FOR SALE
Offers over $4,500,000

26 Waverley Street
Teneriffe QLD 4005

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 622m2
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Brisbanes Best Development Opportunity - Private 622 sqm on Teneriffe Hill

Capturing sensational vistas across the riverscape from an elevated and prestigious position on Teneriffe Hill, this property presents a highly desirable address and exclusive inner-city opportunity.
Privately positioned back from the street on a flat 622sqm parcel, the five-bedroom home offers the potential to live, renovate, or knock down and rebuild a brand-new luxury hilltop residence with mesmerising views over Brisbane (STCA). Heightened by a secondary pedestrian access up to Teneriffe Drive and Kent Street, this site has exceptional connectivity to Tenerrife Park, James Street, the Teneriffe riverside precinct and all that Brisbane's best lifestyle destination has to offer.
Harnessing sights sweeping over the Teneriffe, Newstead, and Hamilton landscapes and the winding waters of the Brisbane River, this majestic backdrop grounds the house with a sense of tranquillity, beauty, and vibrancy. With the chance to further enhance and
orientate these outlooks with a brand-new build (STCA), you can marvel at these astonishing vistas under the morning sunshine and evening lights.
Perched on a private hillside street, this property offers a premier opportunity in Teneriffe. The suburb's famed cafes, restaurants and bars are just 450m away, and you can enjoy exclusive shopping and dining at nearby James Street and Gasworks. A leisurely stroll from
the Riverwalk and on the doorstep of parklands, transport and recreation space, this is the riverside lifestyle you have been searching for.
This property offers but is not limited to:
- 622sqm lot on Teneriffe Hill - Post War
- Majestic Teneriffe, Newstead, Hamilton and Brisbane River views
- Unique Secondary pedestrian access allows immediate access surrounding lifestyle amenity
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Property Details for 26 Waverley St, Teneriffe

26 Waverley St, Teneriffe is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 622m2. The place is currently for sale with Ray White New Farm.

Building Type
House
Land Size
622m2

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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 3,771 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.18% increase in median value, while Units have seen a 66.73% increase. As at 31 October 2024:

  • The median value for Houses in Teneriffe is $2,045,362 while the median value for Units is $996,566.
  • Houses have a median rent of $858 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Teneriffe.

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Josh Brown
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Ray White New Farm
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