OFF MARKET

124/38 Skyring Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 114m2
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Property Details for 124/38 Skyring Tce, Teneriffe

124/38 Skyring Tce, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 114m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1990
Floor Size
84m2
Land Size
114m2
Local Government
Brisbane
Lot/Plan
124/SP141294

Last Listing description (June 2021)

Located in one of Brisbane's highly desired suburbs, this Teneriffe apartment in "The Nouvelle" offers an exclusive lifestyle that will be envied by many. Nouvelle enjoys a prestige riverside location that offers everything you could ever need within arm's reach. Think of micro-breweries, Woollies, Standard Market Company, countless restaurants, cafes and bars, live music venues & cooking classes just outside your front door. The options are limitless.

Upon entering this apartment, you feel an immediate sense of comfort and space thanks to the high ceilings & natural light that radiates through to your open plan living/dining area. This apartment is one of only a few properties in the complex that offers a private balcony, perfect for soaking in some Vitamin D. The master bedroom spans across almost the entire length of the apartment, providing room to move and extra space for a study.

Other Property Features:

- Well equipped kitchen with gas cook top and new oven (installed in 2019)
- Large master bed with room for a study area
- Second bedroom with a large wardrobe (not fixed, can be removed or purchased with the property)
- Large bathroom
- New split-system air conditioning that was installed in Feb 2020
- One secure car space
- Private balcony
- Complex facilities include a fully equipped gymnasium, billiard room/entertainment space & sauna
- Great on-site management
-Intercom and lift access
- Walking distance to the Gasworks Retail & Dining Precinct, Brisbane Riverwalk, Teneriffe Citycat terminal

For investors, the rental returns are solid, with the building fully occupied, and outgoings are low.

For more information, or to book an inspection, please feel free to give Richard a call on 0434 420 856.

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Property History for 124/38 Skyring Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$455,000
28 Feb 2021
  • 28 Feb 2021
    Sold for $455,000
  • 30 Jun 2020
    Listed for Sale $474,000
  • 17 Mar 2020
    Listed for Sale OFFERS OVER $474,000
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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 3,793 properties. Over the last 5 years, Houses in Teneriffe have seen a 6.11% increase in median value, while Units have seen a 65.57% increase. As at 30 November 2024:

  • The median value for Houses in Teneriffe is $1,852,817 while the median value for Units is $1,007,377.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Teneriffe.

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