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.
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.
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:
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