601/109 Commercial RoadTeneriffe QLD 4005
Property Details for 601/109 Commercial Rd, Teneriffe
601/109 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 81m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (October 2024)
Inner-city living doesn't get any better than this. Combining modern elegance with contemporary luxury, homeowners can enjoy a unique lifestyle at apartment 601/109 Commercial Road, Teneriffe.
The complex boasts a variety of premium features consistent across all PointCorp developments, with 73 apartments spread over 8 levels, each equipped with stylish features and smart designs.
Apartment 601 offers homeowners 2 large bedrooms, 2 bathrooms, a secure car park, and an allocated study area, all within a spacious 83sqm open floor plan. Additional features include balcony access, a gourmet kitchen, high-grade finishes, intercom security, ducted air-conditioning, double-glazed windows and doors, and engineered timber flooring. Residents can also enjoy exclusive complex amenities such as a rooftop pool, alfresco dining and barbecue area, and shaded cabanas, all with 360-degree views of Brisbane City, Hamilton Hill, and Brisbane's east coast.
Located in the picturesque suburb of Teneriffe, homeowners benefit from the unmatched convenience this location provides. A short walk will lead you to numerous cafes, restaurants, boutique stores, and the iconic Brisbane River, perfect for a leisurely stroll or morning jog. Public transport options, including buses and ferries, are within a 10-minute walk. Nearby notable destinations include:
James Street, New Farm | 900m
Gasworks Plaza, Newstead | 900m
New Farm Park | 1.9km
Brisbane Powerhouse, New Farm | 2km
New Farm State School | 751m
General information
Body Corporate Fees - Approx $1,500/quarter
Council Rates: Approx $480/quarter
Current Lease: Until October 11th 2024
Current Rent: $755/week
Disclaimer
Whilst we aim to provide absolute precision regarding all information herein and further provided on this property, we cannot warrant its accuracy. We recommend all interested parties should undertake their own investigations as desired.
Property History for 601/109 Commercial Rd, Teneriffe, QLD 4005
- 31 Jul 2024Listed for Sale For Sale
- 05 Mar 2024Listed for Rent $800 / week
- 12 Aug 2022Listed for Rent $650 / week
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0About 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.
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