OFF MARKET

115/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 65m2
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Property Details for 115/113 Commercial Rd, Teneriffe

115/113 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 65m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2014
Floor Size
55m2
Land Size
65m2
Local Government
Brisbane
Lot/Plan
115/SP248904

Last Listing description (September 2023)

Designed with comfort and style in mind, the apartment is equipped with ducted air conditioning and ceiling fans and is beautifully finished using quality floor coverings and fixtures.

You will be spoilt by this near new multi-purpose apartment that exudes contemporary charm nestled in the perfect location of Teneriffe, just moments from the Brisbane River.

Enjoy the roof top terrace with BBQ facilities for entertaining & magnificent River & City views. Short 100 metre stroll to Teneriffe Bus & City Cat Terminals & ever popular river Boardwalk. Teneriffe residents are spoilt for choice with the vibrant lifestyle offering a host of first class restaurants, cafes, bars & lifestyle amenities.

This apartment features:
Innovative open plan living spaces;
Spacious balconies;
Secure parking;
Ample storage;
Expansive windows and flowing indoor-outdoor layouts;
Designer kitchen filled with European appliances;

Perched on level 1 of the superbly located 'DoubleOne 3' building in blue-chip Teneriffe, sits this well designed, practical and very convenient property. Facing south east towards the river, it is quiet, comfortable and private. Built in 2014, it is still in excellent condition and already has a secure tenant in place.

Additional Features:
- Great tenants in place at $470 per week until 10th Sept 2023
- Stylish lobby, with good on-site management
- Rooftop Terrace with BBQ and stunning City views
- Secure basement car park with over 20 visitor car parks
- Totally lift accessible with intercom access
- Pet-friendly complex
- Compact dishwasher and clothes dryer
- Body Corporate fees approx. $3,946 per year
- Sinking Fund Balance approx. $405,145

When you aren't out and about sampling the finer things Teneriffe has to offer, you'll enjoy cooking in the stylish, well-appointed kitchen. It features sleek, white and oak-finished cabinet design, and high-quality electric appliances, including dishwasher.

Features you'll love:
1 bed, 1 bath, 1 car
Ducted air conditioning
Kitchen: benchtop surfaces, sleek, white and oak-finished cabinet design, high-quality appliances, dishwasher
Indoor/outdoor living spaces
Ceiling fans
Plenty of storage
Security intercom system
Pet friendly

DoubleOne 3 complex:
Onsite manager
Ample visitor parking
Secure underground tenant parking
Rooftop entertaining with city views
Street-level commercial spaces including caf and bakery
Secure bicycle storage cages approx 3 x 3
Location: short walk to Newstead Gasworks Plaza and James Street, riverfront walkways, and parks

The property is being sold with the furniture a list of items available on request

Be quick to secure this exciting and convenient Lifestyle!

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 115/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$485,000
03 Aug 2023
Listed for Rent
$545/w
03 Jun 2016
  • 03 Aug 2023
    Sold for $485,000
  • 27 Jul 2023
    Listed for Sale Offers Over $485,000
  • 29 Jan 2016
    Listed for Rent - Price not available
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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 3,810 properties. Over the last 5 years, Houses in Teneriffe have seen a 16.49% increase in median value, while Units have seen a 63.81% increase. As at 31 August 2024:

  • The median value for Houses in Teneriffe is $1,942,745 while the median value for Units is $981,120.
  • Houses have a median rent of $840 while Units have a median rent of $750.
There are currently 30 properties listed for sale, and 25 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 238 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.