58/139 Commercial Road, Teneriffe, QLD 4005 sold on 05 February 2026 | OnTheHouse
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Sold on 05 Feb 2026 for $1,500,000

58/139 Commercial Road
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 154m2
Land area: 157m2
Sold By
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Percival Property Group
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Property Details for 58/139 Commercial Rd, Teneriffe

58/139 Commercial Rd, Teneriffe is a 3 bedroom, 2 bathroom Unit and was built in 1998. The property has a land size of 157m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
154m2
Land Size
157m2
Local Government
Brisbane
Lot/Plan
58/SP101390

Last Listing description (February 2026)

*For inspections, please use entrance at 70 Vernon Terrace.*

Spanning across two levels in 'The Cannery' complex, Unit 58 is a rare opportunity to secure a unique Teneriffe residence.

From the balconies and living areas, take in leafy views across Vernon Terrace toward the neighbouring Mactaggarts and Winchcombe Carson Woolstores, with glimpses of the CBD skyline from the rear of the apartment.

(PROPERTY SNAPSHOT)

- 3 Bedrooms
- 2 Bathrooms + powder room
- 2 Car spaces
- 157 SQM
- 2 external balconies
- Views of surrounding Woolstores + CBD skyline glimpses
- Carpeted bedrooms
- Timber floor in living spaces
- Electric fireplace
- Ceiling fans throughout
- Air-conditioned throughout
- En-suite bathroom with bathtub
- Built-in shelving + storage

On the lower level, the open-plan living and dining area flows onto a generous balcony framed by greenery. An electric fireplace creates a cosy atmosphere on cooler days, while ample windows and louvres invite natural light and refreshing breezes year-round. Low-maintenance polished timber floors complement the home's neutral palette.

The kitchen features a combination of enclosed and open cabinetry, plus a breakfast bar for additional preparation space. The lower-level bedroom enjoys plenty of natural light, making it a versatile space as a home office or a guest room, with a separate powder room on the same level.

A floating timber and steel staircase adds a modern, industrial touch, leading to the upper level where both bedrooms enjoy curved floor-to-ceiling windows, louvres, and direct access to the second balcony. Both have enviable aspects - the main bedroom is nestled amongst the treetops of Vernon Terrace and the second bedroom has an eye-catching backdrop across the roofs of Teneriffe toward the CBD - as well as built-in wardrobes.

The en-suite includes a shower-over-bath, while the spacious second bathroom incorporates the laundry and linen cupboard.

Blending enviable views with unmatched privacy, this corner residence is one of 'The Cannery's' finest. Just steps from the river walk, with cafes and restaurants at your doorstep, it offers an exceptional inner-city lifestyle. With public transport close by and easy access to major roads, commuting and travel are effortless.

(BUILDING FEATURES)

25 metre heated lap pool
Plunge pool
Sun decks
BBQ area
Landscaped gardens
Equipped gym
Secure intercom access
CCTV
Onsite management

(SUBURB FEATURES)

LIFESTYLE
- Multitude of cafs, restaurants, bars and specialty shops
- Walking distance to Gasworks Plaza + James Street Precinct
- Walking distance to Riverwalk, New Farm Park + Howard Smith Wharves
- Easy access to public transport network
- Easy access to ICB + Kingsford Smith Drive, M7 + Airport Link Tunnel

TRANSPORT
- 4 km (15 min drive) to Brisbane CBD
- 15km (20 min drive) to Brisbane Airport
- 2 km (5 min drive) to Bowen Hills Train Station
- Teneriffe CityGilder (bus) and CityCat (ferry) terminal + BCC Bus stop

EDUCATION
- 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 + other inner-city private schools

(DISCLAIMER)

While we have taken all reasonable care to ensure the accuracy of the information in this advertisement, we do not accept any responsibility and disclaim all liability for errors, omissions, inaccuracies or misstatements. Prospective buyers are encouraged to conduct their own enquiries to confirm the details provided.

Property History for 58/139 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,500,000
05 Feb 2026
  • 05 Feb 2026
    Sold for $1,500,000
  • 05 Jan 2026
    Listed for Sale $1,500,000
  • 02 Jun 2021
    Sold for $683,000
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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 3,795 properties. Over the last 5 years, Houses in Teneriffe have seen a 11.04% increase in median value, while Units have seen a 98.62% increase. As at 31 January 2026:

  • The median value for Houses in Teneriffe is $2,113,648 while the median value for Units is $1,245,333.
  • Houses have a median rent of $800 while Units have a median rent of $800.
There are currently 12 properties listed for sale, and 10 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 224 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.