21305/28 Merivale StreetSouth Brisbane QLD 4101
Property Details for 21305/28 Merivale St, South Brisbane
21305/28 Merivale St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 55m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in August 2025.
Last Listing description (October 2025)
Welcome to 21305/28 Merivale Street, South Brisbane, where luxury, convenience, and investment potential meet in one of Brisbane's most sought-after locations.
****** Due to higher than usual occupancy, only limited open home spots available in August*****
Located at Eve Tower, this stylish 1-bedroom apartment in the sought-after Ivy & Eve complex offers the best of both worlds - a lucrative investment opportunity with strong rental returns and an ideal first home in Brisbane's most vibrant inner-city location.
>>> Why This Apartment Stands Out
Proven High Demand - Currently operating as a successful Airbnb with strong occupancy, generating great net profit per month after all expenses.
Low Holding Costs - One of Brisbane's most cost-effective investments, with:
Body Corp: Only ~$980/quarter (includes a well-funded sinking fund)
Council Rates: ~$506/quarter
Flexible Rental Options - Switch effortlessly between short-term (Airbnb) and long-term leases (~$650 - $680 /week).
Prime Location = Reliable Returns - Just steps from Southbank, CBD, Convention Centre, GOMA & QPAC, ensuring constant tenant demand.
>>> For First Home Buyers:
Affordable Entry to Inner-City Living - Own your own stylish apartment without compromising on lifestyle.
Resort-Style Amenities - Enjoy a pool, spa, gym, outdoor cinema & more-all within your building.
Live Close to Everything - Walk to Southbank Parklands, West End cafes, cultural precincts & public transport.
Future Flexibility - Live in it now, then rent it out later (Airbnb or long-term) for strong returns.
>>> Financial Highlights
Body Corp: ~$980/quarter
Council Rates: ~$506/quarter
>>> The Best of South Brisbane Living
Unbeatable Location - Minutes from Brisbane's top dining, arts & entertainment.
Modern & Low-Maintenance - Ducted A/C, European laundry, secure parking.
Strong Investment Potential - With Brisbane's growing population & rental demand, this property holds long-term value.
A Rare Opportunity - Don't Miss Out!
Whether you're an investor looking for high returns with low costs or a first home buyer wanting inner-city convenience, this apartment delivers on all fronts.
Inspect today-this won't last long!
Disclaimer:
While every effort has been made to ensure accuracy, we cannot guarantee the completeness of this information. Prospective buyers should conduct their own enquiries to confirm all details.
Property History for 21305/28 Merivale St, South Brisbane, QLD 4101
- 19 Aug 2025Sold for $595,000
- 30 Jun 2025Listed for Sale Contact Agent
- 20 May 2024Sold for $482,000
Recent sales nearby
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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 10,562 properties. Over the last 5 years, Houses in South Brisbane have seen a 27.88% increase in median value, while Units have seen a 77.69% increase. As at 31 August 2026:
- The median value for Houses in South Brisbane is $1,760,969 while the median value for Units is $945,447.
- Houses have a median rent of $793 while Units have a median rent of $810.
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