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

7 Teneriffe Drive
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 445m2
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Property Details for 7 Teneriffe Dr, Teneriffe

7 Teneriffe Dr, Teneriffe is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 445m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Land Size
445m2
Local Government
Brisbane
Lot/Plan
4/RP9223

Last Listing description (November 2015)

Every so often in real estate opportunities present themselves that are so incredibly rare and valuable they turns heads across the city, state and country. 7 Teneriffe Drive is one such opportunity and it does not get any better than vacant land with two street frontages on top of Teneriffe Hill. A property like this offers a unique flexibility to build something truly special, on your terms, in a location that offers a lifestyle without comparison and with the owners committed to selling do not delay registering your interest.
Perched at the highest point of Brisbane s most sought after and prestigious Hill, this elevated 445m2 block is undoubtedly the best piece of vacant land on the market in Brisbane today. This parcel of land offers a once in a lifetime opportunity to build your dream home and take advantage of the panoramic views from Bulimba right through to the Brisbane CBD and Mount Coot-tha. It is easy to envision what could be done on this very usable 17.5 Perches of New Farm s finest and the opportunities are endless. So let your imagination and architect run rampant to create your forever home and take advantage of this remarkable offering.
In all reality it is difficult to imagine overcapitalizing with such an incredible block in an area that is always in strong demand. At the top of the leafy Teneriffe Hill, any future development will have the benefit of a location that offers the most tranquil and picturesque surroundings in cosmopolitan inner-city New Farm. Make no mistake; this golden strip of land is the last of its kind. Another block of this size with this location simply does not exist. A priceless view that will never be built out plus access to Brisbane s tightly-held area makes this a truly rare offering. This one will move fast buyers!

A lazy drive around New Farm will confirm your decision to reward yourself with an opportunity to purchase one of the single most significant land listing for 2015.
NB: Grass Indicative Only

Property History for 7 Teneriffe Dr, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,900,000
22 May 2015
  • 22 May 2015
    Sold for $1,900,000
  • 30 Apr 2015
    Listed for Sale WEDNESDAY, 3RD JUNE FROM 6:00PM, IN ROOMS
  • 19 Nov 2014
    Sold for $1,755,000
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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 26.59% increase in median value, while Units have seen a 95.66% increase. As at 28 February 2026:

  • The median value for Houses in Teneriffe is $2,503,827 while the median value for Units is $1,265,715.
  • Houses have a median rent of $800 while Units have a median rent of $800.
There are currently 14 properties listed for sale, and 15 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.