27/40 Chermside St, Teneriffe is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 108m2 and floor size of 108m2.
A renowned riverside address in the cosmopolitan suburb of Teneriffe, this spacious and stylish apartment presents an exquisite inner-city lifestyle.
Only metres from the Riverwalk, cafs, restaurants, Woolworths Metro, and bars that Teneriffe is famous for, residents are offered trendy entertainment options outside their door and the lifestyle precincts of Gasworks, James Street, New Farm Park and Merthyr Village just a short stroll away.
Featuring ground floor entry, elevated outlooks and a north-east aspect, the apartment unveils a contemporary design complemented by high calibre fittings and a premium level of finish. Blurring the lines between indoor and alfresco living, bi-fold doors open to a covered 21sqm balcony with plantation shutters, creating the perfect entertainer's oasis.
Boasting everything you need for relaxed riverside living, apartment 27 offers but is not limited to:
- Spacious and stylish apartment featuring a north-east aspect and ground floor entry
- Lounge and dining area showcasing a feature wall, downlights and air-conditioning
- Modern kitchen equipped with stone benchtops and stainless steel appliances
- Bi-fold glass doors open to a 21sqm enclosed balcony framed by plantation shutters
- Two bedrooms with built-in robes; two bathrooms, including an ensuite
- Separate internal laundry with storage
- Secure basement parking for two cars with storage
- Riverside location close to Teneriffe Park, New Farm Park and Powerhouse
- Walk to the area's best cafes, restaurants, Woolworths Metro, bars, shops, buses and CityCat
- Stroll to the Riverwalk, Gasworks, James Street and Merthyr Village
To obtain a copy of the Information Memorandum or to arrange an inspection, please contact Josh Brown.
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 2016 was 5335 people. By 2021 the population was 5520 showing a population growth of 3.5% 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 2021, 46.30% of the homes in Teneriffe were owner-occupied compared with 42.30% in 2016.
Teneriffe has 3,798 properties. Over the last 5 years, Houses in Teneriffe have seen a 11.59% increase in median value, while Units have seen a 98.53% increase. As at 31 December 2025:
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