OFF MARKET

52/139 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 74m2
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Property Details for 52/139 Commercial Rd, Teneriffe

52/139 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 74m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1998
Land Size
74m2
Local Government
Brisbane
Lot/Plan
52/SP110605

Last Listing description (September 2023)

The Cannery Apartments, brought to you by Dimitri Cassidy and Emily Lane from Ray White New Farm. This exceptional apartment offers an attractive rental return and tremendous potential for capital growth, making it an ideal choice for investors. With its low body corporate fees, well-maintained amenities, and dedicated onsite manager, this slice of Teneriffe paradise is a true delight for savvy investors. The Cannery Apartments stand out in the Teneriffe area with their unique and innovative architectural design, making a statement of their own. This thoughtfully designed 1-bedroom apartment strikes the perfect balance between functionality and quality.

Prepare to seize a truly rare opportunity. It's not often that an inner-city apartment can boast both tranquility and the enticing features of Brisbane city living. This chic one-bedroom apartment offers the peace and quiet you desire when you return home, along with the comforts and conveniences associated with urban living.

Upon entering through the front door, you'll be greeted by a light-filled living room, spacious kitchen countertops, and an open-plan layout. Abundant storage spaces are conveniently scattered throughout. Adjacent to the living room, a generously sized private balcony overlooks the inviting pool, allowing you to indulge in the soothing cross breezes that flow from the balcony to the living area.

Residents of "The Cannery" enjoy complimentary access to a range of exceptional facilities. These include a heated 25-meter lap pool, a refreshing plunge pool, a sun deck, beautifully landscaped sub-tropical gardens, BBQ areas, a well-equipped gymnasium, and secure underground parking. With security swipe entry and reliable onsite management, you can enjoy peace of mind and receive assistance whenever needed.

Convenience is at your fingertips, as everything you could ever desire is just moments away. Gasworks, the river boardwalk, CityCat and bus terminals, and an array of top-notch restaurants, cafes, and bars are all within easy reach. Additionally, the lap pool, plunge pool, sun deck, BBQ area, and gym have recently been refurbished to further enhance your experience.

To arrange a personal inspection of this remarkable property, please get in touch with Dimitri Cassidy at 0419 790 458.

*All images used are for illustrative purposes only. These and the dimensions given are illustrative for this property type and the individual property may differ, in particular, finishes of the property purchased may differ from those shown.

Property History for 52/139 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$441,000
03 Aug 2023
  • 10 Aug 2023
    Listed for Sale Sold By Dimitri Cassidy
  • 03 Aug 2023
    Sold for $441,000
  • 22 Oct 1999
    Sold for $139,000

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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 21 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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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.