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Sold on 10 Oct 2024 for $1,500,888

130/8 Wells Street
Southbank VIC 3006

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
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Property Details for 130/8 Wells St, Southbank

130/8 Wells St, Southbank is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1996. The property has a floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
120m2
Local Government
Melbourne
Lot/Plan
130/PS339680

Last Listing description (October 2024)

A breathtaking blend of updated luxury, a penthouse corner position and a commanding 270 degree panorama, this stunning 4 bedroom, 2 bathroom apartment offers an exciting opportunity to experience the very best Melbourne has to offer. Crowning the top two floors of the celebrated Sovereign complex, venture downstairs and explore the lively arts precinct, South Melbourne Market, multiple tram routes to the city or beach, Royal Botanic Gardens greenery, Melbourne Grammar and the upcoming Anzac Railway Station. Live the life you love with style, substance and sophistication!

With brand-new, high-performing hybrid floorboards underfoot, wide-reaching open-plan living and dining is encased in full-height glass, underpinned by a chef-ready kitchen showcasing a breakfast bar, gleaming granite surfaces and stainless-steel appliances including a dishwasher. Spill outside to a wraparound balcony with panoramic views sweeping over the soaring city skyline to the north, the bluestone beauty of Victoria Barracks, the Shrine of Remembrance, Government House, the Royal Botanical Gardens and tantalising glimpses of Port Phillip Bay. These protected vistas are a true inspiration by day and night.

A light-filled quartet of bedrooms are all generously sized and mirror-robed with supersized picture windows accentuating the views on offer. The main bedroom features walk-thru robes, and a private ensuite boasting a wall-to-wall mirror and a marble-topped vanity. The remaining bedrooms are staged upstairs and down, serviced by a principal bathroom graced with marble detailing and a shower over a bathtub.

Freshly painted throughout with new carpet in the bedrooms, comprehensive features include side-by-side parking for 2 cars, a large Euro-style laundry with a wall-mounted dryer, a separate WC, ducted heating and cooling, storage solutions and so much more. Other standouts include video intercom and lift entry, and resort-style access to a showpiece swimming pool, spa, tennis court, rooftop BBQ entertaining area, function room and a fully equipped gym. Set to perfection on a tranquil, tree-lined street, an inspection will be rewarded!

Outgoings:
Council Rates: $576.00 per quarter approx.
Water Rates: $174.00 per quarter approx.
Owners Corporation Fees: $2,486.00 per quarter approx.

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

Property History for 130/8 Wells St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$1,500,888
10 Oct 2024
Listed for Rent
$1.00k/w
16 Jul 2022
  • 10 Oct 2024
    Sold for $1,500,888
  • 29 May 2024
    Listed for Sale $1,500,888
  • 24 Jun 2022
    Listed for Rent - Price not available
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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 27,878 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.
There are currently 182 properties listed for sale, and 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1258 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.