311/50 Macquarie StreetTeneriffe QLD 4005
Property Details for 311/50 Macquarie St, Teneriffe
311/50 Macquarie St, Teneriffe is a 3 bedroom, 3 bathroom Apartment with 2 parking spaces. The property has a land size of 181m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Apartment sold in Teneriffe in the last 12 months.
Last Listing description (January 2024)
Once a showroom displaying wool bales, the top-floor of the Saratoga Woolstore now houses some of Brisbane's most sought-after properties. Designed to allow ample light to stream in, showcasing the property's unique features, the soaring sawtooth ceiling and skylights combined with the hardwood floors create an appealing, industrial residence in the heart of Teneriffe.
Spread across two levels, Unit 311 offers ample space and exceptional privacy, as well as a covered balcony. On the lower level, a modern kitchen with a stunning granite island bench and generous storage space leads into the open plan living and dining area. Enjoy the convenience of a covered balcony as an extension of the living space, perfect for any weather and illuminated by a skylight overhead.
Tucked away at the rear of the lower level is a bedroom with built-in robes, which enjoys access to its own bathroom, perfect for guests or older children who may enjoy their privacy. Also on this level is the separate laundry.
Past the lounge area, ascend the hardwood stairs to access the upper level, where you will find two bedrooms opposite each other. The second bedroom enjoys a walk-in robe as well as its own ensuite, separated from the main bedroom by a corridor.
The main bedroom occupies the mezzanine, illuminated by stunning skylights. Perched above the living area, making the most of the soaring eight-metre-high ceilings, this is a versatile space which can be styled as a sitting room, home office, or of course, a main retreat with a walk-in robe and its own bathroom.
Unit 311 is a unique property which truly highlights the sought-after Woolstore features, ready for you to call home, or hold as a lucrative investment opportunity, capitalising on its private layout.
An exceptionally charming suburb, the streets of Teneriffe are lined with bustling cafes and fantastic restaurants, offering endless choices for leisure. Stroll along the Riverwalk toward Newstead or New Farm to discover all this peninsula has to offer, or make the most of the ample public transport options nearby to explore Brisbane. Just a short drive to the international airport and well connected to major roads and motorways, Teneriffe's location is simply outstanding!
PROPERTY FEATURES
• 3 Bedrooms
• 3 Bathrooms
• 2 Car Spaces (with storage cage)
• 181 SQM
• Split-level apartment
• Soaring 8m high sawtooth ceiling with skylights & exposed timber beams
• Top-floor Saratoga Woolstore location
• Covered balcony
• Split system air conditioning throughout
• Granite kitchen island bench
• Open plan living & dining space
• Separate laundry
• Two bedrooms with walk-in robes, one with built-in robe
BUILDING FEATURES
• In-ground heated pool
• Equipped gym
• Sauna
• BBQ & Recreational facilities
• Pet-friendly complex
• Secure car park
• Secure off-street visitors parking
• Lift Access
• Intercom entrance system
• 24 hour CCTV monitoring
• Onsite manager
SUBURB FEATURES
• Easy access to public transport network, including CityGlider Bus & Ferries
• Multitude of cafés, restaurants, bars and specialty shops
• Walking distance to CBD, Gasworks Precinct, James Street and Fortitude Valley
• Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
• Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link
• 4 km to CBD
• 10 km to Brisbane Airport
• 2 km to Bowen Hills Train Station
• New Farm State School & Fortitude Valley State School Catchment zone
• Proximity to Holy Spirit Primary School New Farm & All Hallows School
• Short drive to Brisbane Grammar School, Brisbane Girls Grammar School
Property History for 311/50 Macquarie St, Teneriffe, QLD 4005
- 17 Jan 2024Sold for $1,550,000
- 01 Nov 2023Listed for Sale Offers Over $1,575,000
- 20 Aug 2022Sold for $1,260,000
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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 3,810 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.
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