SOLD
Sold on 02 Feb 2024 for $2,300,000

37 Kingsholme Street
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 133m2
Land area: 395m2
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Property Details for 37 Kingsholme St, Teneriffe

37 Kingsholme St, Teneriffe is a 3 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 395m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Teneriffe in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
133m2
Land Size
395m2
Local Government
Brisbane
Lot/Plan
1/RP9163

Last Listing description (November 2023)

Positioned in a coveted elevated position in the prestigious suburb of Teneriffe, this character-filled home has so much potential.

It's becoming increasingly difficult to find homes of this calibre ripe for development on Kingsholme Street and Teneriffe. This beautiful home boasts a sought-after northeast aspect with expansive views over Teneriffe through to Hawthorne Hill.

Inside the home, beautiful breezes and character features abound with polished timber floors, high decorative ceilings, abundant timber casement windows and embellished French doors. The home is in perfect condition with two living areas, front and highly usable rear yards, and a multi-purpose front room currently utilised as a study off the master bedroom.

On the upper floor is the stunning modern kitchen with an electric wall oven, a 5-burner gas cooktop and a centre island/breakfast bar. The bedrooms are substantial, with two boasting bay windows. There is an original bathroom and a separate toilet.

Even without the apparent potential for this property to be converted into an extraordinary residence, you cannot look past the value of owning this premium allotment in one of Brisbane's premiere inner city suburbs. A smart land banker will see the value in this investment opportunity, particularly with rents in Teneriffe rising to all-time highs and the average block size becoming smaller yearly.

This wonderful home will also appeal to those wanting to enter the prestigious Teneriffe market with plans to build their family home.

Teneriffe is one of Brisbane's best areas for inner city living, with numerous bars and restaurants on your doorstep. It is only a 12-minute stroll to the James Street precinct, including the Calile Hotel, which was recently voted number twelve among the world's best hotels.

It is a 7-minute walk to the Brisbane Riverwalk, while New Farm Park and Merthyr Village are also an easy 15-minute walk. The property is 2.5 km to the Brisbane CBD and walking distance to the bustling Howard Smith Wharves riverside entertainment precinct. Within close proximity to New Farm State School and Holy Spirit Catholic Primary School, while prestigious secondary colleges Gregory Terrace and Brisbane Grammar and All Hallows' School are a short drive or bus ride away.

This is a rare opportunity not to be missed!

Property History for 37 Kingsholme St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,300,000
02 Feb 2024
Listed for Rent
$600/w
24 Feb 2015
  • 02 Feb 2024
    Sold for $2,300,000
  • 23 Oct 2023
    Listed for Sale Best Offer Over $2,500,000
  • 16 Feb 2015
    Listed for Rent $600 / 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 3,770 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 29 properties listed for sale, and 20 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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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.