Back 301/148 Wells St
Off Market

301/148 Wells St

South Melbourne VIC 3205

2
1
1
Apartment
Eric CheungEric Cheung, last sold this property on 02 June 2026 after 438 days on market.

Overview

Spacious & Stylish 2-Bedroom Apartment with Balcony in Prime South Melbourne Location

Nestled in the heart of South Melbourne, this beautifully furnished two-bedroom apartment offers contemporary living with unmatched convenience. Boasting a generous open-plan kitchen, dining, and living area, this residence is designed for comfort and style. The master bedroom, along with the second bedroom, features built-in robes, providing ample storage space. A well-appointed central bathroom includes a shower-over-bath and a convenient Euro laundry. Stay comfortable year-round with reverse-cycle air conditioning in the living area. Enjoy the added benefit of a secure car space and access to premium amenities, including a landscaped BBQ area, an artificial grass tennis court, an indoor swimming pool, and a fully equipped gym. Located in a highly sought-after area, you're just a short walk from the newly constructed ANZAC Station on St Kilda Rd, Route 16 tram, offering easy access to Melbourne University, the Botanic Gardens, The Shrine, and the vibrant Arts Precinct. The CBD is within walking distance, and with close proximity to Kings Way and the Monash Freeway, commuting is effortless. This is a rare opportunity to secure a stylish and well-located apartment—don’t miss out! ** Currently tenanted on a Periodic lease at $660/week ** ** Inspection scheduled for Saturday 29th March - Time to be confirmed. **

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
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 301/148 Wells St is $630k.

Median value
$630k
Estimated value range
$425k - $1.48m
Median days on market
30
Estimated value trend
4%
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 301/148 Wells St

2026
Sold
Undisclosed
02 Jun 2026 by Eric Cheung, of Raeon International
2023
Rented
Undisclosed
Leased on 26 Feb 2023 by Raeon International
2022
Rented
Undisclosed
Leased on 02 Feb 2022 by Raeon International

Happy sellers in South Melbourne

52%
52% 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 2 bedroom apartments in South Melbourne

In the last 12 months, 111 two-bedroom apartments similar to 301/148 Wells St, have been sold.

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

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