49/139 Commercial Rd, Teneriffe, QLD, 4005

For Sale

49/139 Commercial Rd, Teneriffe, QLD, 4005

PRE-MARKET OPPORTUNITY!

91 m²

Unit

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What's around 49/139 Commercial Rd

Premium Teneriffe Investment with Secure Income Through to July 2028

Dimitri Cassidy from Ray White New Farm proudly presents Apartment 49 at The Cannery Apartments - an exceptional investment opportunity within one of Teneriffe's most tightly held and highly regarded lifestyle precincts. Positioned on the first floor within the sought-after Cannery complex, this quality renovated residence offers an outstanding combination of immediate income security, strong long-term appeal and blue-chip inner-city positioning. Currently leased to an excellent tenant through until July 2028, this is a rare opportunity to secure a premium asset with peace of mind and established holding income already in place. Designed to maximise natural light and airflow, the apartment enjoys an abundance of windows and excellent cross-ventilation throughout, creating a bright and inviting living environment. Two private balconies further enhance the lifestyle appeal and provide valuable additional outdoor space rarely found in apartment living. Thoughtfully renovated with quality finishes and contemporary upgrades, the property has been carefully enhanced to ensure long-term durability and broad tenant appeal. Positioned within one of Brisbane's most established lifestyle pockets, Apartment 49 presents a compelling opportunity for investors seeking a secure, low-maintenance asset within an area underpinned by strong demand and long-term growth fundamentals. Property Highlights: • Secure lease in place until July 2028 with an excellent tenant • Strong immediate holding income with long-term tenancy security • Premium investment opportunity within tightly held Teneriffe precinct • Positioned on the first floor within The Cannery Apartments • Quality renovation completed with modern finishes throughout • Two private balconies enhancing liveability and tenant appeal • Abundance of natural light throughout • Excellent cross-ventilation and airflow • Air-conditioning throughout • Low-maintenance asset with strong long-term holding appeal • High-demand location with excellent rental fundamentals Building Highlights: Residents of The Cannery Apartments enjoy access to an exceptional range of resort-style amenities: • Heated 25-metre lap pool • Plunge pool and expansive sun deck • Landscaped subtropical gardens • BBQ and entertaining areas • Fully equipped gymnasium • Secure underground parking • Security swipe access throughout • On-site management for added convenience and peace of mind Suburb Highlights: Positioned in one of Brisbane's most prestigious riverfront suburbs, Teneriffe continues to be recognised for its lifestyle appeal, limited supply and investment performance. • Walking distance to Gasworks Plaza and James Street precinct • Moments from the Riverwalk and CityCat terminals • Surrounded by renowned cafés, restaurants and bars • Minutes to Fortitude Valley and Brisbane CBD • Strong tenant demand and tightly held apartment market • One of Brisbane's most desirable inner-city investment locations Offering immediate income security alongside premium long-term fundamentals, Apartment 49 represents an outstanding opportunity to secure a blue-chip Teneriffe asset within one of the area's most iconic developments. To arrange further information or discuss this opportunity, please contact Dimitri Cassidy on 0419 790 458. Please note: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes only.