Teneriffe at a glance
6,307
People
$4,275,000
Median sale
$755/wk
Median rent
0.92%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
QLD › Teneriffe › Commercial Rd
$1,150,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,150,000
Asking
No recorded sale for this property.
Teneriffe at a glance
6,307
People
$4,275,000
Median sale
$755/wk
Median rent
0.92%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Vs Teneriffe
-73.1%
Median sale
Suburb $4,275,000
+2.49 pp
Gross yield
Suburb 0.92%
Suburb median $4,275,000 from 8 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
$55,114 on top of the price (4.8% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Teneriffe's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $755/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Teneriffe at a glance
6,307
People
$4,275,000
Median sale
$755/wk
Median rent
0.92%
Suburb gross yield
Median sale from 8 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Percival Property GroupGround-floor apartments in The Cannery's heritage wing rarely change hands. Unit 111 offers a split-level layout with a full-height void and the original timber trusses left exposed. This apartment presents the scale and industrial heritage that sets Teneriffe’s industrial conversions apart from traditional units.
(PROPERTY SNAPSHOT)
– 2 Bedrooms
– 2 Bathrooms
– 1 Car space
– 92 SQM (80 SQM internal | 12 SQM external)
– Split-level layout
– Two private ground-floor patios
– Original timber trusses
– Double-height void
Downstairs, private patios frame both sides of the apartment, with sliding glass doors allowing natural light and a breeze to travel through. The carpeted living and dining area sits beneath a full-height void, rarely seen in a courtyard apartment.
The galley-style kitchen sits beneath the mezzanine, with exposed timber beams echoing the timber floors below. Stainless steel bench tops run alongside streamlined cabinetry, with room to add a mobile island if desired.
Beneath the open-tread staircase, a nook can be configured as a study space or additional storage. At the rear of the property, the secondary bedroom enjoys its own en-suite and sliding-door access to a private patio, set apart from the main living zone.
Upstairs, the main bedroom overlooks the void below and enjoys a spacious walk-in wardrobe, a bathroom with a shower over bath and an integrated laundry and linen storage.
Residents enjoy exclusive access to a 25-metre lap pool with a large sundeck, a fully equipped gym, and manicured BBQ areas.
Beyond the gates, the best of Brisbane is at your doorstep. The Teneriffe Boardwalk is just 50 metres away for riverside strolls, while the high-end boutiques of James Street and shops at Gasworks Plaza are only minutes from your door. Whether you are looking for a blue-chip investment or a stylish residence, this property delivers the ultimate 4005 lifestyle.
(BUILDING FEATURES)
– 25 metre lap pool
– Plunge pool
– Sun decks
– BBQ area
– Landscaped gardens
– Equipped gym
– Secure intercom access
– CCTV
– Onsite management
(SUBURB FEATURES)
LIFESTYLE
– Multitude of cafés, restaurants, bars and specialty shops
– Walking distance to Gasworks Plaza + James Street Precinct
– Walking distance to Riverwalk, New Farm Park + Howard Smith Wharves
– Easy access to public transport network
– Easy access to ICB + Kingsford Smith Drive, M7 + Airport Link Tunnel
TRANSPORT
– 4 km (15 min drive) to Brisbane CBD
– 15km (20 min drive) to Brisbane Airport
– 2 km (5 min drive) to Bowen Hills Train Station
– Teneriffe CityGilder (bus) and CityCat (ferry) terminal + BCC Bus stop
EDUCATION
– New Farm State School + Fortitude Valley State School Catchment zone
– Proximity to Holy Spirit Primary School New Farm + All Hallows School
– Short drive to Brisbane Grammar School, Brisbane Girls Grammar School + other inner-city private schools
(DISCLAIMER)
While we have taken all reasonable care to ensure the accuracy of the information in this advertisement, we do not accept any responsibility and disclaim all liability for errors, omissions, inaccuracies or misstatements. Prospective buyers are encouraged to conduct their own enquiries to confirm the details provided.
Listing description written by Josh Hooton, Percival Property Group — reproduced as published, not verified by Districts.