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Off Market

23004/28 Merivale Street

South Brisbane QLD 4101

3
2
2
Apartment
Last sold for $1,625,000
Jonathan Harper-HillJonathan Harper-Hill, last sold this property on 10 November 2025 after 32 days on market.

Overview

A cut above – First-class penthouse living, grandstand city, river & Southbank views + optional plus-one next door

Claiming its place as Ivy & Eve's crowning jewel, this three-bed penthouse apartment blankets the very top floor of the complex, gazing straight over the CBD, Southbank Arts, parklands, and humming reaches of the Brisbane River. The largest in the building, it's an absolute stand-out in its own right, though with the option to purchase the 1-bed, 1-bath, 1-car apartment just next door at #23003, the opportunity grows exponentially. Live in one while renting out the other, accommodate fly-in guests, multi-generational living arrangements, or double down and secure a dual-key investment powerhouse in the next Olympic city. Featuring secure parking for two cars, sky-high 3.9m ceilings, a gas kitchen, ensuited master, and three separate river-view balconies, it's a first-class lifestyle choice with bespoke amenities including a heated outdoor pool, cinema spa, gym, IT hubs, Teppanyaki dining area, and exclusive resident only zones. Step out to Fish Lane, celebrated dining hotspots, city hoppers, and West Village, stroll straight over Victoria Bridge to the CBD and Edward Street's designer scene, or wander down to the Queensland Museum, GOMA, and Queensland Performing Arts. - Top floor, penthouse apartment in iconic Ivy & Eve complex - Option to purchase neighbouring 1-bed, 1-bath, 1-car (#23003) - Lucrative Airbnb rates estimated up to $883 p/night - Spectacular, grand-stand CBD, Southbank & river views - Bespoke facilities incl. pool, gym, spa, cinema & dining areas - Two secure car spaces, plenty of visitor parking on-site - Master ft. ensuite, walk-through robe, river view balcony - Ducted air, gas kitchen, soaring 3.9m ceilings - Stroll to CBD, free city hopper ferries & trains - Walk to QPAC, GOMA & Convention Centre - Minutes to QUT, Griffith, QLD Tafe & Mater Hospital

Features

3 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in South Brisbane over the last 12 months, the estimated median property value of 23004/28 Merivale Street is $1.86m.

Median value
$1.86m
Estimated value range
$882k - $3.6m
Median days on market
21
Estimated value trend
52%
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 23004/28 Merivale Street

2025
Rented
Undisclosed
Leased on 28 Dec 2025 by Metrocity Realty
2025
Sold
$1,625,000
10 Nov 2025 by Jonathan Harper-Hill, of Belle Property Coorparoo

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 3 bedroom apartments in South Brisbane

In the last 12 months, 35 three-bedroom apartments similar to 23004/28 Merivale Street, have been sold.

This represents a 16% decrease in three-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Brisbane

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Elisa Wellington

Elisa Wellington is a recommended agent for South Brisbane.  They have 21 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (96 reviews)
  •  11 Reviews in South Brisbane
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Brad Munro

Sellers who recommend Brad Munro have praised them for being clear communication, local expert, honest, reliable, responsive, supportive and stress-free process

  •   4.9   (490 reviews)
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Matthew Cilia

Sellers who recommend Matthew Cilia have praised them for being clear communication, local expert, responsive, friendly, supportive, pleasant and dedicated

  •   5   (43 reviews)
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  •  8 Sales in South Brisbane
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Michelle Huang

Michelle Huang is a recommended agent for South Brisbane.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   5   (209 reviews)
  •  5 Reviews in South Brisbane
  •  5 Sales in South Brisbane
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