Back 101/139 Commercial Road
Off Market

101/139 Commercial Road

Teneriffe QLD 4005

1
1
Apartment
Peter WatsonPeter Watson, last sold this property on 03 June 2022 after 9 days on market.

Overview

SOLD for $385,000

Positioned in the heart of dynamic Teneriffe, this gorgeous one bedroom apartment in the Cannery is a fantastic opportunity to secure an ultra impressive property in a superb complex. This outstanding location is in one of Brisbane`s most sought-after suburbs -- New York style living in the heart of Teneriffe. In fact from your front door, walk along Vernon Terrace to all your favourite coffee shops and boutiques. A few short steps also provide you access to the riverside walkways, bus lines and CityCat, the convenience of living will not be beaten. Merthyr Village, James Street and a number of local shops like Woolies Metro are close by too, ensuring all amenities are just minutes away. This precinct is famous for The Woolstores and surrounding industrial buildings that have been converted to ultra-chic living spaces, remaining in constant demand. The Cannery takes pride of place with this apartment featuring stunning original exposed brick, large timber beams, and high ceilings. The unique floor plan is designed around these historical elements and provides a timeless charm that must be seen to be appreciated. This exceptional offering also boasts - : A well-appointed kitchen that includes European appliances : Stunning timber floors, with a carpeted bedroom area and lovely tiled enclosed terrace : Sophisticated high quality plantation shutters : Air conditioning : Little patio entrance area, that can be made private : Very secure complex : Landscaped gardens and fantastic on-site management : Unlike others, the Cannery complex was not affected by the 2011 or 2022 flood events : Balance of sinking fund at end of last Finance Year - $1,275,093.70 as at 30/06/21 : Body Corporate (Admin and Sinking) - $851.44 per qtr : Brisbane City Council Rates - $430 per qtr Residents also have the privilege of enjoying exclusive access to facilities like the gymnasium, heated 25 metre swimming pool and communal BBQs. What a wonderful buying opportunity. Don`t miss your chance to buy this rare heritage offering in the Cannery. ID:21094873

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Teneriffe over the last 12 months, the estimated median property value of 101/139 Commercial Road is $769.25k.

Median value
$769.25k
Estimated value range
$640k - $1.11m
Median days on market
18
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Teneriffe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 101/139 Commercial Road

2022
Sold
Undisclosed
03 Jun 2022 by Peter Watson

Happy sellers in Teneriffe

94%
94% of sellers in Teneriffe reported that their sale price either exceeded or met their price expectations.

Teneriffe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Teneriffe over the last 12 months.

Local market activity for 1 bedroom apartments in Teneriffe

In the last 12 months, 46 one-bedroom apartments similar to 101/139 Commercial Road, have been sold.

This represents a 7% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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