OFF MARKET

317/38 Skyring Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 92m2
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Property Details for 317/38 Skyring Tce, Teneriffe

317/38 Skyring Tce, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 92m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
1940
Floor Size
78m2
Land Size
92m2
Local Government
Brisbane
Lot/Plan
317/SP141294

Last Listing description (June 2021)

To adhere to government restrictions, and to avoid missing out, please register with the agent prior to attending (Conditions apply).

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. Enjoy views of the Brisbane river from your Juliette balcony, with doors wide open to allow for that cool afternoon breeze.

Other Property Features:
- Well equipped kitchen with gas cook top
- Two sizeable bedrooms with built-in robes
- One bathroom with integrated laundry
- One secure car space
- Juliette balcony offering River views
- 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 a current rental income of $430 per week and low outgoings, with the building fully occupied.

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

Property History for 317/38 Skyring Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$455,000
06 Jan 2021
  • 06 Jan 2021
    Sold for $455,000
  • 18 Feb 2020
    Listed for Sale Offers Over $475,000
  • 01 Oct 2014
    Sold for $465,000
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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 3,771 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, 236 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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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.