2025After a few weeks of eager anticipation
Donnie’s quietly opened at the base of the Australian Mercantile Land & Finance Woolstores last weekend
you’d have spied a throng of eager diners chomping down slices of crispy New York-style pizzas
munching on Philly cheesesteak spring rolls and quaffing cocktails boasting a slight Americana twist
Donnie’s is now officially up and running – here’s what you can expect …
Every kind of pizza has its own feverish fanbase – the dyed-in-the-wool true believers that will preach the gospel of their favourite style of slice to anyone that will listen
You’ve got the Neapolitan purists (perhaps the largest contingent) and zealous devotees of Roman-inspired pizza al taglio
as well as the deep-dish evangelists and the Detroit-style die-hards – not to mention the more obscure New Haven apizza
Jackson McLoughlin and Nickolas Kruckel go to bat for New York-style pizzas
seeing as they’ve just opened their own eatery and cocktail bar dedicated to the thin
flexible and piping-hot pies first created
by New York City’s Italian immigrant population
The Canberra transplants have both made pilgrimages to the Big Apple over the years
where storied venues like L’Industrie Pizzeria and Joe’s Pizza captured their hearts and taste buds
Their new Teneriffe-based nosh spot Donnie’s (located between Zero Fox and Rita’s in the space formerly home to Siffredi’s) is not only a love letter to New York’s pizza scene
but also the duo’s attempt to promote the style they believe is under-represented in our local offering
“The whole idea of the New York pizza still is kind’ve foreign – you don’t really see a lot of it in Australia
though I guess it’s become a little bit more prevalent recently,” says Jackson
“Frank Pinello’s The Pizza Show and Dave Portnoy – love him or hate him – have done a lot for that style of pizza and has given the world access to what makes a good pizza.”
Jackson and Nick are going to great lengths to ensure the pizza served at Donnie’s would rank highly on the Portnoy scale. During the fit-out process, the duo flew Alim Nayil of Patio Pizza in the UK out to Brisbane
recruiting the chef for an intensive masterclass that included dough making and recipe ideation
plus a desire to top their pizzas with only the best hyper-seasonal ingredients and house-made sauces
has Jackson and Nick in a solid position to make Donnie’s a top choice from the jump
To achieve the same mouth feel and flavour as their New York inspirations
Jackson and Nick have honed in on a lower-hydration dough recipe (made using a mixture of flours) that is cold-fermented for 48 hours
Once fired up in Donnie’s Pizza Master deck oven (the same oven used in many of America’s top pizza joints)
the pizza is pliant and foldable while still retaining integrity
with just the right amount of char on the base and a crispy crust offering a perfectly chewy texture
“You obviously have to worry about what you’re putting on the pizza and making sure you’re not just slapping everything together,” says Jackson
“But time is one of the biggest ingredients as well – resting of the dough and letting it come to temperature
Putting all of these processes in place gets the most consistent product that you can.”
the Donnie’s team is aiming for maximum flavour
Currently eight core options feature on the menu
with highlights including the Pepperoni (coated in American cup ‘n’ char pepperoni
hot honey and whipped ricotta) and the Gabagool (meatball ragu
There is also a vegan-friendly option crowned with house-made almond ricotta
Subscribe for updatesJackson and Nick have plans to introduce a monthly pizza special down the line
which is where they’ll be indulging in a bit of experimentation
“We’ll probably start that next month – get creative and have a look at whether there’s any special dates that fall within the month and play into that a little bit,” says Jackson
“We’re eager to get cooking and experimenting with it all over the coming months.”
Though New York-style pizza headlines the offering
Jackson is quick to stress that Donnie’s isn’t just a pizza joint
Framed more as a casual eatery and cocktail bar
guests can also swing through and graze on an assortment of inventive snacks and side plates
Smoked-mozzarella sticks with pinot noir marinara
pork and beef meatballs in tomato sugo and antipasti boards make for a great opening act
“We’re trying to not pigeonhole ourselves into being a pizzeria – it’s a bit more bougie
“You can come here during the week to catch-up with a friend and have a wine or a cocktail and some nibblies
but then on the weekend bring a group down for some pizzas.”
with a few tap beers (including Donnie’s own lager) available alongside a clutch of seasonal spritzes and classic cocktails with some Americana-inspired riffs
black tea-infused vodka and white-peach puree) and the Coffee & Doughnuts (made with salted-caramel vodka
Cinnamon Toast Crunch dulce the leche and express) are both must-try concoctions
the list features a healthy ratio of new wave and established players
“It’s sort of a mix of new school and old school,” Jackson says
“We’ve got your big Australian heavy hitters – like Clare Valley shiraz and pinot noir from the Yarra Valley
but then we’ve also got a fiano (from Minim) and a nice chilled red (from Unico Zelo).”
When Donnie’s softly opened over the Anzac Day weekend
Early feedback indicates that Donnie’s is a welcome addition to the Vernon Terrace strip
which is popular for its cache of casual-yet-considered dining options
Subscribe for updates“I just want this venue to be a spot where people can hang out and catch up – like a lot of bars in America
“That’s how it felt over the weekend – we are just a bar serving great pizza and people can blow in at any time of day and feel comfortable.”
Donnie’s is now open – head to The Directory for more information.
InDaily Queensland acknowledges the Traditional Owners of the land on which we work and live, the Turrbal, Yuggera, Yugambeh and Kombumerri people, and recognise their continuing connection to land, waters and culture. We pay our respects to their Elders past, present and emerging.
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Visionary design coupled with stunning views across the Brisbane River puts Teneriffe Banks in a class of its own
On its launch day, Teneriffe Banks shattered Queensland’s record for the highest single-day sales
with an astonishing $285 million worth of apartments sold
This followed a highly effective Expressions of Interest campaign
with over 4,800 registrations prior to launch
The development has captured the attention of discerning buyers seeking the highest levels of luxury and lifestyle
on Brisbane’s last undeveloped riverfront site
Teneriffe Banks offers over 200 luxury apartments
priced from $1 million to an epic $25 million
Drawing inspiration from Teneriffe’s iconic wool stores
this $1.5 billion project features five distinct architecturally designed buildings within thoughtfully planned parkland and laneways
Design-led by award-winning Melbourne developer Kokoda Property Group
Teneriffe Banks is brought to life through a collaboration with Studio McCue
The precinct will comprise four residential buildings and a five-star international hotel
all atop a vibrant riverside dining and retail precinct
This record-breaking development has captured the attention of Brisbane buyers
Teneriffe Banks’ residential offering includes: The Interloom
The Store House Lofts – expansive double storey warehouse loft-conversion style residences
Each building features luxury apartments and penthouses
with resort-style living as part of the every-day
and social and wellness areas."The interior design throughout the precinct thoughtfully integrates with its surroundings in Teneriffe
bringing together the water and urban environment," says Kokoda Property Group founder and managing director
creating a cohesive look that enhances the buildings’ connection to their picturesque setting."
Although each building has its own character
Stevens explains they'll all blend beautifully
"There's a strong connection between the architecture and interior design across the entire masterplan
creating unique spaces where you can appreciate the scale
and your own place within the precinct," he says
Following the unprecedented sales success for the first release; The Interloom and The Skyform buildings
the precinct's most anticipated building
has just been released.Here's the breakdown of each building for interested buyers:
Offering riverfront luxury living and positioned adjacent to the Kimpton Hotel
the building features one- to four-bedroom apartments
Its design captures the urban character and geometry of the masterplan
with apartments designed to take advantage of both city and river views
Located adjacent to the iconic Teneriffe Ferry Terminal
this tower offers expansive modernist homes with 3.6-metre ceiling heights and river views
The design blends the historic character of the wool stores with contemporary craftsmanship and apartment living
village-scale building features eight storeys
The final release of the development is located along Skyring Terrace and offers city views
and modern warehouse homes known as The Store House Lofts
which are situated across the lower levels
The design is a contemporary interpretation of the iconic Teneriffe warehouse
influenced by some of the world’s best post-industrial residences
village-scale building with only eight storeys
some apartments boast both city and river views
Homes include one- to three-bedroom apartments
with carefully framed views that highlight both the city skyline and the riverfront
The array of high-calibre residences mean Brisbane buyers have ample choice
Teneriffe Banks redefines luxury living with its one
equipped with deluxe European appliances from Miele or Sub-Zero
"Each home is meticulously designed with the luxurious and elevated details that Kokoda is celebrated for," Mark adds
Residents will enjoy exclusive access to the Canopy Club
a private membership club nestled in the tree canopies overlooking the river
residents can take advantage of private dining rooms
“The Canopy Club offers an expansive indoor and outdoor space with the quality and detail of a high-end hotel and hospitality venue," Stevens says
The five rooftops will host serene subtropical retreats with river and/or city views
including amenities such as infinity-edge pools
the riverfront will feature Brisbane's first Kimpton Hotel
complete with signature restaurants and bars
further establishing Teneriffe as a global destination
Teneriffe Banks has broken single-day sales records
The project's design not only enhances the living experience but also integrates beautifully with the local environment
providing direct access to the Brisbane River Walk and stunning views
The development will connect Teneriffe to the river
with an extension of the River Walk along the 210m site frontage
In close proximity to the area’s dining and retail hotspots
Teneriffe Banks is a stone’s throw from the ever-popular James St
This development isn't just a place to live—it’s a lifestyle revolution
blending heritage and modernity on Brisbane’s vibrant riverbank
With limited availability remaining and the highly sought-after Ferry Building already commanding swift interest
we invite you to secure an exclusive appointment to experience Teneriffe Banks within the immersive Kokoda House display
Reserve your visit now for an unparalleled opportunity before it’s too late
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but we don't want to lose you.\"}],[\"$\",\"div\",null,{\"className\":\"notfound-page__text-block\",\"children\":\"We recently updated the way we organise our articles
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Stevens said they had had 1500 registrations for just 212 apartments
This bloomed to 5000 registrations and 600 appointments ahead of the October 30 launch.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“The sales and level of interest in such a short period reinforces our belief that Teneriffe is ready for a development of this scale and sophistication
and speaks to the city’s growing demand for luxury and innovation in urban living,” Stevens said.\u003c/p\u003e\u003cp\u003e“We are excited to bring our collective vision to life
creating a global destination for people to live
play and rejuvenate.”\u003c/p\u003e\u003cp\u003eThe $1.5-billion mixed-use precinct will comprise five unique buildings including a 5-star Kimpton Hotel
The homes range from apartments to penthouses to woolstore-inspired lofts designed in collaboration with Studio McCue
and Carr.\u0026nbsp;\u003c/p\u003e\u003cp\u003eTo meet demand
the remaining collections will be brought to market soon
and an in-river floating pool and marina cap off the city-shaping Teneriffe Banks project.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eThe Ferry Building merges Teneriffe’s historic woolstores with contemporary apartment design
creating a blend of heritage and modernity
the developer said.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“Its smaller scale presence allows it to complement the surrounding architecture while providing residents with a stylish
functional living space that respects the area’s rich history.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“Each Ferry Building home incorporates a large
private courtyard as an extension of the living space
with higher floors offering 3.8m ceilings and terraces.”\u0026nbsp;\u003c/p\u003e\u003cp\u003eResidents of Teneriffe Banks will have access to resort-style amenities
with each building including private dining rooms
infinity pools and access to the Canopy Club
one of the largest private members’ clubs in Queensland.\u003c/p\u003e\u003cp\u003eStevens told \u003cem\u003eThe Urban Developer\u003c/em\u003e that the riverfront site
Lendlease’s third residential building in the Collins Wharf precinct of Victoria Harbour.\u003c/p\u003e\u003cp\u003eThe 28-storey building at 971 Collins Street in Melbourne’s Docklands will deliver 312 homes in a mix of one
two and three-bedroom apartments as well as townhouses and penthouses.\u003c/p\u003e\u003cp\u003eAccording to Lendlease
the project has already secured more than 50 per cent in presales.\u003c/p\u003e\u003cp\u003eHickory is the construction contractor—it completed the precinct’s first development
in 2019 and is also working on LendLease’s second tower
Regatta.\u003c/p\u003e\u003cp\u003eFor Ancora
Hickory is implementing several technical construction methods including various piling techniques and precast concrete solutions that enable a parallel-track construction program.\u003c/p\u003e\u003cp\u003eThe building’s facade designed by architect Warren and Mahoney uses a three-stage design incorporating double-glazed glass
and textured precast concrete with Reckli and brick finishes.\u003c/p\u003e\u003cp\u003eThe structural design transitions from a solid podium base to lighter upper levels
“reflecting a maritime theme” aligned with the Collins Wharf design objectives.\u003c/p\u003e\u003cp\u003eAncora will connect to the neighbouring Regatta development via a podium
allowing resident access to shared amenities.\u003c/p\u003e\u003cp\u003eDesigned as an all-electric building that includes electric vehicle infrastructure
the development is targeting a 5 Star Green Star certification
Completion is expected in 2027.\u003c/p\u003e\u003cp\u003eRegatta
including build-to-rent and build-to-sell units.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eExtensive wharf works
including remediation of pre-existing wharf piles
installation of raker piles and construction of the extension to Australia Walk
are also part of the project.\u003c/p\u003e\u003cp\u003eTechnical challenges include constructing on the finger wharf and co-ordinating extensive above-wharf road reserve and public parkland works.\u003c/p\u003e\u003cp\u003eThe Collins Wharf precinct will ultimately comprise six residential buildings of more than 1800 homes surrounded by over 5000sq m of parks and community space.\u003c/p\u003e\u003cp\u003eLendlease is developing the parkland concurrently with the residential components
including the extension of Australian Walk that forms part of the City of Melbourne’s Greenline project.\u003c/p\u003e\u003cp\u003eLendlease executive director of development Adam Williams said Collins Wharf “is fast becoming a sought-after address ..
which took just a handful of hours to emerge on Saturday night
the Coalition’s failure to sway voters has
come under intense scrutiny.\u003c/p\u003e\u003cp\u003eIts lack of policies around property that resonated with voters has been a large part of that criticism.\u003c/p\u003e\u003cp\u003eAmong those policies was a $5-billion infrastructure program to unlock up to 500,000 new homes
was greeted with no small amount of scepticism.\u003c/p\u003e\u003cp\u003eThe Coalition also campaigned on its previously revealed plan to allow first home buyers to draw down on their superannuation
giving access to up to $50,000 to help fund mortgage deposits.\u003c/p\u003e\u003cp\u003eWhile that proposal had won some support
it got the thumbs down from many of Australia’s top economists
who said the measure could prove highly inflationary
among other issues.\u003c/p\u003e\u003cp\u003eSimilarly
its plan to allow mortgage interest for first home buyers to be tax-deductible was roundly criticised for its likely inflationary and regressive effects.\u003c/p\u003e\u003cp\u003eIt has also been pointed out
that the Coalition’s rejection of the Green’s policies around housing supply
affordable housing and help for renters did it no favours.\u003c/p\u003e\u003cp\u003eThe ALP
went to the polls spruiking an extension of schemes introduced during its previous term
including a $10-billion promise for its first-home buyers’ scheme to encourage 100,000 more homes.\u0026nbsp;\u003c/p\u003e\u003cp\u003eIt also had its Help to Buy shared equity scheme
under which the Government pays up to 40 per cent of the house price
to point to.\u003c/p\u003e\u003cp\u003eIf it was these policies per se
or the lack of detail and depth to the Coalition’s
the nation's ready for the Albanese government to act.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eWhat is clear
been endorsed to follow through on its policies
and fix the crisis that is crippling the Australian property sector.\u003c/p\u003e\u003cp\u003eAs Urban Taskforce Australia chief executive\u0026nbsp;Tom\u0026nbsp;Forrest has pointed out
it is time for the Federal Government to get back to work.\u003c/p\u003e\u003cp\u003e“Housing affordability and housing supply featured large during the campaign,” Forrest said.\u003c/p\u003e\u003cp\u003e“The key now is for the Government to strike while the iron’s hot.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“If legislation is needed to support the delivery of Labor’s $10-billion
100,000 new homes commitment—then pass it through the parliament now and get on with it.”\u003c/p\u003e\u003cp\u003eThe states have
made many changes to how they enable home development
The Federal Government’s support of that is crucial to its success
material supply assistance or any other factor that affects getting homes out of the ground.\u003c/p\u003e\u003cp\u003eThis has been a pivotal election
Then Cities for Total Fan Immersion\",\"slug\":\"billionaire-arsenal-rams-denver-nuggets-sports-anchored-precincts\",\"datePublished\":\"2025-04-30T00:00+10:00\",\"tags\":[],\"summary\":\"Why your next home might be stadium-adjacent; sports are the hook
achieving $285 million in sales on its first day in market
It’s the strongest single day of apartment sales in Queensland history
Kokoda Property Group managing director Mark Stevens said more than half of the apartments in The Interloom and The Skyform buildings sold
Speaking to The Urban Developer in August
This bloomed to 5000 registrations and 600 appointments ahead of the October 30 launch
“The sales and level of interest in such a short period reinforces our belief that Teneriffe is ready for a development of this scale and sophistication
and speaks to the city’s growing demand for luxury and innovation in urban living,” Stevens said
“We are excited to bring our collective vision to life
The $1.5-billion mixed-use precinct will comprise five unique buildings including a 5-star Kimpton Hotel
with The Ferry Building to be released this month
The Ferry Building merges Teneriffe’s historic woolstores with contemporary apartment design
“Its smaller scale presence allows it to complement the surrounding architecture while providing residents with a stylish
functional living space that respects the area’s rich history
“Each Ferry Building home incorporates a large
with higher floors offering 3.8m ceilings and terraces.”
Residents of Teneriffe Banks will have access to resort-style amenities
one of the largest private members’ clubs in Queensland
Stevens told The Urban Developer that the riverfront site
was not a bargain but it was “unrepeatable”
“It was pretty obvious for me to see that a 17,500sq m on the river is a very compelling piece of property to have,” Stevens said
This once-industrial nook on the Brisbane River has emerged as a hub of character-filled living
History takes centre stage here with the iconic Woolstore
and trendy bars that draw a crowd any day of the week
shaking off the dust of its working-class roots and embracing a new identity – time-honoured
While Teneriffe shares a postcode with its coveted neighbour, New Farm – Queensland’s most expensive suburb – Ben Percival of Percival Property Group says Teneriffe holds its own with impressive bragging rights
“Teneriffe stands as Brisbane’s most heritage-rich suburb
creating a village-like atmosphere just two kilometres from the CBD,” he says
Teneriffe’s consistent appeal ensures exclusive property values across the board
often leading to higher average square-metre rates than its neighbour.”
Percival says Teneriffe’s charm draws people of all ages and lifestyles
resulting in impressive rental yields and strong capital growth
solidifying its reputation as a wise long-term investment
“Along the riverfront are Teneriffe’s most prized properties
especially the coveted Catalina homes – freehold residences backing directly onto the river with stunning views of Bulimba,” Percival says
Why virtually no one lists their home in Whale Beach
How character-rich Hawthorn is retaining its property value
Oatlands: This storybook township has heritage fans hooked
and picturesque views that many only discover once they settle in.”
Teneriffe has seen impressive infrastructure investments, most prominently the much-anticipated Teneriffe Banks
a $1.5 billion development poised to revitalise the riverfront
“It’s rare to have the chance to add a new chapter to the heritage fabric of such an iconic neighbourhood,” says Mark Stevens, founder of Kokoda Property Group, which is spearheading the development.
“This ambitious project aims to elevate Teneriffe’s riverside presence with a mixed-use lifestyle precinct that blends residential options, a luxury hotel, and lively laneways to boost the area’s appeal and connectivity.”
Paying homage to Teneriffe’s cherished Woolstore, Teneriffe Banks will introduce a refined modern twist, fitting for a suburb that has become one of Brisbane’s most admired neighbourhoods.
“A lively network of laneways will weave through the site, linking Teneriffe back to the river, while the extended River Walk boosts the area’s usability,” Stevens says.
“Its scale and quality will transform not only the suburb but the entire city, solidifying Brisbane’s reputation as a global destination.”
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where we are privileged to live and operate
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Corner-block properties don’t come to market every day
but a house with a triple street frontage is an even rarer sight
a federation Queenslander in the Brisbane suburb of Teneriffe
the home is surrounded by roads on all three sides
the owner of the property will have access to a unique urban island in the middle of the city
More than 1150 square metres of land are up for grabs
while the house itself offers 351 square metres of floor space
The house is surrounded by roads.Credit: Ray White New Farm
“With no immediate neighbours and over 150 metres of exclusive street frontage
this landholding is one of the most prestigious and sought-after in riverside Teneriffe,” the listing says
Avondale was built in 1901 and is a prime example of early federation architecture
Its classic facade has been beautifully preserved
Beautifully preserved interiors with historic features
the home’s historic features are in an immaculate condition
ornate cornicing and lofty three-metre ceilings give the house a sense of understated grandeur
Hedges hide the sun-drenched pool.Credit: Ray White New Farm
two bathrooms and an abundance of open-plan living areas
established gardens with tall trees and hedges hide a sun-drenched pool and spa
Matt Lancashire from Ray White New Farm is the lead agent for this property
The house will go to auction at the end of November
Queensland’s auction rules forbid disclosing a price guide on properties scheduled for auction
This story was published at domain.com.au.
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Corner-block properties don\\u2019t come to market every day
\\u201CWith no immediate neighbours and over 150 metres of exclusive street frontage
this landholding is one of the most prestigious and sought-after in riverside Teneriffe,\\u201D the listing says
the home\\u2019s historic features are in an immaculate condition
Queensland\\u2019s auction rules forbid disclosing a price guide on properties scheduled for auction
entertainment ideas and a long read to enjoy
Tucked away in the heart of Teneriffe’s lively streets
the enigmatic green building on the Banks precinct has become a local talking point
It’s not just a mystery – it’s an experience that promises to surprise
and you’ll discover a world where design
There’s only one way to find out…
Holly Stevens didn’t take the traditional route to become Project Design Manager at Kokoda Property – but let’s be honest
when does the best career path ever follow a straight line
but her eye for aesthetics and big-picture thinking led her to carve out a role that fuses design
where interactive digital tech brings their future riverfront home to life.“Purchasing property is not just a rational decision
it’s deeply emotional,” Holly explains
“We wanted our clients to truly connect with the vision we have for these projects.” The result
and every detail is designed to make you fall in love with the future
pushing the envelope in design wasn’t without its challenges – namely transforming an old
rundown building into a state-of-the-art experience
But instead of fighting the quirks of the space
preserving original brick walls and blending heritage with modern finishes
with locally sourced materials and energy-efficient designs leading the charge
Holly stays ahead of the curve by travelling
and keeping a close eye on innovation in everything from hospitality to tech
“Our team recently travelled to Bangkok to experience the flagship Kimpton Hotel to gain inspiration as we open our own Kimpton hotel on the Teneriffe Banks site.”
While she’s keeping tight-lipped about upcoming hospitality partnerships (watch this space)
one thing’s for sure: Kokoda House and Teneriffe Banks are setting a new standard for luxury living in Brisbane
Consider this your official invitation to experience it for yourself
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Kokoda Property has provided the first glimpse into what life could look like as part of Brisbane’s largest private development, a $1.5 billion mixed-use precinct on the banks of Teneriffe
Known as Teneriffe Banks, the next evolution of Brisbane City will provide a place to live
Teneriffe Banks will comprise five unique buildings, The Interloom (North and South), The Ferry Building, The Store Houses (North and South) and within them, The Woven lofts
Over 200 dwellings will soon be available, ranging from luxury apartments to modern penthouse residences and grand, woolstore-inspired lofts
Designed by Cottee Parker Architects and Carr, Teneriffe Banks is set amongst lush gardens and open spaces, connecting Skyring Terrace back to the Brisbane River via sprawling laneways
Perched along the Brisbane River, the Teneriffe Banks flagship buildings known collectively as The Interloom
are designed to connect the urban landscape with the waterfront
The Interloom South will be home to a collection of two
three and four-bedroom luxury apartments and penthouses with resort-style common amenities including dining rooms
The Interloom North will be home to Brisbane’s first Kimpton Hotel, which will feature a 200-plus-seat signature restaurant and bar, spa with multiple treatment rooms, a fitness centre, large-scale multi-purpose meeting and event spaces, as well as an open-air Garden Terrace complete with infinity pool, and a rooftop bar with spectacular Brisbane city views
The Ferry Building, adjacent to the iconic Teneriffe Ferry Terminal
will feature expansive modernist homes with 3.6m ceiling heights
offering layouts that masterfully blend the neighbourhood character of the woolstores with modern craft
Along Skyring Terrace, The Store Houses North and South will be home to modern warehouse residences known as The Woven lofts, offering a contemporary interpretation of the iconic Teneriffe warehouse
inspired by the world’s best post-industrial homes
Nestled above The Woven lofts will sit the fifth collection of homes
which kits onto both the north and south buildings along Skyring Terrace and captures the urban character and city form
inspired by the geometry of the masterplan with a selection of one
and a unique loft apartment masterfully designed to take advantage of both city and river views
Kokoda Property Founder and Managing Director Mark Stevens said that Teneriffe Banks will be the developer’s crowning achievement
“Teneriffe Banks is one of the largest private developments within Brisbane and with that
comes a weight of responsibility," Stevens said
"We have worked tirelessly to refine the masterplan and vision for the site and believe it will leave a lasting legacy for the city of Brisbane
It will become a global destination where people can meet
Teneriffe Banks is a collaboration between design partners Cottee Parker Architects, Carr, and Urbis Town Planning and Landscaping
“The advantage of working with two architectural practices is that they both feed off each other
finding strengths in their respective niches and harmoniously bring them together
I believe we have successfully combined the best of both worlds,” Stevens added
We're on a mission to radically improve the quality of Urban communities being developed across Australia
We aim to showcase every development in Australia to help you find the perfect new home
The most expensive suburb in Brisbane just saw a home sold for $6.05 million – but in just a few years
its new build is estimated to make the property worth $20 million
was bought by vendor Malia Chappel as a means to build her family’s dream home
she decided to work with renowned architect Shaun Lockyer to rebuild the site with a whole new look
and we decided we would put together what we thought at the time would be our forever home.”
The home is one of only 22 properties sitting by the Teneriffe Reserve
representing more than 7 acres of protected bushland near the city
Sixty Four Property agent Ivo Kornel said the property’s size of 866 sqm made it a rare and valuable property in the already expensive market
“Double blocks that back onto the reserve are few and far between,” he said
“If you want to be backing onto a heritage reserve
Teneriffe is Brisbane’s most expensive suburb to buy in
with this property facing the protected Teneriffe Reserve
The plan was to turn the home into a five-bedroom
five-bathroom property: including a granny flat on the middle floor of the location
But as designs and approvals were being finalised
a surprise pregnancy meant Ms Chappel would no longer have the time to oversee the build
time and of course money … went into establishing those plans,” she said
and not realising we were about to have a little baby as well!”
The large block of land directly overlooks the bush
and is only one of 22 homes bordering the site
The family then sought to sell to someone interested in continuing the already organised plans for the house
who would appreciate the value of a new build in that location
“It’s a very special block,” Ms Chappel said
because the ones below you are down quite low and the ones above you
Mr Kornel said the home was purchased by a man in his 30s from Townsville
who had been looking to work on a project in Teneriffe for “years”
“He was always our buyer as soon as we launched it,” he said
“He knew that if he didn’t jump on this one
Future renders of the Shaun Lockyer rebuild
estimated to make the home worth around $20 million
The home had previously sold in 2022 for $5.05 million
Mr Kornel said after the build was finished
the new owner planned to sell the home to a wealthy buyer who did not have the time to build their own dream home
The Shaun Lockyer build is estimated to increase the value of the home by nearly $14 million
“They’re probably starting tomorrow; it’ll be finished within 12-18 months,” Mr Kornel said
Construction is expected to finish on the new home within the next two years
With Brisbane’s upcoming Olympic Games and its growing developments
Mr Kornel added he felt a $6m home in Teneriffe today was “smart buying”
“I think what’s expensive today will be cheap tomorrow,” he said
“They know that $20m price tag will be $30m in years to come.”
With street frontage on all sides, from the air it looks like the weatherboard property – a local icon – has been plonked on a roundabout.
Listed for lease by Living Here Cush Partners, and asking $2700 per week, the home in Teneriffe is named Avondale and is surrounded by lush gardens.
“A home with no direct neighbours, the property also known as ‘The Island Home’ is seeking new tenants to call it home,” the listing explains.
Hastings, Tilbrook and Kingsholme streets edge the address and the classic Queenslander is high set, to capture views of the Brisbane CBD.
The home is typical of a Queenslander, with a deep, wraparound verandah for taking in the Brissie sun, timber-lined walls, lofty ceilings, fireplaces and breezy open-plan living.
Archways, ceiling roses and decorative cornices lend heritage flourish.
Teneriffe: This industrial locale has only been an official suburb since 2010
The Brisbane suburbs where home buyers pay a premium for space
This suburb has the highest and fastest rental growth of anywhere in Australia
There is not enough data to produce a median house price for Teneriffe. However, units have performed with gusto, ending the year with a median of $860,000 – a rise of 18.6 per cent over 12 months.
Teneriffe is north-east of the CBD and is bordered by the Brisbane River.
approved this week by the Brisbane City Council
initially comprised three towers with a sky bridge.\u003c/p\u003e\u003cp\u003eThat had changed dramatically in the renders
layout and branding submitted to the city last month.\u003c/p\u003e\u003cp\u003eThe new Tides of Teneriffe project now comprises five smaller towers staggered in height from the Brisbane River and reaching up to 18 storeys at 17-27 Skyring Terrace
Teneriffe.\u0026nbsp;\u003c/p\u003e\u003cp\u003ePlans by Cottee Parker
who designed both versions for the 17,612sq m site
and town planning and landscaping by Urbis.\u003c/p\u003e\u003cp\u003eThe Melbourne-based developer’s plans from October comprised 381 apartments
160 hotel rooms and 611 car parking spaces in towers 12 to 30 storeys.\u003c/p\u003e\u003cp\u003eThe site
once Riverside Sands sand and gravel business
starting with the smaller building closest to Commercial Road
and the lower levels of the other buildings.\u0026nbsp;\u003c/p\u003e\u003cp\u003eFour of the buildings will be residential while the tallest and closest to the electrical substation will be the hotel.\u003c/p\u003e\u003cp\u003eThere will also be three laneways
we are breathing new life into a currently underserved yet highly coveted piece of land,” Stevens said.\u003c/p\u003e\u003cp\u003e“Our vision for the project is to reignite the Brisbane riverfront for a new generation
with 9331sq m [53 per cent] of the Skyring Terrace development dedicated to being open
formerly Riverside Industrial Sands.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003e“Inspired by the iconic brick woolstores and structural remnants of Teneriffe’s river industries
the masterplan establishes a series of buildings woven together by abundant greenery,” the planning report submitted to the city said.\u003c/p\u003e\u003cp\u003e“Through urban renewal projects
Teneriffe and Newstead saw a significant rise in residents with 440 dwellings in 1991 to 3500 in 2006
and an anticipated 8700 dwellings by 2031.”\u003c/p\u003e\u003cp\u003eApartment prices in Teneriffe average $744,000
just behind New Farm at $745,000 but higher than Newstead at $655,000 and Fortitude Valley at $410,000
Teneriffe showing a new section of riverwalk and a hotel and apartment buildings.\",\"imageDesc\":\"at 17-27 Skyring Terrace project at 17-27 Skyring Terrace
initially comprised three towers with a sky bridge
That had changed dramatically in the renders
layout and branding submitted to the city last month
The new Tides of Teneriffe project now comprises five smaller towers staggered in height from the Brisbane River and reaching up to 18 storeys at 17-27 Skyring Terrace
and town planning and landscaping by Urbis
The Melbourne-based developer’s plans from October comprised 381 apartments
160 hotel rooms and 611 car parking spaces in towers 12 to 30 storeys
2023 for a “record price upwards of $100 million” according to the developer
and the lower levels of the other buildings
Four of the buildings will be residential while the tallest and closest to the electrical substation will be the hotel
dining and commercial spaces on the ground floor as well as a community hub
Along the Brisbane River will be a new riverwalk section lined with double-storey restaurants and through links to the ferry terminal
Kokoda Property managing director Mark Stevens said this would be Brisbane’s largest private development
“What Kokoda Property and our project partners are creating is not just a global destination in Brisbane
we are breathing new life into a currently underserved yet highly coveted piece of land,” Stevens said
“Our vision for the project is to reignite the Brisbane riverfront for a new generation
lush green public spaces with sprawling laneways and a 220m riverwalk extension.”
“Inspired by the iconic brick woolstores and structural remnants of Teneriffe’s river industries
the masterplan establishes a series of buildings woven together by abundant greenery,” the planning report submitted to the city said
and an anticipated 8700 dwellings by 2031.”
Apartment prices in Teneriffe average $744,000
Kokoda Property Group's Teneriffe Banks development has secured $285 million in sales before its full launch to the market
Over half of the residences have already been sold since The Interloom and The Skyform buildings
two of five buildings as part of the $1.5 billion mixed-use development
The Ferry Building and The Store Houses will home more apartments, and the other building will be dedicated to Brisbane's first 5-star Kimpton Hotel
Kokoda Property Group, Founder and Managing Director, Mark Stevens, said the team is proud to set a new benchmark in Brisbane
"The sales and level of interest in such a short period reinforces our belief that Teneriffe is ready for a development of this scale and sophistication
and speaks to the city’s growing demand for luxury and innovation in urban living
Located on the Brisbane River
The Interloom building connects the urban landscape with the waterfront
featuring up to 404 sqm luxury residences with soaring 3.8-metre ceilings and panoramic views
Residents of Teneriffe Banks will enjoy resort-style amenities
the remaining collections are set to hit the market soon
with The Ferry Building to be released next week
The Ferry Building, a smaller-scale building to Ferry and Skyform, merges Teneriffe’s historic woolstores with contemporary apartment design
Each Ferry Building home incorporates a large
with higher floors offering large terraces to entertain from
Queensland has had its strongest single day of apartment sales to date
with $285 million worth of apartments sold on Wednesday
October 30 saw two buildings in the luxury development Teneriffe Banks go on sale
with over half of the available residences sold from private appointments with developer Kokoda Property Group
Sales on the $1.5 billion project have blowing past the previous state record for apartment sales in a single day
A render of the design for luxury development Teneriffe Banks: created by Kokoda Property Group in collaboration with Studio McCue
Kokoda Property Founder and Managing Director
said he found the sales figures to be humbling and overwhelming
“It’s really been an amazing response to two years of work,” he said
of interest in such a short period reinforces our belief that Teneriffe is ready for a development of this scale and sophistication
and speaks to the city’s growing demand for luxury and innovation in urban living.”
The available apartments were at two of the development’s five planned buildings: The Interloom and The Skyform
Sales on both buildings are now nearly sold out
Thursday’s sales are currently north of $100 million
One of Teneriffe Banks’ apartment buildings
Homes in the riverside development range from $1.5 million for a two-bedroom apartment
to more than $25 million for a premium penthouse
Each building will be constructed by the Brisbane River on 17-27 Skyring Tce
and was previously owned by the Riverside Coal Transport company
While Kokoda Property is still searching for a builder
Mr Stevens said he felt the LNP’s state election win may help free up trade for Teneriffe Banks’ construction
because I think government infrastructure work may not go ahead in its volume
as it previously may have done under a Labor government,” he told the Courier Mail
Over 200 residences are being offered at the development
with options ranging from a two-bedroom home at $1.5 million to a top-of-the-line penthouse at more than $25 million
Kokoda Property founder Mark Stevens said he hopes the LNP’s election win in Queensland will free up potential subcontractors to construct Teneriffe Banks
Kokoda Property group received around 5,000 registrations and 600 appointments for The Interloom and the Skyform
Luxury residences in The Interloom have spaces up to 404 sqm
while homes in The Skyform reach up to 334 sqm
Each resident at the development will receive access to private dining rooms
along with membership to the private Canopy Club
The development has plans to connect Skyring Terrace back to the Brisbane River
The remaining buildings include The Ferry Building
and Brisbane’s first five-star luxury Kimpton Hotel
Sales for The Ferry Building will go on the market next week
A Virginia Ave mansion owned by pharmacy chain founder Don Gardiner and his wife Colleen for 30 years is on the market
Brisbane richlisters are spending up to $7m to secure a home on the city’s most exclusive street
as fresh data reveals the top 10 addresses attracting the wealthiest buyers
An analysis from Ray White Group shows Brisbane’s richest streets are concentrated in the inner-city suburbs
the median price for a property in Teneriffe is currently $4.105m — a 10 per cent jump from last year — but the median price for a property on Macquarie St is a cool $6.5m
This year’s biggest sales have been even higher
with a stylish three-level house with a pool on Macquarie St located next to one of the iconic Woolstore buildings sold for a whopping $7m
Four other inner-city streets were among the top ten — Laidlaw Pde
Paddington; and Hillside Cres and Parkside Ct in Hamilton
Ivy St in leafy Indooroopilly was the only street outside of that well-heeled precinct to make the cut with a $4.69m buy-in
Macquarie St homeowners Simon and Rose Palmer’s top floor apartment is perched above the city’s best street
The Palmers are taking their renovated three-bedroom unit in the Ansonia Woolstore building at 304/64 Macquarie Street, Teneriffe to auction on Thursday
Simon and Rose Palmer in their Woolstore apartment
Features including polished hardwood floors
original timber beams and exposed brickwork
said the riverside area was highly sought after by young professionals and families
“Everyone knows how iconic the Teneriffe woolstores are
but not everyone gets the chance to know what it’s like to live in one,” Mr Cassidy said
He said Teneriffe offered a mix of heritage character with a chic village atmosphere favoured by the 30-something fashion set
with local cafes and bars as well as the Gasworks Plaza and James St precinct
The Palmers’ woolstore apartment goes to auction on Thursday
the highest recorded sale was $15m in 2021 for a glamorous 1980s-built mansion owned by doctor and board game designer Peter Hawes
The sprawling property with a tennis court
pontoon and spectacular river views sold to ophthalmic surgeon Graham Hay-Smith and his wife Peggy Ekeledo-Smith
Both sales came in under the Brisbane record of $23m
set in November with the off-market sale of a historic Ascot home once owned by Ray White Group chairman Brian White
It was on Sutherland Ave – which was missing from the top ten streets list
Place Estate Agents managing director Sarah Hackett said surging prices reflected the scarcity of blue-chip riverfront properties
which were limited in number and tightly held
Riverfront is the common factor among Brisbane’s top streets
“The obvious parallel between these streets is the riverfront,” Ms Hackett said
“The block sizes are much larger on Virginia Ave and offer fabulous city views
while on Macquarie St you wake up with the easterly morning sign to impeccable views down the river.”
She expected price growth to continue into 2025
with the area still offering exceptional value compared to Sydney’s waterfront
just 0.28 per cent of the total sales between 2023 and 2024 were riverfront
There’s only so many of these homes and riverfront real estate is arguably the city’s strongest growing commodity right now,” Ms Hackett said
She said multiple $10m-plus offers had been received for her current Virginia Ave listing
a mansion owned by pharmacy chain founder Don Gardiner and his wife Colleen for 30 years
Place Estate Agents managing director Sarah Hackett
where the typical house price of $350,000 was well below the citywide median of $868,000
Four streets in Fitzgibbon had buy-ins under $500,00 – Wollemi Lne
while the median price in Wedgetail and Crater Sts
But the rising cost of living is putting upward pressure on these once-affordable areas
as buyers priced out of surrounding suburbs compete for entry-level priced properties
with house prices in the suburb up 31.1 per cent in the past 12 months to $681,1441
Unlikely regional hotspots luring city dwellers in droves
The Queensland market where luxury prices are surging
Almost $900k to buy a home in Brisbane
with the Golf Links Rd property particularly sought after for its recent renovation utilising flood-resilient materials
“The jump in prices in the last 12 months has been unbelievable,” Mr Kruger said
adding he sold a townhouse recently for $100,000 more than the neighbouring property
“It’s rarely investors buying now because they are not looking to pay the money that owner-occupiers are
Most of the people who were interested in these townhouses were first or second-home buyers
BRISBANE’S RICHEST STREETS (median house price)
The first images of a $1.5 billion development planned for Brisbane’s riverfront have been released
but the developer admits it is yet to secure a builder
Teneriffe Banks will comprise more than 200 apartments
The first look at Kokoda Property’s plans for Teneriffe Banks on the Brisbane River
Designed by Cottee Parker Architects and Carr
the development will connect Skyring Terrace back to the Brisbane River via sprawling laneways and open spaces
The plans are for five buildings in total and a public marina
with the residential component due to launch to the market in September
The development will include a rooftop terrace and amenities that will be available to the public
Units will range from luxury apartments to modern penthouse residences and woolstore-inspired lofts — priced from $1.5m for a two-bedder
up to more than $20m for a top-of-the-range penthouse
There will be 20 sub-penthouses and penthouses
Kokoda Property founder and managing director Mark Stevens said the project had attracted more than 1500 enquiries in a week from interested residential buyers — mostly owner-occupiers from Teneriffe and New Farm
An aerial shot of the marina proposed for Teneriffe Banks
“What’s on offer is something Brisbane has not seen before,” Mr Stevens said
“It will be transformational for Teneriffe
Mr Stevens said construction was likely to start in the first half of next year
although he was still “in the process of securing a builder”
“It’s just a process we have to go through
Kokoda Property founder Mark Stevens inside the Riverside Industrial Sands site which will be turned into a $1.5b waterfront development at Teneriffe
“Not all the builders have received government work
Not all that infrastructure work has been given the go-ahead.”
He said the state election in October would determine how much of the proposed public and Olympic infrastructure work would still proceed
“Builders we’re speaking to have made it clear… they’re conscious of not putting all their eggs in one basket.”
Mr Stevens said he believed the biggest issue within the construction industry was the decline in productivity
He admitted the CFMEU had “not been helpful” in that area
An artist’s impression of the development proposed for Teneriffe
The 17,600sq m parcel of land at 17-27 Skyring Tce
Teneriffe was previously owned by the Riverside Coal Transport Company
The development will be home to Brisbane’s first Kimpton Hotel
which will feature a 200-plus-seat signature restaurant and bar
large-scale multipurpose meeting and event spaces
as well as an open-air garden terrace complete with infinity pool
Ray White economist Nerida Conisbee said labour continued to be a major contributor to the cost of construction and year-on-year increases in wages remained problematic
Ms Conisbee said ABS data showed construction costs were starting to rise again
now the subject of a Senate inquiry has also contributed to low productivity in the industry,” she said
The cost of building a new property now far exceeds the price of an existing property
we are already seeing clearly how much higher construction costs are
leading to fewer homes being built and higher prices for existing properties,” Ms Conisbee said
Teneriffe Festival is an 11-year tradition billing itself as “Brisbane’s biggest street party” and a celebration of the “rich heritage and diverse community that is Teneriffe”
Lea Angeles likened scenes at last year’s Teneriffe Festival to a “zombie apocalypse”.Credit: Nick Dent
People are pissing in the bushes,” she said
“We find little bags of drugs on the floor
Last year my staff got threatened physically while trying to exit the bathroom ..
“It just doesn’t feel like a community festival any more.”
Angeles is one of several Teneriffe locals and business owners speaking out about the event
which returns to the suburb on Saturday headlined by The Cat Empire
as well as event organisation and ticket prices
said two of his tables had been stolen last year
“There was a big fight and some customers of mine were involved and they just left without paying,” he said
“I need to bring more employees in [on the day] in case something happens.”
Patrick Lamb is a longtime resident of Teneriffe and a wheelchair user
the car park in his Florence Street building will be blocked off for 48 hours
making it difficult for support workers to visit
where the Cat Empire will perform at 9pm.Credit: Nick Dent
our building is completely locked down,” he said
An increase in the event’s size means Vernon Terrace and Florence
Dath and Beeston streets are all affected by road closures from 6am on Friday
Residents who needed their vehicles were advised to move them to street parking outside the festival area by Friday morning
Lamb said the festival was no longer community minded or family friendly
it’s not very enjoyable to be on the street because there’s so many drunk people around,” he said
“Live music is played at such volumes it is almost impossible to be inside your apartment
“I don’t think any neighbourhood would want 50,000 people coming in.”
A Teneriffe Festival Board spokesperson said the festival had taken steps to address locals’ concerns by providing more public toilets and increasing security
They said the larger festival footprint was to allow for “cyclical flow of foot traffic”
we have doubled our investment in appointing qualified noise experts
They said the price of adult tickets had gone up by $10 because of the higher cost of insurance
Discussion on the festival Facebook page was heated
“It seems NIMBY nitwits would much rather a city where nothing ever happens and doesn’t dare to stage events for people to congregate and enjoy music
drink and entertainment,” wrote one Facebook user
A spokesperson said the festival would provide more public toilets and increased security this year.Credit: Nick Dent
business owners hoping to participate in the festival have expressed frustration at the level of communication from organisers
who runs Truffle Discovery Centre in Stanthorpe
ran a street stall at last year’s Teneriffe Festival and applied again this year
“They still haven’t gotten back to people that were emailing for months and filling in forms online to say ‘you’re not accepted’,” he said
The festival spokesperson said business owners who were not successful in applying to take part were not contacted in every instance
A Brisbane City Council spokesperson said it was the responsibility of the event organiser to undertake community consultation
who also owns Unbearable Bagels & Coffee in Vernon Terrace
said she expected to lose 50 per cent of business on Saturday because of the festival
“Our community is having to pick up the tab financially and also physically,” she said
“We’re the ones cleaning up the vomit and urine.”
Residents with concerns about the event can contact organisers on 0498 872 607
Tickets are available at the festival website.
Teneriffe Festival is an 11-year tradition billing itself as \\u201CBrisbane\\u2019s biggest street party\\u201D and a celebration of the \\u201Crich heritage and diverse community that is Teneriffe\\u201D.
But Lea Angeles, who co-owns Teneriffe bar Zero Fox, is not a fan.
\\u201CThe day after, there are puddles of vomit everywhere. People are pissing in the bushes,\\u201D she said.
\\u201CWe find little bags of drugs on the floor. Last year my staff got threatened physically while trying to exit the bathroom ... he was like, \\u2018I\\u2019m sorry, you can\\u2019t come in, it\\u2019s the building\\u2019s toilet, not the festival toilet.\\u2019
\\u201CIt just doesn\\u2019t feel like a community festival any more.\\u201D
Angeles is one of several Teneriffe locals and business owners speaking out about the event, which returns to the suburb on Saturday headlined by The Cat Empire, Thundamentals and Josh Pyke.
Street closures, noise levels and alleged vandalism, as well as event organisation and ticket prices, have come under fire.
Another business owner, who did not wish to be named, said two of his tables had been stolen last year.
\\u201CThere was a big fight and some customers of mine were involved and they just left without paying,\\u201D he said.
\\u201CI need to bring more employees in [on the day] in case something happens.\\u201D
Patrick Lamb is a longtime resident of Teneriffe and a wheelchair user. This weekend, the car park in his Florence Street building will be blocked off for 48 hours, making it difficult for support workers to visit.
\\u201CIn years past, I\\u2019ve just had people park in the garage, but this year, our building is completely locked down,\\u201D he said.
An increase in the event\\u2019s size means Vernon Terrace and Florence, Ethel, Dath and Beeston streets are all affected by road closures from 6am on Friday, June 7 until 12pm on Sunday, June 9.
Residents who needed their vehicles were advised to move them to street parking outside the festival area by Friday morning.
Lamb said the festival was no longer community minded or family friendly.
\\u201CAfter about four o\\u2019clock, it\\u2019s not very enjoyable to be on the street because there\\u2019s so many drunk people around,\\u201D he said.
\\u201CLive music is played at such volumes it is almost impossible to be inside your apartment.
\\u201CI don\\u2019t think any neighbourhood would want 50,000 people coming in.\\u201D
A Teneriffe Festival Board spokesperson said the festival had taken steps to address locals\\u2019 concerns by providing more public toilets and increasing security.
They said the larger festival footprint was to allow for \\u201Ccyclical flow of foot traffic\\u201D.
\\u201CBased on last year, we have doubled our investment in appointing qualified noise experts, public safety experts, road and traffic management, and rubbish collection,\\u201D they said.
They said the price of adult tickets had gone up by $10 because of the higher cost of insurance, personnel, goods and services, and regulatory requirements.
Discussion on the festival Facebook page was heated.
\\u201CIt seems NIMBY nitwits would much rather a city where nothing ever happens and doesn\\u2019t dare to stage events for people to congregate and enjoy music, markets, food, drink and entertainment,\\u201D wrote one Facebook user.
Meanwhile, business owners hoping to participate in the festival have expressed frustration at the level of communication from organisers.
Matthew Hibberd, who runs Truffle Discovery Centre in Stanthorpe, ran a street stall at last year\\u2019s Teneriffe Festival and applied again this year.
\\u201CThey still haven\\u2019t gotten back to people that were emailing for months and filling in forms online to say \\u2018you\\u2019re not accepted\\u2019,\\u201D he said.
The festival spokesperson said business owners who were not successful in applying to take part were not contacted in every instance.
A Brisbane City Council spokesperson said \\u200B\\u200Bit was the responsibility of the event organiser to undertake community consultation.
Angeles, who also owns Unbearable Bagels & Coffee in Vernon Terrace, said she expected to lose 50 per cent of business on Saturday because of the festival.
\\u201COur community is having to pick up the tab financially and also physically,\\u201D she said. \\u201CWe\\u2019re the ones cleaning up the vomit and urine.\\u201D
Residents with concerns about the event can contact organisers on 0498 872 607.
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2024If Wes Anderson opened a casual eatery and cocktail joint in Brisbane
the brand-new venue now open at the base of an iconic Teneriffe woolstore on Commercial Road
Taking guests on a culinary adventure across Asia
Henley’s is serving a menu of gastronomic wonders and a selection of punchy cocktails in a colourful setting inspired by the distinctive director’s whimsical works
“I want to sell what people don’t know,” says Tom D’Arcy
the owner of Teneriffe newest eatery and bar
who was previously part of the team behind Fortitude Valley venues Mr
has struck out on his own with the Commercial Road nosh spot
which has been luring in a healthy mix of foodies and film nuts from the jump
Tom is funnelling his love of the offbeat into Henley’s
which he describes as equal parts kitchen and cocktail haunt
Tom has woven threads of two of his major passions into the very fabric of the concept – the sights and sounds of his own travels across Asia
and the works of one of his favourite auteurs
Henley’s is an evocation of Wes’ storytelling in venue form – something Tom says is more of a “tribute and fan addition to the world of Wes Anderson.”
“Most of my travelling has always been around Asia,” says Tom
After signing the lease on the Teneriffe space – an empty shell at the base of the Willoughby & Co
Woolstores – Tom used his imagination to come up with a tale that would sit at the heart of the project
Inspired by the travels of its fictional namesake Arthur Henley
Henley’s charts the intrepid gastronome’s travels across Asia via a menu filled with unique street-food items from Korea
The venue’s modern-industrial bones could have easily lent itself to a speakeasy vibe
but that was the opposite of what Tom wanted
honing in on an interior aesthetic that paid homage to the director’s detail-oriented eye and colour-soaked sets
“What makes his world of cinema unique is its beautiful design – the perfectly imperfect symmetry,” says Tom
“The reason that he can capture those shots is because he builds what’s in the scene
I’m not trying to take a Wes-style photo – I’m making a Wes-style set.”
which is backed by a shelf display housing booze bottles
bric-a-brac and some easter eggs for fans of Wes’ wacky cast of characters
To the left of the entrance sits a formal dining space and the kitchen
while the right is a more casual area with high tops and window stools
The entire venue boasts a vivid colour scheme of lemon yellow
which is offset by timber fixtures and furnishings
The walls are adorned in framed photos of landmarks captured in signature Wes Anderson style
while a couch is artfully positioned next to a rotary phone
which we encourage Wes-savvy guests to put to their ear
to fashion a menu informed by a variety of Asian cooking cultures
The resulting offering mixes some familiar dishes with a plethora of unheralded options – either specialties one can only find overseas
“The aim is to serve unique street food items from across Asia – either our own creation
or something that you just can’t buy,” says Tom
“Things do lean a little bit Korean right now
but we have tried to inject things from other cultures as much as we can
Subscribe for updatesGuests can start with snacks like fried enoki mushroom with Sriracha mayo and black sesame pork loin with cabbage salad
before moving onto skewers of gochujang chicken and chilli-glazed rice cakes
diners can tuck into bowls of Coca-Cola fried rice and Taiwanese knife-cut noodles with crispy pork belly and bok choy
before finishing off with a serve of mango pandan crepes with Biscoff crumble
Tom has also crafted a punchy list of cocktails (all named after iconic characters from Wes Anderson films) that go hard on bold flavours
courtesy of some savvy ingredient substitutions
but totally weird in some ways,” explains Tom
Stand-out sips include the Royal (sesame-washed Johnnie Walker Black with acid-adjusted honey
Chinese five-spice bitters and applewood smoke)
grapefruit bitters and saline) and the Rhett (Tarsier calamansi citrus gin
These concoctions lead a beverage program that also includes a range of bright and fun wines curated by Cork & Co.
Henley’s is serving Vietnamese-style beers
which come with a cylinder of ice to help with dilution
Tom stresses that you don’t need to be a fan of Wes Anderson films to enjoy Henley’s
envisioning the venue as a multipurpose respite for locals seeking something a little bit offbeat
“It’s not a themed place – if you don’t know Wes Anderson
part takeaway – aiming to really cater to everyone in this area
I just want it to be that weird and wonderful place that you want to tell your friends about.”
Henley’s is now open to the public. You can find all the important details over in The Directory
03 May 2024 • 2m read • View Author
Luxury-hotel-confirmed-brisbane-triple-tower-1732001465.png
IHG and Kokoda Property have confirmed that the hotel portion of the developer’s Cottee Parker-designed Skyring Terrace precinct will soon become Queensland’s first-ever Kimpton Hotel, bringing a seldom seen sense of luxury to the inner Brisbane suburb of Teneriffe.
The 155-key hotel will feature a number of architecturally designed rooms and suites, plus a marquee suite for celebrities and VIPs. Regarded as a lifestyle hotel, the Kimpton outpost will comprise a 200-seat restaurant and bar on the 14th floor, a wellness spa, fitness centre, infinity pool and multi-purpose event space.
Kokoda Property Founder and Managing Director, Mark Stevens says the partnership between developer and hotelier is the perfect match for the precinct and wider city.
“The Kimpton brand was the ideal choice for, and will be the centrepiece of, our striking Teneriffe development. The brand’s lifestyle centric positioning, design and playful guest experiences will fit perfectly into this exciting and unique pocket of Brisbane,” he says.
“We’re excited to play a part in the transformation of the historic suburb of Teneriffe from its industrial origins into one of the trendiest suburbs of Brisbane. It’s a popular year-round hub for fitness and is set to get even better with Skyring Terrace to connect Brisbane’s famed riverwalk between Teneriffe and New Farm and become the cultural heartbeat of the lively area.”
When complete, Skyring Terrace will boast three towers that will consist of 380 apartments and 5,000 sqm of retail, co-working and hospitality offerings, plus the 155-key Kimpton Hotel. The proposed ground floor’s layout is characterised by a large plaza, an extended riverwalk, and multiple laneways to improve pedestrian movement, business activity, and urban vibrancy.
Cottee Parker says the riverfront site – the last of its kind in the neighbourhood – will bridge the gap between the historic urban fabric of Teneriffe and the new modern precincts located adjacent.
Construction is due to begin in 2025 with completion scheduled for 2028.
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2024From news of a new Wes Anderson-inspired cocktail bar and kitchen to a new gastropub in Chelmer
The Weekend Edition is always on the search for the latest food news in Brisbane
dedicated to ensuring its readers are in the know
When we put our ears to the pavement this week
If you’ve heard something that’s worth mentioning in The Weekend Edition’s Pavement Whispers, email [email protected].
this mountain range on the Moon looks stunning
How to see Montes TeneriffeWhen the Sun is low
Montes Teneriffe on the Moon is an easy-to-identify mountain range located in the northern part of 1,250km-diameter Mare Imbrium
immediately southwest of the distinctive 101km dark lava-filled crater Plato
The range stands out because it’s located on the flat, dark lava of the lunar mare.
Named after the island of Tenerife in the Canary Islands
the range consists of a few isolated mountains and one three-armed branch
The linear mountain range further to the west isn’t part of Montes Teneriffe
head east for 50km and you’ll arrive at the first massif of Montes Teneriffe
a rough elevation measuring 26km east to west and 18km north to south
Its main peak rises to 2km above the surrounding surface of Mare Imbrium
A wrinkle ridge runs up through this feature
Look 70km south of the main massif and you’ll arrive at 11.6km Pico B
Further east lies the three-armed structure that actually turns out to be a linear structure 63km in length and 20km wide
with a second detached mountain to the north
the division between the two being very narrow
The highest peak on the main section of Montes Teneriffe sits around 1.4km above Mare Imbrium’s surface
while that on the smaller section to the north rises to a maximum height of around 900m
The region immediately to the west of the main east–west structure is occupied by a subtle bulge in the surface of Mare Imbrium
this is a shield volcano rising to an approximate height of around 150 metres
An additional massif is located 27km further to the west of the northern arm of the three-armed main section of Montes Teneriffe
This is 20km x 14km in size and rises to a peak height of around 1.2km
Following the line of the main linear structure within the range points east to a few smaller bumps and craterlets
Follow the line further east and you’ll arrive at the impressive Mons Pico
a 25km x 15km mountain that rises 2.2km above the flat surface of Mare Imbrium
It’s the relatively flat surrounding lava that gives these mountains their visual impact
the mountains appear bright against the darker lava which surrounds them
But it’s when the Sun gets low in their sky that things really start to get interesting
elevated structures cast extensive shadows across the Moon’s surface
but it’s often the case that other structures or rough terrain get in the way and dilute the shadow’s impact
the flat surrounding lava of Mare Imbrium acts as a screen on which these impressive shadows can be displayed
at the times when the Sun is at a low angle
jagged and elongated shadows across the surrounding surface
This often gives the impression that the mountains are much taller than they actually are
If you observe or photograph Montes Teneriffe, let us know by emailing contactus@skyatnightmagazine.com
13 Aug 2024 • 3m read • View Author
Teneriffe_Banks_Marina_Brisbane_River_South.jpgTeneriffe_Banks_Marina_Brisbane_River_South
Teneriffe Banks by leading luxury property developer, Kokoda Property is a $1.5-billion mixed-use global riverfront destination in Brisbane. A collaboration between design partners Cottee Parker Architects, Carr, and Urbis Town Planning and Landscaping, Teneriffe Banks represents the next evolution of Brisbane City, with the precinct to accommodate residential, hotel, commercial, and riverfront dining and retail spaces.
Kokoda Property now offers the first glimpse into what life could look like in one of Brisbane’s largest private developments.
Teneriffe Banks will comprise five distinct buildings: The Interloom (North and South), The Ferry Building, The Store Houses (North and South) and within them, The Woven Lofts.
Set amongst lush gardens and open spaces, Teneriffe Banks connects Skyring Terrace back to the Brisbane River via sprawling laneways including Helen Lane, Wool Lane and Brick Lane.
Situated along the Brisbane River, the Teneriffe Banks flagship buildings known collectively as The Interloom are designed to connect the urban landscape with the waterfront.
The Interloom South will house a collection of two, three and four-bedroom luxury apartments and penthouses with resort-style common amenities including dining rooms, rooftop pool and spa, and coworking spaces.
The Interloom North will be home to Brisbane’s first Kimpton Hotel, which will feature a 200-plus-seat signature restaurant and bar, spa with multiple treatment rooms, a fitness centre, large-scale multipurpose meeting and event spaces, as well as an open-air Garden Terrace complete with infinity pool, and a rooftop bar with spectacular city views.
The Ferry Building, adjacent to the iconic Teneriffe Ferry Terminal, will feature expansive modernist homes with 3.6m ceiling heights.
The Store Houses North and South will be home to modern warehouse residences known as The Woven Lofts, offering a contemporary interpretation of the iconic Teneriffe warehouse, inspired by the world’s best post-industrial homes.
Nestled above The Woven Lofts will sit the fifth collection of homes, The Store Houses, which offer a selection of one, two and three-bedroom apartments, and a unique loft apartment masterfully designed to take advantage of both city and river views.
“Teneriffe Banks is one of the largest private developments within Brisbane and with that, comes a weight of responsibility. We have worked tirelessly to refine the masterplan and vision for the site and believe it will leave a lasting legacy for the city of Brisbane. It will become a global destination where people can meet, connect, and enjoy for generations to come,” said Kokoda Property founder and managing director Mark Stevens.
Commenting on the design collaboration, Stevens said, “The advantage of working with two architectural practices is that they both feed off each other, finding strengths in their respective niches and harmoniously bring them together. I believe we have successfully combined the best of both worlds.”
Award-winning developer Kokoda Property has been given the green light for its $1.5 billion Skyring Terrace project, the largest private development in Brisbane
Located at 17-27 Skyring Terrace, Teneriffe Banks will feature five distinct, slender buildings across 17,612 sqm which will become home to over 200 luxury residences, lofts and penthouses
and the first The Kimpton Hotels & Restaurants
There will also be an expansive commercial offering including over 4,800 sqm of absolute waterfront dining and retail
Kokoda collaborated with partners Carr, Cottee Parker Architects and Urbis to create the precinct
The project’s architecture draws inspiration from Teneriffe’s iconic brick woolstores and structural remnants of the suburb's river industries and was designed with the subtropical Queensland climate in mind
maximising opportunities for outdoor and semi-outdoor active spaces
Kokoda Property Founder and Managing Director Mark Stevens emphasised the importance of enhancing public accessibility to the Brisbane River as a key motivation for acquiring the Skyring Terrace site
“Our vision for the project is to reignite the Brisbane riverfront for a new generation
with 9,331 sqm of the Skyring Terrace development dedicated to being open
lush green public spaces with sprawling laneways and a 220m riverwalk extension," Stevens says
“With 53 per cent of the site being open, green and for public use, our vision sees this reconnection to the Brisbane River in a unique and creative way
“What Kokoda Property and our project partners are creating is not just a global destination in Brisbane
we are breathing new life into a currently underserved yet highly coveted piece of land."
Kokoda says they will release more information on the project in the coming months
Brisbane’s urban landscape is set for a significant transformation as Kokoda Property receives approval for its ambitious $1.5 billion Skyring Terrace project in Teneriffe
hailed as the largest private project in Brisbane
promises to redefine the city’s riverfront and contribute to its ongoing growth
The approved plan for the 17,612 square metre site at 17-27 Skyring Terrace includes five distinct
slender buildings that will house over 200 luxury residences
A key feature of the development is the introduction of Brisbane’s first The Kimpton Hotels & Restaurants
The project also incorporates a substantial commercial component
featuring over 4,800 square metres of waterfront dining and retail spaces
Founder and Managing Director of Kokoda Property
emphasised the project’s focus on enhancing public access to the Brisbane River
“Our vision for the project is to reignite the Brisbane riverfront for a new generation
lush green public spaces with sprawling laneways and a 220-metre riverwalk extension,” Stevens stated
He further noted that 53 per cent of the site will be open
draws inspiration from Teneriffe’s iconic brick woolstores and the structural remnants of the suburb’s river industries
The design also takes into account Queensland’s subtropical climate
This approval marks a significant milestone for Kokoda Property and Brisbane’s urban development
The Skyring Terrace project is poised to become a new global destination
blending heritage with modernity and creating a unique waterfront landmark that will contribute to Brisbane’s evolving cityscape
Kokoda Property plans to unveil more details about this transformative development
which promises to breathe new life into a highly coveted piece of land along the Brisbane River
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News releases
- Announcing IHG’s first managed luxury hotel in the river city - Kimpton in Brisbane’s Teneriffe will boast absolute waterfront access and views across the Queensland capital - Brisbane was Australia’s fastest growing city for the last five years*
Australia: IHG Hotels & Resorts (IHG) will open its first ever managed luxury hotel in Brisbane
following the signing of an agreement with Kokoda Property to bring the Kimpton® Hotels & Restaurants brand to the trendy suburb of Teneriffe in 2028
luxury Kimpton in Brisbane’s Teneriffe neighbourhood will form part of Kokoda Property’s $1.5 billion mixed-use development comprising extensive ground floor hospitality and retail amenity
commercial offices and multiple residential towers in a lifestyle precinct
Providing a welcomed boost to the luxury hotel market in Brisbane
Kimpton will offer approximately 155 unique
including marquee suites that will cater to celebrity guests and VIPs
Remaining true to Kimpton’s global reputation around world-class restaurants
this stunning lifestyle hotel will feature a 200-plus-seat signature restaurant and bar on Level 14
fitness centre and 618sqm of flexible indoor and outdoor event space that makes the most out of Brisbane’s tropical weather
Kimpton will boast absolute waterfront access and views
including a jaw-dropping infinity pool overlooking the Brisbane River and an open-air Garden Terrace bar
Guests will enjoy incredible vistas on each side of the hotel with sweeping water views
or a spectacular outlook of the Brisbane city skyline
anchored in its individual design perspective
to ensure the richest and most immersive brand experience
cool and social inner-city neighbourhood of Teneriffe is the perfect fit for the brand’s guest profile - with trendy wine bars
artisan bakeries and locally loved microbreweries all within walking distance
Founded in 1981 in San Francisco by Bill Kimpton
Kimpton® Hotels & Restaurants’ heartfelt approach to hospitality has translated to unique
With more than 70 hotels and 85 restaurants
Kimpton is the fastest growing relaxed luxury brand globally
The signing adds to IHG’s fast-growing luxury and lifestyle portfolio
and reinforces its focus on its growing presence in Australia
IHG has 14 open hotels and has a further five in the pipeline in Australia for brands including InterContinental
IHG currently has 53 hotels operating under eight brands in Australia
Holiday Inn Express and Holiday Inn Hotels & Resorts
IHG Hotels & Resorts [LON:IHG
NYSE:IHG (ADRs)] is a global hospitality company
with a purpose to provide True Hospitality for Good
With a family of 19 hotel brands and IHG One Rewards
one of the world's largest hotel loyalty programmes
IHG has over 6,300 open hotels in more than 100 countries, and a development pipeline of over 2,000 properties
InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales
Approximately 345,000 people work across IHG's hotels and corporate offices globally
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A 140-year-old crumbling Teneriffe cottage known as ‘the coach house’ has changed hands in an eye-popping $3.05 million deal before it even hit the market
The historic home described as the worst house in Brisbane’s best street was built for under 2000 pounds in the 1880s and stands
on a 271sq m patch of real estate in Queensland’s priciest local market
handled by Matt Lancashire of Ray White New Farm
equates to more than $11254 per square metre and represents a tidy profit for the vendor
Brisbane property developer Craig Lagerroth
The inner-city cottage was built in the 1880s
Mr Lagerroth paid $1.155m for the three-bedroom house at 17 Teneriffe Dr at auction in May 2016 and had since made no changes to his run-down but lucrative inner-city investment
a local architect who planned to renovate the property
which is located next to the Teneriffe Reserve
The coach house was held in the same family for about 100 years from when it was built
with much of its original form and features retained
bought the property at auction in 2016 for $1.55m
very rare that properties come up for sale in that location on Teneriffe Hill and when something comes up you just have to grab it,” Mr Lancashire said
“The property has just transacted for over $3m with no work done to it
and that is testament to the growth in the area
“The buyer knew that it would be hotly contested and hence jumped on it straightaway
Their grand plan is to transform the property and I will be watching it eagerly,” he said
A vibrant palette to match the home’s colourful history
who has restored historic homes around the world
had sought an opportunity to invest in the Teneriffe Hill pocket for several months
“Many of my clients over the last five years have asked about this house since it was sold the last time
so it is an in-demand piece of real estate
and fortunately when speaking to Matt this time
the owners were open to transacting so we were able to get in before anyone else,” Mr Navybox said
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“I won’t say it will be returned to its former glory because it is not going to be a little cottage
it is going to be quite an impressive architectural home
“My client has plans to significantly restore and extend on this beautiful historic property,” he said
PropTrack’s February Market Trends report shows Teneriffe was the most expensive suburb in the state
with house prices up 43.6 per cent over the last year to a median of $3.625 million
riverwalk extensionSophie Foster
Kokoda Property is set to transform Teneriffe’s riverside industrial sand and gravel factory site into a $1.5b mixed-use community precinct
A $1.5b waterfront development in Teneriffe will see over 300 new homes
skybridge and an extension to the riverwalk where a sand and gravel factory now stands
The transformational project by Kokoda Property at 17-27 Skyring Terrace – which is expected to begin construction in late 2024 – will replace Teneriffe’s Industrial Riverside Sands site with a new residential
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Kokoda Property plans to extend the riverwalk opening up the formerly inaccessible space for Teneriffe cyclists
A development application has been filed for the 17,612sq m mixed use site which has more than 220m of river frontage and had housed the sand and gravel business for about 50 years
which bought the site for “upwards of $100m” in May this year
confirmed an “extended riverwalk will improve active transport connectivity for walkers
while new laneways will provide links through the site to the ferry terminal and CityGlider bus stop”
Local mangroves will be retained and encouraged and a skybridge will be built between the towers
“Additionally
a further pathway will be provided for public access on the site’s northern boundary
connecting the newly extended riverwalk back to Skyring Terrace.”
Kokoda Property founder and managing director
Mark Stevens said the project would open up the previously inaccessible waterfront spot to the public
“It is an opportunity to create something special for Teneriffe and the broader neighbourhood that speaks to the history
and sensitivities of the local area,” he said
The project is estimated at $1.5b overall and hopes to begin construction late 2024
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“Kokoda Property is passionate about providing riverfront amenity on this site and we are committed to creating a contemporary
welcoming place that extends Teneriffe’s culture to the riverfront.”
The design partners for the project were Cottee Parker Architects
The site was expected to have “generous landscaping throughout”
keeping mature fig trees and mangroves local to the area
FOLLOW SOPHIE FOSTER ON TWITTER
Three residential towers containing 381 units are proposed for a riverside block of flood-prone industrial land at Teneriffe
Kokoda Property plans to build the towers with a range of one-
on the block at the corner of Skyring Terrace and Commercial Road
An overview of Kokoda Property’s planned three-tower development in riverside Teneriffe
The company has also proposed a 220-metre river walk and a skywalk connecting two of the buildings
with 50 per cent of the site to be open space
was recently owned by Riverside Coal Transport Company Pty Ltd
with Riverside Industrial Sands operating a sand storage and processing business there
A single-storey community centre also sits on the site’s southern corner
working through a company called Skyring Terrace Developments Pty Ltd
says the site must be cleared of industrial contaminants before any work can begin
“The site is not included on the [state government’s] Contaminated Land Register
but is included on their Environmental Management Register,” the development application notes
it is expected that a reasonable and relevant condition requiring a site suitability statement to be prepared prior to commencement of works will be included in any decision for the application.”
which has been meeting with Brisbane City Council planners since March
describes its proposal as the next stage in Teneriffe’s evolution
“The proposed development is a catalytic project which will revitalise and reinvigorate an underutilised site within Teneriffe to provide a new iconic riverside lifestyle precinct that celebrates the importance of the Brisbane River and offers a key destination hub for the area’s growing population,” the application says
The proposed 220-metre river walk would be serviced by the Teneriffe ferry terminal
But it notes that the land is affected by storm surges and subject to “coastal erosion
permanent inundation due to sea level rises at [the year] 2100
as well as medium and high storm-tide inundation”
The development will include 252 underground car parks across two levels
beneath a “false” ground floor that will provide a courtyard
Designers Cottee Parker Architects propose eight storeys of hotel accommodation in one 30-storey tower – the tallest of the three – and communal space for long-term residents
This means 160 of the 381 apartments from levels six to 13 would be high-quality hotel rooms
The yet-to-be-named development would be built in two stages
Stage one would include work along the river
Stage two would include the rest of the development
including 105 apartments and a residential lobby
Kokoda Property’s planned mixed-use development on a 17,612-square-metre site in Teneriffe
has been received by Brisbane City Council but not yet approved
Get the inside word on the news, sport, food, people and places Brisbane is talking about. Sign up for our City Talk newsletter here
A single-storey community centre also sits on the site\\u2019s southern corner
\\u201CThe site is not included on the [state government\\u2019s] Contaminated Land Register
but is included on their Environmental Management Register,\\u201D the development application notes
it is expected that a reasonable and relevant condition requiring a site suitability statement to be prepared prior to commencement of works will be included in any decision for the application.\\u201D
describes its proposal as the next stage in Teneriffe\\u2019s evolution
on \\u201Cunderutilised\\u201D riverside land
\\u201CThe proposed development is a catalytic project which will revitalise and reinvigorate an underutilised site within Teneriffe to provide a new iconic riverside lifestyle precinct that celebrates the importance of the Brisbane River and offers a key destination hub for the area\\u2019s growing population,\\u201D the application says
But it notes that the land is affected by storm surges and subject to \\u201Ccoastal erosion
as well as medium and high storm-tide inundation\\u201D
beneath a \\u201Cfalse\\u201D ground floor that will provide a courtyard
Designers Cottee Parker Architects propose eight storeys of hotel accommodation in one 30-storey tower \\u2013 the tallest of the three \\u2013 and communal space for long-term residents
people and places Brisbane is talking about
breaks $2m average house priceNews Corp Australia
Craig and Michelle Purdy at their home in Abercrombie Street in Teneriffe
Teneriffe has defied a downturn and global pandemic to become Brisbane’s first $2 million suburb
Data from Realestate.com.au reveals the inner-city suburb’s average house price smashed through the elite milestone in June before peaking in July at $2.025 million
Yet agents say that after a bumper quarter of sales
are on course to overtake Teneriffe as being the most expensive place to live
Across the board the increases show that Brisbane’s prestige property market has emerged relatively unscathed from the COVID-19 crisis and may be headed for a sustained period of growth
X-shaped home sells for $4.65m
the average house price in Teneriffe has risen a whopping $1.35 million
Last year the average house price for the suburb was $1.85 million
Realestate.com.au chief economist Nerida Conisbee said the fact that Teneriffe was a relatively small suburb on the river helped increase its desirability
The wool stores buildings add character to the suburb
adjacent to New Farm and with abundant local and nearby amenity also adds to its desirability,” Ms Conisbee said
“While we may be in the middle of the first recession in almost three decades the extremely low cost of borrowing and restrictions on how people can spend is leading to increased demand and prices in many of the blue-chip areas of major capital cities
Architect designed 15 Abercrombie Street is on sale through Heath Williams
“The nature of this recession is such that a typical buyer of properties in Teneriffe has felt little
Potential borrowing capacity may have even increased for some due to low borrowing costs and not being able to spend on luxuries like domestic or overseas travel
Buyers are proving more inclined to put this extra money into a better home.”
Large sales in neighbouring suburbs pushing up average house prices could mean Teneriffe is stripped of its most expensive suburb crown
said Teneriffe’s size had helped push up its average price
“The thing about Teneriffe is that is as developed as it can be
so the market comes down to supply and demand
The demand has always been there but the supply is getting tighter and tighter,” he said
While Teneriffe has held the title of most expensive suburb for some time
leading Ray White estate agent Matt Lancashire said several neighbouring areas could smash through the $2 million average house price barrier once the next quarterly sales results were tallied in December
“Those suburbs with the potential to surpass the $2 million mark would be those now transacting in the high one millions
Others could be Clayfield and Paddington.”
He said while Ascot’s average house price was hovering around $1.5 million
there had been some big sales recently that would push that average up in the next quarter
a landmark historic property at 14 Sutherland Ave
Ray White is selling the apartment at 85 Macquarie Street, Teneriffe
so the only factor that could affect the current momentum is a lack of stock coming to market
It will be interesting to see what happens.”
McGrath estate agent Brett Greensill said it was almost like Teneriffe was designed to be Brisbane’s No.1 suburb
REA chief economist Nerida Conisbee said Brisbane’s prestige market has failed to be affected by COVID-19
“I would be surprised if Teneriffe loses its crown
I think it’s geographically designed to be the perfect location
The only thing holding its average house price back is supply,” Mr Greensill said
“There is no further capacity to develop the riverfront and the same goes for the Hill
Mr Greensill said while that kept the average house price up
it did push buyers unable to find a home in Teneriffe into neighbouring suburbs
“In Teneriffe people are really challenging architecture”
Craig and Michelle Purdy moved to Teneriffe from an acreage property in Fig Tree Pocket eight years ago and have never looked back
who is the executive director of Purdy Developments
said you can’t beat Teneriffe if you want a progressive inner-city suburb
packed with amenities and a community feel
Teneriffe or Newstead and get any service we want,” he said
“It’s a beautiful green suburb with more trees than you would expect
On the Hill you get the breezes off the river and then there’s the wonderful character that the wool stores bring.”
Craig and Michelle Purdy love the living in Teneriffe
While there are less than 400 houses in Teneriffe
a large number are architecturally designed
and you can see the signature stamps of Joe Adsett
BVN Donovan Hill and Craig Channon clearly dotted about the suburb
Tim Stewart designed the Purdy’s home in Abercrombie St
with their stylish suspended fireplace making its way into glossy home magazines
“Teneriffe has some stunning homes,” Mr Purdy said
“It’s a little bit more conservative in neighbouring parts but in Teneriffe people are really challenging architectural concepts and the top architects are designing some beautiful stuff.”
Mr Purdy said he expected an inner-city suburb to be fast-paced and isolated
but for Teneriffe that couldn’t be further from the truth
“I’m surprised how much of a community the inner city is
Everyone is really friendly and there’s a real sense of community
“Twenty years ago if you lived in Teneriffe
estate agents would say you lived in New Farm
– The median property price is $1.962 million for houses; $565,000 for units
– There is currently 73 properties on the market and 59 properties available to rent
– Houses in Teneriffe rent for $880 a week with an annual rental yield of 2.3 per cent
– The suburb is very popular attracting 842 visits per property on listings website realestate.com.au
– It is mainly populated by young professionals and established families
Normalerweise zeichnet, schneidet, klebt Ernst Volland, oder macht Bücher. Hier erzählt er Geschichten.
The cultural society **Liceo de Taoro**, in **La Orotava**, will open an exhibition tomorrow, Thursday (8:00 p.m.), featuring the work of artist **Ernst Volland** (Bürgstadt, 1946)—a photographer, illustrator, gallerist, blogger, curator, and German writer who has lived in **Berlin since 1968**.
Volland, explains **Birgit Rauschenbach**, contemporary art curator and founding member of the **Ojalá** association in **Icod de los Vinos**, specializes in satire, forgeries, and photography.
Birgit Rauschenbach explains that Volland’s most recent works are the *Früchtchen*, in which „he outlines a piece of fruit in ink, resulting in a painting meant to bring a smile.“
„A unique artist, eccentric, original thinker, idealist, curious, nonconformist, a free verse who abhors mediocrity, transgressive, creative, brilliant, alternative, and so on—until all possible adjectives are exhausted—is how specialized critics describe the prolific German artist,“ says **Sebastián Estévez Pérez**, cultural manager.
in the text titled *Ernst Volland, la mirada sardónica* (Ernst Volland, The Sardonic Gaze), which also accompanies the exhibition that will be on display until May 10 at the **Liceo de Taoro** (open daily from 10:00 a.m. to 10:00 p.m.).
The organizers of the exhibition, **Sebastián Estévez** adds, hope that it will help people understand that „the subversive potential lies within the very nature of art.“
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according to Frank Developments managing director Frank Licastro.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“Ducale will include an operable rooftop landing pad dedicated to drones to meet the evolving needs of residents as drone delivery services advance,” Licastro said.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“[The project has] been thoughtfully designed to encompass five double-storey
three-bedroom apartments with dual living spaces and two outdoor entertainment areas.\u003c/p\u003e\u003cp\u003e“We continually strive to future-proof our developments and anticipate how sustainability
\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003e\u003cbr\u003eThe eight-storey slender apartment block would include a rooftop swimming pool and entertainment area
gym and views to the Brisbane River and the city
Work from home meeting rooms and hot desks will also be provided to residents.\u0026nbsp;\u003c/p\u003e\u003cp\u003eBYculpriit co-founder Luke Henderson said the architectural palette took its cues from the colour and textures of Brisbane vernacular and the river
\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003e\u003cbr\u003e“It’s a modest yet elegant addition to Teneriffe
The BYculprit-designed inner-city project was scaled back from initial plans and is being developed in partnership with Epoca Property Group
Ducale would comprise 26 apartments and a family and future-focused design
according to Frank Developments managing director Frank Licastro
“Ducale will include an operable rooftop landing pad dedicated to drones to meet the evolving needs of residents as drone delivery services advance,” Licastro said
“[The project has] been thoughtfully designed to encompass five double-storey
three-bedroom apartments with dual living spaces and two outdoor entertainment areas
“We continually strive to future-proof our developments and anticipate how sustainability
technology and lifestyle will shape our lives in the years ahead.”
The eight-storey slender apartment block would include a rooftop swimming pool and entertainment area
Work from home meeting rooms and hot desks will also be provided to residents
BYculpriit co-founder Luke Henderson said the architectural palette took its cues from the colour and textures of Brisbane vernacular and the river
merging Italian heritage with lush landscaping
“Ducale’s slender vertical form rests lightly on the urban streetscape deviating from the typical podium-style architecture and establishes a more graceful architectural outcome,” Henderson said
“It’s a modest yet elegant addition to Teneriffe
diverging from the conventional podium-style architecture to establish a more graceful architectural outcome.”
Licastro said he would be breaking ground on the project at 33 Wyandra Street early next year and has begun registrations ahead of a launch to market
When that slice of inner-city delights known as Teneriffe was officially named a suburb back in 2010, locals threw a party to celebrate. More than a decade on, the shindig is still going strong — you know it as the Teneriffe Festival
the event will boast another wide-ranging day of fun
aka the kind of shindig that previous attendees have come to expect
all helping locals and visitors alike make the most of the bustling locale
you'll know that isn't really a party in this town of ours if the latter isn't on the lineup
The music program is curated by the crew from The Triffid — they are right there in the neighbourhood — and doesn't stop with its headliners
Also hitting Teneriffe Festival's two stages: the likes of The Steele Syndicate
Between stints of dancing in the street — including at a jazz-fuelled
wine-pouring riverside garden — attendees will be able to sample the area's bars and restaurants
then walk around more than 100 bespoke market stalls
Food and drink-wise, everyone from Botany, Zero Fox and Rita's Tequila Tacqueria to Siffredi's and Dalgety Public House are joining in — and more than 50,000 people have attended in previous years
BIG money continues to change hands at the top end of town in Brisbane
with the historic home of a tiling tycoon fetching $8.5m — setting a new suburb record for Teneriffe
Records show the federation Queenslander on a huge block in Kingsholme Street has sold to Ameet Jeraj
the managing director of the Infinity Group — Priceline’s largest Australian franchisee
The property has three-street frontage and sits on a 1151 sqm block in the heart of Teneriffe
Still building: The developers beating Qld’s construction industry crisis
Ray White Qld boss sells his New Farm cottage for $2.3m
It last sold in 2008 to Loui and Maureen Majer for $2.6m
Ivo Kornel of Sixty Four Property negotiated the sale of the 1901-built property
which is now advertised for rent for a tidy $3000 a week through Ray White New Farm Rentals — one of the most expensive properties advertised for rent in Brisbane
The pool is reminiscent of a Slim Aarons photo shoot location
founded Majer Tiles and was regarded as a leader in the industry before selling the business to Beaumont Tiles in 2013
which is extremely rare in the inner city suburb — and sweeping views of Brisbane’s skyline
Commanding three street frontages and 1,151 sqm of blue-chip land
it’s also one of the largest Teneriffe landholdings to come to market in recent years
The home has retained its original historic features
There’s a large wraparound verandah for entertaining
and a pool reminiscent of a Slim Aaron’s photo shoot
The last recorded highest residential sale in Teneriffe was for a unit in the tightly-held riverfront complex
The home has wraparound verandas and a cosy courtyard for entertaining among lush gardens
The ground floor unit in the complex at 11/1 Macquarie Street is currently on the market with Matt Lancashire of Ray White New Farm
It comes after a flurry of prestige sales in Brisbane in recent weeks
a mansion at 38 Eldernell Tce in Hamilton sold for $7.3m through Damon Warat of Ray White Ascot
And another trophy home at 22A Crescent Rd
fetched between $9 m and $10m the week prior