OFF MARKET

307/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 68m2
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Property Details for 307/113 Commercial Rd, Teneriffe

307/113 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 68m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
2014
Floor Size
58m2
Land Size
68m2
Local Government
Brisbane
Lot/Plan
307/SP248904

Last Listing description (February 2020)

In the renowned Double One 3 building, a stones throw from the Teneriffe Ferry, this very spacious one bedroom apartment (83m in total) is light filled, stylish and well designed. A perfect property for first home buyers, downsizers and investors alike.

Bursting with light colour tones and stylish wooden cabinetry, it is stylish, modern and in excellent condition. The floor-plan is generous in proportions with room for a dining table and study in the living / dining, a large walk in robe, ample cupboard space and a 10m2 balcony with an appealing leafy outlook.


With a vast array of top quality restaurants, bars and cafes right on your doorstep, and the Woolworths just recently opened at the bottom of the building, the lifestyle and convenience is unrivalled.

Additional Features
- Can be sold with furniture
- 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 managers
- Pet-friendly complex
- Ducted Air-conditioning
- Modern dishwasher and dryer
- Disable person access
- Body Corporate $4,009 annually
- Sinking fund balance $474,668
- Currently tenanted at $440 per week until June

Contact Anthony now to book an inspection!

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Property History for 307/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$400,000
30 Nov 2019
Listed for Rent
$450/w
11 Sep 2017
  • 30 Nov 2019
    Sold for $400,000
  • 25 Nov 2019
    Listed for Sale Under Contract
  • 12 Aug 2017
    Listed for Rent $450 / week
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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.

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