Owner occupier looking for a stunning inner-city apartment to call home? Or investor looking to secure $4,000 per month in income? This is the property for you!
In the heart of South Brisbane, 20502/22 Merivale Street is ideally located in the highly sought after 'Ivy & Eve' building, which offers direct access to Brisbane's premier entertainment precinct, including the Convention & Exhibition Centre, Queensland Gallery of Modern Art, Queensland Performing Arts Centre, Museum & Science Centre. It's also centrally positioned near Southbank Parklands, West End, and the Brisbane CBD, and located just 600 metres to the prestigious Brisbane State High School.
For those seeking a comfortable and convenient home with a spacious tree-lined courtyard, look no further. The apartment boasts floor-to-ceiling glass sliding doors that invite abundant natural light. Investors will appreciate the high growth potential and excellent rental income. With several new developments planned in South Brisbane for the 2032 Olympic Games, there is significant potential for property value appreciation in the near future.
Residents of Ivy & Eve enjoy exclusive access to a resort-style recreational deck on level 5, featuring an outdoor cinema with tiered seating, an alfresco dining area with an in-built barbeque, brick pizza oven, and teppanyaki bar. The complex also offers a full-size gym, yoga rooms, multi-purpose rooms, and a glass-edged swimming pool with a spa, sundeck, and lounges.
Property Highlights:
? One spacious bedroom with built-in wardrobe and direct courtyard access
? One luxurious bathroom with floor-to-ceiling marble look tiles
? One secure car park and lockable storage cage
? Modern kitchen with gas cooktop and dishwasher
? Open-plan dining and living areas
? Oversized tree-lined courtyard perfect for entertaining
? Discrete internal laundry
? Ducted air-conditioning throughout
Location Highlights:
? 1 minute to bus stop
? 1 minute to South Brisbane train station
? 2 minutes to Southbank Parklands
? 3 minutes to Brisbane CBD
? 3 minutes to West Village
? 600m metres to Brisbane State High School
? 1.4km to West End State School
Important Information:
Short term rentals acheive $4,000 per month income and $5,000 per month during holidays season
Long term rentals achieve $650 per week
Modest body corporate fees and healthy sinking fund
Disclaimer: This property is listed for sale without a specified price, so we are unable to provide a price guide. The website may categorize the property into a price range for functionality purposes. Please refrain from making any assumptions about the sale price based on these website filters. Every effort has been made to ensure the accuracy of the information provided. However, prospective buyers should conduct their own enquiries to verify the details of the property. Please note that virtual staging has been used in photos.
