402/148-150 Wells Street, South Melbourne, Vic 3205

$440,000 - $470,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, August 07, 2026 ( See property details for 402/148-150 Wells Street, South Melbourne, Vic 3205)

$440,000 - $470,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious, light-filled one-bedroom apartment in a prestigious South Melbourne complex offering resort-style amenities and excellent connectivity.

🏡 Property Highlights

  • Prime location in the heart of South Melbourne with easy access to parks, cafes, and public transport
  • Spacious open-plan living and dining area filled with natural light
  • Deluxe kitchen with stainless-steel appliances, including a dishwasher and gas cooktop
  • East-facing balcony perfect for morning sunlight and outdoor entertaining
  • Secure car parking and intercom security for peace of mind
  • Resort-style amenities including a 25m indoor lap pool, tennis court, gym, and BBQ terrace

✨ Key Features

  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Garage / Secure Parking
  • Heating (Ducted/Split)
  • Open-Plan Living
  • Security Screens / Gates
  • Water tank
  • Waterfront / Views

South Melbourne is a vibrant and highly sought-after suburb renowned for its lively cafes, historic markets, and lush parks. It offers excellent public transport links, including trains and trams, making commuting effortless. The area boasts a rich arts and cultural scene, with proximity to the Royal Botanic Gardens and the arts precinct. Residents enjoy a diverse culinary landscape and a strong community vibe. This neighbourhood combines urban convenience with relaxed, leafy surroundings, perfect for professionals and investors alike.

What are the main lifestyle benefits of living in this apartment?
This apartment offers a vibrant urban lifestyle with easy access to parks, cafes, markets, and cultural venues, along with resort-style amenities like a pool, gym, and tennis court for leisure and recreation.
Is the apartment suitable for entertaining guests?
Yes, the spacious open-plan living and dining area, along with the east-facing balcony, provide excellent spaces for entertaining friends and family.
What features make this apartment energy-efficient?
The apartment includes split-system heating and cooling, extra panel heating, and sleek floorboards, contributing to energy efficiency and comfort.
Are there any nearby amenities or public transport options?
Yes, the property is within walking distance to the Royal Botanic Gardens, South Melbourne Market, Woolworths, arts precinct, and has easy access to Anzac trains and tram routes.
Are there any upcoming strata or owners corporation fee increases planned? Has the property been recently renovated or does it require maintenance? Are there any restrictions or easements affecting the property? What are the long-term plans for the surrounding area that might impact the property? Is there any history of flooding or bushfire risk in this location? Are there any planned developments or construction nearby that could affect privacy or noise levels? What are the total ongoing costs including council, water, and owners corporation fees? Are there any special conditions or covenants attached to the property? Is the property compliant with all building and safety regulations? Are there any known issues with the building's structure or systems?

402/148-150 Wells Street, South Melbourne, Vic 3205 - More Details

$440,000 - $470,000

Investors Please Note:
The property could return in the vicinity of $540 to $580 per week .

Free-flowing, far-reaching and drenched in natural light, this vast 1-bedroom apartment delivers on every measure including the convenience of a prestigious South Melbourne precinct. Head downstairs from your fourth-floor retreat and stroll to the Royal Botanic Gardens, lively cafes, popular restaurants, iconic South Melbourne Market, Woolworths, all the vitality of the arts precinct, Anzac trains, and a choice of tram routes.

Spacious open-plan living and dining is complemented by a deluxe kitchen boasting a breakfast bar and stainless-steel appliances including a dishwasher and a 4-burner gas cooktop. Stretching out inside the tightly held Tower complex, relax or entertain on a sheltered east-facing balcony, attracting morning light with ease. A generously sized and naturally lit bedroom is framed by mirrored built-in robes, while a sparkling bathroom showcases a shower over a bathtub.

Additional features include secure car parking, a European laundry with a wall-mounted dryer, split-system heating and cooling, extra panel heating, double roller blinds, sleek floorboards. Tower comes with intercom security and resort-style access to a 25m indoor lap pool, tennis court, a fully equipped gym, and a BBQ terrace. Act fast, this rare opportunity will not last!

Outgoings:
Council Rates: $627.00 per quarter approx.
Water Rates: $185.00 per quarter approx.
Owners Corporation Fees: $1,184.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
House Size
52 m²

Price guide

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