SOLD
Sold on 02 Mar 2024 for $1,500,000

324/50 Macquarie Street
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 185m2
Land area: 184m2
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Property Details for 324/50 Macquarie St, Teneriffe

324/50 Macquarie St, Teneriffe is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1940. The property has a land size of 184m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1940
Floor Size
185m2
Land Size
184m2
Local Government
Brisbane
Lot/Plan
324/SP147390

Last Listing description (June 2021)

Positioned on the top floor of the magnificent Saratoga Woolstore, this exceptional residence is a resplendent display of iconic Brisbane history. A fusion of modern design and heritage details, this property includes a gourmet kitchen and modern bathrooms alongside hardwood timber flooring, exposed beams and original trusses. Neighbouring the beautiful Brisbane River, this apartment comprises open plan living, three bedrooms, three bathrooms and double car accommodation.

Residents of Saratoga enjoy exclusive access to outstanding onsite facilities including a 25-meter lap pool, fully equipped gymnasium and leafy barbeque area. This premium, inner-city suburb is just moments from both the Gasworks and James Street entertainment precincts and is surrounded by charming cafs and riverside restaurants. An easy commute awaits city-dwellers, with Brisbane CBD just 3 kilometers away, directly accessible via bus or ferry.

Property Features Include:

- An authentic Woolstore apartment offering 184m2 across two levels
- Light-filled and character-rich open plan living plus a private courtyard
- Sleek chefs' kitchen with an expansive island, stone and steel countertops, gas cooking and an abundance of ceiling-height cabinetry
- The upper level offers two built-in bedrooms, each with a private en suite
- The lower level offers one built-in bedroom, the perfect home office or guest suite
- Spacious guest bathroom with soaking tub
- Internal laundry plus linen storage
- Hardwood flooring and soaring high ceilings
- Split system air conditioning throughout
- Two car spaces in secure carpark
- Facilities include a 25-meter lap pool, gymnasium, sauna and barbeque area
- Intercom access, security cameras and onsite managers
- Within walking distance of cafs, bars, restaurants and lifestyle amenities
- Moments from the Gasworks and James Street entertainment precincts
- Less than 3kms from Brisbane CBD and Fortitude Valley
- Easy access to public transport including bus and ferry terminals

The opportunity to secure a residence of such caliber must not be missed. To enquire about this property or to arrange an inspection, contact Richard Barlow on 0434 420 856.

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Property History for 324/50 Macquarie St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,500,000
02 Mar 2024
Listed for Rent
$780/w
05 Aug 2020
  • 02 Mar 2024
    Sold for $1,500,000
  • 20 Jan 2021
    Listed for Sale For Sale
  • 24 Jun 2020
    Listed for Rent $780 / 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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