OFF MARKET

50/139 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 91m2
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Property Details for 50/139 Commercial Rd, Teneriffe

50/139 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 91m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2011.

Building Type
House
Year Built
1998
Floor Size
53m2
Land Size
91m2
Local Government
Brisbane
Lot/Plan
50/SP101390

Last Listing description (June 2011)

New Listing! Spacious, Affordable & Appealing in Teneriffe!
Situated in A block ''The Cannery'' in what can only be described as one of the most sought after and renowned Woolstore buildings in Teneriffe awaits a rare 75m2 one bedroom opportunity for owner occupiers and astute investors.
Entering the complex through the intercom security gates you will be captivated by the magnificent open air garden atrium leading to the pool and your door. Privately positioned on the first floor you will be immediately impressed by the cute entry and fresh funky flair this home presents.

Wide in design this unique end apartment has only one common wall and polished timber floorboards, soaring ceilings and loads of light throughout create the classic blank canvas for the lucky owner.
The air conditioned living areas face north and flow out to a generous 22m2 wrap around balcony, the perfect place to entertain friends as the city lights sparkle in the backdrop.
Modern and contemporary the galley kitchen features stainless steel benches, gas cooking and dishwasher and the clever open plan configuration allows you to design your perfect dining environment.
Comprising a generous king size bedroom with large built in wardrobes and a separate bathroom and laundry off the hall this extra large corner design is one of the best configurations in the building.
With a repaint of the entire facade gazetted to be completed this year (appropriate funds already in sinking) and the continued development of the surrounding Riverpark and Gas Works sites plus the addition of a City Cat Terminal at Commercial Road, there has never been such an opportune time to own a piece of history in this dynamic riverside precinct.
This meticulously maintained complex offers a stunning pool area, gym, onsite management and apartment 50 features secure undercover car parking.
The owners instructions are to sell now so act fast. This is a highly motivated sale with genuine reason.
To arrange an inspection please contact Exclusive Marketing Agent Lorna Bailey 0410 609 789.
Sustainability report available at Raine and Horne New Farm.

Property History for 50/139 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$360,000
26 May 2011
  • 26 May 2011
    Sold for $360,000
  • 04 Mar 2011
    Listed for Sale SUBMIT ALL OFFERS
  • 19 Nov 2009
    Sold for $365,000
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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, 237 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.