SOLD
Sold on 26 Feb 2024 for $660,000

339/8 Skyring Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 58m2
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Property Details for 339/8 Skyring Tce, Teneriffe

339/8 Skyring Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1936. The property has a land size of 58m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1936
Floor Size
58m2
Land Size
58m2
Local Government
Brisbane
Lot/Plan
339/SP166476

Last Listing description (August 2024)

Nestled in the highly sought-after 'W4' complex in Teneriffe, this distinctive split-level apartment presents an opportunity to invest in a rapidly growing area. Positioned to the northeast, the apartment boasts refined interiors, elevator access, and access to resort-style amenities. Its prime location offers convenient access to boutiques, dining establishments, and cafes, all within walking distance.

This apartment seamlessly combines the charm of heritage-style elements with modern design. Quality hard timber floors, sash windows, pristine white interiors, and exposed brick feature walls create an elegant atmosphere. Abundant natural light fills the space, accentuating the impressively high ceilings adorned with exposed beams.

The well-thought-out layout includes one spacious bedroom, a stylish bathroom, zoned ducted air-conditioning, ample internal storage, and a secure car space. Situated in the heart of Teneriffe, the property provides a cosmopolitan lifestyle, just 3.4km from the CBD. Conveniently located near the Teneriffe CityCat, bus stops, and the renowned Riverwalk, residents enjoy easy access to transportation and scenic walking paths along the water to New Farm Park and the Powerhouse. The surrounding area boasts an array of cafes, restaurants, and bars, with Gasworks and James Street nearby for boutique shopping, dining, and entertainment.

Additional features of the property include a reasonable Body Corp fee of $5,965.68 covering administration, sinking funds, and building insurance. As of June 11, 2023, the Sinking Fund Balance is $514,753.79.

Key highlights:

Riverside apartment in the W4 Woolstore, Teneriffe
Spacious living and dining area with cathedral ceilings
Well-equipped kitchen with stainless steel oven, dishwasher, and gas cooktop
Enjoy river breezes and glimpses of the water and Bulimba
One bedroom with a walk-in wardrobe, one bathroom, and concealed laundry
Secure car space in the building with on-site management and visitor parking
Building amenities include a heated 18m lap pool and a gym
Proximity to Teneriffe Riverwalk, CityCat, and bus stops (140m away)
Walking distance to cafes, restaurants, Gasworks, and James Street.(Listing ID: 21126599 )

Property History for 339/8 Skyring Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$660,000
26 Feb 2024
Listed for Rent
$610/w
21 Aug 2023
  • 26 Feb 2024
    Sold for $660,000
  • 15 Feb 2024
    Listed for Sale FOR SALE
  • 11 Apr 2023
    Listed for Rent $610 / week
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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 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Teneriffe.

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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.