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Sold on 23 May 2024 - Price Unavailable

17 Teneriffe Drive
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 271m2
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Property Details for 17 Teneriffe Dr, Teneriffe

17 Teneriffe Dr, Teneriffe is a 3 bedroom, 1 bathroom House. The property has a land size of 271m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Teneriffe in the last 12 months.

Building Type
House
Land Size
271m2
Local Government
Brisbane
Lot/Plan
1/RP9223

Last Listing description (May 2024)

Claim ownership of this exclusive, tightly-held Teneriffe Hill property. In a prized position, this 271sqm block presents a rare development opportunity in one of Brisbane's most tightly held enclaves.

With a commanding northerly aspect atop Teneriffe Hill and backing onto the exclusive Teneriffe Park, this property is complimented by expansive city and district views and an unmatched sense of space and privacy.

Featuring DA Approval to keep the existing c1880 home and build the brand-new "Coach House" residence, buyers can take opulence to new heights and build a custom two-storey, 4-bedroom, 4-bathroom, 2-car oasis with a rooftop terrace, pool and wine cellar.

Purchase 17 Teneriffe Drive and enjoy an enviable cosmopolitan lifestyle in one of the city's most established and beautiful suburbs. Close to prominent schools, buses, CityCats and just 3km from the CBD, this exceptional property offers but is not limited to:

• Rare 271 sqm block with Teneriffe Hill address
• DA approval to renovate the existing house
• Exquisite opportunity to build a luxury new home
• Direct access to 7.5 acres of parkland
• Currently configured with 3 bedrooms and 1 bathroom
• Potential for breathtaking Brisbane City views
• Walking distance to James Street and Howard Smith Wharves
• Access to buses, CityCats, top schools and CBD

The DA approved home features:

• DA Approval for a two-storey architectural home
• 4 bedrooms, 4 bathrooms, 2-car accommodation
• Rooftop terrace, study, pool, fitness area and wine cellar
• Yacht-inspired design with seamless indoor to outdoor living
• Builder available for immediate commencement

To obtain further information, please contact Matt Lancashire on 0416 476 480 or Ben Osborne 0419 752 008.

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.

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Property History for 17 Teneriffe Dr, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
23 May 2024
  • 23 May 2024
    Sold for $3,400,000
  • 24 Apr 2024
    Listed for Sale Under Contract
  • 30 Nov 2022
    Sold for $3,050,000
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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 3,770 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 29 properties listed for sale, and 20 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Teneriffe.

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Ben Osborne
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