OFF MARKET

113/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 85m2
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Property Details for 113/113 Commercial Rd, Teneriffe

113/113 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 85m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2014
Floor Size
77m2
Land Size
85m2
Local Government
Brisbane
Lot/Plan
113/SP248904

Last Listing description (July 2023)

Dimitri Cassidy from Ray White New Farm presents this beautifully appointed apartment positioned on level 1 in the renowned 'Double One 3' building. This stunning apartment is a generously proportioned two-bedroom apartment with a peaceful southeast-facing balcony that faces a quiet leafy corridor. An ideal property for investors, first-home buyers and downsizers who are wanting the idyllic Teneriffe lifestyle, at an affordable cost.

Apart from its location, the best features of this apartment are its storage areas, the south-east facing balcony and the well-thought-out design. The apartment consists of contemporary finishes that are complimented with light and bright colour tones, giving it a modern, fresh, and enduring appeal. An abundance of storage areas can be found throughout the apartment, a spacious wardrobe for both bedrooms, floor-to-ceiling cupboards in the hallway, plenty of shelves and cupboards in the kitchen and loads of shelf space behind the mirrors in the bathroom.

With a large selection of some of Brisbane's best restaurants, bars, and cafes right on your doorstep, and Woolworths at the bottom of the building, the lifestyle and convenience this property offers is outstanding.

Special Features:

- Rooftop Terrace with BBQ and stunning City views
- Secure basement car park with 23 visitor car parks
- Abundance of storage areas and large walk-in robe
- Stylish lobby, with good on-site management
- Pet-friendly complex
- Ducted Air-conditioning
- Modern dishwasher and dryer
- Fantastic on-site management
- 360 View of Brisbane CBD from the rooftop terrace
- Easy stroll to the River Boardwalk, Woolworth's metro, Gasworks, restaurants, shops and transport allowing you to revel in the relaxed Teneriffe lifestyle

To enquire about this property or arrange an inspection, please get in touch with Dimitri Cassidy 0419 790 458

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

A timeline of how this property has performed in the market
Last Sold
$715,000
10 Jun 2023
Listed for Rent
$750/w
05 Nov 2018
  • 10 Jun 2023
    Sold for $715,000
  • 07 Jun 2023
    Listed for Sale SOLD BY DIMITRI CASSIDY!
  • 19 May 2021
    Listed for Sale FORTHCOMING AUCTION
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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.

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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.