121/8 Wells StreetSouthbank VIC 3006
Property Details for 121/8 Wells St, Southbank
121/8 Wells St, Southbank is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 167m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Apartment sold in Southbank in the last 12 months.
Last Listing description (September 2024)
• 3 Bedrooms, 2 Bathrooms and 1 Powder Room
• Internal Size Approx. 150m2
• External Size Approx. 17m2
• Quiet, Serene Tree-Lined Street Setting
• Impressive Master Bedroom Suite
• Panoramic Views Overlooking Historic Landmarks, Botanical Gardens, And Melbourne CBD
• Perched Atop The Prestigious Sovereign Building
• Two Side By Side Car Parks On Title
• Available With Vacant Possession
Experience luxury living at its finest in this expansive split-level penthouse, situated within the exclusive Sovereign complex in Southbank's prestigious Arts Precinct. Designed for those who value both space and style, this residence offers a perfect blend of sophistication and convenience.
The heart of the home is an expansive living and dining area, featuring elegant floorboards that flow seamlessly to the enormous terrace. This outdoor space is ideal for entertaining, offering breathtaking and protected easterly views over the Victoria Barracks towards the Shrine, Government House, and the Royal Botanic Gardens. The gourmet kitchen, complete with Caesarstone benchtops and ample storage, is a haven for culinary enthusiasts and entertainers alike.
Upstairs, the home boasts three generously sized bedrooms, including a palatial master suite with dual walk-through robes leading to a private ensuite.
Additional features include zoned central heating and cooling, hydronic heating on lower level, secure video intercom entry, and two side-by-side car spaces. Residents will also enjoy resort-style amenities with the exclusive large swimming pool, spa, tennis court, fully equipped gym, sauna, BBQ area, and function room.
Situated on a quiet tree-lined street, you are just moments from Melbourne's Arts Centre, Royal Botanic Gardens, and the CBD, with the upcoming Anzac Station set to enhance connectivity. This is a rare opportunity to secure a luxurious residence in a highly sought-after location.
Property History for 121/8 Wells St, Southbank, VIC 3006
- 18 Sep 2024Sold for $1,863,000
- 26 Aug 2024Listed for Sale $1,590,000 - $1,690,000
- 28 Feb 2018Sold for $1,510,000
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0About 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 27,902 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:
- The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
- Houses have a median rent of $670 while Units have a median rent of $662.
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