OFF MARKET

123/38 Skyring Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 136m2
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Property Details for 123/38 Skyring Tce, Teneriffe

123/38 Skyring Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 136m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2003
Floor Size
110m2
Land Size
136m2
Local Government
Brisbane
Lot/Plan
123/SP141294

Last Listing description (May 2023)

The Nouvelle Apartments are perfectly located in the heart of Teneriffe, just across the road from the Brisbane River Walk and a block from Gasworks.

This immaculate apartment is an ideal home for an owner occupier and suitable for the astute investor, with an expected rental of $750 per week.

Upon entry you will be impressed by the flood of natural light entering from the wall of glass sliding doors to the balcony.

The open planned kitchen, living and dining room is very generous in size and has two newly installed reverse cycle air conditioning units.

The kitchen design is flawless and features stainless steel benchtops, including on a spacious island bench. There is a newly installed gas cooktop, oven and dishwasher and the design allows for ample wall and under cupboard storage.

As you move through the apartment you will find a sizeable office nook with a double door storage cupboard that is a perfect work from home space or library, as it is currently being utilized.

The oversized master bedroom is light and bright and features a walk through wardrobe to the modern ensuite with double shower, large vanity space and separate water closet.

Other features include:
- Airconditioned living and master bedroom;
- Floor to ceiling tinted windows with 3.5m ceilings;
- Retractable aluminum shutters;
- Updated kitchen with new gas cooktop, oven and dishwasher;
- Stainless steel benchtops;
- Intercom security and single secure carpark;
- A fully equipped gym, sauna and pool room is available to all residents.

BCC Rates - $430 per quarter
BC Fees - $1,332 per quarter
Rental appraisal - $750 per week

This apartment has it all and is a short walk to the bus, CityCat, Gasworks and dozens of cafes, dining & shopping options.

The Nouvelle is just 3km to the CBD and you have the bonus of living in upmarket Teneriffe with all the amenities moments away, including a multipurpose room with a meeting / media room, games room including a pool table and also a gym with sauna.

Don't miss this unique lifestyle home purchase or investment opportunity!

Property History for 123/38 Skyring Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$725,000
08 Apr 2023
  • 08 Apr 2023
    Sold for $725,000
  • 01 Apr 2023
    Listed for Sale Under Contract
  • 03 Dec 2010
    Sold for $530,000
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About Teneriffe 4005

The size of Teneriffe is approximately 0.9 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Teneriffe in 2011 was 4,700 people. By 2016 the population was 5,344 showing a population growth of 13.7% in the area during that time. The predominant age group in Teneriffe is 30-39 years. Households in Teneriffe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Teneriffe work in a professional occupation. In 2011, 41.6% of the homes in Teneriffe were owner-occupied compared with 42.3% in 2016.

Teneriffe has 3,769 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.18% increase in median value, while Units have seen a 66.73% increase. As at 31 October 2024:

  • The median value for Houses in Teneriffe is $2,045,362 while the median value for Units is $996,566.
  • Houses have a median rent of $858 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 21 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Teneriffe.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.