OFF MARKET

6 Teneriffe Drive
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 407m2
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Property Details for 6 Teneriffe Dr, Teneriffe

6 Teneriffe Dr, Teneriffe is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 407m2. While the property is not currently for sale or for rent, it was last sold in March 1985.

Building Type
House
Year Built
1985
Land Size
407m2
Local Government
Brisbane
Lot/Plan
1/RP52242

Last Listing description (May 2009)

Golden Opportunity - Your chance to buy Real Estate on the tightly guarded 'Teneriffe Hill' :: Open Saturday May 9, 2009 from 11:30am - Noon
Highly desirable and rarely available this is an opportunity that cannot be overlooked.
Nestled discretely into prestigious 'Teneriffe Hill', number 6 Teneriffe Drive is your passport to the 'Good Life'.

Boasting 'art deco' charm and the decorative and ornate attributes famous to this era of architecture, the property presents many an option to the Investor, Entrepreneur, Developer or Proud Home Owner alike.
407 sqm of prime, highly valuable and sought after real estate beckons all interested parties - even if you did not think you were actively in the market. It is the astute Buyer that will see the fortune that lies in wait upon acquiring a property of such quality and opportunity.
Throw caution to the wind and snap up what may prove to be that decision you look back on in years to come as ‘the one that made me'….
Forgo the opportunity and it may prove to be that decision that you look back on in years to come as ‘the one that could have been'…
Currently in stunning condition with polished floor boards throughout, high, decorative ceilings and views to take your breath away, this property is currently being habited as 3 separate units… knock out a few walls and you have a perfectly liveable, huge home to pick up and move in to.
Should you consider yourself a keen E ntrepreneur/Developer/Investor or Business Person, however, your horizons are considerably broadened.
Consider:
** Live in one apartment and rent the other two for approximately $600 each/week
**Renovate the existing house in to a breathtaking 3 level home
**Obtain council approval to demolish the existing dwelling and build a brand new 3 level house
All those elements that add up to a fail safe property purchase are covered:
- Rare commodity: Yes
- Views, views, views: Yes
- Inner city location: Yes
- Prestigious street: Yes
Call Jason Bond on 0407 489 992

Property History for 6 Teneriffe Dr, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$69,000
22 Mar 1985
  • 12 Apr 2009
    Listed for Sale 0
  • 22 Mar 1985
    Sold for $69,000

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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 3,793 properties. Over the last 5 years, Houses in Teneriffe have seen a 6.11% increase in median value, while Units have seen a 65.57% increase. As at 30 November 2024:

  • The median value for Houses in Teneriffe is $1,852,817 while the median value for Units is $1,007,377.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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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.