Striking presence on Teneriffe Hills sells
CONTRACTS have just exchanged on the grand family home at 48 Teneriffe Drive, Teneriffe with an unrivalled mix of size, position, build quality, technology and off street parking for over $4 million.
Selling agents Ray White New Farm principal Matt Lancashire and agent Nicholas Given said the massive three storey house had a whopping 520sq m of living space under roof.
“The value for the buyer with this particular purchase was the sheer size of the house and volume of land. There’s a massive 1103sq m all up, plus two street access from Teneriffe Drive and Waverley St and the ability to develop further,” Mr Given said.
“It’s particularly rare to secure a house in Teneriffe or New Farm on this massive land size,” he said.
“Futhermore, the block is currently approved to be split, so the purchaser can potentially build another dwelling facing Waverley St.
“Land is becoming more and more scarce, they’re not making more of it. This house was built circa 1990 and was built on particularly solid foundations.
“It has that 1990s feel that is quite charming and spacious. The buyer will more than likely modernise it in time.
“It really is an incredible family home that will always have a striking presence on Teneriffe Hill.”
For high res images of 48 Teneriffe Drive, Teneriffe, click here