41/88 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 68m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Southbank in the last 12 months.
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
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*
The size of Southbank is approximately 1.6 square kilometres. There are 7 parks, covering nearly 1.5% of the total area. The population of Southbank in 2016 was 18709 people. By 2021 the population was 22631 showing a population growth of 21.0% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation.In 2021, 30.30% of the homes in Southbank were owner-occupied compared with 33.80% in 2016.
Southbank has 30,700 properties. Over the last 5 years, Houses in Southbank have seen a -66.28% decrease in median value, while Units have seen a 2.46% increase. As at 31 August 2026:
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