12607/22 Merivale Street, South Brisbane, QLD 4101 | Property Value & History | OnTheHouse
OFF MARKET

12607/22 Merivale Street
South Brisbane QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 12607/22 Merivale St, South Brisbane

12607/22 Merivale St, South Brisbane is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
2017
Local Government
Brisbane
Lot/Plan
12607/SP275469

Last Listing description (August 2024)

Double the Space, Double the Luxury! Combining Two Apartments into One Incredible Opportunity!

Introducing the Skyward Twins: Apartments 12606 and 12607 at Ivy & Eve!

The projected combined weekly income for BOTH units should be approx $1700 (for very conservative estimate) , or $88400 per year based on below highly reasonably rental estimate:

1 bedroom unit based on today's rental appraisal is $$690 to $720 per week from Nov 2024

2 bedroom unit based on today's rental appraisal is $930 to $980 per week from Set 2024

Picture yourself living high above the city on the 26th floor! These two remarkable apartments offer a unique living experience at the summit of urban living. Enjoy the exhilaration of elevated living with fresher air, stunning views, and an unbeatable atmosphere; one even boasts the title of "penthouse."

These neighboring apartments present a fantastic Airbnb investment, fully equipped for your rental aspirations. The vibrant locale ensures an unforgettable experience for any guest - be it Aunt Adele, Cousin Josh, or the in-laws.

Just like twins share an unbreakable bond, these apartments share spectacular views of the city, river, and mountains. They are the perfect spots to watch the sunset with a glass of wine in hand.

>>> Apartment 12606: <<<
One bedroom plus One Bathroom of 60sqm (Most spacious one bedroom unit)
Exclusive Car Park - Level H (Podium 3 - C716)
Currently tenanted for $630 per week till 26 Nov 2024. Rental appraisal as $680 to $700 per week.
The BIGGEST one bedroom unit in this complex as most one bedroom units are 51sqm in this complex
Massive open plan including a spacious living space and a full kitchen with a long kitchen bench
Balcony is close to 8sqm in total, presenting a square shape to put a formal table and chairs for outdoor leisure enjoyment of the breathtaking views
View aspect: Unobstructed & Permanent Views (wide capture) of: Westend / Milton / Suncorp Stadium / Brisbane River
"The Cozy Nest" Step into Apartment 12606, a cozy retreat featuring 1 bedroom, 1 bathroom, and 1 car space. Work from home in the separate study, then relax in the stylish open-plan living area with an entertainer's balcony. The master bedroom is spacious, complete with a luxurious King size bed.

>>> Apartment 12607: <<<
Two Bedrooms Two Bathrooms of 77 sqm
Exclusive Car Park - Level H (Podium 3 - C717)
Currently leased for $900 per week till 04 Sep 2024. Rental appraisal as $950 to $980 per week
Extra large balcony to enjoy the full view from different aspects
View aspects: Front: Brisbane City / Queens Wharf / Brisbane River
Right: South Bank and Kangaroo Point
Left: Go Between Bridge / Milton & Suncorp Stadium
This expansive home offers 2 bedrooms, 2 bathrooms, and 2 car spaces, providing ample space and versatility. The master bedroom features a King bed, deluxe ensuite, and private balcony - epitomizing comfort and luxury. Guests will appreciate the contemporary design and modern amenities, including a full-service kitchen perfect for entertaining.

>>> Outgoings: <<<
Body Corp:
- Unit 12606: approx: $1421/qtr
- Unit 12607: approx: $1768/qtr
Council Rates: approx: $480/qtr per unit
Water& Utility: approx: $250 -$280/qtr per unit (depending on the usage)

>>> Features include:<<<

DUAL KEY STYLE: Perfect for parent living in 2 bedroom unit and kid living in 1 bedroom unit
Combined Carpark: Car spaces for both units are next to each other
Full-service kitchens with high-quality appliances
Master bedrooms with King beds
Private laundry facilities with washing machine and dryer
Ducted air conditioning throughout
Stunning views of the city, river, and mountains
Modern bathrooms
5-minute walk to bus and train stations
10-minute walk to Brisbane CBD
Restaurants and cafes at your doorstep
Vibrant nightlife just a short walk away
Enjoy resort-style living with:

Large pool with city views, sun lounges, and hanging chairs
Heated spa for relaxation
Outdoor cinema
Well-equipped gym and yoga room
Spacious entertaining areas with BBQs, pizza oven, and ample seating

Disclaimer:
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.

Please be advised that photos of both units are the past photos, NOT the current photos as we follow tenants' privacy request not to display their personal belongings.

Property History for 12607/22 Merivale St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$839,888
19 Aug 2024
  • 30 Aug 2024
    Sold - Price Undisclosed
  • 25 Jul 2024
    Listed for Sale Buy both or Separate - Income appx. $88400 p.a
  • 18 Jul 2023
    Listed for Rent $900
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About 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 10,562 properties. Over the last 5 years, Houses in South Brisbane have seen a 42.09% increase in median value, while Units have seen a 82.89% increase. As at 31 July 2026:

  • The median value for Houses in South Brisbane is $1,855,981 while the median value for Units is $955,971.
  • Houses have a median rent of $795 while Units have a median rent of $805.
There are currently 53 properties listed for sale, and 20 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 433 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.