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Back 25/88 Wells Street
Off Market

25/88 Wells Street

Southbank VIC 3006

2
1
1
Apartment
Last sold for $725,000
Michael PastrikosMichael Pastrikos, last sold this property on 14 November 2025 after 24 days on market.

Overview

Ground Floor Two Bedroom Sanctuary in Southbank Garden Complex!

• Quiet garden complex setting at The Keep • Expansive open plan living and dining areas • Reverse cycle heating and cooling • Bathroom with bath and shower combo + integrated European laundry • Secure car space on title • Two separate outdoor entertaining/courtyard areas • Available with vacant possession Stepping into your private gardens at both the front and rear, this ground-floor two-bedroom home in The Keep offers an exceptionally rare indoor-outdoor lifestyle, right in the heart of Southbank. As you enter through the front courtyard, the floorboards draw you into the expansive open-plan living and dining area, where crisp white walls and abundant natural light create an airy, calming ambience. The modern kitchen sits comfortably to one side, featuring warm wood cabinetry, a stainless steel cooktop, oven, dishwasher, and plenty of storage and bench space-ideal for both casual meals and entertaining. Off the main living space, both bedrooms are well-proportioned and include built-in robes. The bathroom is neat and functional, with elegant tiling, a combined bath and shower, and the convenience of an integrated European laundry. Reverse cycle heating and cooling ensures comfort year-round. Flow is one of this home's greatest strengths. With both front and rear courtyards, indoor and outdoor living blend seamlessly. The front courtyard offers leafy privacy-perfect for morning coffee or peaceful reading-while the rear entertaining area opens from the bedrooms, ideal for sunset drinks or a quiet retreat. A secure, on-title car space is a rare bonus in this tightly held precinct. The Keep is a well-maintained garden complex, quietly tucked away yet supremely well-located. You're just moments from the Royal Botanic Gardens Melbourne and the Yarra River for weekend walks or relaxation. Cultural icons like the Arts Centre Melbourne and the National Gallery of Victoria are nearby. Southbank Promenade, Crown Melbourne, South Melbourne Market, and Clarendon Street's café scene are all within easy walking distance. Trams along St Kilda Road, and through the Arts Precinct, provide quick access to the CBD and university campuses, and with Anzac Station now in place, rail links are even better. This is more than a home-it's a rare chance to enjoy space, character, and tranquility without giving up the vibrancy of inner-city living.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 25/88 Wells Street is $572.5k.

Median value
$572.5k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-5%
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 25/88 Wells Street

2025
Sold
$725,000
Private Sale/Treaty on 14 Nov 2025 by Michael Pastrikos, of Ray White Southbank | Melbourne City
2025
Sold
$725,000
13 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 2 bedroom apartments in Southbank

In the last 12 months, 461 two-bedroom apartments similar to 25/88 Wells Street, have been sold.

This represents a 13% increase in two-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 77 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  77 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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