298 Harcourt Street, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
 
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298 Harcourt Street
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 79m2
Land area: 718m2
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Property Details for 298 Harcourt St, Teneriffe

298 Harcourt St, Teneriffe is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1910. The property has a land size of 718m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last transferred in September 2024.

Building Type
Unit
Year Built
1910
Floor Size
79m2
Land Size
718m2
Local Government
Brisbane
Lot/Plan
48/RP9266

Last Listing description (June 2023)

Information Memorandum (IM) available - Text "IM298" to 0438 785 148.

Auction - 11am, 22nd April 2023 (On-site)


Developers, builders, and investors, welcome to 298 Harcourt Street, Teneriffe - Encompassing an amazing opportunity, spanned over a 718sqm block of land zoned LMR (2-3 storey mix) with endless possibilities.

Current Approved DA

* Two proposed lots

* Harcourt Street - 370sqm (16.23m x 22.81m)

* Small Street - 328sqm (16.23m x 20.19m )

* Harcourt Street to keep existing dwelling and convert to 3-bedroom QLD'er with driveway and car accommodation.

* Small Street vacant and flat block of land, ready to build an architectural masterpiece or sell immediately.



Current configuration of the existing dwelling

* Early 1900's QLD'er

* Original condition

* 3 individual 1-bedroom, 1-bathroom flats

* Unit 1 - Currently rented for $355 per week until May

* Unit 2 - Currently rented for $320 per week until April

* Unit 3 - Currently rented for $300 per week until May

* Total holding income $975 per week or $50,700 per annum



Further options to explore for the astute purchaser:

* Completely redesign, raise and renovate the current Queenslander, into a luxury three storey residence. (STCA)
* Build two luxurious freehold architectural homes, on the vacant Small Street block. (STCA)


Loved for its high walkability and village atmosphere, Teneriffe is surrounded by bustling cafs, bars, and restaurants, with shops nearby at Gasworks Plaza and Merthyr Village Shopping Centre. Cosmopolitan James Street, Jan Powers Farmers Markets, New Farm Park, Teneriffe River Walk, and public transport are all minutes away. The desirable address is also central to prestigious schooling options such as All Hallows' School, Brisbane Boys and Girls Grammar and Gregory Terrace.


Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Burton & Ryan Property Agents will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

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Property History for 298 Harcourt St, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Transferred
$608,000
06 Sep 2024
Listed for Rent
$1.15k/w
25 Aug 2022
  • 06 Sep 2024
    Transferred for $608,000
  • 22 Apr 2023
    Sold for $2,928,000
  • 08 Feb 2023
    Listed for Sale Auction
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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 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 3,796 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.07% increase in median value, while Units have seen a 94.42% increase. As at 30 November 2025:

  • The median value for Houses in Teneriffe is $2,208,938 while the median value for Units is $1,203,373.
  • Houses have a median rent of $800 while Units have a median rent of $790.
There are currently 14 properties listed for sale, and 8 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 215 properties were sold in the past 12 months in Teneriffe.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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