17 Skyring Terrace, Teneriffe, QLD, 4005, AU

Riverside Quays

Asset Description

JLL are please to exclusively present for sale ‘Riverside Quays’ - 17 Skyring Terrace, Teneriffe.

Riverside Quays is the last remaining riverfront site within Brisbane’s most exclusive suburb, Teneriffe. It offers unrivalled scale, favourable existing zoning and an opportunity to deliver a project that leaves a lasting legacy.

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Attributes

Land area gross

17,612 m²

Media

Investment Highlights

This rare offering includes the following key attributes:

Generational Offering: Riverside Quays is one of Brisbane’s largest infill development sites – situated on an expansive 17,612sqm* riverfront land holding with an existing 6,135sqm* wet lease.
Teneriffe – Brisbane’s Most Expensive Suburb: Opportunity to deliver a project of scale in Brisbane’s most expensive residential postcode, with an average detached house price exceeding $2,900,000*.
Waterfront Defining Opportunity: Offering an extensive 210m* of direct river frontage, Riverside Quays presents an opportunity to curate the missing piece of Teneriffe’s activated waterfront at a scale that is never to be repeated.
Brisbane Growth: Record levels of infrastructure investment and positive interstate migration into Queensland underpin a strong growth forecast in the approach to the 2032 Olympic Games.
Growing Premium Demand: In the last 5 years, Brisbane’s premium apartments (>$3million) have experienced unprecedented demand with an average increase of 22% p.a. While Brisbane’s apartment supply levels have decreased by 31% p.a. over the same period.
Significant Development Potential: Favourable Mixed-Use Zoning of the site offers flexibility in development outcomes^.

For Sale via International Expressions of Interest, closing Thursday 29th of September 2022 at 4pm AEST.