SOLD
Sold on 11 Nov 2023 for $475,000

5/139 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 79m2
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Property Details for 5/139 Commercial Rd, Teneriffe

5/139 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 79m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
53m2
Land Size
79m2
Local Government
Brisbane
Lot/Plan
5/SP101390

Last Listing description (July 2024)

Located in the dynamic hub of Teneriffe, this beautifully presented renovated one-bedroom apartment has a prime position in the Cannery complex. Enjoy cooking in the stainless steel galley kitchen with under-bench oven, electric cook-top, dishwasher and beautiful timber flooring. Relax outside in your enclosed courtyard off the bedroom or head through the lounge and onto your private balcony overlooking Vernon Tce.

A popular complex with a 0% vacancy rates this apartment will suit investors and owner-occupiers alike. Capitalise on the exceptional quality of life this complex has to offer with fantastic on-site a heated saltwater lap and plunge pool, gym, and BBQ facilities. Fob only access, nightly security patrols, CCTV and intercom makes this a very safe and secure place to live.
This low maintenance lifestyle living at its very best and won?t last long on the market!

THE LOCATION!!
This outstanding location is in one of the most sought-after suburbs. Enjoy the peace and quiet of Teneriffe but with all the right restaurants, cafes and boutique stores at your doorstep making Teneriffe the place to be. A few steps out and you have the amazing riverside walkway detailing the history of the area, but you just need to look up and you can see it with the heritage industrial buildings all around on the tree lined streets. You are surrounded by history converted into ultra-chic living spaces.
With James st, New Farm Park and the Gasworks in walking distance, the ferry terminal is at the end of Commercial Rd, just a ferry ride over the river and you are in Bulimba. There is a lot to do in the area, hop on a bus, catch the train from Fortitude Valley or Bowen Hills and you can go anywhere. The CBD is merely 4km and a short drive to the airport proving you are in the right place, whatever your needs, whatever your lifestyle.
Currently tenanted for $490p/w with the tenant keen to stay long-term if the property is snapped up by an investor. Instant income stream.

PROPERTY FEATURES:
? 1 bedroom
? 1 bathroom
? Dishwasher
? Dryer
? Air conditioning
? 1 Car space
? 2 Outdoor areas

COMPLEX FEATURES:
? Heated, saltwater 25m lap and plunge pool
? Gym
? Landscaped BBQ facilities
? Security with Fob only access, CCTV and patrols
? Secure carpark

SUBURB FEATURES:
? Direct access to public transport, CityGlider bus, trains and ferries
? Many cafes, restaurants, bars and boutique stores
? Walking distance to iconic Brisbane suburbs, Brisbane CBD, Fortitude Valley and New Farm
? Walking distance to iconic places, Gasworks precinct, James St and Howard Smith Wharves
? Easy access to ICB and Kingsford Smith Drive, M7 and Airport Link
? 4km to CBD
? 2km to Bowen Hills and Fortitude Valley train station
? New Farm State School catchment zone
? Holy Spirit Primary School New Farm

Pets approved by Body Corporate

Unlike others, the Cannery complex was not affected by the 2011 or 2022 flood events * Body Corporate Fees (admin and sinking) - Approx $1,072 per quarter * Brisbane City Council Fees - Approx $480.95 per quarter Move in now as an owner occupier or secure yourself a very solid investment.(Listing ID: 21121947 )

Property History for 5/139 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$475,000
11 Nov 2023
  • 11 Nov 2023
    Sold for $475,000
  • 16 Oct 2023
    Listed for Sale FOR SALE
  • 06 Nov 2001
    Sold for $155,000
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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 3,813 properties.

    There are currently 38 properties listed for sale, and 33 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 237 properties were sold in the past 12 months in Teneriffe.

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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.