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
$800,000
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
$800,000
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
-81.3%
Median sale
Suburb $4,275,000
+3.99 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.
$35,860 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 4.9%. 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 GroupThis single-level residence in the Mactaggarts Woolstore offers an opportunity to secure an authentic piece of Teneriffe's rich history. Combining timeless industrial character with a highly functional layout, Unit 82 exudes the rich architectural warmth that makes Woolstore apartments so uniquely coveted.
Ideal for first home-buyers or investors looking to expand their inner-city portfolio, this unit's convenient layout offers privacy without compromising on living space. It is a home steeped in original heritage charm, while still inviting the next owner to add their own personal touch.
(PROPERTY SNAPSHOT)
– 1 Bedroom
– 1 Bathroom
– 1 Secure car space
– 69 SQM
– Single-level layout
– Iconic exposed heritage brick walls
– Original timber beams
– Double-hung large sash windows
– Excellent separation between living and bedroom zones
– Direct riverfront building access
The heart of the home is the open-plan living and dining zone, a versatile canvas defined by its scale and texture. Iconic exposed brick walls, original timber beams, and a generous sash window flood the space with natural light and character.
Integrated seamlessly into this zone is a minimalist galley-style kitchen that makes intelligent use of its footprint, and presents an exciting opportunity for a sleek modern refresh or a complete redesign down the track.
A standout feature of the floor plan is the deliberate separation between the social and private spaces. A central bathroom and laundry serve as a natural privacy buffer at the heart of the apartment, ensuring the bedroom, positioned just off the entry hallway, remains a quiet, peaceful retreat entirely removed from the main living area.
Whether you embrace the apartment's current charm or unlock its potential through a bespoke contemporary transformation, the structural foundations are perfectly in place.
Living in the landmark Mactaggarts Woolstore means embracing an unparalleled riverfront lifestyle. Residents enjoy lush manicured gardens, a stunning riverside pool, and direct access to the Brisbane River boardwalk. With Teneriffe's vibrant cafe culture, award-winning dining, and public transport all just steps away, this is the perfect opportunity to secure a character-rich home with an enviable address.
(BUILDING FEATURES)
– Only direct riverfront Woolstore
– Residents' garden, in-ground pool + BBQ areas overlooking the Brisbane River
– Immediate access to Teneriffe Boardwalk
– Excellent proximity to CityCat Ferry terminal, CityGlider + bus terminal
– Secure parking
– 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.