OFF MARKET

608/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 77m2
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Property Details for 608/113 Commercial Rd, Teneriffe

608/113 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 77m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2014
Floor Size
77m2
Land Size
77m2
Local Government
Brisbane
Lot/Plan
608/SP248904

Last Listing description (September 2023)

Positioned up on level 6 of the superbly located 'Double One 3' building in Teneriffe, lies this thoughtfully designed, well proportioned and extremely convenient inner-city pad. With city views from one side of the balcony and a river glimpse from the other side, it is in excellent condition with stylish new floorboards already added. The best part is, it's vacant and waiting for you to move in!

Everything is on your doorstep! The?Teneriffe Riverwalk and Ferry is only 50m away, Woolworth's Metro, Danny's Bread, Caffeine Espresso are directly below and Newstead Gasworks is around the corner, the convenience is unbeatable! It is stylish, modern, and ideally located for you to enjoy the best amenities that Teneriffe, Newstead and New Farm has to offer.

Please email or call Anthony on 0430 028 254 for more info, or to book an inspection.

Additional Features:
- New premium vinyl timber floorboards
- Ceiling fan added to lounge room
- Abundance of storage areas throughout
- Bright, breezy and elevated position
- Stylish lobby, with good on-site management
- Rooftop Terrace with BBQ and stunning City views
- Secure basement car park with over 20 visitor car parks
- Totally lift accessible with intercom access
- Pet-friendly complex
- Ducted Air-conditioning
- Modern dishwasher and dryer
- Body Corporate fees $4,822 annually
- Healthy Sinking Fund balance of $323,833
- Rental Appraisal $700 - $750 per week

Property History for 608/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$700,000
09 Aug 2023
  • 09 Aug 2023
    Sold for $700,000
  • 20 Jul 2023
    Listed for Sale Not Disclosed
  • 20 Apr 2012
    Sold for $560,000

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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 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 236 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.