OFF MARKET

68/40 Chermside Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 108m2
Land area: 108m2
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Property Details for 68/40 Chermside St, Teneriffe

68/40 Chermside St, Teneriffe is a 2 bedroom, 2 bathroom Unit and was built in 1998. The property has a land size of 108m2 and floor size of 108m2.

Building Type
Unit
Year Built
1998
Floor Size
108m2
Land Size
108m2
Local Government
Brisbane

Last Listing description (July 2020)

Nestled in the heart of bustling and trendy Teneriffe is this incredibly spacious inner-city pad. Boasting a well thought-out, two-level floorplan, this home ticks all the boxes for those seeking the ultimate inner-city lifestyle or a great opportunity for the savvy investor looking to add a solid investment to their portfolio.

Entering the living room, you will be impressed by an abundance of natural light. A spacious open plan living and dining area is the perfect space for entertaining, with a large U shaped kitchen serving as the hub of the home. Boasting plenty of storage, a gas cooktop and breakfast bar overlooking the living space, it will delight the chef in the family. Adjoining this, one of the spacious balconies surrounded by plantation shutters, allowing you the option of a bright open space or private oasis.


An oversized bedroom on this level utilises large sliding doors to the covered balcony, extending the room to blend with the outdoors. A large built in wardrobe, air-conditioning and quality carpet make it an ideal space. Completing this level is the massive bathroom which includes a bath and European laundry.

Upstairs you will find an impressive master suite, the sheer size of which you wont find in many inner-city apartments. The expansive bedroom features beautiful floor to ceiling windows and glass sliding doors opening to the private and breezy covered balcony, the ideal spot to spend your weekends with stunning urban views of Teneriffe and surrounds.

- Larger than most 2 bedroom apartments
- Large open plan kitchen, living and dining with plenty of storage
- Kitchen boasts gas cooktop, plenty of bench space and a convenient breakfast bar
- Large covered balcony featuring plantation shutters for added privacy
- Master suite featuring enormous additional private balcony, walk in robe and ensuite
- Private entrance to master suite near front door, ideal for those with older children or who need separation between bedrooms
- European laundry in bathroom
- Currently leased at $490/wk to great tenants
- Located only minutes from CBD, restaurants, boutique shopping and cafes
- 600m from bustling James Street shopping precinct
- 350m from CityCat
- 1km from Bowen Hills train station
- $1,085.00 per quarter body corporate

Located in the heart of vibrant Teneriffe, you get to enjoy all the benefits of inner city living, whilst being in a quiet and leafy pocket that enjoys easy access to all amenities. Multiple beautiful parks are at your doorstep, as well as the Riverwalk and an abundance of entertainment options, you don need a car with public transport just a stroll away!
This home is move in ready, but has endless opportunity for minor cosmetic updates to create your dream abode! Contact us today to book in your inspection as this one wont last!

Property History for 68/40 Chermside St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$495/w
21 Oct 2017
  • 21 Feb 2020
    Listed for Sale $655,000

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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 21 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 230 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.