$5.7 million Teneriffe riverfront garden apartment sale

$5.7 million Teneriffe riverfront garden apartment sale
Jonathan ChancellorDecember 7, 2020

A Teneriffe apartment has been sold for $5.7 million, having last sold at $3.6 million in 2010.

Set in the popular One Macquarie, it was first sold in 2005 at $4.1 million.

The garden apartment comes with four bedrooms, three bathrooms plus home office with a total space of 629 sqm.

It was recently refreshed with various upgrades.

It was sold through McGrath.

There was a recent $6.02 million record price paid for another garden apartment in the complex of 34 apartments.

There are 17 private marina berths and 200m of riverfront boardwalk.

It was in 2009 when the project received the award for Residential Building (High-rise over Three Storeys) $30 million to $60 million at the Master Builders Queensland Awards.

It was developed by the Seymour Group, comprising four individual buildings, in partnership with Queensland-based construction company Watpac to produce a $130 million project.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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