SOLD
RECENT ADVICE
Sold on 26 Sep 2024 for $1,175,000

343/50 Macquarie Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
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Property Details for 343/50 Macquarie St, Teneriffe

343/50 Macquarie St, Teneriffe is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
113m2
Local Government
Brisbane
Lot/Plan
343/SP147390

Last Listing description (September 2024)

Spanning two levels across the top floor of the Saratoga Woolstore, Unit 343 has an undeniably groovy feel, adding a fun touch to the existing heritage features. Currently painted a vibrant shade or orange, the paint on the original facade can be stripped back to reveal the original brick walls.

Nestled beneath the 8 metre high sawtooth rooftop, a mezzanine offers a private retreat, overlooking the living and dining space, with the option to be enclosed for more separation. Ample natural light streams in through the original sash window and skylights overhead, creating a luminous, welcoming home.

Property features include:

• 2 Bedrooms
• 2 Bathrooms
• 1 Car space
• 113 SQM
• Top-floor apartment
• Split-level layout
• 8 metre high ceilings
• River views
• Elevated, tiled living area
• Hardwood floors
• Carpeted main bedroom
• Stainless steel kitchen benchtop
• Gas cooktop
• Timber & concrete floating staircase
• Main bathroom with bathtub
• Original kitchen & bathrooms
• Main bedroom on mezzanine level, with possibility to enclose for privacy
• Additional linen storage
• Air-conditioned throughout

Typical for this type of property, the living area, with captivating views across the rooftops of Teneriffe and glimpses of the river is slightly elevated. Here separated in two levels, adding dimension to the space, a combination of grey mosaic and regular tiles is a unique, low-maintenance touch, complementing the industrial accents of the home.

Nestled underneath the mezzanine, the original kitchen features stainless steel benchtops, a gas cooktop and ample preparation and storage space, with the possibility of being redesigned to suit your taste.

At the rear of the apartment, the air-conditioned second bedroom with a built-in closet enjoys an impressive ceiling height, illuminated by the skylight above. The adjacent original bathroom features a shower over bath and also houses the laundry.

The upper level is occupied by the main bedroom, with its walk-through robe and private ensuite - an enviable space to retreat and recuperate.

Across the road from the riverwalk and seconds from wildly popular cafes, enjoy slow mornings strolling along the water to New Farm Park or Newstead, or hop on nearby public transport options for easy commuting. Just three kilometres from the Brisbane CBD, within walking distance from lifestyle destinations such as Howard Smith Wharves and James Street precinct and a short drive from the Brisbane Airport, Teneriffe's inner-city location is one of a kind!

For more information about this property, please contact Ben Percival on 0406 606 778.

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

Lifestyle
• Multitude of cafés, restaurants, bars and specialty shops
• Walking distance to Brisbane CBD, Gasworks Plaza Precinct, James Street Precinct and Fortitude Valley
• Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
• Easy access to public transport network
• Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link Tunnel

Transportation
• 4 km (15 min drive) to Brisbane CBD
• 15km (20 min drive) to Brisbane Airport
• 2 km (5 min drive) to Bowen Hills Train Station
• Teneriffe CityGilder (bus) and CityCat (ferry) terminal & BCC Bus stop

Education
• 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 343/50 Macquarie St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,175,000
26 Sep 2024
Listed for Rent
$670/w
01 Apr 2022
  • 26 Sep 2024
    Sold for $1,175,000
  • 11 Jun 2024
    Listed for Sale Under Contract
  • 15 Mar 2022
    Listed for Rent $670 / 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 3,771 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.
There are currently 27 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Contact agent
Simon Petrie
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Ben Percival
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Ray White New Farm
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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.