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That's Built · Building report

The Sovereign

6-10 Wells Street, Southbank VIC 3006
Generated 8 November 2026
Mixed use · Residential Apartment
41 mheight
13floors
1996completed
109homes
7permits

Development milestones

Construction startedAug 1996First major construction permit issued
First occupantsAug 1996First occupancy permit issued
Completed1996The Sovereign completed: 13 floors

Building team

Developer
Central Equity
Owners corporation manager
MICM Property Owners Corporation

Planning & subdivision

Zone
MUZ
Overlays
DDO1, DDO27, DDO60, DDO60-A6, PO12, SBO4
Strata plan
PS339680 · 113 lots
Scores
🚆 6 · ☕ 5 · 🌳 9 · ✨ 2

Timeline

20251 building permit · about $182k of new works
Largest: extension to existing lift shaft to discharge to Podium level
2019Council census records it as residential apartment, 13 floors
Name recorded: The Sovereign
20171 building permit and 2 certificates · about $388k of new works
Largest: Ground Floor - Internal alterations and construction of a front canopy
20161 building permit · about $550 of new works
Largest: Installation of ASE Unit
20131 building permit · about $300k of new works
Largest: Erection of structural steel pergolas & upgrade safety fence and barriers to swimming pool
20111 building permit · about $8k of new works
Largest: Roof over rear courtyard of Apartment 6
20081 certificate · about $300 of new works
Largest: The Sovereign. Upgrade and installation of code red fire alarm monitoring system.
20031 building permit · about $550 of new works
Largest: Removal of layflat canvas hoses
20021 certificate · about $2k of new works
Largest: Install code red fire monitoring equipment -
2002First council census entry: residential apartment, 13 floors
20001 certificate · about $190 of new works
Largest: installation of alarm signalling equipment
1996The Sovereign completed: 13 floors
Derived from City of Melbourne building census (CLUE) 2024
Aug 1996First major construction permit issued
Derived from City of Melbourne building permits
Aug 1996First occupancy permit issued
Derived from City of Melbourne building permits
19961 certificate · about $18.0m of new works
Largest: Construction of a new building
19951 certificate · about $100k of new works
Largest: Demolish 3 buildings
19941 building permit · about $49k of new works
Largest: Demolition of a two storey structure and three single storey structures

Building permits and certificates (14)

Each cost is the estimate on that record. Stages of a project often repeat its full value, so these don't add up to what was spent.

31 Jan 2025extension to existing lift shaft to discharge to Podium level$182k
04 Dec 2017Ground Floor - Internal alterations and construction of a front canopy$200k
02 Nov 2017Stage 2 - To completion of project (Alterations & additions to Apartment Building)$60k
21 Aug 2017Unit 1 - Internal Alterations to an existing Apartments$188k
01 Aug 2016Installation of ASE Unit$550
07 May 2013Erection of structural steel pergolas & upgrade safety fence and barriers to swimming pool$300k
13 July 2011Roof over rear courtyard of Apartment 6$8k
04 Apr 2008The Sovereign. Upgrade and installation of code red fire alarm monitoring system.$300
14 July 2003Removal of layflat canvas hoses$550
22 Feb 2002Install code red fire monitoring equipment -$2k
18 Oct 2000installation of alarm signalling equipment$190
08 Aug 1996Construction of a new building$18.0m
21 Dec 1995Demolish 3 buildings$100k
30 Sept 1994Demolition of a two storey structure and three single storey structures$49k

Questions and answers

Is The Sovereign residential or commercial?
The Sovereign mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was The Sovereign built?
The Sovereign was completed in 1996.

How many floors does The Sovereign have?
The Sovereign has 13 floors above ground.

How many apartments are in The Sovereign?
The Sovereign has 109 homes. The national address file lists 124 unit addresses here, and some of those can be shops or offices.

Does The Sovereign have parking?
The City of Melbourne records 181 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near The Sovereign?
The median unit price in Southbank was $580,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.

What businesses are in The Sovereign?
The latest council census counted 1 business in The Sovereign, including CitiPower.

Are there apartments for sale or rent in The Sovereign?
See the residential listings on this page, or use the shortcuts to search 6-10 Wells Street on realestate.com.au and Domain.

Is there office or retail space for lease in The Sovereign?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built The Sovereign?
Central Equity developed The Sovereign. The building team section has the sources.

How tall is The Sovereign?
About 41 metres, measured from the City of Melbourne's 3D building model. It's number 80 of 190 buildings in Southbank by height.

What public transport is near The Sovereign?
Flinders Street Station is the nearest train station, about 11 minutes' walk. The nearest tram stop is Grant St/Sturt St #18, about 2 minutes' walk.

What is the planning zone for The Sovereign?
The site is in the Mixed Use Zone (MUZ).

Does The Sovereign have an owners corporation?
Plan of subdivision PS339680 has 113 lots.

Has any work been done on The Sovereign recently?
The City of Melbourne has issued 7 building permits for The Sovereign since 1994. The most recent was in January 2025.

Sources: City of Melbourne building permits (CC BY 4.0); CLUE building information (CC BY 4.0); CLUE business establishments (CC BY 4.0); CLUE residential dwellings (CC BY 4.0); Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). General information from public records, not legal, financial or building advice.

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