Positioned on the fourth floor of Station 16, this modern two-bedroom apartment presents an outstanding opportunity to secure a tenanted investment in one of Brisbane's most connected and rapidly evolving inner-city locations.
The apartment offers a practical, low-maintenance layout with open-plan living and dining, a contemporary kitchen, air-conditioning, built-in wardrobes and a private balcony. A secure car space is also included, while residents of Station 16 enjoy access to a swimming pool and fully equipped gymnasium.
Already leased into next year, the property provides immediate rental income and places investors in a location supported by consistently strong tenant demand. South Bank, West End, the Brisbane CBD, public transport, hospitals, universities and the cultural precinct are all within easy reach.
What makes this opportunity particularly compelling is the scale of transformation planned for the surrounding riverfront.
Lendlease has been selected to deliver a major new precinct on the former Visy site between South Bank and West End. Spanning more than seven hectares, the proposed development is set to introduce more than 4,000 homes alongside new parkland, riverfront promenades, boardwalks, plazas and improved pedestrian and cycling connections.
Nearby, Stockwell has acquired the landmark former Pauls Milk Factory site, with plans for another significant mixed-use riverfront precinct incorporating residential, hospitality and entertainment uses.
Together, these projects are expected to reshape the connection between South Bank and West End, bringing further infrastructure, amenity and activity to an area already regarded as one of Brisbane's premier lifestyle and investment destinations. Positioned close to both precincts, 405/16 Merivale Street stands to benefit from the continued evolution of the surrounding neighbourhood.
Property features include:
- Two-bedroom, one-bathroom apartment on the fourth floor
- Open-plan living and dining with excellent natural light
- Contemporary kitchen with stone benchtops and quality appliances
- Private balcony and air-conditioning
- Built-in wardrobes
- Secure single-car accommodation
- Resident swimming pool and gymnasium
- Established tenancy providing immediate rental income
- Easy access to South Bank, West End and the Brisbane CBD
- Close to train, bus and active-transport connections
- Positioned near two of South Brisbane's most significant proposed riverfront redevelopments
For investors seeking immediate income, enduring rental appeal and exposure to one of Brisbane's most important urban-renewal locations, this is an opportunity worthy of serious consideration.
Financials:
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,800 per quarter (approx.)
- Rental Appraisal: $675 - $725 per week
In-Room Auction (if not sold prior)
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 24th September 2026 at 11am
Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
