23/88 Wells StreetSouthbank VIC 3006
Property Details for 23/88 Wells St, Southbank
23/88 Wells St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 1995. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.
Last Listing description (September 2024)
Nestled on the ground floor is a distinctive gem offering an exceptional blend of convenience and tranquility. This effortlessly positioned apartment boasts both front and rear courtyards great for entertaining, pets and kids, along with a dedicated car park, creating an idyllic retreat in one of the most desirable locations.
Perfectly situated just minutes from the vibrant Arts Precinct, the serene Royal Botanic Gardens, and the expansive Kings Domain, this property offers unparalleled access to the cultural heart of the city. Set within a tightly held, low-rise block surrounded by beautifully manicured gardens, this residence presents a unique opportunity that is simply too good to pass up.
Enjoy the convenience of being within walking distance to the CBD, with trams just moments from your doorstep, ensuring seamless connectivity and easy access to the city's finest amenities. The private, leafy outlook from your full-sized front and rear courtyards provides an ideal space for relaxation or outdoor gatherings.
Inside, the contemporary kitchen is designed for both functionality and style, featuring ample storage and a layout perfect for culinary adventures and entertaining guests. The generously sized open-plan living and dining area offers comfort and flexibility, accommodating various lifestyle needs, while the efficient central heating and cooling systems ensure a cozy and comfortable living environment year-round.
With its well-designed living space, private courtyards, and private car park, this property is an opportunity not to miss.
Property History for 23/88 Wells St, Southbank, VIC 3006
- 12 Sep 2024Sold
- 04 Sep 2024Listed for Sale Not Disclosed
- 28 Jan 2017Sold for $615,000
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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 28,055 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:
- The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
- Houses have a median rent of $656 while Units have a median rent of $650.
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