OFF MARKET

115/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 104m2
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Property Details for 115/53 Vernon Tce, Teneriffe

115/53 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 104m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1900
Floor Size
104m2
Land Size
104m2
Local Government
Brisbane
Lot/Plan
115/BUP103463

Last Listing description (June 2022)

Nestled on the top floor of the Mactaggarts Woolstore, this generously sized unit affords views over the luscious private gardens and Riverwalk, and across the Brisbane River to the banks of Bulimba. Tastefully renovated, this apartment is presented to the market in pristine condition for you to call it home without needing to lift a finger.

Spread over two levels, the top floor offers the perfect master retreat. Ascend the stairs to access the airy study, which can be repurposed in a multitude of ways - home office, sitting area, yoga space or perhaps a sewing room - the choice is yours. Tucked away behind the ensuite is the master bedroom, complete with soaring ceilings as well as saw-tooth windows to allow ample daylight to stream in.

On the ground floor, the sun-drenched open-plan living and dining area gazes out towards the river, offering splendid sunrise views and glimpses of palm trees swaying in the breeze, perfectly complementing the subtle coastal chic style of this property.

The kitchen is kept in a minimalistic design, with timber panelling creating a warm contrast to the white surfaces.

Tucked behind the kitchen is the second bathroom and laundry, followed by the second bedroom overlooking the internal balcony, here presented as an ideal home office.

Seamlessly combining the sought after heritage Woolstore features such as exposed brick walls and timber beams with a stylish and practical renovation, this property is certain to catch the eye of countless keen buyers.

Positioned in the vibrant heart of Teneriffe, you're mere steps away from the nearest transport options, enjoy direct access to the Riverwalk from the communal gardens, and can enjoy some of the finest cafs and eateries in the area on your doorstep!

PROPERTY FEATURES
2 Bedrooms
2 Bathrooms
1 Car Park
104 SQM
River facing apartment
Split level unit
Generous floor plan
Fully renovated
Internal courtyard

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
A 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

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Property History for 115/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$945,000
27 Apr 2022
  • 27 Apr 2022
    Sold for $945,000
  • 14 Apr 2022
    Listed for Sale Under Contract
  • 08 Mar 2021
    Sold for $760,250
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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 22 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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