SOLD
Sold on 09 May 2024 for $494,000

21706/28 Merivale Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 63m2
Sold By
Rocky Zhong
Harcourts Connections
Save

Property Details for 21706/28 Merivale St, South Brisbane

21706/28 Merivale St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 63m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
51m2
Land Size
63m2
Local Government
Brisbane
Lot/Plan
21706/SP275470

Last Listing description (July 2024)

Discover the epitome of urban living at 21706 Eve Apartment, a modern one-bedroom unit in the Ivy & Eve complex that offers a blend of modern comfort and convenience, surrounded by an array of shops, cafes, restaurants, parks, and accessible public transport.

** Please be kindly advised that this is tenanted property and furniture and personal belongings have all been edited out from photos due to tenant's privacy request. Please also refer to disclaimer at the bottom of the ads. **

** Huge balcony with almost 9 sqm extra floor area ***

This unit features a large balcony that seamlessly connects with the indoor living area, creating a spacious and inviting atmosphere. You can enjoy the panoramic views with a wide angle over West End, Milton, the Brisbane River and the Go Between Bridge , relax in the sun, or entertain your guests in this outdoor oasis. The balcony can also be transformed into an enclosed outdoor area by adding an automatic fly screen, giving you more privacy and protection from the elements.

*** Nest or Invest ***
As the existing lease agreement is set to expire in June 2024, this presents an opportune moment for first-time homebuyers to take possession with minimal delay. Additionally, for those interested in a long-term rental, the property will be available for lease renewal at competitive market rates following the conclusion of the current tenancy. The rental appraisal is $700 to $750 per week based on ACTUAL LEASED ONE BEDDER WE ACHIEVED IN THIS BUILDING

*** Key Highlights: ***
? Expansive Balcony: Revel in the breathtaking views of West End, Milton, and the Brisbane River from your private balcony, ideal for soaking up the sun or hosting gatherings. The option to install an automatic fly screen adds versatility, transforming it into a cozy, enclosed space.

? Streamlined Kitchen: A modern kitchen equipped with stainless steel appliances, ample storage, and a mirrored backsplash. The open-plan design extends into the living area, providing a spacious environment for relaxation and dining.

? Comfortable Living: The living space is bathed in natural light, featuring floor-to-ceiling windows and direct access to the balcony, enhancing the sense of openness.

*** Apartment Features: ***
? Parking: A dedicated and secure parking space for your convenience.
? Outdoor Living: An oversized balcony offering panoramic vistas and a touch of tranquility.
? Accommodation: One bedroom with plush carpeting, built-in wardrobe, and expansive windows.
? Bathroom: A contemporary bathroom with a large shower, elegant tiles, and a mirrored cabinet, including a discreetly placed internal laundry.
? Climate Control: Enjoy the comfort of ducted air-conditioning throughout the unit.

*** Outgoings:***
? Body Corp (sinking fund + building insurance + administrative charge): approx: $1416/qtr
? Council rate: approx: $480/qtr
? Water utility: approx: $230 to $260/qtr

Embrace a lifestyle that combines the best of indoor comfort and outdoor enjoyment, all within a lively urban setting. This exceptional property is waiting for you. Get in touch to schedule your exclusive tour.

"Disclaimer:
1. This property is advertised for sale without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering."

2. This tenanted property and furniture and personal belongings of the tenants have been heavily de-cluttered due to tenant's privacy request. Some photos are used from other identical unit 21306 in the same building to illustrate what it looks like when the unit is well-organised. Those photos include bathroom, living area, kitchen and balcony.

Property History for 21706/28 Merivale St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$494,000
09 May 2024
  • 09 May 2024
    Sold for $494,000
  • 28 Mar 2024
    Listed for Sale Not Disclosed
  • 16 Feb 2016
    Sold for $466,500

Commute Calculator

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 10,393 properties. Over the last 5 years, Houses in South Brisbane have seen a -17.47% decrease in median value, while Units have seen a 46.82% increase. As at 31 August 2024:

  • The median value for Houses in South Brisbane is $876,142 while the median value for Units is $720,857.
  • Houses have a median rent of $700 while Units have a median rent of $705.
There are currently 42 properties listed for sale, and 52 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 662 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

Market Insights
South Brisbane Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
South Brisbane Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.