Back 1008/148 Wells Street
Off Market

1008/148 Wells Street

South Melbourne VIC 3205

1
1
1
54 m²
0 m²
Apartment
Last sold for $441,000
Anneliese TaubitzAnneliese Taubitz, last sold this property on 28 May 2025 after 16 days on market.

Overview

Spacious Sensation, Prestigious Precinct!

Stretching out in style on the sub-penthouse level, this stunning 1 bedroom apartment will instantly impress as a sunlit sanctuary in a serene South Melbourne precinct. Make an easy connection with the neighbourhood and stroll to multiple tram routes, Anzac trains, a superb collection of local cafes and restaurants, Royal Botanic Gardens greenery, the arts precinct, St Kilda Road Woolworths, and South Melbourne Market. Owning a 10th floor placement in the mid-rise Tower building, wide-reaching open-plan living and dining sits alongside a sparkling kitchen with a breakfast bar, full-sized dishwasher, and a 4-burner gas cooktop. Floor-to-ceiling glass slides open to reveal an undercover balcony showcasing a genuine feel of space with picturesque views sweeping over the neighbourhood before landing on the blue waters of Port Phillip Bay. Sharing a similar outlook, the supersized bedroom is filled with natural light, serviced by mirrored built-in robes and a central bathroom graced with a shower over a bathtub. Take advantage of secure car parking, European laundry with a sink and wall-mounted dryer, split-system heating and cooling, and slimline Venetian blinds. Tower residents enjoy intercom security and resort-grade use of a heated indoor pool, fully equipped gym, tennis court and a BBQ terrace. First home owners, astute investors, and those on the lookout for a convenient inner-city base will all appreciate the value on offer. Inspect today! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $233.93 per quarter approx. Water Rates: $175.00 per quarter approx. Owners Corporation Fees: $995.44 per quarter approx.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
54 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 1008/148 Wells Street is $436k.

Median value
$436k
Estimated value range
$290k - $630k
Median days on market
25
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Melbourne. 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 1008/148 Wells Street

2025
Sold
$441,000
28 May 2025 by Anneliese Taubitz, of MICM

Happy sellers in South Melbourne

62%
62% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in South Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in South Melbourne

In the last 12 months, 71 one-bedroom apartments similar to 1008/148 Wells Street, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

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