88 Merivale StreetSouth Brisbane QLD 4101
Property Details for 88 Merivale St, South Brisbane
Last Listing description (December 2018)
Undeniably South Banks Best Mixed-Use Development Site
CBRE has the exclusive pleasure to present 88 Merivale Street, South Bank, which is being offered For Sale via International Expressions of Interest.
This is the first time this prime amalgamation has ever been offered to the market and presents is truly a once in a generation opportunity to secure what is undeniably South Banks best mixed-use development site.
Summarised below are the key development characteristics of the opportunity:
- Expansive 4,539sqm* elevated site with 3 street frontage (Cordelia, Merivale & Glenelg Streets);
- Current DA for a 258 bay commercial car park;
- Flexible town planning parameters providing endless development possibilities to cater for market demand;
- Substantial holding income and multiple staging opportunities to unlock development immediately;
- Prime location opposite Musgrave Park and positioned equidistant to the Convention Centre entrance and Brisbane State High School; and
- Unrivalled retail, transport, entertainment and cultural amenity.
For Sale via Expressions of Interest closing Wednesday 29th October 2014 at 4pm.
Property History for 88 Merivale St, South Brisbane, QLD 4101
- 20 Dec 2018Listed for Sale Contact Agent
- 28 Feb 2017Listed for Rent $300/sqm Gross Effective
- 16 Jul 2014Listed for Rent - Price not available
Recent sales nearby
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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 10,552 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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