SOLD
RECENT ADVICE
Sold on 30 Aug 2024 for $1,525,000

118/54 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Save

Property Details for 118/54 Vernon Tce, Teneriffe

118/54 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment

Last Listing description (August 2024)

On the top floor of the Winchcombe Carson Woolstore, Unit 118 presents an exceptional opportunity to secure an immaculately appointed apartment.
This home features a striking custom designed and built upgrade to the living area. This bespoke addition seamlessly combines a galley-style kitchen, integrated pantry and study nook that maximise the use of space while seamlessly blending in with the heritage structures.

Residents will delight in the carefully considered layout and impeccable addition to the living space that joins perfectly with the spacious entertainer's balcony.

Property Features include:

- 2 Bedrooms
- 2 Bathrooms
- 1 Car space with above-car storage
- 114 SQM
- Top floor apartment
- External entertainer's balcony
- 8m high ceilings
- Custom designed & built kitchen/pantry/study nook
- Solid spotted gum joinery
- Traceless black custom cabinetry
- White attica benchtops with matching backsplash
- 2 Asko ovens: pyrolytic & steam oven combination
- Asko gas cooktop & rangehood
- AEG dishwasher
- Built-in wine fridge
- Main bedroom with L-Shaped walk-in robe and ensuite
- Built-in laundry & linen storage

An elegant combination of solid spotted gum timber and traceless black custom cabinetry commands the apartment, standing in beautiful contrast to the heritage features. A standout feature, this design skillfully blends aesthetics and carefully considered functionality to maximise the use of space.

The striking kitchen with white attica benchtops and matching backsplash offers ample preparation space and storage including a concealed pantry. Avid chefs will enjoy the two separate Asko ovens and gas cooktop and rangehood, and the integrated wine fridge will delight the avid entertainer.

Designed with contemporary lifestyles in mind, the kitchen flows elegantly into the built-in home office space, providing a comfortable setup for professionals working from home, or children needing a desk to study.

Soaring ceilings and large glass sliding doors add a sense of space to the living area, which leads onto the generous entertainer's balcony. This layout maximises the use of the elongated floor plan and offers pleasant indoor-outdoor living.

Tucked away at the opposing end of the apartment are both bedrooms, with soaring ceilings and louvre windows to create airflow. The main bedroom enjoys access to an ensuite bathroom and an L-shaped walk-in wardrobe, and the main bathroom houses the laundry and built-in linen storage.

Sprawling 114 SQM of living space, with untouched eight metre high ceilings, there are ample options you can explore, should you want to further customise the apartment to capitalise on the vertical space.

An enthralling residence in a highly-sought after heritage building, don't miss the opportunity to secure this luminous apartment in the heart of Teneriffe. Indulge in the impeccable lifestyle on offer, making the most of the proximity to Brisbane's best entertainment precincts just minutes away.

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 and a number of other inner-city private schools

This property is going to AUCTION on Thursday, August 29th at 5PM, on-site.

Property History for 118/54 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,525,000
30 Aug 2024
Listed for Rent
$550/w
23 Jun 2012
  • 30 Aug 2024
    Sold for $1,525,000
  • 09 Aug 2024
    Listed for Sale Under Contract
  • 25 Feb 2024
    Sold for $1,450,000
Sign in to see more transactions

Commute Calculator

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 3,769 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 21 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 232 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

Market Insights
Teneriffe Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Teneriffe Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Ben Percival
Show contact details
Simon Petrie
Show contact details
Ray White New Farm
Preferred contact:
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.