FOR SALE
Over $590,000

502/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 65m2
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Chic, Quiet and Super Convenient - Move Straight In!

Positioned on level five of the superbly located 'DoubleOne 3' complex, this light-filled apartment is in excellent condition, recently undergoing a fresh coat of paint, new carpets, bathroom fixtures, dishwasher and kitchen tapware. It has an elevated and peaceful south-east facing balcony towards the river and the woolstores. It's stylish, perfectly located, and will be available for vacant possession!
Apart from its location, the best features of this apartment are its storage areas, the east facing aspect and the well thought-out design. The apartment consists of contemporary finishes that are complimented with light and bright colour tones, giving it a modern, fresh and enduring appeal. The abundance of storage areas can be found throughout the apartment, a spacious walk-in robe for the bedroom, floor-to-ceiling cupboards in the living room, plenty of shelves and cupboards in the kitchen and lots of shelf space behind the mirrors in the bathroom. The balcony is ideally facing towards the river, meaning it is quiet, peaceful and will capture plenty of natural light and breezes.
Please email or call Anthony on 0430 028 254 to register your interest or make sure to attend the next open house before it goes under contract.
Additional Features:
- Quiet south east aspect with elevated position
- Generous balcony suitable for outdoor dining/entertaining
- Woolworths Metro only 50 metres away!
- Cafe, bakery and other shops also on ground level
- Bathroom tiles have been recently regrouted
- Bright, breezy and peaceful
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Property Details for 502/113 Commercial Rd, Teneriffe

502/113 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 65m2 and floor size of 65m2. The place is currently for sale with Best Life Real Estate Agency - NEW FARM.

Building Type
Apartment
Floor Size
65m2
Land Size
65m2

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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 3,760 properties. Over the last 5 years, Houses in Teneriffe have seen a 26.46% increase in median value, while Units have seen a 64.11% increase. As at 30 September 2024:

  • The median value for Houses in Teneriffe is $2,131,809 while the median value for Units is $987,908.
  • Houses have a median rent of $890 while Units have a median rent of $750.
There are currently 24 properties listed for sale, and 16 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Anthony Oddo
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Best Life Real Estate Agency - NEW FARM
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.