Teneriffe

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The iconic Giraffe Manor residence at Teneriffe has been listed for sale.

The 2.7 metre giraffe stands out of the front of the home at 37 Macquarie St, Teneriffe which last sold for $5.1 million in 2017.

The home has four bedrooms, a pool, cellar, rumpus and a kitchenette on the ground level.

The three-level home on 614sqm  has again been listed by Hamish Bowman and Matt Lancashire at Ray White New Farm.

When the original owners moved into the house seven years ago, a joke about a zoo-like enclosure on the front lawn resulted in the landscaper delivering a truckload of fake animals.
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The 2.7 metre giraffe stands out of the front of the home which last sold for $5.1 million in 2017.



jchancellor

Giraffe Manor at Teneriffe listed

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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.
<a href="https://www.realestate.com.au/sold/property-apartment-qld-teneriffe-134162478" target="_blank">The garden apartment</a> 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.
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jchancellor-FAypfDUnLy

$5.7 million Teneriffe riverfront garden apartment sale

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A submarine-inspired luxury residential development has surfaced in Teneriffe. 
Developer Visie Properties announced the official launch of its newest project, the $20 million Obsidian residences.
Just completed and for sale now, the development is located just three kilometres down-river from the Brisbane city heart.
Visie CEO Warren Swanston said the project was receiving very strong off-the-plan sales enquiry levels from local buyers.
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Designed by award winning architects Hayes Anderson Lynch, Obsidian reflects the riverside precinct’s rich maritime history. 
The building profile evokes a submarine’s cross-section – homage to 1940s history when the local wharves played a vital role in the war effort as a maintenance hub for the US Navy.
“The aim has been to create an architectural piece of art, intertwining generations by honouring Teneriffe’s history while pushing the boundaries in contemporary city living,’’ Swanston said. 
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Obsidian features 13 luxury apartments including a collection of three and four bedroom residences and penthouses ranging in size from 160 to 300sqm and in price from $1.3 million to $2.6 million.
Apartments are characterised by the highest quality fixtures and fittings, connected spaces, spacious floorplans harnessing natural light and large balconies with city views. 
Penthouses offer expansive terraces, lofts, individual wine cellars, five-metre high ceilings, four car parks and 40 sqm storage space.
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j.ballantyne1990-6AQqhLzZaK

Teneriffe submarine-inspired apartments for sale

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The Teneriffe restaurant and bar space of Streetcorner Jimmy, in the London Woolstore building, has sold at auction for $1.34 million.
The ground floor commercial premises at 36i Vernon Terrace had strong interest from a range of different investor profiles
Bidding began at $1 million, with seven bids taking the final sale price to $1.34 million.
The sale reflected around a 7.3 per cent yield.
“We had more than 65 people enquire about the asset and that culminated in three registered bidders battling it out on the day,” Ray White agent Michael Feltoe said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/17/36%20Vernon%20Terrace.jpg" alt="">    "Fundamentally, the investment ticked all the boxes, an unrivalled corner location in a high-traffic area and a landlord friendly lease to a high-quality tenant, who's performing exceptionally well."
The 140 sqm internal area and 75 sqm outdoor space has recently undergone an internal refurbishment, paid for by Streetcorner Jimmy, to create a rustic, urban space.
They restored the unique character features of the building, with complementing modern elements.
Streetcorner Jimmy have a five-year net lease until 2023 with a fixed four per cent annual increase.
They have options until 2034 and are currently paying $98,800 + GST per annum.
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jrobinson-rf4aSBido9

Streetcorner Jimmy premises in Teneriffe sells at auction

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The restaurant and bar space currently tenanted by Streetcorner Jimmy in Teneriffe's converted London Woolstore has been listed for sale.
The ground floor commercial premises at <a href="https://www.commercialrealestate.com.au/property/i-36-vernon-terrace-teneriffe-qld-4005-2015488394" target="_blank">36i Vernon Terrace</a> has recently undergone an internal refurbishment paid for by Streetcorner Jimmy to create a rustic, urban space.
They restored the unique character features of the building, with complementing modern elements.
Streetcorner Jimmy have a five-year net lease until 2023 with a fixed four per cent annual increase.
They have options until 2034 and are currently paying $98,800 + GST per annum.
<img class="m_-2767445539486946443cbT-content-image m_-2767445539486946443cbT-upload-drop-target" src="https://f.datasrvr.com/f1/019/16410/36_Vernon_Terrace,_Teneriffe_-_(7)-2.jpg" alt="" width="640">
The property has a 215 sqm building area, made up of 140 sqm internal and 75 sqm undercover outdoor dining area.
There's a secure park in the building's parking facility.
Ray White Commercial Queensland agent Michael Feltoe has a September 6 auction.
"Fundamentally, this investment ticks all the boxes, an unrivalled corner location in a high traffic area and a landlord friendly lease to a high quality tenant who is performing exceptionally well," Feltoe said.
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The original Woolstore was designed in the early 1910's by acclaimed architect Robin Dods.
Walls &amp; Juster built the heritage-listed Vernon Terrace warehouse for Australian Mercantile Land &amp; Finance (AML&amp;F) who had purchased the land in 1910.
The original Hall &amp; Dods architectural plans included a second store, which was built around a decade later.
The property was sold in 1980 to Pacific Fire Protection, which used level three for customer storage, while leasing level four to TL Tourrier &amp; Co. Pty Ltd Woolstore.
The Brisbane City Council's Teneriffe Development Plan suggested recycling the buildings as a wool exhibition and tourist centre, however, in 2004, the Australian Property Growth Fund purchased the building and refurbished it to create 89 apartments.<a href="https://en.wikipedia.org/wiki/Australian_Mercantile_Land_%26_Finance_Woolstores#cite_note-2"> </a>
Push Architecture designed the redevelopment.
The Federation era, four storey, brick and timber warehouse is capable of storing 14,000 wool bales.
 
 
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Streetcorner Jimmy premises in Teneriffe's London Woolstore for sale

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Entrepreneur Jordan Grives is selling his Teneriffe apartment.
Grives paid $1.8 million for the three bedroom loft-style apartment just over 12 months ago shortly before selling his previous two bedroom apartment nearby.
Set in the Winchcombe Carson Woolstore, the top level apartment spans 265 square metres and has a built-on library, fully-equipped wet bar, a pool room, rumpus room and a large deck.
Ray White New Farm agents Matt Lancashire and Ben Percival have the listing.
Grives and his partner Amelia and their two Maltese cross poodles Ari and Coco are renting in New Farm.
Grives said they may build something, but will stay in Brisbane. 
Earlier this year Grives sold Fone Dynamics, the messaging and call analytics company he founded, for around $8.4 million.
In 2016 he pocketed $30 million when he sold his Fonebox enterprise to J2 Global, the NASDAQ-listed American internet services business.
This article was first published in the Weekend Australian. 
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firstname1-iYD4UYzvBa

Brisbane entrepreneur Jordan Grives to offload designer Teneriffe apartment

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A NSW investor has acquired a Teneriffe, Brisbane retail investment property.
It was the strata ground floor retail unit that houses The Dalgety Public House at 8-9/110 Macquarie Street.
It was bought for $1.91 million under the hammer through Ray White Commercial agent Michael Feltoe.
The campaign produced 67 inquiries. 
<a href="http://www.dalgetyhouse.com.au/" target="_blank">The Dalgety Public House</a> is a country-meets city gastropub in the base of the 1950s red brick Dalgety and Co’s no 3 Woolstore in Teneriffe.
It hasn’t been vacant in over 20 years, Feltoe said.
The property on the corner of Florence St, has a total area of 257 square metres. The sale realised a 7.21% yield.
It is on the ground floor of Teneriffe Village which is listed on the Queensland Heritage Register.
Built in the mid 1950s by Dalgety &amp; Co, the building housed Paddy’s Market in the 1980s.
The building was then converted into apartments and ground floor retail as part of an urban renewal process which saw Teneriffe officially become a suburb in 2010.
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Dalgety Public House gastropub in Teneriffe sold to NSW investor

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Brisbane's weekend clearance rate sat at 50 percent.
Its top weekend sale was a <a id="x_mcntLPlnk575404" href="https://www.realestate.com.au/property-house-qld-teneriffe-128312478" target="_blank">five bedroom Teneriffe offering</a>, Riverview that fetched $4,405,000.
There were seven registered bidders at the Sunday afternoon auction through McGrath agent Henry Hodge.
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It last sold in 2007 at $3.4 million.
The Teneriffe Drive home was on a 700 sq m holding.
It was Teneriffe’s highest sale for a non-riverfront property in the past 12 years, Hodge said.
Nearby 61 Teneriffe Drive sold at $4.6 million in 2006.
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$4.4 million Riverview, Teneriffe Queensland sale

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A four bedroom riverfront Teneriffe house sold for $4.8 million at weekend auction making it Brisbane’s most expensive weekend result.
Located at <a href="https://www.realestate.com.au/property-house-qld-teneriffe-126138898" target="_blank">77 Macquarie Street</a>, it ranks among Brisbane’s most exclusive real estate.
Built in 2001, it last sold for $3.785 million in 2014 featuring three levels of riverfront living with views.
The master suite has a walk-in robe as well as ensuite along three other bedrooms.
There is also a study and multiple living areas.
The property has 365 sqm of riverfront allotment with 488 sqm of living space.
There are also TV room/library and outdoor area.
Other features includes three car lock up garage, garden and wine storage.
The property was offered through Ray White agents Matt Lancashire and Brandon Wortley for the real estate developer and horse enthusiast Jon Haseler.
Haseler, who owns leading stud Glenlogan and is the managing director of QM Properties, paid $3,785,000 for the home on the Macquarie Street riverfront in 2014.
The 490 sqm freehold residence with cutting edge design is one of 23 in the Catalina development.
The home comes with games room.  
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Riverfront Catalina, Teneriffe house, Catalina, sold for $4.8 million

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One of Brisbane's most renowned artists, Matt Stewart, and his award-winning hairstylist wife Anna have listed their Teneriffe apartment, artwork included.
The couple have spent 10 months completely <a href="https://www.realestate.com.au/property-apartment-qld-teneriffe-123944058">renovating the loft apartment</a> that cost them $432,000 in 2013.
Located in the Woolstore building, the one bedroom apartment now comes with a new kitchen, bathroom, lighting and hardwood flooring.
The mezzanine level features a master bedroom that is met by a home office, which can double as a second bedroom with a hideaway retractable bed.
The Cullen Hotel in Prahran in Melbourne was their inspiration for the renovation.
He said he couldn't take the art work with him because its a feature of the apartment.
Stewart said the batman mural is his favourite piece of artwork in the apartment that spans the entire living room wall.
One of his most recognisable pieces of art work in the Indian Headpiece that featured on The Block. A version hangs on the dining room wall.
Matt, who has done work for Megan Gale and Coca-Cola, is famous for his work with Disney, Cirque du Soleil and Tiger Beer.
His wife Anna is the owner of the White Gold Boutique.
Place New Farm agents Aaron Woolard and Anissa Lamond have a November 17 auction date.
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