Back 139/139 Commercial Road
Off Market

139/139 Commercial Road

Teneriffe QLD 4005

1
1
Apartment
Peter WatsonPeter Watson, last sold this property on 24 February 2022 after 16 days on market.

Overview

UNDER CONTRACT

Whether you`re looking to live or invest in Teneriffe, this one should be at the top of your short list. This stylish one-bedroom apartment is positioned within Teneriffe`s highly sought-after Cannery complex. Featuring a stainless steel kitchen, stunning hardwood flooring, air conditioning with a good sized bathroom and internal laundry. And completed with a quaint courtyard space as well as your own raised balcony area - this is low-maintenance living at its very best and won`t last long on the market! The Cannery complex is located in the heart of Teneriffe, surrounded by popular cafes and dining spots. Walk to Gasworks, New Farm Park or the James St precinct. Take a short ferry ride and you are in Oxford St, Bulimba. Move in now as an owner occupier or secure yourself a very solid investment. Currently tenanted for $340p/w on a periodical lease with the tenant keen to stay on long-term if the property is snapped up by an investor. This exceptional complex features - : Heated lap and plunge pool (new upgrade near completion) : BBQ areas : Gymnasium (new upgrade about to commence) : Nightly security patrols & CCTV - extremely safe and secure complex : Award winning landscaped subtropical garden areas : Fantastic on-site management : Very healthy Body Corporate sinking fund of approximately $1million : Metro supermarket, cafes and restaurants metres from the complex : CityGlider Bus, CityCat Ferry and the Brisbane river are right across the street * Body Corporate Fees (admin and sinking) - Approx $869.86 per qtr * Brisbane City Council Fees - Approx $430.40 per qtr Contact Peter now for more information or to arrange an inspection. ID:21089386

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 139/139 Commercial Road is $785k.

Median value
$785k
Estimated value range
$640k - $1.11m
Median days on market
18
Estimated value trend
23%
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 139/139 Commercial Road

2022
Sold
Undisclosed
Private Sale/Treaty on 24 Feb 2022 by Peter Watson
2022
Sold
Undisclosed
Private Sale/Treaty on 08 Feb 2022 by Matt Adams

Happy sellers in Teneriffe

96%
96% 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 13 reviews in Teneriffe over the last 12 months.

Local market activity for 1 bedroom apartments in Teneriffe

In the last 12 months, 45 one-bedroom apartments similar to 139/139 Commercial Road, have been sold.

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

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