SOLD
Sold on 18 Dec 2023 for $395,000

402/16 Merivale Street
South Brisbane QLD 4101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 73m2
Sold By
Richardson And Wrench Plus QLD
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Property Details for 402/16 Merivale St, South Brisbane

402/16 Merivale St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 73m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in South Brisbane in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
54m2
Land Size
73m2
Local Government
Brisbane
Lot/Plan
402/SP235603

Last Listing description (August 2024)

Presenting a charming apartment located at 402/16 Merivale Street, nestled in the vibrant neighbourhood of South Brisbane.

Situated within a well-maintained building comprising 66 apartments, this residence offers a convenient and comfortable living space for prospective tenants. With amazing amenities and the CBD at your fingertips and the vibrant South Bank only a stone's throw away, what more can you ask for?

Apartment & Building Highlights:

- Open plan living and dining area with split system air conditioning and access to the balcony, perfect for relaxation or hosting guests.
- Abundant storage space throughout the apartment.- Spacious master bedroom with built-in robes, ceiling fan, split system air conditioning, and two frosted glass sliding doors.
- Modern kitchen with stainless steel appliances, Bosch dishwasher, cooktop, double sink, and ample storage.
- Front balcony with overhead cover and views of the city skyline.- Secure complex with swipe access security and intercom door, offering peace of mind.
- Single car space in the communal garage with remote access, along with visitor parking and ample street parking available.
- Double lift access for convenience.- Communal pool area and gym located on Level 2 of the building.
Location Highlights:- Conveniently located across the road from the nearest bus stop.
- Within close proximity to Queensland Theatre, Brisbane Convention & Exhibition Centre, South Brisbane Train Station, West Village Market, South Bank Parklands, and Suncorp Stadium.
- Just a short distance to the CBD and Brisbane Airport.

This apartment boasts a prime location in the heart of South Brisbane, offering easy access to a variety of dining options, cafes, and shops.

Other:
- Embedded Network- Building name and CTS - Station 16 CTS 43663 (Morgan Suites)
- Pets must be approved by Body Corp where applicable
- By Laws applicable.

For further enquiries or to schedule a viewing, please feel free to contact us today.

Property History for 402/16 Merivale St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$395,000
18 Dec 2023
  • 03 Jul 2024
    Listed for Rent $580 / week
  • 18 Dec 2023
    Sold for $395,000
  • 30 Oct 2023
    Listed for Sale Not Disclosed
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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 10,390 properties. Over the last 5 years, Houses in South Brisbane have seen a 51.82% increase in median value, while Units have seen a 38.95% increase. As at 31 July 2024:

  • The median value for Houses in South Brisbane is $1,375,496 while the median value for Units is $704,736.
  • Houses have a median rent of $700 while Units have a median rent of $700.
There are currently 42 properties listed for sale, and 58 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

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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.