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Sold on 02 Sep 2024 - Price Unavailable

1/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
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Property Details for 1/113 Commercial Rd, Teneriffe

1/113 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
96m2

Last Listing description (September 2024)

Dimitri Cassidy from Ray White New Farm presents, an opportunity for this exquisite ground-floor apartment situated at the renowned 'Double One 3' building. Perfectly suited for investors, first-home buyers, and downsizers seeking the idyllic Teneriffe lifestyle without breaking the bank. Beyond its prime location, this apartment showcases exceptional features, including ample storage spaces, a gorgeous private courtyard, and an intelligently 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 Woolworths conveniently located just steps away.

PROPERTY FEATURES:

• Generous master bedroom with ensuite overlooking the private courtyard
• Spacious kitchen with ample storage
• Modern dishwasher and stainless-steel appliances
• Open-plan living & dining with abundant natural light
• Abundance of storage areas
• Combined main bathroom with hidden laundry
• Ducted air-conditioning for year-round comfort
• Timber flooring
• Private courtyard with plenty of space for entertaining

BUILDING HIGHLIGHTS:

• Onsite management
• Plenty of visitor parking
• Secure underground parking for tenants
• Rooftop entertainment area with city views
• Street-level commercial spaces, including a café and bakery
• Bicycle storage facilities

SUBURB HIGHLIGHTS:

• 1.0km to James Street
• 1.2km to Kin&Co
• 2.2km to Brisbane Powerhouse
• 600m to Beccofino

SCHOOL CATCHMENT:

• 1.0km to Fortitude Valley State Secondary College
• 1.2km to New Farm State School
• 1.9km to Holy Spirit School

If you would like further details about this stunning property, please contact Dimitri Cassidy on 0419 790 458.

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Property History for 1/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
02 Sep 2024
Listed for Rent
$510/w
16 Feb 2019
  • 02 Sep 2024
    Listed for Sale Sold By Dimitri Cassidy & Sharna Bell
  • 25 Aug 2024
    Sold for $780,000
  • 14 Feb 2019
    Listed for Rent $470 / week
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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 3,793 properties. Over the last 5 years, Houses in Teneriffe have seen a 6.11% increase in median value, while Units have seen a 65.57% increase. As at 30 November 2024:

  • The median value for Houses in Teneriffe is $1,852,817 while the median value for Units is $1,007,377.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 231 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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