Back 21305/28 Merivale Street
Off Market

21305/28 Merivale Street

South Brisbane QLD 4101

1
1
1
55 m²
Apartment
Rocky ZhongRocky Zhong, last sold this property on 02 September 2025 after 35 days on market.

Overview

Due to strong demand and high occupancy 90% plus throughout the year, there are only 5 days vacant over the next 2 months (Weekends ALL BOOKED OUT)

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.

Features

1 bedroom
1 bathroom
1 carspace
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 21305/28 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 21305/28 Merivale Street

2025
Sold
Undisclosed
Private Sale/Treaty on 02 Sep 2025 by Rocky Zhong, of Aurora Assets Management Group
2024
Sold
$482,000
19 May 2024 by Matt Sale, of Ray White West End

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, 123 one-bedroom apartments similar to 21305/28 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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