OFF MARKET

108/139 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 103m2
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Property Details for 108/139 Commercial Rd, Teneriffe

108/139 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 103m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in April 2007.

Building Type
Unit
Year Built
1998
Floor Size
77m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
108/SP101390

Last Listing description (November 2024)

Situated in the heart of Teneriffe, this secluded green oasis combines the charm of the heritage building and modern loft living. This unique home offer open plan living, with plenty of wall space to use as a canvas of your own.

This outstanding location is in one of the most sought-after suburbs. Enjoy the peace and quiet of Teneriffe but with all the right restaurants, cafes and boutique stores at your doorstep making Teneriffe the place to be. A few steps out and you have the amazing riverside walkway detailing the history of the area, but you just need to look up and you can see it with the heritage industrial buildings all around on the tree lined streets.

Compromising of 2 bedrooms and 2 bathrooms, this apartment offers seclusion as the bedrooms are spread across both floors. The downstairs air-conditioned living space creates the room for a multitude of ideas to run wild, with incredibly high ceiling to capture the cool river breezes.

The stylish Kitchen is complete with ample storage and cupboards, a stainless-steel splashback and benches for easy inner-city life living and modern appliances.
The second bedroom with its own ensuite leads out to your own patio area where you arrive at the topical green surrounds. Up the timber stairs is where you find the generous sized main loft bedroom with your own walk-through robe and your own private access to the bathroom and built in laundry.

With James st, New Farm Park and the Gasworks in walking distance, the ferry terminal is at the end of Commercial Rd, just a ferry ride over the river and you are in Bulimba. There is a lot to do in the area, hop on a bus, catch the train from Fortitude Valley or Bowen Hills and you can go anywhere. The CBD is merely 4km and a short drive to the airport proving you are in the right place, whatever your needs, whatever your lifestyle. Achievable rent is $700p/w plus if the property is snapped up by an investor. Instant income stream.

FEATURES:
? 2 Spacious bedrooms on separate levels
? 2 Bathrooms adjoining each bedroom for multi-purpose use
? Modern appliances including dishwasher and dryer
? Air conditioning
? Large secure under cover car space with security fob access including CCTV
? Extremely well monitored gated complex with additional measures including CCTV throughout the complex and security that patrols the complex on
three occasions throughout
? Heated, saltwater 25m lap and plunge pool
? Gym
? Landscaped BBQ facilities
? Direct access to public transport, CityGlider bus, trains and ferries
? Many cafes, restaurants, bars and boutique stores
? Walking distance to iconic Brisbane suburbs, Brisbane CBD, Fortitude Valley and New Farm
? Walking distance to iconic places, Gasworks precinct, James St and Howard Smith Wharves
? Easy access to ICB and Kingsford Smith Drive, M7 and Airport Link
? 4km to CBD
? 2km to Bowen Hills and Fortitude Valley train station
? New Farm State School catchment zone
? Holy Spirit Primary School New Farm
? Pets upon Body Corporate approval

Unlike others, the Cannery complex was not affected by the 2011 or 2022 flood events * Body Corporate Fees (admin and sinking) - Approx $1,117.49 per quarter * Brisbane City Council Fees - Approx $480.95 per quarter Move in now as an owner occupier or secure yourself a very solid investment.(Listing ID: 21121944 )

Property History for 108/139 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$398,000
27 Apr 2007
  • 16 Oct 2023
    Listed for Sale By Negotiation
  • 27 Apr 2007
    Sold for $398,000
  • 25 Mar 2007
    Listed for Sale $405,000
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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 27 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 237 properties were sold in the past 12 months in Teneriffe.

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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.