OFF MARKET

802/102 Wells Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 8102m2
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Property Details for 802/102 Wells St, Southbank

802/102 Wells St, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 8102m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1994
Floor Size
97m2
Land Size
8102m2
Local Government
Melbourne
Lot/Plan
64/PS336110

Last Listing description (May 2023)

Overflowing with northern light, this supersized 2 bedroom, 2 bathroom apartment reveals stunning city views from a sub-penthouse corner position. Welcome to a lifestyle location with surprising Southbank serenity. Simply head downstairs and take a short stroll to South Melbourne Market, local cafes and restaurants, the lush greenery of the Royal Botanic Gardens, Arts Precinct galleries, the upcoming Anzac Railway Station and St Kilda Road trams.

Beyond a lush garden entrance bursting with colour, the apartment opens up with a wonderful sense of light-filled space. Vast open-plan living and dining is complemented by a sparkling kitchen boasting an inviting breakfast bar, tiled splashback and ample bench and storage space. Make a seamless connection with a wraparound balcony showcasing sweeping views of the soaring Southbank and city skylines with the iconic Arts Centre spire forming a dramatic centrepiece. Sharing the same spectacular outlook, both sizeable bedrooms come to life with the warmth of northern sun, serviced by mirrored built-in robes and a perfect pair of bathrooms, the primary one featuring a bathtub.


Comprehensive features include undercover parking, a large concealed laundry with a sink, storage and a dryer, ducted heating and cooling throughout, roller and slimline Venetian blinds, a fresh coat of paint and brand-new floorboards and carpet. Superbly set 8 floors high in the sought-after Southbank Royale complex, take advantage of lift access, intercom entry and exclusive resort-style access to a pool, fully quipped gym, a tennis court, BBQ terrace and a central courtyard. Those who value space, style and security will benefit from an inspection!

Outgoings:
Council Rates: $451.00 per quarter approx.
Water Rates: $161.00 per quarter approx.
Owners Corporation Fees: $1,593.00 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 802/102 Wells St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$830,000
20 May 2023
Listed for Rent
$555/w
01 Mar 2018
  • 20 May 2023
    Sold for $830,000
  • 03 May 2023
    Listed for Sale $720,000 - $780,000
  • 15 Feb 2018
    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 27,879 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.