SOLD
Sold on 04 Apr 2024 for $1,025,000

602/109 Commercial Road
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 102m2
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Property Details for 602/109 Commercial Rd, Teneriffe

602/109 Commercial Rd, Teneriffe is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 102m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
94m2
Land Size
102m2
Local Government
Brisbane
Lot/Plan
602/SP283277

Last Listing description (August 2022)

Located within the lavish 'Fabric Apartments' you are conveniently located close to all amenities and you never have to be far from home to truly enjoy inner city living. At the height of luxury, this incredible apartment has been designed with lavish proportions and created to provide a sense of sophistication.

Complimented with two bedrooms plus a multi-purpose room, this exquisite apartment has been designed to offer spacious, luxury living. Well-appointed, the beautiful kitchen is complete with state of the art Miele appliances and incredible marble benchtops. The open plan living is highlighted by beautiful natural light and flows seamless onto the balcony - providing incredible city views. Offering the ultimate in contemporary living, this apartment is not one that you want to miss!


Key Apartment Features:
Two spacious bedrooms with built in wardrobes with mirror doors
Multi-purpose room with a built in wardrobe with mirror doors, large enough to use as a third bedroom
Well-appointed kitchen with incredible marble benchtops
State of the art Miele appliances including a 900mm gas cooktop and two wall-mounted ovens
Expansive open concept living area highlighted by natural light
Opulent bathrooms and powder room with marble vanities, floor-to-ceiling tiling and a prestigious black and gold colour scheme
Affluent timber flooring and plush carpets installed throughout

'Fabric Apartment' Features:
Exquisite colour scheme throughout
Convenience of onsite management
Substantial rooftop unique in design, offering incredible city and river views
Elevated in-ground pool
Two barbeques and four individual dining spaces

Location Features:
Woolworths Metro located on the ground floor
Short walk to multiple cafes, restaurants, bars and brewery's
2 minute walk to Teneriffe River Walk
2 minute walk to bus stop and Teneriffe Ferry Terminal
10 minute walk to Gasworks Shopping Precinct
10 minute walk to James Street
Easy access to Brisbane CBD and Fortitude Valley

*Please note that photos are indicative only*

Presenting you with a rare opportunity to secure this apartment in 'Fabric Apartments', you will need to see this property to truly appreciate all it has to offer. This premier apartment won't last long so contact us today for an inspection!

Property History for 602/109 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,025,000
04 Apr 2024
Listed for Rent
$750/w
29 Aug 2022
  • 04 Apr 2024
    Sold for $1,025,000
  • 22 Aug 2022
    Listed for Rent $750 / week
  • 10 Aug 2020
    Listed for Rent $700 / week
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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 3,768 properties. Over the last 5 years, Houses in Teneriffe have seen a 26.46% increase in median value, while Units have seen a 64.11% increase. As at 30 September 2024:

  • The median value for Houses in Teneriffe is $2,131,809 while the median value for Units is $987,908.
  • Houses have a median rent of $890 while Units have a median rent of $750.
There are currently 28 properties listed for sale, and 13 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 225 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.