405/148-150 Wells St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 5439m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in South Melbourne in the last 12 months.
THE DEAL
Nestled in the heart of Melbourne's thriving Arts Precinct, this city-fringe sanctuary offers a blend of luxury and convenience. This stunning north-facing apartment has been meticulously renovated, showcasing views of the CBD and access to great amenities. Located securely on the 4th floor of The Tower, footsteps from an array of cafes, restaurants, boutiques, trams, and the Royal Botanic Gardens.
Flooded with natural light, the apartment boasts 3 spacious double bedrooms (all with BIRs; the main featuring an ensuite and WIR), an elegant living and dining area that seamlessly flows onto a sun-drenched entertainer's balcony, and a sophisticated kitchen equipped with Miele/Ilve appliances. Additional features include a stylish bathroom with laundry facilities, heating/cooling, polished French Oak floors, video intercom, and lift access. Complete with a secure car space and a storage cage, this residence is the epitome of low-maintenance urban living.
SEALS THE DEAL
Exclusive resident facilities include a heated indoor pool, tennis court, gym, and BBQ area, offering a resort-style experience in the heart of the city.
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 11,284 properties. Over the last 5 years, Houses in South Melbourne have seen a -1.21% decrease in median value, while Units have seen a -5.71% decrease. As at 28 February 2025:
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