55 Teneriffe Drive, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

55 Teneriffe Drive
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
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Property Details for 55 Teneriffe Dr, Teneriffe

55 Teneriffe Dr, Teneriffe is a 3 bedroom, 3 bathroom House with 1 parking spaces and was built in 1930. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1930
Local Government
Brisbane
Lot/Plan
2/RP45276

Last Listing description (April 2024)

DEMOLITION APPROVED! 270 DEGREE RIVER VIEW TENERIFFE HILLTOP!

An exceptional property boasting breathtaking 270 degree hilltop river views.

ENQUIRE TO INSPECT

Showcasing a coveted hilltop elevation with breathtaking Brisbane River Views, this rare offering directly backs onto and adjoins the exclusive and private rainforest-like Teneriffe Park.

Spanning multiple levels, this commanding residence sits upon a generous Teneriffe acreage proportion 716sqm parcel of prime Teneriffe land with 15 meters of frontage, complete with development approval to fully demolish the existing home - a rare lifestyle opportunity to build your dream property!

The current primely Teneriffe located 3 bedroom, 3 bathroom, 1 car space updated house offers solid Teneriffe rental income, while you design your dream forever trophy home!

Boasting exceptional proximity to renowned amenities such as James Street, renowned for its upscale shopping, cafes, and restaurants, as well as the Calile Hotel, the Powerhouse, and Gasworks - an unrivalled place to call home!

Full BCC approval to demolish the existing home, this opportunity presents unlimited options to build your dream forever trophy home at your very own prestigious address - 55 Teneriffe Drive, Teneriffe.

Panoramic 270 degree river views from every level toward the North, rear private and direct access to the serene Teneriffe Park toward the South - with the perfect and coveted North/South orientation.

This rare offering at Teneriffe Drive is truly a once in a lifetime opportunity to create one of Brisbane's finest forever trophy homes!

A rare inner-city Teneriffe-acreage gem offering 270 hilltop river views, direct and private access to 7.7 acres of serene parkland, at this coveted Teneriffe Drive address offering convenient access to upscale James Street and Gasworks precincts, and the CBD.

This property presents a unique forever trophy home opportunity - one not to be missed!

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 55 Teneriffe Dr, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$4,800,000
22 Mar 2023
  • 28 Mar 2024
    Listed for Sale CONTACT AGENT
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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 3,798 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 13 properties listed for sale, and 10 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 222 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Cotality Copyright and Legal Disclaimers about Property Data
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.