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Sold on 26 Jun 2024 for $1,400,000

344/50 Macquarie Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
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Property Details for 344/50 Macquarie St, Teneriffe

344/50 Macquarie St, Teneriffe is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
117m2

Last Listing description (June 2024)

Dimitri Cassidy from Ray White New Farm presents apartment 344 in the historic 'SARATOGA' Woolstore. The Teneriffe Woolstores hold an iconic status, yet few have the opportunity to experience living within their walls. Today, however, you have the chance to seize this fleeting opportunity! This property boasts an array of remarkable features, making it difficult to know where to begin. As a top-floor loft-style apartment, it offers the coveted ambience reminiscent of New York lofts, complete with soaring ceilings and the characteristic Woolstore beams. Upon entry, your attention will be captivated by the exquisite original hardwood floors in the living and dining area. Ascend a few steps to the elevated lounge area and revel in the breathtaking river views.

The residence comprises two generously sized bedrooms strategically positioned for optimal privacy. The master suite occupies the entire top floor and features a walk-in wardrobe that seamlessly connects to the stylishly renovated ensuite. Meanwhile, the second bedroom, located downstairs, includes a built-in robe. The galley-style kitchen is equipped with a sizable kitchen island boasting a stone benchtop, European appliances, and a gas stove.

PROPERTY FEATURES:

• Vacant! Awaiting for your to call home!
• Air-conditioning throughout
• Master suite on the top floor with walk-in robe, ceiling fan and ensuite
• Renovated main bathroom with concealed integrated laundry
• Stylish and functional kitchen with European appliances, ample storage, and gas cooktop
• Elevated lounge room with captivating river views and abundant natural light

BUILDING HIGHLIGHTS:

• A 25-meter lap pool
• Gymnasium
• Sauna
• BBQ Area
• Intercom access, security cameras and onsite managers

SUBURB HIGHLIGHTS:

Effortless access to public transportation, including CityGlider Bus and Ferries, an
abundance of cafes, restaurants, bars, and specialty shops.
Walking distance to CBD, Gasworks Precinct, James Street, and Fortitude Valley
Proximity to Riverwalk, New Farm Park, and Howard Smith Wharves
Convenient access to ICB, Kingsford Smith Drive, M7, and Airport Link.

• 2km to CBD
• 10km to Brisbane Airport
• 2km to Bowen Hills Train Station

School Catchment:

• New Farm State School
• Holy Spirit Primary School New Farm
• Fortitude Valley State Secondary catchment zone

If you would like further details about this stunning property, please contact Dimitri Cassidy on 0419 790 458.

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Property History for 344/50 Macquarie St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,400,000
26 Jun 2024
  • 12 Jun 2024
    Sold for $1,400,000
  • 23 Apr 2024
    Listed for Sale Under Contract
  • 26 Oct 2020
    Sold for $770,000
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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 3,793 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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Dimitri Cassidy
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Sharna Bell
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Ray White New Farm
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