1103/148-150 Wells St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom Unit sold in South Melbourne in the last 12 months.
Walking into this three bedroom apartment, the first thing you see are the beautiful views which come through a wall of floor to ceiling windows in the lounge. Filled with natural light, the open plan living and kitchen area includes timber flooring and reverse cycle heating and cooling in the lounge area, granite benches, stainless steel appliances including gas cooktop, electric oven, dishwasher and plenty of cupboard space. Three bedrooms each appreciate attractive aspects like plantation shutters, lush carpets and chandelier pendant lighting, mirrored built in robes and beautiful views from each bedroom window, with the main bedroom having it's own ensuite and split system for year round comfort. A second central bathroom includes a shower over bath setup and a large European laundry with storage space. The Tower boasts exceptional facilities, featuring a tennis court, gymnasium and indoor swimming pool and two secure allocated car spaces. An ideal city edge address, within easy reach of trams, MSAC and Albert Park Lake, Botanic Gardens and the Kings Domain, inspect now to make this stunning apartment your new home.
PLEASE NOTE: The Tenant acknowledges that the Premises may be located in an area where car parking may be at a premium. On street car parking may be available by obtaining a resident parking permit issued by the municipal council. Jellis Craig makes no representation about the availability and/or terms and conditions on which any such parking permit may be made available to the Tenant (if at all). The Tenant should make their own enquiries with the municipal council in regard to any such car parking before signing this Agreement.
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The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,874 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:
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