Back 1011/148 Wells Street
Off Market

1011/148 Wells Street

South Melbourne VIC 3205

2
2
1
94 m²
0 m²
Apartment
Last sold for $815,000
Jackson SantanaJackson Santana, last sold this property on 16 March 2026 after 34 days on market.

Overview

Spectacular Sunlit Style in a Commanding Corner Setting

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.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
94 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 1011/148 Wells Street is $615k.

Median value
$615k
Estimated value range
$425k - $1.31m
Median days on market
34
Estimated value trend
2%
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 1011/148 Wells Street

2026
Sold
$815,000
16 Mar 2026 by Jackson Santana, of MICM

Happy sellers in South Melbourne

59%
59% 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 18 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 107 two-bedroom apartments similar to 1011/148 Wells Street, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

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