SOLD
Sold on 10 May 2024 for $950,000

70/110 Macquarie Street
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 81m2
Land area: 88m2
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Habitat Property Agents
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Property Details for 70/110 Macquarie St, Teneriffe

70/110 Macquarie St, Teneriffe is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1955. The property has a land size of 88m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1955
Floor Size
81m2
Land Size
88m2
Local Government
Brisbane
Lot/Plan
70/BUP105075

Last Listing description (June 2024)

Overlooking the tree lined Macquarie Street whilst capturing river glimpses, this is a rare opportunity to buy in one of Brisbane's iconic Woolstores, Teneriffe Village.

This oversized one bedroom, one bathroom, two car apartment is move-in ready, or is a beautiful canvas prime for refurbishment to personalise into your dream property. This is a tightly held complex with apartments of this size and style difficult to find - perfect for those looking for the inner-city lifestyle or investors looking to purchase in ever popular Teneriffe.

On entering the apartment you will note the that the property boasts the signature industrial aesthetic of the Woolstores, while retaining the sought-after heritage features. You will be amazed by the grand proportions, high ceilings, polished floorboards, and the feeling of spaciousness throughout. This is not your typical one bedroom inner city apartment!

The unique shape of the open plan dining/kitchen and living allows you to create specific zones without feeling enclosed and features large windows flooding the apartment with sunlight.

The modern kitchen with stone benchtops and a raised breakfast bar has an abundance of storage and bench space featuring stainless steel appliances including dishwasher.

This area opens onto your very own balcony, where you can enjoy your morning coffee or afternoon wine while watching the world go by below. The private balcony boasts an outlook over the trees and towards the river - a calming space in the hustle and bustle of this popular inner city suburb. Stay cool from the summer heat with river breezes captured and flowing throughout.

The huge bedroom continues the opulent theme with high ceilings and polished floorboards and has plenty of opportunity to add additional cabinetry. The two-way bathroom can be accessed directly from the bedroom, and you will again be wowed by its grand proportions which includes a large vanity, separate bath and shower.

The apartment comes with the bonus of two car accommodation and a large storage cage which is highly prized and rarely available in inner city apartments.

Features include:
Iconic Woolstore location
Period features including polished floorboards
Entry Foyer
Spacious open plan lounge/dining/kitchen
Modern kitchen with stainless appliances including stone benchtops and dishwasher
An abundance of storage in kitchen
Private balcony
One spacious bedroom with built in robes
Spacious two-way bathroom including bath and laundry space
Oversized floor plan
High ceilings
Grand proportions
Air Conditioning
Intercom
Two car accommodation
Storage cage
Large in ground pool in complex
BBQ Area
Onsite Management
Totally approximately 152 sqm of space including car parking (see floorplan)
BCC Rates $480.95 per quarter
Body Corporate Levies $941.50 per quarter ? this varies ? please see Disclosure Statement
Sinking Fund $275,557.64

BUILDING FEATURES:
Teneriffe Village building features included a large outdoor pool & BBQ area
Pet-friendly building (subject to approval)
Lift access to secure parking
Secure intercom
On-Site management

SUBURB FEATURES
This property is right at the doorstep of a multitude of cafes, restaurants, bars and specialty shops.
Walking distance to CBD, Gasworks Precinct, James Street, Fortitude Valley, Riverwalk, New Farm Park and Howard Smith Wharves. Easy access to the Inner City Bypass, Kingsford Smith Drive, M7 and Airport Link, 4 km to the CBD, 10 km to the Brisbane Airport, 2 km to Bowen Hills Train Station.
New Farm State School, Holy Spirit Primary School, and Fortitude Valley State Secondary catchment zone
Moments from the popular Riverwalk and a few metres from the CityCat and CityGlider terminal, accessing the Brisbane CBD and other lifestyle destinations such as the Howard Smith Wharves or James St Precinct could not be any more convenient.

Don't miss out on your chance to own a piece of Brisbane's history - Contact Katie on 0406 422 723 for further information.

Property History for 70/110 Macquarie St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$950,000
10 May 2024
  • 10 May 2024
    Sold for $950,000
  • 09 May 2024
    Listed for Sale Not Disclosed
  • 23 Apr 1996
    Sold for $182,500

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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 3,772 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 29 properties listed for sale, and 20 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 232 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.