SOLD
Sold on 16 Feb 2024 for $815,000

7/2 Macquarie Street
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 131m2
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Property Details for 7/2 Macquarie St, Teneriffe

7/2 Macquarie St, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 131m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
89m2
Land Size
131m2
Local Government
Brisbane
Lot/Plan
7/SP125099

Last Listing description (June 2023)

When it comes to lifestyle living, there are few places that can match this. Capturing breathtaking views over tree-lined Macquarie Street with glimpses to the Brisbane River and across to Brisbane CBD, this unique 115m2 riverside residence offers Teneriffe's diverse purchasers a highly desirable position within tightly held and boutique complex Macquarie Teneriffe, designed by the renowned architect, Kevin Hayes.

Promoting a marvellous feeling of space and sophistication, the semi open plan layout is enhanced by double height voids and a flood of natural light, which breathes airflow and ambience into the central living and dining areas. Framed by plantation shutters and quality blackout and sheer window dressings, these spaces extend out onto two balconies, perfect for either relaxing in the morning from the Eastern balcony while enjoying the river breezes or entertaining of an evening while taking in the sparkling City lights.

At the heart of the home the generously sized kitchen area draws your gaze out to the greenery that surrounds the home. The kitchen's functional workspace offers ample cabinetry and granite bench space, gas cooktop and electric oven, double sink and dishwasher; perfect for those who enjoy all things culinary. Just add your barbeque on the balcony outside the kitchen window/servery for seamless entertaining.

Privately positioned at the opposite end of the apartment are two generously sized bedrooms. This versatile layout ensures privacy within dual living arrangements with a large centrally positioned bathroom and ensuite to master. Both bedrooms are complete with mirrored built-in wardrobes and ceiling fans.

Zoned ducted air-conditioning throughout, ceiling fans, Crimsafe screening, modern pendent lighting, and separate laundry are a few of many inclusions which differentiates this property from most other newly built complexes in the area. Additionally, the apartment is complete with a single and secure car park although with the accessibility to river walks and public transport, using the car may become a thing of the past.

Offering one of the most exciting positions available in the New Farm and Teneriffe residential precincts, just at your doorstep you will find yourself immersed in the culture and energy of Brisbane's trend haven. Cafes, restaurants and boutique retail shopping are all at your fingertips and the river just across the road. Merthyr Village, Gasworks, James Street, Howard Smith Wharves, and the CBD are also close by, ensuring nothing is out of reach.

With a focus on lifestyle, convenience and functional design, these key features are what sets this stunning property apart from the rest - do not miss this exceptional opportunity!

For more information or to book an inspection please contact Team Reis on 0448 559 437!

Property History for 7/2 Macquarie St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$815,000
16 Feb 2024
Listed for Rent
$700/w
26 Jun 2023
  • 16 Feb 2024
    Sold for $815,000
  • 16 Jun 2023
    Listed for Rent $700 / week
  • 25 Nov 2021
    Sold for $685,000
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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 3,810 properties. Over the last 5 years, Houses in Teneriffe have seen a 16.49% increase in median value, while Units have seen a 63.81% increase. As at 31 August 2024:

  • The median value for Houses in Teneriffe is $1,942,745 while the median value for Units is $981,120.
  • Houses have a median rent of $840 while Units have a median rent of $750.
There are currently 30 properties listed for sale, and 25 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 233 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.