Land

Riverside Quays

17 Skyring Terrace, Teneriffe, QLD, 4005, AU

Riverside Quays_Property for Sale

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Riverside Quays 2_Property for Sale

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.

Attributes

Land area net
4.35 acres (189,573 sf)

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.

Riverside Quays 4_Property for Sale
Riverside Quays 4_Property for Sale

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Last updated
Nov 30, 2022