Don’t miss this exceptional opportunity to secure a truly unique commercial space in the heart of South Brisbane, surrounded by thousands of residents within world-class developments such as “Ivy and Eve.”
28A Merivale Street offers 200m2 of flexible, high-exposure space with extensive capital improvements and dual street frontages, providing an ideal setting for office, retail, medical, or showroom users seeking a premium city-fringe location.
Property Highlights:
- 128m2 ground floor tenancy with 72m2 approved mezzanine
- 35m2 exclusive alfresco area and landscaped garden
- 1 secure parking space on title; staff can use visitor parking with permit
- Major investment in infrastructure and refurbishment works
- Principal Centre Zoning; highly versatile use potential
- Large glass frontage with abundant natural light
- Two exclusive storage rooms
- Excellent public transport at your doorstep
- Surrounded by 476 apartments above and thousands more within walking distance
- Dual street exposure with potential to split tenancy
- Access to outstanding shared amenities within “Ivy and Eve” including pool, gym, open-air theatre, and teppanyaki dining areas
Existing Lease:
- Existing tenant in place paying $108,000 P.A. (Gross), increasing to $118,000 in February 2025
- Lease expires 14/2/2028, however, potential for early release
This volumetric title offers all the advantages of freehold ownership without the restrictions of a body corporate, making it a standout investment or owner-occupier opportunity in one of Brisbane’s most dynamic precincts.
Location Advantage:
Positioned on busy Merivale Street, this property benefits from high foot and vehicle traffic, immediate access to public transport, and proximity to South Bank, the CBD, and West End’s thriving retail and dining scene.