OFF MARKET

103/54 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 78m2
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Property Details for 103/54 Vernon Tce, Teneriffe

103/54 Vernon Tce, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1911. The property has a land size of 78m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1911
Floor Size
71m2
Land Size
78m2
Local Government
Brisbane
Lot/Plan
103/SP142198

Last Listing description (April 2023)

If you've fallen for the Woolstore charm - timber floors, soaring ceilings and loft-style living - but aren't looking for a massive floorplan, then you've come to the right address.

Unit 103, on the top-floor of the Winchcombe Carson Woolstore packs a punch: boasting all the sought-after heritage features as well as an external north-facing balcony with city glimpses, this unit is nothing short of a winner.

A luminous mezzanine lends itself to a variety of uses: A private, yet spacious bedroom - the floor to ceiling windows allows ample gentle northern sunlight to flood the space - a study, second living area or multi-purpose space - the choice is yours.

On the lower level, the kitchen is tucked away underneath the stairs, offering plenty of convenient storage space.

The enclosed balcony offers a space to enjoy the fresh air, while offering shade and shelter from the elements - perfect for hot Brisbane summer days!

Positioned at the opposite end of the apartment, the main bedroom enjoys a unique sense of space thanks to the double height ceilings under the sawtooth roof.

This apartment lends itself perfectly to young professionals looking to call Teneriffe home, or investors wanting to add a unique heritage offering to their portfolio!

Home to an impressive array of cafes, restaurants and bars, Teneriffe is undoubtedly one of Brisbane's premiere lifestyle destinations! Combining village atmosphere with a central inner-city location, just 3km from the CBD and a short drive to Brisbane Airport and major motorways, it doesn't get much better than this!

PROPERTY FEATURES
2 Bedrooms
1 Bathroom
1 Car Park
78 SQM
Freshly painted
Covered balcony with exposed brick walls
Northern aspect

BUILDING FEATURES
Onsite Management
Large Swimming Pool
BBQ Area
Secure Building with Lift Access
Secure underground car park
Pet friendly building (subject to approval)

SUBURB FEATURES
Easy access to public transport network, including CityGlider Bus & Ferries
Multitude of cafs, restaurants, bars and specialty shops
Walking distance to CBD, Gasworks Precinct, James Street and Fortitude Valley
Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link
4 km to CBD
10 km to Brisbane Airport
2 km to Bowen Hills Train Station
New Farm State School Catchment zone
Holy Spirit Primary School New Farm

Property History for 103/54 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$730,000
16 Mar 2023
  • 16 Mar 2023
    Sold for $730,000
  • 16 Feb 2023
    Listed for Sale Auction
  • 03 Nov 2005
    Sold for $361,000
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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 3,772 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 27 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.