OFF MARKET

508/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 62m2
Land area: 71m2
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Property Details for 508/113 Commercial Rd, Teneriffe

508/113 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 71m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2014
Floor Size
62m2
Land Size
71m2
Local Government
Brisbane
Lot/Plan
508/SP248904

Last Listing description (July 2021)

A brilliant rendition of inner-city living, this impeccable residence delivers the convenient and low maintenance lifestyle so desired by professionals, downsizers and investors. Oriented to maximize abundant natural light, this modern apartment offers open plan living and an entertainer's balcony, two bedrooms, two bathrooms and single car accommodation. Onsite amenities include a spectacular rooftop terrace with barbeque facilities and panoramic views across the city skyline and beautiful Brisbane River.

Residents of Doubleone3 are spoiled for choice, with a host of cafes, bars and boutique retailers at their doorstep. Renowned for its vibrant and lifestyle-oriented culture, this highly sought location is within easy walking distance of the popular Gasworks precinct and is moments from the amenities of James Street, Fortitude Valley and New Farm. For commuters, Brisbane CBD is just 3-kilometers away, directly accessible via regular bus and ferry services.

This property offers:

- Generous 5th floor apartment within the premium Doubleone 3 development
- Private entertainers' balcony with sweeping city vistas
- Inviting open plan living, oriented to maximize natural light
- Gourmet kitchen with stone countertops and an undermount sink, ceiling-height cabinetry, electric cooktop, under bench oven and dishwasher
- Light-filled master suite with walk-in-robe and private ensuite
- Spacious guest bedroom with built-in robes
- Modern guest bathroom with ceiling-height tiling
- European laundry plus additional storage
- Ducted heating and cooling throughout
- Plush carpeted floor coverings
- Access to NBN
- Single car space in basement carpark
- Secure building with fob access and onsite management
- Exclusive onsite facilities include a spectacular rooftop terrace with barbeque facilities and panoramic views
- Within walking distance of cafes, bars, restaurants and lifestyle amenities
- Moments from the Gasworks and James Street entertainment precincts
- Less than 3kms from Brisbane CBD and Fortitude Valley
- Easy access to public transport including bus and ferry terminals

To enquire about this property or arrange an inspection, please contact Richard Barlow on 0434 420 856.

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Property History for 508/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$540,000
18 Jun 2021
Listed for Rent
$480/w
30 Nov 2015
  • 18 Jun 2021
    Sold for $540,000
  • 24 May 2021
    Listed for Sale Under Contract
  • 06 Nov 2015
    Listed for Rent $480 / week
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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 3,772 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.

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