201/16 Merivale StreetSouth Brisbane QLD 4101
Property Details for 201/16 Merivale St, South Brisbane
201/16 Merivale St, South Brisbane is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in South Brisbane in the last 12 months.
Last Listing description (December 2023)
Secluded and surrounded by high net worth real estate, this fantastic apartment is a superb offering. This well-presented residence offers a supreme lifestyle and is only moments from the Brisbane river, fabulous cafes, train station, Southbank and 5 minutes to the CBD.
Located in prestigious South Brisbane, the apartment is a wonderful entry-level property and would suit a first-home buyer looking to buy into a coveted inner-city suburb. It will also appeal to downsizers choosing to simplify, as well as a savvy investor seeking a promising rental return.
Warm and welcoming the property enjoys:
- Open-plan living and dining area with glass sliding doors opening onto a generous verandah that is perfect for entertaining guests which is facing north
- Well-appointed kitchen with excellent cupboard and bench space
- Low-maintenance, well-maintained apartment with spacious floor plan
- Versatile neutral colour palett
- European appliances
- Double glazed windows and sliding doors
- Security swipe card entrance and intercom
- Secure one-car car space with room for an additional storage unit
- Walking distance to city-bound bus routes, Performing Arts Centre, Museum, State Library, Tafe and University campus, CityCat and 5 minutes to the vibrant West End precinct
- Surrounded by Somerville House, St Lawrences College, Brisbane State High School and part of the West End State School catchment
- Pool and Gym facilities
- Rates are approx $450.00 per qtr
- Utilities are approx $180.00 per qtr
- Body Corporate is $7,200 annually
- VACANT and ready to occupy immediately
Apartment living never looked so good. Soak up inner-city living in a lifestyle rich area and surround yourself with all the perks of the affluent southern and inner-city suburbs.
For all serious buyers ready to secure this incredible opportunity please contact Matt O'Neill on 0423 693 550 or mattoneill@eplace.com.au immediately.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 201/16 Merivale St, South Brisbane, QLD 4101
- 03 Dec 2023Sold for $555,000
- 27 Nov 2023Listed for Sale Offers Over $545,000
- 05 Jun 2023Sold for $520,000
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About South Brisbane 4101
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 10,242 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:
- The median value for Houses in South Brisbane is $1,601,446 while the median value for Units is $717,255.
- Houses have a median rent of $680 while Units have a median rent of $750.
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