1/100 Wells St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 4126m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Maximising northern light, single-level style and alfresco perfection, this superbly spacious 2 bedroom garden apartment makes the most of a private corner setting on the ground floor of the sought-after Southbank Royale complex. Serenely set so close to the city, venture outside and an exciting world opens up for you. Simply stroll to the Royal Botanic Gardens, the Arts Precinct, South Melbourne Market, St Kilda Road trams, and the upcoming Anzac Railway Station. This one is something special!
Discover the light-filled joys of roomy open-plan living and dining underscored by a well-proportioned kitchen boasting a breakfast bar and stainless-steel appliances plus an updated dishwasher. Presenting more like a townhouse than an apartment with so much scale under soaring ceilings, the amount of outdoor space (approx. 42sqm) on offer is truly unique. Access a front courtyard through sliding glass and entertain facing the lush surrounds of a shared internal garden. Stretch out in the all-day warmth of northern light in an oversized north-facing courtyard at the rear of the property featuring direct gated entry. This game-changing space is where the home truly comes alive with an opportunity to entertain on a grand scale.
The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% 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 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.
Southbank has 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:
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