SOLD
Sold on 25 Jan 2024 for $850,000

78/139 Commercial Road
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 113m2
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Property Details for 78/139 Commercial Rd, Teneriffe

78/139 Commercial Rd, Teneriffe is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 113m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Teneriffe in the last 12 months.

Building Type
House
Year Built
1998
Floor Size
85m2
Land Size
113m2
Local Government
Brisbane
Lot/Plan
78/SP101390

Last Listing description (May 2022)

Paying homage to New York's famed loft living style, unit 78 inside The Cannery is a purist's dream. Magnificently incorporating three bedrooms, two bathrooms and one car park spread across a spacious 113sqm of living, charm is in abundance at this character-rich dwelling. Upon entry, a row of oversized windows illuminate the home with natural light causing the property to sparkle. Dazzling underneath the exposed original support beams, the open kitchen acts as the focal point of the ground floor. Blessed with spotted gum hardwood timber flooring, stainless steel appliances, European cooktops, designer lighting and ample storage, it's an entertainer's delight. Flowing seamlessly past the main living area to the external balcony, indulge in the suburban views on offer from the elevated vantage point. Back inside on the ground floor, a pocket of privacy looms in the form of one cosy bedroom with a juliette balcony. Upstairs, the future homeowner will find the remaining two sleeping quarters (with the master bedroom featuring an ensuite with a bath overlooking Newstead). Elsewhere in the residency, landscaped gardens lead around the complex to reveal a resort style pool perfect for those scorching summer days. Make no mistake about it, this property won't be available for long!

Property Features:
Body Corporate: $1027 approx per quarter

Sinking fund: Over $1m currently
Rates: $345 approx per quarter
Utilities: $350 approx per quarter
Rental Appraisal: $635pw to $675pw

A mere two kilometres from Brisbane's blossoming central business district, the future homeowner will savour virtually immediate access to many of south-east Queensland's most famous hotspots. Within walking distance of the thriving Long Island Piaza and Gasworks precincts, which hosts Woolworths, Campos and several eateries as prestigious tenants, this unit is right in the middle of everything that makes Teneriffe a premier suburb. Closeby can be found the tranquillity of the Brisbane River as well as the vibrancy of Emporium, James Street and Howard Smith Wharves, where numerous bars, shops, cafes and restaurants reside. Navigating across south-east Queensland is made easy with public transport options such as train, ferry and bus all a stone's throw away, whilst the airport is just ten minutes away by car. For more information, or to arrange a private inspection, call Robert Lamprecht on 0419 999 989 at your earliest convenience.

Property History for 78/139 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$850,000
25 Jan 2024
Listed for Rent
$500/w
21 Jun 2020
  • 25 Jan 2024
    Sold for $850,000
  • 13 Apr 2022
    Sold for $691,000
  • 05 Apr 2022
    Listed for Sale Under Contract
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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, 234 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.