11409/22 Merivale St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 56m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Located in the centre of the Brisbane Cultural Precinct and South Bank Parklands, this is an excellent apartment for investors looking to snap up Brisbane real estate before the price increases or for modern professional owner occupier alike.
This spacious modern one-bedroom covers an area of 55.5m2 and designed to amaze. This apartment offers an open plan living and dining areas joint together effortlessly and open onto an enclosable glass sunroom which leads out further towards the open air balcony.
Residents of the IVY and EVE can take advantage of the wide range of amenities in the building which include infinity lap pool, yoga studio, state of the art gym, dining area with BBQ and pizza oven, games room with private bar, and teppanyaki BBQ area.
Location Features:
- Walking distance to trendy Fish Lane Precinct and Grey Street Dining Precinct with various restaurants, cafes and bars.
- West Village precinct is within walking distance with Harris Farm Market, Woolworths and Coles across the road
- Walking distance to Southbank Parklands
- Walking distance to Brisbane State High School
- Walking distance to Cultural Centre Busway Station and South Brisbane Train Station
- Brisbane CBD is just 1.5km away
Rental is extremely strong in this area with very low vacancy rate. Currently tenanted at $510pw with lease in place until 02/09/23. With a low Body Corporate Fees of $70pw, this property offers huge benefits to investors.
Don't miss out. Call Carlos Lim or Charles Lee for an inspection.
Property Code: 700
The size of South Brisbane is approximately 2.3 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of South Brisbane in 2011 was 5,416 people. By 2016 the population was 7,179 showing a population growth of 32.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation. In 2011, 32.8% of the homes in South Brisbane were owner-occupied compared with 29.6% in 2016.
South Brisbane has 10,235 properties. Over the last 5 years, Houses in South Brisbane have seen a 55.41% increase in median value, while Units have seen a 47.66% increase. As at 31 October 2024:
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