SOLD
Sold on 31 Jan 2024 for $780,000

509/109 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 77m2
Save

Property Details for 509/109 Commercial Rd, Teneriffe

509/109 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 77m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
70m2
Land Size
77m2
Local Government
Brisbane
Lot/Plan
509/SP283277

Last Listing description (May 2024)

Nestled in the vibrant heart of Teneriffe residence 509 is a contemporary urban sanctuary. Step into a light-filled haven boasting an open-plan design seamlessly merging kitchen, living, and dining areas. Embracing modern living, this unit features ducted air-conditioning throughout and floorboards to the living spaces.

The sleek kitchen boasts a gas cooktop, dishwasher and ample storage. The main bedroom is complete with generous built-in-robes, air-conditioning, and an ensuite, while a second bedroom offers built-in-robes and easy access to the main bathroom. Working from home is a breeze with a large built-in study, while the covered balcony, directly accessible from the primary bedroom, provides a tranquil outdoor escape. Contemporary bathrooms, NBN readiness, and pet-friendly options (subject to owner and body corporate approval) further enhance the allure of this urban oasis. Parking is a breeze with a single secure undercover car space.

Beyond the unit, 'Fabric' has an impressive array of amenities, including a rooftop retreat boasting a pool, BBQ facilities, and captivating city views. Enjoy the convenience of lift access, intercom, and secure swipe entry, ensuring both comfort and safety.

Positioned just 2km from the CBD, with the Teneriffe CityCat terminal a mere 250 meters away, commuting is effortless. Experience the Teneriffe lifestyle with Woolworth Metro at your doorstep and iconic landmarks such as Riverwalk, Gasworks, James St, and the Calile Hotel within easy walking distance. Immerse yourself in a bustling array of coffee shops, restaurants, and specialty boutiques, all conveniently located in your vibrant neighborhood. Discover the epitome of modern urban living at this prestigious address, where every amenity is at your fingertips and every comfort is meticulously curated.

Apartment Features:
- Light filled open plan kitchen, living and dining
- Ducted air-conditioning throughout
- Modern kitchen complete with; gas cooktop, dishwasher and ample storage
- Main bedroom with large built-in-robes, air-conditioning and ensuite
- Large built-in study - perfect for working from home
- Second bedroom with built-in-robes, air-conditioning and easy access to main bathroom
- Contemporary bathrooms both with walk-in showers and behind mirror storage
- Covered balcony with direct access to primary bedroom
- Internal laundry
- NBN ready
- Pet Friendly! (owner and body corporate approval)
- Single secure undercover car space

Building Features:
- Rooftop retreat with pool, BBQ facilities, entertaining spaces and stunning city views
- Lift access
- Intercom
- Secure swipe access

Location and Transport:
- Located just 2km from the CBD
- 250 meters to Teneriffe CityCat terminal with City Glider bus stop
- Woolworth Metro at the base of the building
- Live the Teneriffe lifestyle with a short stroll to some of the best Brisbane has to offer; Riverwalk, Gasworks, James St and Calile Hotel are all within easy walking distance
- An array of coffee shops, restaurants and specialty shops right on your doorstep

Please contact our leasing manager Blair on 0468 791 950 or blair@gtpartners.com.au to book an inspection of this property. Please ensure you register for any inspection you are wanting to attend so that should we need to cancel the inspection for any reason, we are able to notify you of this change.

* Every care and due diligence has been taken in the preparation of this listing. The agency and owner assume no responsibility for the accuracy of the content, and encourage all prospective tenants to conduct their own research.

Property History for 509/109 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$780,000
31 Jan 2024
Listed for Rent
$630/w
25 May 2020
  • 08 Mar 2024
    Listed for Rent $750 / week
  • 31 Jan 2024
    Sold for $780,000
  • 16 Nov 2023
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

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

Market Insights
Teneriffe Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Teneriffe Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.