88/8 Wells StreetSouthbank VIC 3006
Property Details for 88/8 Wells St, Southbank
88/8 Wells St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 1995. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (March 2021)
A sunlit showpiece of wide-reaching space, this impressive 2 bedroom apartment is peacefully positioned to please, so close to all the vitality of the Arts Precinct. Superbly set on the 8th floor of the sought-after Sovereign building, head downstairs and stroll to South Melbourne Market, St Kilda Road trams, and the wide open spaces of the Royal Botanic Gardens.
Spacious open-plan living and dining pivots a chef-friendly kitchen with a breakfast bar and an upgraded AEG dishwasher. Framed by panels of full-height glass, enjoy a sheltered southeast-facing balcony sensationally showcasing a protected view overlooking the bluestone beauty of historical Victoria Barracks. Both mirror-robed bedrooms are naturally lit, serviced by a sparkling bathroom with a fully tiled shower, clever storage solutions, and a separate WC.
Take advantage of a concealed laundry with sink and dryer, basement car parking, recently updated ducted heating/cooling, roller blinds and video intercom entry. The Sovereign is also graced with a resort-style swimming pool and spa, tennis court, two BBQ terraces, fully equipped gym, and a multipurpose function room, perfect for use as a yoga space. This is truly living!
* Photo identification will be required upon entering the property.
* In this time of uncertainty, we are open for business and here to help. Please contact our agent for your personal tour of this home today.
Property History for 88/8 Wells St, Southbank, VIC 3006
- 11 Mar 2021Sold for $680,888
- 03 Mar 2021Listed for Sale $680,888
- 01 May 2015Listed 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 27,869 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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