Back 8/28 Wells Street
Off Market

8/28 Wells Street

Southbank VIC 3006

3
1
1
116 m²
0 m²
Apartment
Last sold for $925,000
Kikki ChangKikki Chang, last sold this property on 18 May 2025 after 52 days on market.

Overview

Spacious Top-Floor Family Retreat with Dual-Level Serenity

Infused with natural light over two levels, this vast 3 bedroom apartment is a special showcase of space, style and Southbank serenity. Set on the top floor of a low-rise boutique complex, head downstairs and immerse yourself in a peaceful Southbank pocket. Take an easy walk to Royal Botanic Gardens greenery, leading private schools, the Southbank Campus of Melbourne University, the arts precinct, and multiple tram routes to the city or a bay beach. Far-reaching open-plan living and dining stretches out under towering ceilings, complemented by a sparkling kitchen boasting brand-new floor tiles, a breakfast bar, a full-sized dishwasher, and a 4-burner gas cooktop. Step outside to a full-width, east-facing balcony privately perched among the treetops with sweeping neighbourhood views touching on the bluestone beauty of Victoria Barracks. All three large bedrooms feature new carpet, mirrored built-in robes and spectacular Southbank skyline aspects, while the oversized upstairs master suite is complemented by a versatile study area or compact retreat. Freshly painted throughout with new floorboards underfoot, take advantage of secure parking, a gleaming bathroom with a bathtub, Euro laundry featuring a wall-mounted Westinghouse dryer, and recently updated ducted heating/cooling. Additional features include intercom security and exclusive access to a showpiece pool, spa, a shared courtyard garden, and a fully equipped gym. An inspection will impress! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $529.00 per quarter approx. Water Rates: $173.00 per quarter approx. Owners Corporation Fees: $1,457.00 per quarter approx. Potential Rental Income: $800-$880 per week approx.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
116 m² floor area
0 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 8/28 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 8/28 Wells Street

2025
Sold
$925,000
Private Sale/Treaty on 18 May 2025 by Kikki Chang, of MICM

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 8/28 Wells Street, have been sold.

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

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