A LANDMARK home, which sits at the highest point in Teneriffe has sold under the hammer for $4.405 million, one of the highest prices achieved in the suburb for a non-riverfront property in more than a decade.
The home, which dates back to the 1900s is on a corner block opposite Teneriffe Park, has city views and overlooks the Brisbane River.
Owner Megan Ward, bought the house at 32 Teneriffe Drive, Teneriffe, 11 years ago.
She said anyone who walked past wanted to see inside it.
“It has a grandeur yet as soon as you enter the door you feel welcomed. It’s been a very welcoming and gracious home to live in.”
In all seven bidders lined up to secure the house with bidding starting at $3 million before quickly increasing to $4 million before selling under the hammer.
The five-bedroom, three-bathroom, colonial is within walking distances of the Brisbane River, James Street and Gasworks.
It was marketed through Henry Hodge of McGrath Estate Agents.
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