SOLD
Sold on 25 Sep 2024 for $580,000

516/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 60m2
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Property Details for 516/113 Commercial Rd, Teneriffe

516/113 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 60m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
51m2
Land Size
60m2
Local Government
Brisbane
Lot/Plan
516/SP248904

Last Listing description (October 2023)

Nestled on the fifth floor of the prestigious 'DoubleOne 3' complex, this impeccably maintained apartment offers more than just a fantastic location. With a tranquil south-east facing balcony that captures the gentle river breeze, it's a breath of fresh air in the heart of Teneriffe.

One of the apartment's defining features is its generous storage capacity, a well-thought-out design, and an inviting east-facing aspect. The interior boasts contemporary finishes with a light and airy colour palette, creating a modern and enduring aesthetic. Storage solutions abound, including a spacious walk-in robe in the bedroom, floor-to-ceiling cupboards in the living room, a well-appointed kitchen with plenty of shelves and cupboards, and cleverly concealed shelf space behind the bathroom mirrors. The balcony, perfectly positioned to welcome the refreshing river breeze, ensures a peaceful and sunlit retreat.

Additional Features:

Serene south-east orientation
Abundant natural light and refreshing river breeze
Thoughtful storage solutions throughout
Ducted air-conditioning for year-round comfort
Modern dishwasher and dryer included
Elegant lobby with efficient on-site management
Rooftop Terrace with BBQ facilities and stunning city views
Secure basement parking with ample visitor spaces
Full lift accessibility and intercom security
Two dedicated bike storage rooms on the ground level

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective renters should make their own enquiries to verify the information contained in this advertisement.

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Property History for 516/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$580,000
25 Sep 2024
Listed for Rent
$600/w
19 Oct 2023
  • 25 Sep 2024
    Sold for $580,000
  • 09 Oct 2023
    Listed for Rent $600 / week
  • 19 Sep 2023
    Sold for $515,000
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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 3,800 properties. Over the last 5 years, Houses in Teneriffe have seen a -10.36% decrease in median value, while Units have seen a 66.55% increase. As at 28 February 2025:

  • The median value for Houses in Teneriffe is $1,640,125 while the median value for Units is $1,018,391.
  • Houses have a median rent of $788 while Units have a median rent of $758.
There are currently 24 properties listed for sale, and 19 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Teneriffe.

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