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Sold on 17 Apr 2024 for $3,200,000

113/54 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 214m2
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Property Details for 113/54 Vernon Tce, Teneriffe

113/54 Vernon Tce, Teneriffe is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
214m2
Local Government
Brisbane
Lot/Plan
113/SP142198

Last Listing description (April 2024)

Featuring monumental dimensions on the front corner of the Winchcombe Carson Woolstore, Unit 113 is a sight to behold.

Occupying a prime position in a sought-after building, an opportunity presents itself to secure an apartment that ticks every box.

Sash windows in the living and dining areas offer a panorama of the Brisbane River. An external balcony, sheltered and overlooking Ethel Street, offers a perfect entertaining area. Sitting on the top level of the building, this property boasts soaring sawtooth ceilings with skylights, timber floors, and original brick walls. Every corner of this apartment oozes with character, perfectly paired with modern convenience.

Property features include:
• 3 Bedrooms
• 2 Bathrooms
• 2 Car spaces
• 214 SQM
• Single-level floor plan
• Front corner position
• Top-floor apartment
• River views
• Cathedral-height ceilings with skylights
• Open-plan living and dining space
• Exposed brick walls
• Renovated interiors
• Gas cooktop
• Main bedroom with walk-in robe and ensuite
• Ample storage space

An apartment of awe-inspiring scale, the layout is cleverly configured to create separation and privacy without encroaching on the vast open layout of this spectacular home.

The large open-plan living and dining area blends beautifully with the renovated kitchen, fitted with a gas cooktop, creating a welcoming space to retreat, relax or entertain.

A sleek design, the stone bench tops and cabinetry provide ample storage space complement the exposed brick walls and original timber beams, allowing the unique character of this home to be the star of the show.

Original windows, framed by louvre shutters, afford enviable views of the river and beyond, capturing the eastern morning sun and gentle breezes coming off the water, drenching the space in natural light.

An enclosed study offers a quiet and private space for a work from home setup, or other use of your choice, without disrupting the flow of the space.

The oversized main bedroom is a serene retreat, flooded with light, complete with a generous walk in robe and ensuite for comfort.

The second and third bedroom, both fitted with built-in wardrobes enjoy direct access to the balcony, benefitting from additional natural light and circulation!

The main bathroom is spacious and also houses the laundry. The unit boasts plenty of storage space throughout, offering practicality and convenience.

Apartments of this caliber and unique appeal rarely come up for sale, garnering overwhelming interest when they hit the market.

Don't miss an incomparable chance to secure a jaw-dropping apartment in an unbeatable location. Indulge in the enviable Teneriffe lifestyle, making the most of the proximity to major entertainment precincts, the CBD, and Brisbane Airport. Optimally connected to the public transport network, with excellent access to major roads and motorways, a short trip will take you to any destination, near or far!

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

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

Property History for 113/54 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$3,200,000
17 Apr 2024
  • 05 Apr 2024
    Sold for $3,200,000
  • 23 Feb 2024
    Listed for Sale For Sale
  • 09 Apr 2022
    Sold for $2,475,000
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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 3,771 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 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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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.