OFF MARKET

216/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 60m2
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Property Details for 216/113 Commercial Rd, Teneriffe

216/113 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 60m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2014
Floor Size
77m2
Land Size
60m2
Local Government
Brisbane
Lot/Plan
216/SP248904

Last Listing description (June 2023)

Positioned on level two of the superbly located 'DoubleOne 3' complex, this light-filled apartment is in excellent condition with a peaceful south-east facing balcony facing a quiet leafy corridor. It's stylish, perfectly located, and ready for you to move straight in!

Apart from its location, the best features of this apartment are its storage areas, the east facing aspect 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. The abundance of storage areas can be found throughout the apartment, a spacious walk-in robe for the bedroom, floor-to-ceiling cupboards in the living room, plenty of shelves and cupboards in the kitchen and lots of shelf space behind the mirrors in the bathroom. The balcony is ideally facing away towards the river side of the peninsula, meaning it is quiet, peaceful and will capture plenty of natural light and breezes.

Please email or call Anthony on 0430 028 254 to register your interest or make sure to attend the next open house before it goes under contract.

Additional Features:
- Quiet south east aspect, facing leafy corridor
- Bright, breezy and peaceful
- Excellent Storage throughout
- Ducted Air-conditioning
- Modern dishwasher and dryer
- 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
- Two bike storage rooms on ground level
- Pet-friendly complex (requires BC approval)
- Option to purchase furnished (inclusive of asking price)
- Rental Appraisal $450 - $500 per week (unfurnished)
- Rental Appraisal $500 - $550 per week (furnished)
- Sinking Fund balance $305,715.66 as at May 2023
- Body Corporate Fees $4,118 per year
- Council Rates $450 per quarter

Property History for 216/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$486,500
24 May 2023
Listed for Rent
$450/w
06 Jan 2016
  • 24 May 2023
    Sold for $486,500
  • 11 May 2023
    Listed for Sale Under Contract
  • 23 Nov 2015
    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 3,793 properties. Over the last 5 years, Houses in Teneriffe have seen a 6.11% increase in median value, while Units have seen a 65.57% increase. As at 30 November 2024:

  • The median value for Houses in Teneriffe is $1,852,817 while the median value for Units is $1,007,377.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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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.