OFF MARKET

106/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 51m2
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Property Details for 106/113 Commercial Rd, Teneriffe

106/113 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 51m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2014
Floor Size
65m2
Land Size
51m2
Local Government
Brisbane
Lot/Plan
106/SP248904

Last Listing description (June 2021)

Teneriffe is an exceptional Inner-City suburb of Brisbane, offering residents an outstanding place to call home. Situated on the banks of the Brisbane River, residents of Teneriffe enjoy a lifestyle full of cafes and restaurants, river walks and amazing recreational facilities, while only moments from the shopping precincts of GasWorks and the Valley.

Ideally positioned on the first level of 113 Commercial Road, this exceptional 1 bedroom apartment boasts many fabulous features including:

- Wonderful open plan design with outstanding natural light and ventilation

- Fantastic outlook to Commercial Road
- Practical kitchen space
- Generous bedroom with built-in robe and ceiling fan
- Functional main bathroom with integrated laundry
- Ducted air-conditioning
- Tiled living space and carpet in the bedroom
- Crisp neutral colour scheme to compliment your furnishings brilliantly
- 1 secure car park
- Exceptional secure complex with roof top terrace
- Moments walk from everything Teneriffe and this superb location has to offer

This is an exceptional opportunity to buy into an address and location that will continue to grow and transform. This is a MUST INSPECT and WILL BE SOLD, so call NOW!

Property History for 106/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$315,000
31 May 2021
Listed for Rent
$410/w
06 Oct 2016
  • 31 May 2021
    Sold for $315,000
  • 19 Mar 2021
    Listed for Sale Offers Over $320,000
  • 29 Aug 2016
    Listed for Rent $435 / 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 3,772 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.

Suburb Insights for Teneriffe 4005

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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.