SOLD
RECENT ADVICE
Sold on 22 Nov 2023 for $610,000

106/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
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Property Details for 106/53 Vernon Tce, Teneriffe

106/53 Vernon Tce, Teneriffe is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
73m2
Local Government
Brisbane
Lot/Plan
106/BUP103463

Last Listing description (November 2023)

Whether you are looking for an investment property, or simply want to enjoy the Teneriffe lifestyle, this property ticks all the boxes.

This wonderfully spacious top floor apartment, boasts 2 sizeable bedrooms, with the perfect aspect allowing for a cooling breeze and an abundance of natural light to spill through the entire apartment at all times of the day. Downstairs, the large master bedroom details a built-in wardrobe and beautifully maintained bathroom; whilst the open plan living area features double height ceilings with exposed beams and numerous windows. Walk upstairs to a loft style mezzanine retreat complete with a second bedroom and wardrobe, plus a multipurpose room that can be utilised to a buyers preference - whether that be as a study, rumpus, or home office.

As the last remaining Woolstore building on the riverfront in Brisbane, the Mactaggarts Place features a lovely pool, BBQ and gazebo area overlooking the Brisbane River - an idyllic destination to relax in the sun all year long. Teneriffe offers accessibility to the best lifestyle options Brisbane has to offer. Whether it's strolling along the river walk to New Farm Park and beyond; commuting via the CityCat ferry and CityGlider buses positioned next to Mactaggarts Place, or exploring the dining, retail and cultural destinations of the inner city - everything is within reach!

Notable Features Include:
• 2 Generous bedrooms
• Open plan multi-purpose room
• Beautifully maintained bathroom + laundry space
• Value add potential through renovation
• Soaring double height ceiling ad exposed beams

Building facilities:
• Riverfront swimming pool
• BBQ & Gazebo set in riverfront gardens
• Onsite management
• Direct access to river board walk
• City cat & bus stop at your front door
• Walking distance to Gasworks Plaza
• Secure undercover car park and visitors car-park
• Several entry points to complex
• Recent master plan refurbishment
• Intercom access

To obtain further information or to arrange an inspection, please contact Ben Percival on 0406 606 778 or Josh Hooton on 0431 431 558.

Property History for 106/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$610,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $610,000
  • 24 Sep 2023
    Listed for Sale Offers Over $585,000
  • 04 Feb 2020
    Sold for $460,000
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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 3,810 properties. Over the last 5 years, Houses in Teneriffe have seen a 16.49% increase in median value, while Units have seen a 63.81% increase. As at 31 August 2024:

  • The median value for Houses in Teneriffe is $1,942,745 while the median value for Units is $981,120.
  • Houses have a median rent of $840 while Units have a median rent of $750.
There are currently 30 properties listed for sale, and 25 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Ben Percival
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Josh Hooton
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Ray White New Farm
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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.