89/139 Commercial Rd, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 102m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.
Ideally situated in the highly desirable complex 'The Cannery' Residence 89 offers the ultimate opportunity for the savvy buyer. Only a stone's throw from some of Brisbane's top restaurants, cafes, shopping and entertainment, you won't need the car to enjoy all that this fantastic location has to offer.
The apartment is the epitome of New York loft-style chic. Soaring ceilings, exposed beams and massive windows make this apartment stand out from the crowd. The modern kitchen boasting stainless steel benchtops, electric cooktop, dishwasher ample storage and space for a butcher's block island that can double as a breakfast bar. The open plan living area is the perfect space to entertain and is sure to impress your friends with its stunning details and soaring ceilings. The covered balcony completes the space and has tranquil views of the lush complex.
The apartment boasts two generous bedrooms, with the master enjoying loft-style soaring timber beam ceilings, ceiling fan, walk-in-robe and ensuite. Bedroom 2 is the perfect space for a second bedroom or home office. Both bathrooms are neutral and contemporary with plenty of storage.
The grounds of The Cannery are perfectly maintained, with leafy walkways, peaceful outdoor common areas and even a small communal library to enjoy. The sparkling resort style pool has recently been refurbished and is the ultimate space to enjoy the Queensland summer sun!
Currently tenanted until 26/01/26, it generates a strong rental return of $720 per week. Don't miss this incredible opportunity to either secure your new investment property or move in at the end of the tenancy.
Apartment Features:
- Iconic Brisbane building
- Loft-style apartment split across 2 floors
- Spacious 102m2 floor plan
- Soaring ceilings, large windows and exposed timber beams and timber ceilings are cornerstone of this unique apartment
- Stylish kitchen with stainless steel benchtops, high quality appliances, ample storage and timber floors
- Open staircase creates unique industrial feature
- Master bedroom on the upper level with ceiling fan, walk-in-robe and ensuite
- Bedroom 2 on the lower level with ceiling fan and large built-in-robes
- Contemporary bathrooms with plenty of storage
- Covered balcony flowing straight from the living area
- Pet Friendly complex
- Currently tenanted for $720 per week until Jan 26' with quality long term tenants
'The Cannery' Building Features:
- Central resort style swimming pool with sun lounges
- BBQ facilities
- Gym
- Landscaped gardens and communal spaces
- Intercom and secure access
- Onsite visitor parking
Location and Transport:
- Only a stones throw to the Brisbane River and Riverwalk
- Only 2km's to Brisbane CBD
- Walking distance to Gasworks and James St featuring some of the best cafe's and restaurants Brisbane has to offer
- Walking distance to New Farm Park and Powerhouse
- Public transport on your doorstep with multiple bus options and Teneriffe Ferry Terminal
Please contact Blair on 0468 791 950 or blair@gtpartners.com.au for further information and to book an inspection of this property.
*Every care and due diligence has been taken in the preparation of this listing. The agency and owner assume no responsibility for the accuracy of the content, and encourage all prospective buyers to conduct their own research.
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 3,797 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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