510/113 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 63m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.
Discover this exquisite apartment on the fifth level of the prestigious 'Double One 3' building, perfectly suited for investors, first-time buyers, and downsizers seeking the coveted Teneriffe lifestyle at an accessible price point. This apartment combines prime location with exceptional features.
Property Highlights:
- Generous storage spaces and a spacious walk-in robe
Council rate $507.10
Admin Fee $1255.41 & Sinking Fund $460.23
Currently tenanted at $660/per week until 20th January 2025
1km to the prestigious James Street precinct with bustling restaurants, cafe's, cinemas and amenities. 2.2km to Brisbane Powerhouse, a host of an abundance of entertainment all year round. This property is within close proximity to public transport as well as being only 300m from the City Cat.
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property 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.
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:
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