1302/8 Kavanagh Street, Southbank VIC 3006

generous 110 sqm floor plan | 2 bed 2 bath with car space | flood overlay noted | Arts precinct location | owner–occupier appeal A 110-square-metre two-bedroom apartment with two bathrooms and a car space is uncommon in Southbank, and this one sits in the Triptych building within the Arts and Entertainment precinct. The generous internal area, full-height glazing, and refined interiors make it particularly suited to owner-occupiers who value space and a central lifestyle. It is larger than most comparable stock and the 2010 build date means it avoids much of the older building quality concerns that affect older towers in the area. This property serves downsizers, city professionals, or couples seeking a permanent residence rather than an investor churn property. The flood overlay may affect insurance premiums or lender appetite, though a 13th-floor apartment is not physically flood-prone. This overlay is a planning signal that might need to be addressed during due diligence. The property’s parking and larger floorplan may support a price premium over smaller two-bedroom apartments, but the overlay could narrow the buyer pool slightly. The unit’s strong rental yield signal may also appeal to investors, but the buyer should weigh the overlay’s impact on long-term value.