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Back 50/38 Wells Street
Off Market

50/38 Wells Street

Southbank VIC 3006

3
2
1
120 m²
120 m²
Apartment
Last sold for $945,000
Michael PastrikosMichael Pastrikos, last sold this property on 15 September 2025 after 19 days on market.

Overview

Split-Level Elegance: Oversized Three-Bedroom Apartment in Kings Park

• Rare Split-Level Design with Soaring Ceilings • Three Spacious Bedrooms, Two Large Bathrooms • Light-Filled Open-Plan Living and Dining • Fully Renovated Kitchen with Stylish Tiling & Premium Appliances • Balcony with Garden Views for Relaxed Indoor-Outdoor Flow • Central Bathroom with Euro Laundry • Secure Undercover Car Space on Title (Not Stacker Parking) • Pool, Gym, Heated Spa, BBQ with Beautiful Well-Maintained Gardens • Prestigious Kings Park Complex in Tree-Lined Pocket • Walk to Botanic Gardens, Arts Precinct, Trams and Anzac Station • Available with Vacant Possession Private and secure with a leafy outlook, this striking three-bedroom residence offers the space and proportions of a townhouse, set within one of Southbank's most tightly held lifestyle pockets. The centrepiece of the home is the dramatic light-filled ceiling above the living and dining domain, creating impressive volume and a genuine sense of openness. Expansive glazing draws in natural light and connects seamlessly to a full-width balcony, providing a tranquil treetop outlook and relaxed indoor-outdoor living. The renovated kitchen is both stylish and practical, showcasing bold tiling, generous bench space, quality appliances, clever cabinetry and excellent storage. Accommodation comprises two well-sized ground-floor bedrooms with built-in robes, while the upstairs master retreat enjoys soaring ceiling heights, built-in robes and ensuite access. A pristine ground-floor bathroom with extended vanity, shower over bath and a concealed laundry services the home, while additional features include secure undercover parking, intercom entry and access to resort-style amenities. Residents of the highly regarded Kings Park complex enjoy exclusive use of a heated pool and spa, fully equipped gym, landscaped gardens and a BBQ dining terrace. Nestled among the treetops with lush gardens and captivating CBD outlooks, this apartment is moments from the Royal Botanic Gardens, South Melbourne Market, Melbourne Square Woolworths, NGV, Arts Centre Melbourne, and the CBD. With excellent transport links including the future Anzac Station, it delivers a premium lifestyle in a leafy inner-city enclave.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
120 m² floor area
120 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 50/38 Wells Street is $950k.

Median value
$950k
Estimated value range
$624k - $2.8m
Median days on market
46
Estimated value trend
-8%
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 50/38 Wells Street

2025
Sold
$945,000
Private Sale/Treaty on 15 Sep 2025 by Michael Pastrikos, of Ray White Southbank | Melbourne City
2012
Sold
Undisclosed
Private Sale/Treaty on 08 Aug 2012

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 3 bedroom apartments in Southbank

In the last 12 months, 94 three-bedroom apartments similar to 50/38 Wells Street, have been sold.

This represents a 8% increase in three-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 79 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  79 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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