12510/22 Merivale Street, South Brisbane QLD 4101

Level 25 north-east aspect | Ivy & Eve complex | Brisbane State High catchment | city and river views This unit occupies a high-floor position that is structurally rare in the South Brisbane market—most apartments at this price point sit below level 15. The north-eastern orientation, combined with floor-to-ceiling glass, delivers genuine all-day natural light and unobstructed river sightlines that hold value better than lower or west-facing stock. For a buyer targeting Brisbane State High School catchment with a modern floorplan, this configuration is competitively advantaged. The 84m² internal area is adequate for a two-bedroom owner-occupier or a professional couple; the resort amenities on Level 5 add lifestyle depth that supports premium rental demand. The detected flood zone is the primary structural risk—this will constrain capital growth relative to comparable units outside the overlay, and may affect insurance costs and lender appetite. However, the building’s 2017 construction and elevated position reduce actual inundation probability. The opportunity lies in buying below the optimistic valuation range, given current market conditions and the flood signal. Hold this property for at least five years to capture Olympic-led infrastructure uplift in South Brisbane, and treat it as a lifestyle-plus-investment hybrid rather than a pure growth play.