316/113 Commercial RoadTeneriffe QLD 4005
Property Details for 316/113 Commercial Rd, Teneriffe
316/113 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 60m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Last Listing description (March 2019)
Owner Occupiers: Cheaper than Renting! Vacant Possession Available.
Investors: Rents well $400-$420 - 5.6% Gross Return! Low Outgoings.
Only 5 years young, this light-filled apartment is in excellent condition and has a peaceful south-east facing balcony which faces a quiet leafy corridor. The building 'Double One Three' is an architecturally designed mixed-use building with a renowned caf and bakery on street level. It is ideally only 200m from the Teneriffe River Ferry, River-walk and the vibrant bar and restaurant strip along Vernon Terrace.
If you're after superb inner-city living in one of Brisbane's most desirable suburbs at a very affordable price, this is for you. The tenants have recently moved out, vacant possession is available, call Anthony now to book a private inspection today.
- 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 $3,332.23 annually
- Sinking fund balance $391,735.42
Please call us today for a private inspection!
Property History for 316/113 Commercial Rd, Teneriffe, QLD 4005
- 29 Jan 2019Sold for $374,000
- 06 Nov 2018Listed for Sale Sold
- 13 Feb 2014Sold for $450,000
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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 3,771 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.
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