512/148 Wells Street
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About this property
Investors Please Note: The property could return in the vicinity of $550 to $600 per week. Nestled in a leafy lifestyle precinct, this captivating 1-bedroom apartment will instantly impress with size to surprise and an abundance of natural light. Step outside your fifth-floor retreat and stroll to Royal Botanic Gardens, Albert Park Lake, Woolworths, the arts precinct, fresh South Melbourne Market produce, Anzac trains, and a choice of tram lines. Make your move to a South Melbourne neighbourhood with unmatched city connection! Inside, discover a roomy open-plan living and dining area with lightly toned floorboards underfoot, complemented by a gleaming kitchen boasting a breakfast bar, full-sized dishwasher, and a 4-burner gas cooktop. Capturing the warmth of morning sunlight, floor-to-ceiling glass slides open to a sheltered east-facing balcony with a delightful treetop aspect. The generously sized and mirror-robed bedroom shares in the outlook, while a smartly tiled bathroom is graced with a walk-in shower. Take advantage of secure car parking, a European laundry, split-system heating and cooling, and Roman blinds. Popular with owner-occupiers, the tightly held Tower complex highlights intercom security, lift access, and resort-grade use of a heated indoor lap pool, tennis court, fully equipped gym, and a BBQ terrace. Inspect today! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 57 m²
- Listed
- 1 month ago
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Neighbourhood
Living in South Melbourne
This 1-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 12% below the $514,500 median of 54 comparable apartmentswithin 5 km.
Schools near South Melbourne
- Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
- Hester Hornbrook Academy - South Melbournesecondary
- Youth2Industry Collegesecondary · 11-12 · CoEd
What's nearby
- Stop 119: Wells Street (tram) — 229 m away
- For Lease — 33 m away
- Kings Business Park — 269 m away
- Miles and Dodds Reserve — 288 m away
- Unnamed — 365 m away
South Melbourne at a glance
Full suburb profile- Population
- 11,548
- Median age
- 39
- Household income
- $2,101/wk
- Median rent
- $421/wk
- Median mortgage
- $2,200/mo
Source: ABS Census.
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Suburb market
Suburb price trend
South Melbourne price trend
Median sold · Unit 1 bed
Compound growth -1.7% / yr over 4 yrs
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Price history
Listing price changes
2 price changes recorded for this property
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