Back 21203/28 Merivale Street
Off Market

21203/28 Merivale Street

South Brisbane QLD 4101

1
1
1
55 m²
Apartment
Last sold for $620,000
Rocky ZhongRocky Zhong, last sold this property on 18 July 2025 after 351 days on market.

Overview

Urban Living: One-Bedroom Apartment with Brisbane City and River Views

Discover the allure of elevated living in this expansive one-bedroom residence with Brisbane City and River view, complete with parking on the 12th floor at EVE Apartment. The apartment has EXTREMELY LOW Body Corp with only around $1450 per quarter including Admin charge, sinking fund and insurance Currently leased as a hotel apartment, this apartment has always been well looked after with ongoing maintenance between check-ins and Check-outs. For the new owners who are looking to invest, the estimated rental is $700 to $730 per week based on the recent one bedroom apartment we leased in the same tower for $700 per week. An ideal investment, this property presents a lucrative earning potential (either for long term rental or AirB&B), making it a prime choice for first-time homeowners seeking a vibrant urban experience, or for professionals and couples desiring a blend of comfort and convenience. The design maximizes natural illumination, creating an inviting atmosphere throughout its generous layout. The apartment boasts a contemporary, full-scale kitchen adorned with stone countertops and a gas range, merging seamlessly into the ample living and dining space. A dedicated workspace and an expansive terrace further enhance the living experience. Strategically positioned adjacent to South Bank, the residence is merely moments away from South Brisbane's railway hub, cultural landmarks such as the Queensland Performing Arts Centre and GOMA, and the Brisbane Convention and Exhibition Centre. The West End and Brisbane's central district are also within easy reach, offering an eclectic mix of eateries, entertainment venues, boutiques, weekend bazaars, and more. Outgoings • Body corp (admin + sinking fund + insurance): approx: $1470/qtr • Council: approx: $480/qtr • Water & Utility: approx: $220 to $250/qtr Key features include: • A generously proportioned kitchen with stone surfaces • A commodious living and dining area • A substantial bedroom with a mirrored closet and breathtaking vistas of Brisbane City, Queens Wharf, and Brisbane River • Comprehensive ducted climate control • An internal laundry facility alongside a roomy bathroom • A secluded study • A personal terrace for leisurely evenings • A designated parking spot • Professional on-site management and round-the-clock security • A boundless swimming pool and a warm spa • A fitness center with a distinct area for yoga • An outdoor dining space with a Teppanyaki grill • A pizza oven • Barbecue amenities • A billiards table and a children's play area Weekends can be spent indulging in the infinity pool, unwinding in the spa, lounging on the deck, or catching a film at the open-air cinema. The deck is also outfitted with a Teppanyaki grill, barbecue setup, pizza oven, yoga space, billiards, and a play area. The property lies within the catchment for Brisbane State High School and is proximate to esteemed educational institutions such as Somerville House, TAFE Queensland South Bank Campus, Griffith University Southbank Campus, and Queensland University of Technology. Enjoy the fusion of luxury and location in this exquisite urban retreat. 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.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
55 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Brisbane over the last 12 months, the estimated median property value of 21203/28 Merivale Street is $650k.

Median value
$650k
Estimated value range
$185k - $1.19m
Median days on market
21
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Brisbane. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 21203/28 Merivale Street

2025
Sold
$620,000
Private Sale/Treaty on 18 Jul 2025 by Rocky Zhong, of Place Purpose Group Stafford

Happy sellers in South Brisbane

89%
89% of sellers in South Brisbane reported that their sale price either exceeded or met their price expectations.

South Brisbane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in South Brisbane over the last 12 months.

Local market activity for 1 bedroom apartments in South Brisbane

In the last 12 months, 122 one-bedroom apartments similar to 21203/28 Merivale Street, have been sold.

This represents a 33% increase in one-bedroom apartments sales when compared to the previous 12 months.

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