703/109 Commercial Rd, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

703/109 Commercial Rd
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 54m2
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Property Details for 703/109 Commercial Rd, Teneriffe

703/109 Commercial Rd, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 54m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2019
Floor Size
49m2
Land Size
54m2
Local Government
Brisbane
Lot/Plan
703/SP283277

Last Listing description (May 2023)

Impact Property are proud to present 703/109 Commercial Rd Teneriffe to the real estate market.
This sensational unit will blow your mind.
The unit offers

A great investment. Rent is currently at $735pw and will only increase if you are an Investor;
However, you can choose to move in to the unit in about 3 months when the lease ends;
The unit has full uninterrupted City Views;
The unit comes with one secure Car Park;
The unit is in an enviable location;
The unit was built with an attention to detail;
The unit encompasses luxury;
The unit offers you a great lifestyle that is near the City and also many Cafes, Bars, Shops and places to spend time with your loved ones;
The complex has a fantastic roof top that is perfectly designed to capture incredible Panoramic City & River views, an in-ground pool, two BBQ areas and an abundance of room to relax; and
* Low BC rates of $920.58 per quarter.

This Penthouse unit is on the corner of the prestigious "Fabric" building, overlooking the City. Being on the corner overlooking the intersection of Commercial Road and Florence Street, the unit is the highest and best unit in the complex in terms of position and views. This gives this unit a prime, elevated position.
You have spectacular full city views of the Brisbane CBD, suburbs near the City and the surrounds. These are vast from East to West. The view of the City is more spectacular at night.

Located on the 7th floor is this gorgeous One-Bedroom apartment comprising 60m2 of cleverly tailored, impeccably designed and well-designed private space including a bright and airy, oversized master bedroom with a full-wall of wardrobe space and a well-appointed and conveniently positioned bathroom incorporating vanity, mirror cabinet storage and large overhead rangehood shower.

Combining state of the art materials, this is an apartment rich in its detailing. The detailing incorporates dark timber-grain cabinetry that are interwoven with luxe and lustrous finishes including brushed brass shadowiness, metal framing and matte black fittings. There are additionally bespoke design elements such as an oversized barn door providing separation between entertaining and private zones while referencing Teneriffe's history and heritage.

A stylish and compact kitchen integrates Stainless-Steel appliances including Gas Cooktop, Hidden Rangehood, Wall Oven and Integrated Dishwasher located adjacent to quality Stone Benchtops. This unit also has generous cupboard storage space.

Both of the Living and Bedroom areas embrace vast stretches of glass, welcoming light into the unit. There is a shaded balcony that has full City views for your enjoyment.

With additional features including ducted air-conditioning, video intercom and a single car space in Fabric's secure lock up garage, access is granted via an integrated remote control and security fob which also allow you to ascend to your residence via the building's dual lifts.

Located atop Fabric's eclectic array of food and specialty shops including a trendy barber, artisan bakery, local coffee haven Caffeine Espresso, Tocco Italiano restaurant and the new Woolworths Metro, designed to fit with resident lifestyles while guaranteeing convenience and ease.

You'll absolutely love living at the heart of a vibrant and social neighbourhood. Teneriffe has a reputation to bakeries and food serveries, vintage retailers, craft breweries, niche service offerings and an eclectic culinary culture, as well as the area's famed annual Teneriffe Festival, all contributing to a close-knit village community feel.

Just footsteps from the bustling walking paths and bikeways that stretch along Teneriffe's riverfront all the way to New Farm Park, you'll find opportunities for regular exercise abound, while also positioning you just minutes from the city, Gasworks Plaza and New Farm's James Street designer fashion and restaurant strip should you wish to venture further afield.

A stylish and compact kitchen integrates a full suite of stainless-steel appliances including gas cooktop, concealed rangehood, wall oven and semi-integrated dishwasher positioned alongside quality stone benchtops and generous cupboard storage.

Both living and bedroom areas embrace vast stretches of glass, welcoming light and life in, while a shaded balcony offers a natural breakout space and vantage point from which to soak up the local atmosphere, an extension of your calm and collected inner urban retreat.

The unit includes ducted air-conditioning, a video intercom and a single car space.

The single car space is secure and near the building's dual lifts. You don't have to wait here for lifts.

The pool area is also spectacular. There are a multitude of private areas to chill out in, BBQ area with BBQ's that you would actually eat off, tables and chairs and also a very large Entertaining Area. This is the entire 8th floor. The floor was cleverly designed with Teneriffe Living and Entertaining in mind.



You can choose to move into the unit when the lease expires mid-July or rent it out again.


Come along to the view the unit to see why it has a higher rent than others in the building and nearby. The difference is of course the full City View.



Approx. charges are

Body Corporate fees: $920.58 per quarter
BCC Rates: $450.20 per quarter




Please contact Phil McGrath of Impact Property today on 0417 705 335 to discuss your interest in this unit, or attend an open house inspection.e inspection.

Property History for 703/109 Commercial Rd, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$560,000
21 Apr 2023
Listed for Rent
$420/w
25 May 2020
  • 21 Apr 2023
    Sold for $560,000
  • 31 Mar 2023
    Listed for Sale SOLD - $560,000
  • 07 Oct 2022
    Listed for Rent $650 / week
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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 3,799 properties. Over the last 5 years, Houses in Teneriffe have seen a 11.59% increase in median value, while Units have seen a 98.53% increase. As at 31 December 2025:

  • The median value for Houses in Teneriffe is $2,102,322 while the median value for Units is $1,237,281.
  • Houses have a median rent of $800 while Units have a median rent of $800.
There are currently 17 properties listed for sale, and 9 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 218 properties were sold in the past 12 months in Teneriffe.

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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.