316/113 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. While the property is not currently for sale or for rent, it was last sold in July 2025.
Dimitri Cassidy of Ray White New Farm proudly presents this exceptional apartment, perfectly positioned on the 3rd floor of the iconic 'Double One 3' building.
Offering an unparalleled blend of comfort, style, and location, this generously proportioned one-bedroom apartment boasts a highly sought-after east-facing balcony. Whether you're an investor, first-home buyer, or downsizer, this property provides an unmissable opportunity to embrace the coveted Teneriffe lifestyle.
Showcasing contemporary finishes and a sophisticated palette of light, bright tones, the apartment exudes modern elegance with timeless appeal. Highlights include ample storage, a spacious walk-in wardrobe in the master bedroom, floor-to-ceiling windows, and ducted heating and cooling. The private entertainer's balcony creates the perfect setting to unwind or host guests, all while enjoying Brisbane's most desirable urban environment.
This property also offers unmatched convenience. Located within walking distance of some of Brisbane's best restaurants, bars, and cafes, you'll have access to the vibrant local culture at your doorstep. With Woolworths just steps away, everyday essentials are always within easy reach.
This apartment is more than just a home-it's an invitation to experience the best of Teneriffe living.
PROPERTY FEATURES:
Full sized Master suite with floor-to-ceiling windows & walk-in robe
Ceiling fan in the Master suite
Ducted heating & cooling for year-round comfort
Open-plan living & dining can accommodate study space
Spacious kitchen with ample storage
Modern dishwasher and stainless-steel appliances
Main bathroom with discreetly integrated laundry
Spacious entertainers balcony overlooking Teneriffe Hill
BUILDING HIGHLIGHTS:
Dedicated on-site management
Plenty of visitor parking
Secure basement parking
Rooftop entertainment area with BBQ area & city views
Street-level commercial spaces, including a caf and bakery
Bicycle storage facilities
Pet-friendly complex
SUBURB HIGHLIGHTS:
Multitude of cafs, restaurants, bars and specialty shops
Walking distance to Gasworks Plaza & James Street Precinct
Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
Easy access to public transport network
Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link Tunnel
SCHOOL CATCHMENT:
New Farm State School & Fortitude Valley State School Catchment zone
Proximity to Holy Spirit Primary School New Farm & All Hallows School
Short drive to Brisbane Grammar School, Brisbane Girls Grammar School and a multitude of other inner-city private schools
To enquire about this property or arrange an inspection, please get in touch with Dimitri Cassidy 0419 790 458
The size of Teneriffe is approximately 0.9 square kilometres. There are 2 parks, covering nearly 4.3% of the 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 3,808 properties. Over the last 5 years, Houses in Teneriffe have seen a 40.44% increase in median value, while Units have seen a 83.45% increase. As at 31 August 2026:
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