SOLD
Sold on 09 Feb 2024 for $825,000

403/148-150 Wells Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
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Property Details for 403/148-150 Wells St, South Melbourne

403/148-150 Wells St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
93m2
Local Government
Port Phillip
Lot/Plan
403/PS426962

Last Listing description (February 2024)

OBVIOUS
Experience the epitome of inner-city living in this chic 3-bedroom apartment, securely situated within a prime resort-like building. Within 'The Tower', the apartment boasts stylish design, an open-plan living/dining area leading to a sun-drenched north-facing balcony with expansive city views. Modern kitchen with stainless steel appliances, two bathrooms, split system heating/cooling, intercom entry, built-in robes, generous size storage cage and allocated parking add practicality. Exclusive amenities include a lap pool, gym, tennis court, and barbecue terrace.

Astute investors can capitalize on the substantial returns achievable, as this property has shown exceptional performance as a lucrative short-term investment, generating over $90,000 in the past year from such bookings, Also available to purchase fully furnished

SEALS THE DEAL
Experience the ease of residing just steps from South Melbourne Market, the Royal Botanic Gardens, and Melbourne's Arts Precinct. Enjoy convenient access to St Kilda Road trams for a hassle-free commute to the CBD, as well as the nearby train station and supermarket just across the road.

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Property History for 403/148-150 Wells St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$825,000
09 Feb 2024
Listed for Rent
$530/w
11 Feb 2021
  • 09 Feb 2024
    Sold for $825,000
  • 19 Jan 2024
    Listed for Sale Not Disclosed
  • 28 Apr 2022
    Sold for $780,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,209 properties.

    There are currently 30 properties listed for sale, and 39 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 467 properties were sold in the past 12 months in South melbourne.

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