132/71 Beeston Street Teneriffe QLD 4005

Spacious 84m² one-bed in Ellington| Price guide nears $1M| Quiet cul-de-sac privacy| Study boosts versatility |This 1-bedroom apartment with 84m² floor area in the Ellington complex suits professionals or couples seeking functional inner-city living near the river and cafes. Positioned quietly within a solid mid-rise complex on a peaceful cul-de-sac, it delivers practical space through open-plan living that extends to a generous entertainer’s balcony, ideal for low-maintenance daily use. The inclusion of a large study or potential second bedroom sets it apart from tighter one-beds, offering flexibility for home offices in a work-from-home era. In the Ellington’s established lineup of well-built units, this one aligns with recent sales on Beeston Street where similar apartments have traded briskly around the $1 million mark. Buyers drawn here are typically downsizers or young professionals who value proximity to the Brisbane Riverwalk and James Street precinct without the upkeep of a house. Its last sale in 2014 underscores steady capital growth, as Teneriffe’s riverside demand has lifted one-bed values consistently. Secure parking and internal laundry add everyday convenience that appeals to long-term holders. Market positioning reflects tight supply of spacious one-beds under 90m², positioning it competitively against newer but smaller rivals nearby. Long-term appeal lies in the complex’s reputation for liveable layouts and walkable access to transport and schools like New Farm State School.