403/113 Commercial RoadTeneriffe QLD 4005
Property Details for 403/113 Commercial Rd, Teneriffe
403/113 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 51m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
Perched on level 4 of the superbly located 'DoubleOne 3' building in blue-chip Teneriffe, sits this well designed, practical and very convenient property. Facing south east towards the river, it is quiet, comfortable and private. Built in 2014, it is still in excellent condition and already has a secure tenant in place at $400 per week, it would make a great addition to your investment portfolio.
Convenience is King with this property! Everything is in walking distance. TheTeneriffe Riverwalk and Ferry is only 50m away, Woolworth's Metro, Danny's Bread, Caffeine Espresso are directly below and Newstead Gasworks is around the corner, the convenience is unbeatable! It is stylish, modern, and ideally located to take advantage of the best amenities that Teneriffe, Newstead and New Farm has to offer.
Please email or call Anthony on 0430 028 254 to book an inspection.
Additional Features:
- Great tenant in place at $400 per week until Nov 2023
- Stylish lobby, with good on-site management
- Rooftop Terrace with BBQ and stunning City views
- Secure basement car park with over 20 visitor car parks
- Totally lift accessible with intercom access
- Pet-friendly complex
- Compact dishwasher and clothes dryer
- Body Corporate fees only $3,946 per year
- Sinking Fund Balance $405,145
Property History for 403/113 Commercial Rd, Teneriffe, QLD 4005
- 21 Apr 2023Sold for $385,000
- 03 Apr 2023Listed for Sale Under Contract
- 10 May 2019Listed for Sale $350,000 PLUS
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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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