OFF MARKET

47/139 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 41m2
Land area: 54m2
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Property Details for 47/139 Commercial Rd, Teneriffe

47/139 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 54m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1998
Floor Size
41m2
Land Size
54m2
Local Government
Brisbane
Lot/Plan
47/SP101390

Last Listing description (November 2022)

Dimitri Cassidy & James Taylor from Ray White New Farm Present Apartment 47 in The Cannery Apartment. This apartment provides investors with great rental return at the same time as offering a huge potential for capital growth. Boasting low body corporate fees, well managed facilities and an onsite manager. This slice of Teneriffe paradise is an investor's delight.

This is a truly rare opportunity. Not often can an inner city apartment claim to be quiet, but this one bedroom chic apartment, boasts not only the peace and quiet you want to come home to, but the comforts and features only Brisbane city living can offer.

As you enter through your front door, you are greeted by a light filled living room with bench tops and open plan living. You'll find that there is plenty of storage space throughout, and love the huge in-built wardrobe. Indulge in the serenity of cross breezes from the large bedroom with a sliding door through to the balcony.

You are conveniently just moments away from everything you could ever ask for. Gasworks, the river boardwalk, CityCat and bus terminals and an array of some of the best restaurants, cafes & bars are all a hop, skip and a jump away.

Complex facilities: Lap pool, plunge pool, sun deck, BBQ area & gym - $500K of facilities and building upgrades have occurred and will be ready to use for summer!

For further details about this pre market opportunity please give Dimitri Cassidy a call on 0419 790 458.

Property History for 47/139 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$382,500
10 Sep 2022
  • 10 Sep 2022
    Sold for $382,500
  • 23 Aug 2022
    Listed for Sale FOR SALE
  • 23 Feb 2016
    Sold for $320,000
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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 3,771 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 22 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.