12 Merivale StreetSouth Brisbane QLD 4101
Property Details for 12 Merivale St, South Brisbane
Last Listing description (October 2021)
CBRE are pleased to offer 12 Merivale Street, South Brisbane for sale via Public Auction. 12 Merivale Street is a landmark site providing flexible opportunities for redevelopment or repositioning. The asset is situated in a prime position within a highly accessible inner-city location.
Substantial 921sqm land holding primed to redevelop to a minimum of ten storeys under code (STCA).
Existing structure with ability to immediately reposition and generate holding income.
Flexible zoning (PC1) permitting various development outcomes in the tightly held South Brisbane market including residential apartments, build-to-rent, commercial office, hotel, medical and vertical retirement/aged care (STCA).
Within the Kurilpa precinct - the next stage of Southbank, reinvigorated ahead of the 2032 Olympics.
250m from the Go Between Bridge, 300m from the Kurilpa Bridge and 600m to the William Jolly Bridge, providing access to all corners of Brisbane.
Abundant amenity including Brisbane's finest restaurants, cultural attractions, and entertainment hubs.
Infrastructure at the forefront of the site directly benefitting from QPAC Upgrade, Brisbane Live, Brisbane Metro and the mooted Olympics Broadcast Centre.
A 100% freehold interest in 12 Merivale Street, South Brisbane is available for purchase via Public Auction on Thursday 7th of October 2021 at 11am (AEST). The auction will be held at CBRE Office 1 Eagle Street, Brisbane. Prior to auction, copies of the contract will be provided upon request.
Property History for 12 Merivale St, South Brisbane, QLD 4101
- 07 Oct 2021Sold for $7,150,000
- 29 Sep 2021Listed for Sale Please contact exclusive agent.
- 15 Jun 1999Sold for $455,000
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0About South Brisbane 4101
The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% 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 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.
South Brisbane has 10,552 properties. Over the last 5 years, Houses in South Brisbane have seen a 41.04% increase in median value, while Units have seen a 86.51% increase. As at 30 June 2026:
- The median value for Houses in South Brisbane is $1,832,595 while the median value for Units is $975,977.
- Houses have a median rent of $795 while Units have a median rent of $800.
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