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 › Vernon Tce
$859,000
For sale
Asking
1
Bedrooms
1
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
$859,000
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
-79.9%
Median sale
Suburb $4,275,000
+3.65 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.
$38,794 on top of the price (4.5% 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 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
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 GroupUnit 43 offers sophisticated Woolstore living, seamlessly blending timeless heritage architecture with contemporary industrial design. From the moment you step inside, the dramatic scale, beautiful timber flooring, and abundant natural light create an irresistible inner-city residence that feels both grand and welcoming.
Positioned quietly at the rear of the historic London Woolstore, this rare corner apartment maximises every inch of space to deliver effortless functionality. The home showcases magnificent double-height ceilings, original black timber trusses, and classic whitewashed brick feature walls that run the full length of the property. Wrapping around the apartment are show-stopping, oversized arched picture-frame windows - a rare feature that frames a peaceful outlook while bathing the entire space in beautiful natural light.
(PROPERTY SNAPSHOT)
– 1 Bedroom
– 1 Bathroom
– 1 Car space
– 56 SQM
– Corner position
– Built-in study nook
– Original exposed timber trusses + brick walls
– Timber floors
– Double-height ceilings
– Arched picture-frame windows
– Sleek galley kitchen
The open plan living and dining area converges seamlessly with the sleek, minimalist galley style kitchen, creating an inviting hub to entertain or relax. The kitchen is elegantly appointed with stainless steel appliances, an integrated dishwasher, and a striking mirrored splash-back that elegantly reflects the room's character while amplifying the sense of space. This entire zone is beautifully framed by magnificent, oversized arched picture-frame windows, flooding the home with glorious daylight.
When it is time to unwind, the generous bedroom offers a peaceful and private retreat. It features two stunning arched character windows, soaring ceilings, and extensive mirrored built-in wardrobes that add to the room's bright and airy ambiance.
The adjacent bathroom is crisp and modern, styled with clean vertical tiling, a frameless glass shower, a contemporary timber-accented vanity, and a neatly tucked-away internal laundry cupboard. Smartly positioned nearby, a built-in study nook offers a dedicated workspace that blends seamlessly into the home without encroaching on your living areas.
Beyond your front door lies an enviable lifestyle; you are positioned in the absolute center of Brisbane's most vibrant suburb, just steps away from popular cafes, bars, and restaurants. Whether you are taking a morning stroll along the scenic Teneriffe Riverwalk, perusing the boutiques of the James Street Precinct, or enjoying an evening out at Howard Smith Wharves or the Brisbane Powerhouse, the absolute best of the city is right at your fingertips. With the Teneriffe ferry and bus terminals nearby and easy access to main roads, your daily commute is completely effortless.
(BUILDING FEATURES)
– Resort-style in-ground pool
– Vibrant array of street-level hospitality + retail spaces
– Secure car park
– Lift access
– Secure intercom access
– Onsite management
(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.