Back 8/8 Skyring Terrace
Off Market

8/8 Skyring Terrace

Teneriffe QLD 4005

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1
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Apartment
Kiko KouKiko Kou, last sold this property on 26 February 2024 after 27 days on market.

Overview

Sophisticated one-bedroom apartment in iconic Woolstores precinct

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. ID:21126599

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Teneriffe over the last 12 months, the estimated median property value of 8/8 Skyring Terrace is $778.5k.

Median value
$778.5k
Estimated value range
$640k - $1.11m
Median days on market
18
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Teneriffe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8/8 Skyring Terrace

2024
Sold
Undisclosed
Private Sale/Treaty on 26 Feb 2024 by Kiko Kou

Happy sellers in Teneriffe

96%
96% of sellers in Teneriffe reported that their sale price either exceeded or met their price expectations.

Teneriffe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Teneriffe over the last 12 months.

Local market activity for 1 bedroom apartments in Teneriffe

In the last 12 months, 46 one-bedroom apartments similar to 8/8 Skyring Terrace, have been sold.

This represents a 9% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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