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QLD › Teneriffe › Skyring Tce

114/8 Skyring Tce, Teneriffe QLD 4005

For saleApartment

$845,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $845,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $845,000(Listing record · 14 July 2026)
  • CalculationAsk is 80% below the Teneriffe median recorded sale ($4,275,000, n=8, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Teneriffe's advertised median rent ($755/wk), implied gross yield would be 4.65% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$845,000

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.

See the full Teneriffe report →

Vs Teneriffe

-80.2%

Median sale

Suburb $4,275,000

+3.73 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.

Total cost to purchase

Purchase Price
$845,000
Stamp Duty (Queensland)
$31,050
Transfer/Registration Fee
$3,368
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$883,118

$38,118 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Teneriffe's advertised median rent — not a rent for this listing.

Net yield
3.15%
Annual cashflow (pre-tax)
$-17,355
Interest cover (DSCR)
0.61
Annual rent
$39,260
Operating expenses
$12,675
Loan amount
$676,000
Annual interest
$43,940
Gross yield
4.65%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$845,000available14 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Teneriffe in one glance

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.

See the full Teneriffe report →

Keep researching

  • Why Teneriffe? Read the area thesis →
  • What else is on the market in Teneriffe →
  • Other records on Skyring Tce →

Listing material

Listed by Percival Property Group

(INDUSTRIAL HERITAGE + QUIET RESTRAINT IN THE W4 WOOLSTORE)

Unit 114 is a one-bedroom residence, where original industrial character has been paired with an elegant yet understated renovation.

Set within the W4 Woolstore on the Teneriffe–Newstead border, this apartment reads as a study in restraint. Exposed brick and concrete ceilings are left to do the talking, while timber floors and cabinetry bring warmth into a palette that never overreaches. The result is a home that feels considered rather than styled - settled into itself, and easy to live in.

(PROPERTY SNAPSHOT)

Read the full description

– 1 Bed

– 1 Bath

– 1 Car

– 68 SQM

– 13 SQM external balcony

– 3.1 metre high ceilings

– Ducted air-conditioning

The apartment opens onto an inviting living and dining space beneath 3.1 metre high exposed concrete ceilings, with a full-height gallery hanging system that lets artwork rotate as easily as the seasons. The kitchen sits comfortably within this footprint, with a full-height pantry, ample bench and storage space, and a pyrolytic self-cleaning oven and gas cooktop - practical enough for daily use, yet designed to blend into the wider room when it's not.

Beyond the sliding doors, the balcony holds its own as genuine outdoor living: large enough for a dining setting and a lounge chair, shaded through the day, and framed by exposed brick and greenery that gives the whole apartment its particular sense of quiet.

The bedroom is positioned at the front of the apartment and slightly elevated, separated from the living area by a run of bi-fold shutters that offer privacy on a whim without shutting out light or air. A ceiling fan, built-in wardrobes and additional cabinetry round out a space that's as comfortable as it is well considered.

The bathroom has been recently renovated with travertine natural stone floor tiles and a shower-over-bath configuration. The laundry - also renovated - has been fitted with its own built-in linen and storage cabinetry, a small but telling detail in an apartment where nothing feels like an afterthought.

Practical inclusions round out the offering: a new ducted air conditioning system, excellent cross-ventilation, and a secure car space.

The location does much of the remaining work - the Teneriffe boardwalk, ferry and bus terminal across the road, James Street precinct and Gasworks Plaza within walking distance, and major roads and motorways close enough to make the Brisbane CBD and airport equally accessible.

Discover a turnkey home, ready for its next chapter.

(BUILDING FEATURES)

– 18 metre heated lap pool,

– Fully equipped gym

– Secure building with onsite management

– Ample visitor parking

(SUBURB FEATURES)

LIFESTYLE

– Multitude of cafés, restaurants, bars and specialty shops

– Walking distance to Teneriffe boardwalk, Gasworks Plaza + James Street Precinct

– Proximity to 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

– 15 km (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 Ben Percival, Percival Property Group — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.