11810/22 Merivale Street, South Brisbane QLD 4101

Level 11 Ivy Tower | 2-bed with pool | South Brisbane flood overlay | State High School catchment This unit occupies a strong inner-city position in a well-serviced high-rise, with a level 11 floorplate that likely captures city views and reduces street noise. The secure car space and detected pool are competitive differentiators in a market where newer builds often sacrifice both. It best suits an investor or owner-occupier seeking proximity to Brisbane CBD and Brisbane State High School, where two-bedroom apartments maintain solid demand and rental yields near $935 per week. The flood overlay is the primary risk, potentially increasing insurance costs and limiting future buyer pools; a flood report and insurance quote should be obtained before proceeding. Strata fees are low at $220 per quarter, which improves holding cost efficiency. The lack of sold history for this exact unit means comparable sales in the same complex must anchor your offer. Hold this property for rental income or as a city base, and monitor flood overlay changes for resale timing.