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Back 1/18 Wells Street
Off Market

1/18 Wells Street

Southbank VIC 3006

3
2
1
154 m²
154 m²
Apartment
Last sold for $1,200,000
Michael PastrikosMichael Pastrikos, last sold this property on 11 November 2025 after 32 days on market.

Overview

Arts Precinct Retreat with Large Terrace and Leafy Views

• Secure low-rise complex in a peaceful Southbank pocket • Huge entertainer's balcony with leafy, tranquil outlook • Generous living and dining zone with expansive windows • Renovated with stylish flooring and fresh paint throughout • Elegant plantation shutters in all bedrooms for added privacy • Flooded with natural light • Generous three-bedroom, two-bathroom layout • Secure car space on title (non-stacker parking) • Additional car park via residential parking permit available (subject to application through the City of Melbourne) • Available with vacant possession Step into a residence that perfectly blends scale, light and character, a rare three-bedroom apartment in Southbank offering leafy outlooks and a surprising sense of privacy. Overflowing with natural light and framed by lush greenery, this beautifully updated home delivers space, serenity and sophisticated city-fringe living just moments from Melbourne's most iconic arts and lifestyle destinations. Quietly positioned in a boutique low-rise block on sought-after Wells Street, it combines house-like proportions with refined finishes and seamless indoor-outdoor flow. Feel an immediate sense of calm as sunlight pours through large windows into the expansive generous living and dining zone. Designed for both entertaining and relaxation, this space features sleek new laminate flooring, fresh paint throughout, and modern roller blinds that complement the crisp neutral interiors. A split-system air conditioner and recessed downlights enhance comfort and style year-round. The well-appointed kitchen is perfectly positioned for everyday living and hosting, boasting a double oven, induction cooktop, integrated dishwasher and ample bench space. From the living zone, step out to an expansive private balcony enjoying tranquil, leafy views, ideal for morning coffees, weekend relaxation or summer dining. The master suite is a true retreat, featuring a walk-in robe, modern ensuite, ceiling fan and private courtyard, a peaceful space for quiet moments or a touch of greenery. Two additional bedrooms include built-in robes, ceiling fans, and are serviced by a sleek central bathroom. Plantation shutters in all bedrooms add elegance while ensuring light and privacy control. Additional features include secure on-title parking and access to superb resident amenities including a swimming pool, gym, BBQ area, golf net, and beautifully manicured gardens that enhance the building's sense of tranquility. Perfectly located near the NGV, Arts Centre, Botanic Gardens and Flinders Street Station, this home offers exceptional lifestyle appeal in one of Southbank's most desirable pockets.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
154 m² floor area
154 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1/18 Wells Street is $950k.

Median value
$950k
Estimated value range
$624k - $2.8m
Median days on market
46
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/18 Wells Street

2025
Rented
Undisclosed
Leased on 18 Dec 2025 by Ray White Southbank | Melbourne City
2025
Sold
$1,200,000
Auction Sale on 11 Nov 2025 by Michael Pastrikos, of Ray White Southbank | Melbourne City

Happy sellers in Southbank

84%
84% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Southbank over the last 12 months.

Local market activity for 3 bedroom apartments in Southbank

In the last 12 months, 94 three-bedroom apartments similar to 1/18 Wells Street, have been sold.

This represents a 8% increase in three-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southbank

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Natalia Susanti

Natalia Susanti is a recommended agent for Southbank.  They have 24 local sales and collected 22 local reviews across the last 12 months.

  •   4.9   (366 reviews)
  •  22 Reviews in Southbank
  •  24 Sales in Southbank
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Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank.  They have 79 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  79 Sales in Southbank
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Faith Chang

Faith Chang is a recommended agent for Southbank.  They have 34 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (277 reviews)
  •  16 Reviews in Southbank
  •  34 Sales in Southbank
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David Umana

David Umana is a recommended agent for Southbank.  They have 25 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (45 reviews)
  •  11 Reviews in Southbank
  •  25 Sales in Southbank
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