17 Skyring TerraceTeneriffe QLD 4005
Property Details for 17 Skyring Tce, Teneriffe
Last Listing description (April 2023)
JLL are please to exclusively present for sale 'Riverside Quays' - 17 Skyring Terrace, Teneriffe.
Riverside Quays is the last remaining riverfront site within Brisbane's most exclusive suburb, Teneriffe. It offers unrivalledscale, favourable existing zoning and an opportunity to deliver a project that leaves a lasting legacy.
This rare offering includes the following key attributes:
Generational Offering : Riverside Quays is one of Brisbane's largest infill development sites situated on an expansive 17,612sqm* riverfront land holding with an existing 6,135sqm* wet lease.
Teneriffe Brisbane's Most Expensive Suburb : Opportunity to deliver a project of scale in Brisbane's most expensive residential postcode, with an average detached house price exceeding $2,900,000*.
Waterfront Defining Opportunity: Offering an extensive 210m* of direct river frontage, Riverside Quays presents an opportunity tocurate the missing piece of Teneriffe's activated waterfront at a scale that is never to be repeated.
Brisbane Growth : Record levels of infrastructure investment and positive interstate migration into Queensland underpin a strong growth forecast in the approach to the 2032 Olympic Games.
Growing Premium Demand: In the last 5 years, Brisbane's premium apartments (>$3million) have experienced unprecedented demand with an average increase of 22% p.a. While Brisbane's apartment supply levels have decreased by 31% p.a. over the same period.
Significant Development Potential: Favourable Mixed-Use Zoning of the site offers flexibility in development outcomes^.
For Sale via International Expressions of Interest, closing Thursday 29th of September 2022 at 4pm AEST.
Property History for 17 Skyring Tce, Teneriffe, QLD 4005
- 18 Aug 2022Listed for Sale Please Contact Agent
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0About 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.
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