21502/28 Merivale Street, South Brisbane QLD 4101

1-bed Ivy & Eve apartment | 56m² internal | flood overlay | Brisbane high school catchment This unit offers a rare combination for a one-bedroom floorplan—genuine separation of living and sleeping zones within a 56m² footprint, plus a dedicated car space in a premium 2018-built tower. The Brisbane State High School catchment alone command a persistent demand premium from both owner-occupier professionals and investors targeting the rental corridor between the CBD and West End. For a buyer seeking low-maintenance urban tenure with above-average rental yield potential and strong capital growth adjacency to South Bank, the configuration here is defensible. The flood overlay is the primary structural risk, translating directly into higher insurance premiums and potentially tighter lending criteria from some financiers. Body corporate levies in a full-facility tower of 476 units tend to escalate after the five-year mark, and the absence of an FTTB connection in a 2018 build is a minor but real oversight. The opportunity exists in its relatively muted current listing profile—less competition means room to negotiate below the estimated range. A propcred buyer report would clarify exactly where this unit sits against comparable sales in Ivy & Eve and nearby towers, and flag any outstanding levy liabilities or flood insurance implications before you commit.