OFF MARKET

416/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 150m2
Land area: 60m2
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Property Details for 416/113 Commercial Rd, Teneriffe

416/113 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 60m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2014
Floor Size
150m2
Land Size
60m2
Local Government
Brisbane
Lot/Plan
416/SP248904

Last Listing description (August 2023)

Promising ultra-convenience within a stroll of countless lifestyle attractions, this near new apartment provides a readymade haven designed for contemporary comfort and ease of living.

Contemporary 60m2 open plan design
Awash in natural light with floor to ceiling glass

High ceilings throughout
Designer kitchen with high quality appliances & stone benchtops
Master bedroom appointed with walk in wardrobe
Large tiled balcony with leafy suburban views of Teneriffe hill
Multiple storage options
Ducted air conditioning, security intercom & internal laundry
Secure basement car space, 23 visitor car spaces & two bike storage rooms
Lift access throughout the complex
Rooftop terrace with BBQ facilities and sweeping city views
Retail spaces below include Woolworth Metro, Bakery and Cafe
Located in the New Farm State School & Kelvin Grove State College catchments

Set 2.5kms from Brisbane CBD and located adjacent to the Brisbane River, you are perfectly positioned in the heart of this connected, bustling suburb. Experience the diverse range of what Teneriffe, Newstead and New Farm have to offer - take advantage of the City Cat on the weekend, sprawling stretches of cafes and water-front restaurants or spend the morning strolling along the local riverside bikeways.

Property History for 416/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$485,000
10 Jul 2023
  • 10 Jul 2023
    Sold for $485,000
  • 16 Jun 2023
    Listed for Sale Auction In Rooms
  • 10 Dec 2012
    Sold for $455,000

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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 3,810 properties. Over the last 5 years, Houses in Teneriffe have seen a 16.49% increase in median value, while Units have seen a 63.81% increase. As at 31 August 2024:

  • The median value for Houses in Teneriffe is $1,942,745 while the median value for Units is $981,120.
  • Houses have a median rent of $840 while Units have a median rent of $750.
There are currently 30 properties listed for sale, and 25 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 238 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.