1011/148-150 Wells StreetSouth Melbourne VIC 3205
Property Details for 1011/148-150 Wells St, South Melbourne
1011/148-150 Wells St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 5439m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (May 2026)
A stunning showcase of picturesque parkland views, this fully renovated 2 bedroom, 2 bathroom, 2 balcony apartment is set to inspire from a commanding corner position. Head downstairs from your 10th floor entertainer and the convenience is unrivalled. Take a short walk to the arts precinct, Royal Botanic Gardens greenery, local eateries, Woolworths shopping, Anzac trains, and multiple tram routes to the city or a bay beach. Place this one on the top of your list!Elevated to impress inside the highly prized Tower complex, the amount of sun-drenched space will instantly exceed expectations. A stone-finished kitchen boasts a chef-ready breakfast bar, twin Schock graphite sinks, new tapware, mirrored splashback, a Samsung dual-door fridge/freezer, and the full suite of integrated Miele appliances including a dishwasher and an induction cooktop. Roomy open-plan living and dining flows to a primary east-facing balcony with sweeping views across the Royal Botanic Gardens and the majestic Shrine of Remembrance. With the gentle warmth of morning light working its magic, this sheltered sanctuary will be used on a daily basis. Mirror-robed and generously sized with spectacular outlooks, both bedrooms are serviced by a principal bathroom with a rainfall shower over a bathtub, while the master suite is graced with a luxe ensuite and a private balcony.Comprehensive features include secure basement parking, a European laundry with a Miele washing machine and a wall-mounted Electrolux dryer, split-system heating and cooling, sleek high-performing floorboards, a stylish built-in wall unit, recessed LED down-lighting, and double roller blinds. The Tower comes complete with intercom entry, an onsite manager, and resort-style use of an indoor heated pool, tennis court, well-equipped gym and a BBQ terrace. An inspection will be rewarded!Outgoings:Council Rates: $360.00 per quarter approx.Water Rates: $176.00 per quarter approx.Owners Corporation Fees: $1,634.00 per quarter approx.Potential Rental Income: $850 per week 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 1011/148-150 Wells St, South Melbourne, VIC 3205
- 12 Mar 2026Sold for $815,000
- 10 Feb 2026Listed for Sale $815,000
- 06 Sep 2016Sold for $595,500
Recent sales nearby
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0About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.
South Melbourne has 12,931 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:
- The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
- Houses have a median rent of $850 while Units have a median rent of $675.
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