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Sold on 10 Oct 2024 for $1,580,000

110/50 Macquarie Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 110/50 Macquarie St, Teneriffe

110/50 Macquarie St, Teneriffe is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment

Last Listing description (October 2024)

On the ground floor of the Saratoga Woolstore, a rare opportunity awaits to purchase a single level apartment with a flawless floor plan.

Commanding the front of the property, bathed in natural light spilling through the enormous louvre windows, the living space offers an expansive open space to design to your heart's content.

A truly spectacular residence, the building's heritage details such as exposed timber beams and brick walls have been preserved to create a unique ambience.


Property features include:
- 2 Bedrooms
- 2 Bathrooms
- 162SQM
- Single level layout
- Optimal separation between apartment and living area
- Oversized living area
- Separate second sitting/living area with storage
- Built-in mirrored bar area
- Granite kitchen bench
- Polished timber floors
- Oversized sash windows
- Main bathroom with bathtub

The striking granite kitchen island hovers between the living area and the galley style kitchen, creating separation without impeding on space or practicality. A stand-out feature of this home is the built-in bar, adding a touch of luxury, perfect for entertaining or for your personal enjoyment. The kitchen design is sleek, with high-gloss black cabinetry creating an elegant mirrored effect, enhancing the mirrored bar area to optically enlarge the space.

At the rear of the apartment, the two bedrooms are separated by the second living area. The main bedroom, which can be accessed from one living room through large glass doors, as well as through a sliding door from the other, enjoys access to its own ensuite and walk-in robe.

The second bedroom, illuminated by a window into the main living area is complete with built-in wardrobes, and the main bathroom, preceded by the laundry and linen storage, features a shower over bathtub.

With Macquarie Street literally on your doorstep, enjoy all Teneriffe has to offer: excellent cafes and dining destinations, incomparable strolls along the river and proximity to the city's most popular lifestyle precinct. Just three kilometres from the CBD, and a short drive to Brisbane Airport, ample public transport options and easy access to major roads and motorways will take you anywhere you like!

BUILDING FEATURES
• In-ground heated pool
• Equipped gym
• Sauna
• BBQ & Recreational facilities
• Pet-friendly complex
• Secure car park
• Secure off-street visitors parking
• Lift Access
• Intercom entrance system
• 24hourCCTVmonitoring
• Onsite manager

SUBURB FEATURES

Lifestyle
• Multitude of cafés, restaurants, bars and specialty shops
• Walking distance to Brisbane CBD, Gasworks Plaza Precinct, James Street Precinct and Fortitude Valley
• Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
• Easy access to public transport network
• Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link Tunnel

Transportation

• 4km (15mindrive) to Brisbane CBD
• 15km (20mindrive) to Brisbane Airport
• 2km (5mindrive) to Bowen Hills Train Station
• Teneriffe City Gilder (bus) and City Cat (ferry) terminal & BCC Bus stop

Education

• New Farm State School & Fortitude Valley State School Catchment zone
• Proximity to Holy Spirit Primary School New Farm & All Hallows School
• Short drive to Brisbane Grammar School, Brisbane Girls Grammar School and a number of other inner-city private schools

For more information about this property, please contact Ben Percival on 0406 606 778 or Simon Petrie on 0439 668 867.

This property is going to AUCTION on Tuesday, September 24th at 5:30PM, on-site.

Property History for 110/50 Macquarie St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,580,000
10 Oct 2024
  • 26 Sep 2024
    Sold for $1,580,000
  • 22 Aug 2024
    Listed for Sale Under Contract
  • 17 Sep 2010
    Sold for $827,000
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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 3,769 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, 235 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Contact agent
Ben Percival
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Simon Petrie
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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.