SOLD
Sold on 26 Dec 2023 for $745,000

108/109 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
Land area: 75m2
Sold By
Sixty Four Property
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Property Details for 108/109 Commercial Rd, Teneriffe

108/109 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 75m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
68m2
Land Size
75m2
Local Government
Brisbane
Lot/Plan
108/SP283277

Last Listing description (February 2024)

A perfect mix of modern inner-city elegance with contemporary luxury, Fabric is highly sought-after by homeowners and investors alike. Apartments are snapped up quickly when they hit the market.

Apartment 108 offers 2 large bedrooms, allocated study area, 2 bathrooms and a secure car park - all across a spacious 70sqm open floor plan. This home comprises essential features including gourmet kitchen with stone bench-top and Miele appliances, high-grade finishes, timber flooring, an elegant balcony (6sqm) with direct access from both the living room and the master bedroom, intercom security, ducted air-conditioning and double-glazed windows/doors. Residents enjoy exclusive amenities including rooftop pool, BBQ facilities, alfresco dining, and shaded cabanas, all with 360-degree views of Brisbane City, Hamilton Hill, and Brisbane's east coast. With dedicated on-site management you can rest easy knowing that your home is protected, and unwind in the privacy of your own sanctuary, while still being part of the vibrant urban tapestry.

Situated in the picturesque suburb of Teneriffe, enjoy the unmatched convenience that this location offers. In just a short walk, you are met with an abundance of cafes, restaurants, boutique stores and the iconic Brisbane River, perfect for a leisurely stroll or morning jog. Residents enjoy easy access between destinations, with numerous public transport options such as buses and ferries, located within a 5-minute walk. Notable places nearby include, but are not limited to:

New Farm State School | 751m
James Street, New Farm | 900m
Gasworks Plaza, Newstead | 900m
New Farm Park | 1.9km
Brisbane Powerhouse, New Farm | 2km
Brisbane CBD | 3.8km

An inspection is a must! Contact one of our listing agents today for more information.

Property History for 108/109 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$745,000
26 Dec 2023
Listed for Rent
$650/w
30 May 2023
  • 26 Dec 2023
    Sold for $745,000
  • 01 Dec 2023
    Listed for Sale Not Disclosed
  • 23 May 2023
    Listed for Rent $650 / 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 3,769 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 21 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 232 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.