OFF MARKET

110/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 80m2
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Property Details for 110/53 Vernon Tce, Teneriffe

110/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 80m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
1930
Floor Size
75m2
Land Size
80m2
Local Government
Brisbane
Lot/Plan
110/BUP103463

Last Listing description (June 2017)

Modern meets tradition in this funky loft-style woolstore apartment featuring Matt Stewart artwork. Offering all the lifestyle of one of Brisbane s most sought-after precincts, it s the perfect option for those that appreciate all aspects of savvy residential design.
Sitting somewhere between a Cullen Art Series boutique hotel and slick inner city apartment, this 1.5 bedroom woolstore demonstrates a keen understanding of modern design. New hardwood floors and industrial-chic pendant lights play up the contemporary feel, and compelling wall murals and artworks by renowned Brisbane artist Matt Stewart offer a pop of vibrant colour and bold personality. Not only can Stewart s works be found around Brisbane, but he has been featured on The Block and created original pieces for the likes of Disney, Megan Gale and other international names.
The residence features a bespoke design conceived to allow maximum storage and ease of living. Raked ceilings and louvered skylight-style windows encourage cooling breezes and natural light while adding to an overall sense of space. This is highlighted by a generous living room tucked away so as not to intrude on other areas of the home. This includes an open dining and kitchen area complete with large island bench and such stainless steel appliances as an electric cooktop and oven and dishwasher drawer.

The master bedroom encompasses an upper level overlooking the floor plan below a spacious haven that s enhanced by the soaring ceilings and a built-in bed frame, pendant lighting, ceiling fan and built-in robe. Adjoining the master, a second bedroom/home office is an adaptable space with a built-in cabinetry and disguised bed. Other outstanding features include custom cabinetry throughout for additional storage, split system air conditioning and lock up storage adjoining the secure car space.
Another drawcard of this apartment, is the stunning location in Teneriffe s iconic Mactaggarts woolstore. The complex offers the benefits of a resident-only sparkling pool, landscaped gardens and BBQ area, all positioned along the Bulimba reach of the Brisbane River. Alternatively, escape the complex all together for the tranquility of morning or evening strolls along the riverfront.
Sample the spoils of Teneriffe s many cafes and eateries at your doorstep, or easily walk to nearby James Street or Gasworks. It s a mere 2.5 kilometres from the CBD, with a range of public transport right at your doorstep. This includes the CityCat, Cross-River Ferry, City Glider and other bus services.

Property History for 110/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$460,000
01 Dec 2016
Listed for Rent
$899/w
13 Aug 2015
  • 01 Dec 2016
    Sold for $460,000
  • 26 Oct 2016
    Listed for Sale Offers Over $445,000
  • 23 Jul 2015
    Listed for Rent - Price not available
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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 3,793 properties. Over the last 5 years, Houses in Teneriffe have seen a 6.11% increase in median value, while Units have seen a 65.57% increase. As at 30 November 2024:

  • The median value for Houses in Teneriffe is $1,852,817 while the median value for Units is $1,007,377.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 21 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 230 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.