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Sold on 21 Sep 2024 for $679,000

10/36 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 55m2
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Graczyk Thompson Newstead
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Property Details for 10/36 Vernon Tce, Teneriffe

10/36 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 55m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1920
Floor Size
105m2
Land Size
55m2
Local Government
Brisbane
Lot/Plan
10/SP203736

Last Listing description (October 2024)

Welcome to Teneriffe, where history meets modern luxury. This stunning one-bedroom apartment located in the iconic London Woolstore building presents a unique opportunity for one lucky buyer to experience the perfect blend of heritage architecture and modern design. Originally built in 1912 and transformed into apartments in the late 1990s, this building has become one of Teneriffe's most sought-after addresses.

Apartment 10/36 Vernon Terrace offers an open plan living space flooded with natural light, soaring ceilings with exposed beams, providing a space full of character and charm.
The chic galley style kitchen is perfect for the home chef and boasts a modern benchtop, mirrored splash backs, gas cooking, and new high-quality Smeg appliances. The living area is perfect for entertaining family and friends, with high ceilings and plenty of natural light and breezes all year round.

The spacious bedroom offers loads of storage space behind a mirrored sliding built-in robe, and a dedicated built-in study desk is located next to the bedroom for added convenience. The full-size bathroom with internal laundry facilities is situated in the center of the apartment.

Enjoy the lush, leafy walkways and peaceful communal areas in the complex, or relax by the resort-style pool as you soak up the sun. With secure intercom access and a designated car space, you can enjoy peace of mind knowing you are in a safe and secure environment.

Located just minutes from Brisbane's riverwalk and Teneriffe ferry, as well as the cosmopolitan New Farm, James Street, and Gasworks eateries, you will have access to some of Brisbane's most popular shopping and dining precincts right on your doorstep.

Features include:
- Stunning heritage building
- High exposed beamed ceilings
- Large, framed glass double doors bathed in natural light
- Modern kitchen with new Smeg appliances & gas cooking
- Full size bathroom with internal laundry facilities
- Timber floors throughout
- Ducted air-conditioning
- Separate study nook
- Plush carpet in bedroom
- Intercom access
- Secure car space
- Resort style swimming pool
- Minutes away from Brisbane's riverwalk and Teneriffe ferry
- Less than 700m from Gasworks with shopping and dining

BUILDING FEATURES
- Great Onsite management
- Well maintained complex
- Lift access
- Secure Intercom access
- Stunning pool amongst lush landscaping
- Multiple food and beverage options on the ground floor

NEARBY FEATURES

Lifestyle
- Cafes, restaurants, bars and shopping less than a minute's walk
- Short walk to the CBD, Gasworks, James Street Precinct and Fortitude Valley
- Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves

Public Transport
- 4 km (15 min drive) to Brisbane CBD
- 13km (20 min drive) to Brisbane Airport
- 2 km (5 min drive) to Bowen Hills Train Station
- Teneriffe CityGilder (bus) and CityCat (ferry) terminal & BCC Bus stop

Education
- New Farm State School & Fortitude Valley State School Catchment zone
- Proximity to Holy Spirit Primary School New Farm & All Hallows School
- Short drive to Brisbane Grammar School, Brisbane Girls Grammar School

Disclaimer: Every care has been taken to ensure accuracy of this advertisement, but any potential buyer should undertake their own investigations.

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Property History for 10/36 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$679,000
21 Sep 2024
  • 21 Sep 2024
    Sold for $679,000
  • 03 Sep 2024
    Listed for Sale Offers over $675,000
  • 26 May 2023
    Sold for $570,000
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About Teneriffe 4005

The size of Teneriffe is approximately 0.9 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Teneriffe in 2011 was 4,700 people. By 2016 the population was 5,344 showing a population growth of 13.7% in the area during that time. The predominant age group in Teneriffe is 30-39 years. Households in Teneriffe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Teneriffe work in a professional occupation. In 2011, 41.6% of the homes in Teneriffe were owner-occupied compared with 42.3% in 2016.

Teneriffe has 3,760 properties. Over the last 5 years, Houses in Teneriffe have seen a 26.46% increase in median value, while Units have seen a 64.11% increase. As at 30 September 2024:

  • The median value for Houses in Teneriffe is $2,131,809 while the median value for Units is $987,908.
  • Houses have a median rent of $890 while Units have a median rent of $750.
There are currently 24 properties listed for sale, and 16 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Teneriffe.

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