melbourne. For over twelve months, OSK Property has worked in close collaboration with COX Architecture to design four singular residences at the pinnacle of Melbourne Square. Every line has been drawn with purpose. Every material, sourced from the world's finest selections. The result: The Penthouse Collection four one-of-a-kind residences that define a new chapter in Melbourne's skyline. Each residence spans two levels, defined by grand 6-metre volumes in the main living spaces and refined 3-metre ceiling heights across the more private quarters. Designed as four-bedroom, four-bathroom homes with study and two secure parking spaces, every penthouse features a sculptural fireplace and a private upper suite with panoramic views. Each residence bears a name drawn from the world's most enduring symbols of rarity The Amethyst, The Emerald, The Sapphire, and The Ruby. Like gemstones, each captures a unique orientation of light: a singular perspective, cut and composed for brilliance from every angle. The Amethyst297m²$7,728,000 Facing the city. Defined by symmetry and skyline. A residence of vertical clarity and calm. The Emerald316m²$8,538,000 Overlooking the Royal Botanic Gardens. Open volumes and a mezzanine retreat immersed in green horizon. The Sapphire285m²$7,856,000 Oriented to the bay. Expansive glazing and a private retreat above the waterline. The Ruby324m²$8,880,000 Set to the west. Evening sun, warm materials, and proportions tuned to the colour of dusk. Delivery of fit outworks has been entrusted to Chroma Group one of Australia's most respected boutique builders, known for precision and craftsmanship of the highest order. Chroma Group's portfolio spans luxury residential, hospitality, and landmark design collaborations, including Saint Haven, Atria Restaurant at The Ritz-Carlton, and The Beverly Rooftop. Their reputation for refinement and flawless execution makes them the natural choice to bring this collection to life. Construction is underway with completion scheduled for September 2026. Given the active works, viewings can be arranged weekdays between 3:00 PM and 4:00 PM.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
4
Bathrooms
4
Parking
2
Land Area
297 m²
Listed
3 months ago

Repayment calculator

$39,026/month
$19,513 /fortnight
Loan $6,440,000 at 6.10% over 30 years

Upfront costs

Deposit$1,610,000
Stamp duty$503,250
Conveyancing (est.)$2,000
Total upfront$2,115,250
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 4-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 1181% above the $628,500 median of 75 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)197 m away
  • Unnamed174 m away
  • Unnamed49 m away
  • Boyd Community Park141 m away
  • Unnamed316 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.

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Suburb market

Suburb price trend

Southbank price trend

Median sold · Unit 2 bed

Compound growth -1.6% / yr over 4 yrs

$605kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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