49/139 Commercial RoadTeneriffe QLD 4005
Property Details for 49/139 Commercial Rd, Teneriffe
49/139 Commercial Rd, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 91m2 and floor size of 61m2.This Property is currently listed for sale with Ray White New Farm
Last Listing description (May 2026)
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 cafs, 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.
Property History for 49/139 Commercial Rd, Teneriffe, QLD 4005
- 21 May 2026Listed for Sale PRE-MARKET OPPORTUNITY!
- 20 Aug 2022Sold for $620,000
- 01 Aug 2022Listed for Sale SOLD BY DIMITRI CASSIDY
Recent sales nearby
See more recent sales nearby/assets/perm/w75emptb7mi6xdvr6vszxnuk3a?signature=7e81d1cfbd190304b3580debf6d91c05356a957b2ea1615b43b380aa18cbd3a4){kind=logo}
0
/assets/perm/f7wwvfv5cui6nf2noxo3zpgha4?signature=c2ac8b0daa365273fc1b80deb928d175e7b18975f209412a920dbdd3478541a3){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Teneriffe 4005
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 3,805 properties. Over the last 5 years, Houses in Teneriffe have seen a 43.33% increase in median value, while Units have seen a 99.45% increase. As at 30 April 2026:
- The median value for Houses in Teneriffe is $3,076,524 while the median value for Units is $1,301,453.
- Houses have a median rent of $1,100 while Units have a median rent of $800.
Suburb Insights for Teneriffe 4005
Market Insights
Teneriffe Trends for Houses
N/A
N/A
View TrendN/A
N/A
Teneriffe Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
