CBRE are pleased to offer 12 Merivale Street, South Brisbane for sale via Public Auction. 12 Merivale Street is a landmark site providing flexible opportunities for redevelopment or repositioning. The asset is situated in a prime position within a highly accessible inner-city location.
Key highlights of the opportunity include:
•Substantial 921sqm land holding primed to redevelop to a minimum of ten storeys under code (STCA).
•Existing structure with ability to immediately reposition and generate holding income.
•Flexible zoning (PC1) permitting various development outcomes in the tightly held South Brisbane market including residential apartments, build-to-rent, commercial office, hotel, medical and vertical retirement/aged care (STCA).
•Within the Kurilpa precinct - the next stage of Southbank, reinvigorated ahead of the 2032 Olympics.
•250m from the Go Between Bridge, 300m from the Kurilpa Bridge and 600m to the William Jolly Bridge, providing access to all corners of Brisbane.
•Abundant amenity including Brisbane’s finest restaurants, cultural attractions, and entertainment hubs.
•Infrastructure at the forefront of the site directly benefitting from QPAC Upgrade, Brisbane Live, Brisbane Metro and the mooted Olympics Broadcast Centre.
A 100% freehold interest in 12 Merivale Street, South Brisbane is available for purchase via Public Auction on Thursday 7th of October 2021 at 11am (AEST). The auction will be held at CBRE Office – 1 Eagle Street, Brisbane. Prior to auction, copies of the contract will be provided upon request.
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Please contact exclusive agent.
921 m² (*approx)
Commercial, Office, Other, Office, Other
Commercial Development Opportunity (STCA)
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