201/148 Wells Street

Off Market

201/148 Wells Street

South Melbourne VIC 3205

0 m²

Apartment

Last sold for $590,000

Jackson Santana, last sold this property on 06 January 2026 after 120 days on market.

Overview

Spacious Retreat with an Unbeatable South Melbourne Lifestyle!

An elegant mix of sunlit style, east-facing elevation and far-reaching space, this captivating 2 bedroom apartment rises above the pack in an unbeatable South Melbourne setting. Head downstairs from your second-floor retreat and the best of Melbourne opens up for you. Explore the lively arts precinct, local cafes and eateries, the sanctuary of the Royal Botanic Gardens, Woolworths shopping, Anzac trains, and multiple tram routes on St Kilda Road and Park Street. Roomy open-plan living and dining pivots a gleaming kitchen with an inviting breakfast bar and stainless-steel appliances including a 4-burner gas cooktop and a full-sized dishwasher. Step outside and instantly relax on a sheltered balcony overlooking Wells Street through leafy treetops. This private perch captures the gentle warmth of morning sun with ease, ideal for a weekend breakfast. The mirror-robed bedrooms are substantial in size and naturally lit, wonderfully serviced by a central bathroom boasting a shower over a bathtub. Additional features include secure car parking, a Euro laundry with a wall-mounted dryer, split-system heating and cooling, slimline Venetian blinds, and intercom entry. The popular Tower complex comes complete with an indoor pool, tennis court, a well-equipped gym and a BBQ area. An inspection will be rewarded! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $250.00 per quarter approx. Water Rates: $173.00 per quarter approx. Owners Corporation Fees: $1,524.00 per quarter approx. Potential Rental Income: $650 per week approx.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

0 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 201/148 Wells Street is $615k.

Median value

$615k

Estimated value range

$425k - $1.31m

Median days on market

Estimated value trend

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 201/148 Wells Street

2026

Sold

$590,000

06 Jan 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 201/148 Wells Street, have been sold.

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

Sold

For Sale

For Rent

Interested in selling?

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Nearby agents

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

Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 17 local sales and collected 12 local reviews across the last 12 months.