SOLD
Sold on 01 May 2024 for $700,000

56/68 Beeston Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 116m2
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Property Details for 56/68 Beeston St, Teneriffe

56/68 Beeston St, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 116m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
90m2
Land Size
116m2
Local Government
Brisbane
Lot/Plan
56/SP133258

Last Listing description (June 2021)

Situated in the heart of Teneriffe, "Signature Park" offers you a quiet tropical oasis amongst the liveliness of the Inner-City. Only a short stroll away from Teneriffe Park, the Brisbane river & countless amazing restaurants & cafes, there is nowhere else you would want to be. Whether you're on the hunt for a new home or looking for the perfect investment property, Unit 56 ticks all the boxes.

This spacious and light-filled property offers you a large open plan living/dining area, with new carpets, that flows out onto your balcony. A renovated kitchen that gives you room to move, with lots of bench space, a gas cooktop and ample storage.

Property Features Include:

- Main bedroom with direct access to the balcony, large built-in robe, and ensuite.
- Spacious second bed with built-in robes
- Renovated main bathroom with integrated laundry
- Well-appointed kitchen with ample storage, gas stove & breakfast bar
- Spacious balcony
- Great onsite managers
- Lap pool and BBQ area in complex with ample visitor parking
- Proximity to an abundance of restaurants, cafes and bars
- A vibrant "walk to" neighbouthood that includes the Teneriffe Riverwalk, the iconic New Farm Park, with bustling The New Farm Market each Saturday and the Powerhouse Cultural precinct.
- There's even a river front cafe at the end of the road and a 10 minute bus service to the CBD, The Cultural Centre and West End.

This property has been tightly held by the current owners for a memorable 15 years, and now it's finally time for unit 56 to be passed on.

Please feel free to contact Richard Barlow on 0434 420 856 at any time if you would like more information or want to book an inspection.

Property History for 56/68 Beeston St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$700,000
01 May 2024
  • 01 May 2024
    Sold for $700,000
  • 21 Mar 2021
    Listed for Sale Under Contract
  • 16 Mar 2021
    Sold for $630,000
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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 57.40% increase in median value, while Units have seen a 63.89% increase. As at 31 July 2024:

  • The median value for Houses in Teneriffe is $2,575,555 while the median value for Units is $968,564.
  • Houses have a median rent of $915 while Units have a median rent of $750.
There are currently 28 properties listed for sale, and 29 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 241 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.