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Sold on 02 Sep 2024 for $955,000

102/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
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Property Details for 102/53 Vernon Tce, Teneriffe

102/53 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
97m2
Local Government
Brisbane
Lot/Plan
102/BUP103463

Last Listing description (September 2024)

On the top floor of the Mactaggarts Woolstore, north-facing Unit 102 boasts a unique and desirable floor plan as well as ample louvre windows, offering both airflow and privacy, offering enviable river views towards Hamilton Hill.

Spanning 97 SQM across two levels the layout makes optimal use of the vertical space beneath the soaring sawtooth rooftop, while creating private areas for both bedrooms. The mezzanine houses the main bedroom with its walk-in robe and ensuite, the hardwood floors complementing the original brickwork and adding warmth to the monochromatic palette.

The second bedroom is nestled beneath the upper level, offering a comfortable space to retreat, complete with a built-in wardrobe. The carpeted and elevated living and dining area are positioned on an angle, running the entire length of the original brick walls. Enjoy ample natural light spilling in through the sash windows, capturing the beautiful panorama, as well as glimpses of the building's internal through large glass sliding doors and retractable plantation shutters.

The kitchen is kept in a minimal black and white colour palette, with stainless steel benchtops adding an industrial touch and white high-gloss cabinetry blending seamlessly with the surroundings. Also on this level is the second bathroom which houses the laundry and storage.

The ideal property to move into or rent out immediately, Unit 102 offers opportunities to enjoy a magnificent space, or reimagine its interiors to suit your imagination! Enjoy direct access to the Teneriffe boardwalk through the lush manicured gardens and discover the exceptional lifestyle at your doorstep!.

Just steps from the Teneriffe ferry and bus terminal, moments to local shops and cafes and within walking distance to many of Brisbane's lifestyle precinct, commuting to the CBD or heading to the airport is a breeze, with easy access to major roads and motorways!

For more information about this property, please contact Ben Percival on 0406606778.

Property features include
• 2 Bedrooms
• 2 Bathrooms
• 1 Car Space
• Split level layout
• North-facing position
• Enviable river and urban views
• Mezzanine level retreat with hardwood floors
• Ample louvre windows throughout
• Second bedroom with built-in wardrobes
• Large sliding glass doors with plantation shutters
• Unique position on the northern facade of the building
• Renovated kitchen with hardwood floors
• Updated bathrooms
• Carpeted living and dining area
• Hardwood floating staircase
• Hardwood floor in entry

BUILDING FEATURES
• Only Woolstore with direct riverfront
• Outdoor pool, BBQ & gazebo areas and gardens area overlooking the Brisbane River
• Immediate access to Riverwalk
• Excellent proximity to CityCat Ferry Terminal, CityGlider and Bus Terminal
• Secure parking
• Onsite Management

SUBURB FEATURES

Lifestyle
• Multitude of cafés, restaurants, bars and specialty shops
• Walking distance to Brisbane CBD, Gasworks Plaza Precinct, James Street Precinct and Fortitude Valley
• Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
• Easy access to public transport network
• Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link Tunnel
• Transportation
• 4 km (15 min drive) to Brisbane CBD
• 15km (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 and a number of other inner-city private schools

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Property History for 102/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$955,000
02 Sep 2024
Listed for Rent
$670/w
07 Nov 2023
  • 21 Aug 2024
    Sold for $955,000
  • 31 Jul 2024
    Listed for Sale Under Contract
  • 01 Nov 2023
    Listed for Rent $670 / week
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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 3,771 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.18% increase in median value, while Units have seen a 66.73% increase. As at 31 October 2024:

  • The median value for Houses in Teneriffe is $2,045,362 while the median value for Units is $996,566.
  • Houses have a median rent of $858 while Units have a median rent of $750.
There are currently 29 properties listed for sale, and 20 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Teneriffe.

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Ben Percival
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Josh Hooton
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Ray White New Farm
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