FOR SALE
Under Contract!

204/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 85m2
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Explore the captivating allure of luxurious living in the sought-after Teneriffe neighbourhood

Proudly presented by Dimitri Cassidy from Ray White New Farm, this exquisite apartment situated on the second level of the renowned 'Double One 3' building, Perfectly suited for investors, first-home buyers, and downsizers seeking the idyllic Teneriffe lifestyle without breaking the bank.
Move in the next 30 days! Beyond its prime location, this apartment showcases exceptional features, including ample storage spaces, a balcony, and a thoughtfully designed layout. The contemporary finishes throughout the apartment are enhanced by refreshing colour tones, exuding a modern and timeless charm.
Experience the convenience and vibrant lifestyle this property offers, with an array of Brisbane's finest restaurants, bars, and cafes within close proximity, along with a Woolworths conveniently located just steps away.
BUILDING HIGHLIGHTS:
• Abundance of storage areas and a spacious walk-in robe
• Ducted air-conditioning for year-round comfort
• Modern dishwasher and dryer included
• Onsite management
• Plenty of visitor parking
• Secure underground parking for tenants
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Property Details for 204/113 Commercial Rd, Teneriffe

204/113 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 85m2. The place is currently for sale with Ray White New Farm.

Building Type
Apartment
Land Size
85m2

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About Teneriffe 4005

The size of Teneriffe is approximately 0.9 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Teneriffe in 2011 was 4,700 people. By 2016 the population was 5,344 showing a population growth of 13.7% in the area during that time. The predominant age group in Teneriffe is 30-39 years. Households in Teneriffe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Teneriffe work in a professional occupation. In 2011, 41.6% of the homes in Teneriffe were owner-occupied compared with 42.3% in 2016.

Teneriffe has 3,810 properties. Over the last 5 years, Houses in Teneriffe have seen a 57.40% increase in median value, while Units have seen a 63.89% increase. As at 31 July 2024:

  • The median value for Houses in Teneriffe is $2,575,555 while the median value for Units is $968,564.
  • Houses have a median rent of $915 while Units have a median rent of $750.
There are currently 28 properties listed for sale, and 29 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Teneriffe.

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Dimitri Manolis
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Sharna Bell
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Ray White New Farm
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