SOLD
Sold on 31 Oct 2023 for $775,000

505/53 Wyandra Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 105m2
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Property Details for 505/53 Wyandra St, Teneriffe

505/53 Wyandra St, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 105m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
92m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
505/SP249857

Last Listing description (January 2024)

Nestled within the prestigious Como Apartments, Unit 505 stands as a shining example of immaculate presentation, exuding the allure of a brand-new residence. It's a must-add to your property shortlist.

Crafted by the renowned Cavale, this residence promises a lifestyle of both opulence and security. The building boasts robust security features, including key-swipe entry, secure parking complete with a storage unit, dedicated on-site management, and the convenience of two rapid elevators. But the luxury doesn't stop there - residents also enjoy access to a splendid swimming pool, a sun-kissed tanning deck, a fragrant herb garden, and a fully updated gymnasium.

Perched on the fifth floor, this east-facing gem spans an expansive 115 square meters. As you step inside, you're greeted by a generously proportioned living and dining area, spacious enough to comfortably accommodate an eight-seater dining table and a king-sized sofa. Freshly adorned with plush new carpeting, this area sets the tone for elegant living. Two exceptionally spacious bedrooms beckon, each boasting ample room for a kingsize master bed and two bedside tables, while their built-in wardrobes enhance both convenience and style.

With both bathrooms designed as ensuites, this residence becomes an enticing prospect for both astute property investors and those seeking a luxurious living experience. Modern conveniences abound, including air conditioning, a sleek stone island kitchen bench with abundant storage, gas cooking facilities, and a brand-new Miele dishwasher. A practical study nook adds a functional touch, while a generously proportioned balcony beckons, offering a delightful space for relaxation and outdoor enjoyment.

Cavale, true to their reputation, has once again underscored their commitment to crafting residences of unparalleled quality and sophistication.

Property Info:
- Vacant possession
- Very healthy sinking fund $850,000 approx
- Body corp $1387 approx per quarter
- Rates $ 386 approx per quarter
- Rental appraisal $ 750 to $800 pw approx
- Super-fast NBN Internet.

COMO is the vibrant hub of Teneriffe and so accessible to the best lifestyle options Brisbane has to offer, an easy stroll to bus and ferry, Newstead boardwalk, James Street markets and only 1 km to New Farm Park and Brisbane CBD. You can easily walk to all your amenities.

Property History for 505/53 Wyandra St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$775,000
31 Oct 2023
Listed for Rent
$560/w
18 Feb 2022
  • 31 Oct 2023
    Sold for $775,000
  • 29 Jul 2023
    Listed for Sale $785,000
  • 28 Feb 2023
    Sold for $700,000
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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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Robert Lamprecht
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Sherie Jafari
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NEWSTEAD REALTY
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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.