OFF MARKET

404/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 85m2
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Property Details for 404/113 Commercial Rd, Teneriffe

404/113 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 85m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2014
Floor Size
77m2
Land Size
85m2
Local Government
Brisbane
Lot/Plan
404/SP248904

Last Listing description (July 2023)

*Viewings by Private Inspection, call Anthony to book 0430 028 254*

Located on four of the renowned DoubleOne3 complex, apartment 404 is stylish, comfortable, well-designed and in excellent condition. The layout is practical and thoughtful, it has all the features, luxuries and conveniences that you need to live very comfortably without compromising.

It is ideally located for you to enjoy the best amenities that Teneriffe, Newstead and New Farm has to offer. Everything is either on your doorstep or a short walk away. 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!

Call Anthony on 0430 028 254 to book a private inspection.

Additional Features:
- Expansive kitchen with stone-benchtops
- Designated secure basement car space, with over 20 visitor car parks
- Totally lift accessible with intercom access
- Rooftop Terrace with BBQ and stunning City views
- Pet-friendly complex, with two secure bike storage rooms
- Ducted air-conditioning throughout
- Modern drawer dishwasher and clothes dryer
- Stylish lobby, with good on-site management
- Rental Appraisal $650 - $700 per week
- Sinking fund balance $593,368 as January 2023
- Body Corporate fees approximately $4,501 annually
- Council Rates $450 per quarter

Property History for 404/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$663,000
01 Jun 2023
Listed for Rent
$500/w
13 Dec 2016
  • 01 Jun 2023
    Sold for $663,000
  • 07 Mar 2023
    Listed for Sale Under Contract
  • 19 Sep 2016
    Listed for Rent $500 / 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 21 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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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.