Back 701/102 Wells Street
Off Market

701/102 Wells Street

Southbank VIC 3006

2
2
1
Apartment
Danielle HorneDanielle Horne, last sold this property on 12 December 2025 after 35 days on market.

Overview

Urban Sophistication Meets Southbank Lifestyle

Perfectly positioned in the heart of Melbourne's vibrant arts and entertainment precinct, this stunning two-bedroom, two-bathroom apartment at 701/102 Wells Street offers an exceptional blend of style, comfort, and convenience. Set within the highly regarded Southbank Royale complex, this seventh-floor residence captures elevated city views and a wonderful sense of space and light. Step inside to discover an open-plan living and dining area that flows seamlessly to a private balcony ideal for relaxing or entertaining against a city backdrop. The contemporary kitchen features quality appliances, ample bench space, and sleek cabinetry, perfectly complementing the apartment's modern aesthetic. Both bedrooms are generously sized, with the main has its own ensuite, while the second bedroom is serviced by a stylish central bathroom, offering versatility for guests, family, or a home office. Designed for effortless city living, the apartment includes secure intercom entry, lift access, ducted heating and cooling, and a secure car space on title. Residents of Southbank Royale enjoy access to resort-style facilities and the peace of mind that comes with a well-maintained, sought-after complex. Moments from Melbourne's cultural icons including the Arts Centre, Royal Botanic Gardens, and Southgate dining, this property places you within walking distance of trams, the CBD, and the Yarra River promenade. Whether you're a professional seeking a sophisticated home close to work, a downsizer wanting a low-maintenance lifestyle, or an investor looking for a high-performing city asset, this apartment represents an outstanding opportunity in one of Melbourne's most desirable locations.

Features

2 bedrooms
2 bathrooms
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 701/102 Wells Street is $570k.

Median value
$570k
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 701/102 Wells Street

2025
Sold
Undisclosed
Private Sale/Treaty on 12 Dec 2025 by Danielle Horne, of Kay & Burton Stonnington

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, 460 two-bedroom apartments similar to 701/102 Wells Street, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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