Home/Properties/Teneriffe/209/88 Macquarie Street
209/88 Macquarie Street, Teneriffe$2.10m
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209/88 Macquarie Street

Teneriffe, QLD 4005, Australia
$2.10m
3 bed 2 bath 1 car135 m²

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About this property

*Please enter via Dakota South entrance for inspections Unit 209 in the Dakota Woolstore presents a unique opportunity - a generous 135 SQM, three-bedroom residence that has been freshly renovated. It is the blank canvas that saves buyers the time, cost and coordination of a renovation. An enticing home, with nothing left to do but arrive and settle in. New low-maintenance oak flooring runs through the open-plan living and dining areas, fresh carpet has been laid in all bedrooms, and the entire apartment has been repainted in a clean, neutral tone. Nothing about the update feels prescriptive. The palette is deliberately neutral and the finishes understated, leaving the door open to personalise at whatever pace and scale suits. (PROPERTY SNAPSHOT) 3 King-sized bedrooms (all with built-in wardrobes) 2 Bathrooms 1 Secure car space 135 SQM East-facing aspect Brand new oak flooring Newly installed carpet in all bedrooms New LED light switches New high-quality fans throughout Large sash window Exposed brick wall + timber beams Industrial feature lighting throughout Galley-style kitchen Stainless steel kitchen bench tops Gas cooktop Corner walk-in pantry Throughout, the Woolstore's heritage bones remain very much intact: exposed brick, original timber beams, soaring ceilings, and a large sash window that frames an east-facing outlook over the leafy streetscape of Macquarie Street. Against the freshly finished interiors, those industrial details feel considered rather than incidental; character that no budget can manufacture. The floor plan is generous and well-proportioned. An expansive open-plan living and dining zone draws natural light from the east throughout the day. The galley kitchen is a standout feature: a large island bench, stainless steel benchtops, gas cooktop, and a corner walk-in pantry offering storage and practicality that is rarely seen in apartment living. All three bedrooms are king-sized with built-in robes and freshly installed carpet, an immediate comfort that owner-occupiers and tenants alike will appreciate from day one. The main bedroom sits privately at the front of the apartment looking out over Macquarie Street, with a walk-through robe and a well-appointed ensuite. The second bedroom is well-separated from the living areas, making it equally suited to a child, a flatmate or visitors. The third adapts effortlessly - home office on Monday, guest room by the weekend - without compromising the liveability of the rest of the apartment. A main bathroom with shower over bath, dedicated laundry, and linen storage complete a floor plan that functions as well as it presents. A secure car space, lift access, and building amenities including a residents' pool and gym round out the offering. For investors, the fundamentals are strong. Teneriffe's unit market has recorded close to 15% value growth in 2026 so far; a reflection of tightly held stock, robust rental demand, and a suburb that consistently attracts quality tenants. An apartment of this size, freshly updated and immediately rentable, is a sound proposition in one of Brisbane's most sought-after inner-city precincts. Teneriffe itself needs little introduction. One of Brisbane's most tightly held inner-city suburbs, it sits just 2 kilometres from the CBD along a sweeping bend of the river - close enough to walk or cycle into the city, removed enough to feel like a suburban neighbourhood. The streets are lined with heritage Woolstores and some of Brisbane's most popular cafés, bars and restaurants. James Street is minutes away, New Farm Park, the Riverwalk, and public transport are all within easy reach. It is a suburb that draws a particular kind of buyer and tenant - one who values character, convenience, and a genuine sense of place - and that consistent demand is precisely what underpins its long-term performance as an investment location. Whether you seek the Teneriffe lifestyle without the renovation headache, ready to downsize into a home that offers quality living and an unbeatable location, or an investor looking for a high-performing asset in one of Brisbane's most sought-after suburbs - Unit 209 delivers on every count. (BUILDING FEATURES) Onsite management Well-maintained complex Lift access Secure intercom access Residents' lap pool Residents' gym Manicured garden Diverse retail spaces on the ground floor (SUBURB FEATURES) LIFESTYLE Multitude of cafés, restaurants, bars and specialty shops Walking distance to Gasworks Plaza + James Street Precinct Walking distance to Riverwalk, New Farm Park + Howard Smith Wharves Easy access to public transport network Easy access to ICB + Kingsford Smith Drive, M7 + Airport Link Tunnel TRANSPORT 4 km (15 min drive) to Brisbane CBD 15 km (20 min drive) to Brisbane Airport 2 km (5 min drive) to Bowen Hills Train Station Teneriffe CityGilder (bus) and CityCat (ferry) terminal + BCC Bus stop EDUCATION New Farm State School + Fortitude Valley State School Catchment zone Proximity to Holy Spirit Primary School New Farm + All Hallows School Short drive to Brisbane Grammar School, Brisbane Girls Grammar School + other inner-city private schools (DISCLAIMER) While we have taken all reasonable care to ensure the accuracy of the information in this advertisement, we do not accept any responsibility and disclaim all liability for errors, omissions, inaccuracies or misstatements. Prospective buyers are encouraged to conduct their own enquiries to confirm the details provided.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Land Area
135 m²
Listed
3 months ago

Repayment calculator

$10,181/month
$5,090 /fortnight
Loan $1,680,000 at 6.10% over 30 years

Upfront costs

Deposit$420,000
Stamp duty$101,275
Conveyancing (est.)$2,000
Total upfront$523,275
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Teneriffe

This 3-bedroom apartment in Teneriffe, QLD 4005 sits within reach of public transport, local shops local amenities. It is listed 45% above the $1.45m median of 57 comparable apartmentswithin 5 km.

What's nearby

  • Macquarie St at Mercantile Place, stop 14 (bus)46 m away
  • Woolworths Metro578 m away
  • Catalina Park87 m away
  • Unnamed236 m away
  • Teneriffe Park248 m away

Teneriffe at a glance

Full suburb profile
Population
5,520
Median age
37
Household income
$2,645/wk
Median rent
$510/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Teneriffe price trend

Median sold · Unit 3 bed

Compound growth +10.3% / yr over 4 yrs

$1.78mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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