OFF MARKET

1/100 Wells Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 4126m2
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Property Details for 1/100 Wells St, Southbank

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.

Building Type
Unit
Year Built
1995
Floor Size
90m2
Land Size
4126m2
Local Government
Melbourne
Lot/Plan
RES1/PS336110

Last Listing description (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.


Both mirror-robed bedrooms are substantial in size and facing north, serviced by a central bathroom with a shower over a bathtub, a large concealed laundry with a sink, storage and dryer, and a separate WC. Comprehensive features include basement parking, ducted heating and cooling, roller and slimline Venetian blinds, and a storage unit in the rear courtyard.

Southbank Royale comes complete with secure intercom entry, a spectacular central garden and exclusive resort-style access to a pool, gym, tennis court and a BBQ terrace. Fitting the bill as a far-reaching first home, a low-maintenance town base and a high-performing portfolio keeper, live the life you love in a low-rise complex as one of just twenty boutique residences. Inspect with certainty!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 1/100 Wells St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$700,000
23 Nov 2022
  • 23 Nov 2022
    Sold for $700,000
  • 31 Oct 2022
    Listed for Sale $710,000 - $770,000
  • 29 Jun 1994
    Sold for $193,000

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About Southbank 3006

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:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.