FOR SALE
Pre-Market Opportunity!

Ground Floor/4 Florence Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 126m2
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Perfect Blend of Style and Sophistication and Versatile living!

Dimitri Cassidy from The Ray White New Farm Collective presents this rare ground-floor apartment in "The Cannery" complex. No expense has been spared in the renovation, and the thoughtfully designed floor plan, combined with its prestigious Teneriffe address, makes it the perfect home for first-time buyers, investors, young professionals, or anyone seeking a mid-week retreat.
With immaculately maintained facilities and dedicated on-site management, this Teneriffe gem is a fantastic opportunity. The Cannery's distinctive architectural design stands out in the area, offering a unique statement. This 2-bedroom apartment offers a seamless blend of style and functionality.
Conveniently located just moments from everything you need, including Gasworks, the river boardwalk, CityCat and bus terminals, and a wide range of top-notch restaurants, cafes, and bars.
PROPERTY HIGHLIGHTS:
• Front terrace balcony with street access
• Fully renovated kitchen with high-end finishes
• Timber flooring throughout
• Air-conditioning throughout
• Intercom system
• Secure basement parking
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Property Details for Ground Floor/4 Florence St, Teneriffe

Ground Floor/4 Florence St, Teneriffe is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 126m2. The place is currently for sale with Ray White New Farm.

Building Type
Apartment
Land Size
126m2

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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 29 properties listed for sale, and 20 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Dimitri Manolis
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Sharna Bell
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Ray White 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.