OFF MARKET

711/113 Commercial Road
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 68m2
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Property Details for 711/113 Commercial Rd, Teneriffe

711/113 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 68m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2014
Floor Size
58m2
Land Size
68m2
Local Government
Brisbane
Lot/Plan
711/SP248904

Last Listing description (April 2022)

Positioned on the top level of the renowned DoubleOne3 complex, apartment 711 highlights sixty-eight square metres of stylish and comfortable open-plan living. (55m2 internal, 13m2 balcony, 14m2 car-space). Boasting an ideal south-east aspect towards the woolstores and Brisbane River, with extra high balcony ceilings being on the top floor, it captures an abundance of natural light and cool river breezes.

It is stylish, modern, and ideally located for you to enjoy the best amenities that Teneriffe, Newstead and New Farm has to offer. Everything is either on your doorstep or a short walk away. TheTeneriffe 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!

Top floor units in Teneriffe seldom hit the market and are highly sought after, call Anthony on 0430 028 254 to book a private inspection.

Additional Features:
- Separate Laundry with good storage throughout
- Designated secure basement car space, with over 20 visitor car parks
- Totally lift accessible with intercom access
- Rooftop Terrace with BBQ and stunning City views
- Pet-friendly complex, with two secure bike storage rooms
- Split Reverse Cycle Air-conditioning, ceiling fan in bedroom
- Modern drawer dishwasher and clothes dryer
- Stylish lobby, with good on-site management
- Body Corporate only $3,879.51 annually
- Healthy Sinking Fund balance of $547,045
- Council Rates $430 per quarter
- Rental Appraisal (furnished) $450 - $490 per week
- Rental Appraisal (unfurnished) $410 - $450 per week

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Property History for 711/113 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$505,000
07 Feb 2022
Listed for Rent
$400/w
19 Jun 2019
  • 07 Feb 2022
    Sold for $505,000
  • 30 Sep 2019
    Listed for Sale By Negotiation
  • 03 Jun 2019
    Listed for Rent $2,129 / month
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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 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Teneriffe.

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