SOLD
RECENT ADVICE
Sold on 28 Mar 2024 for $1,205,000

12/39 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
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Property Details for 12/39 Vernon Tce, Teneriffe

12/39 Vernon Tce, Teneriffe is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
92m2
Local Government
Brisbane
Lot/Plan
12/BUP105730

Last Listing description (March 2024)

Capturing breathtaking views of the Brisbane river, Unit 12 occupies a prime position on the first floor of Goldsborough Place, in the heart of Teneriffe.

Boasting an appealing layout and tremendous potential, the open plan living and dining space captures the enviable, uninterrupted aspect. Immaculately located between the riverwalk and Teneriffe's liveliest lifestyle destinations, seize this fantastic opportunity to secure a home in the tightly held Goldsborough Place building!

Property features include:

• 2 Bedrooms
• 1 Bathroom
• Separate powder room
• 1 Car space (with storage room)
• Direct riverfront
• Balcony with unimpeded riverviews
• Timber floors
• Juliet balcony to the main bedroom
• Lift access

The inviting interiors provide ample separation between the main bright and airy living quarters that open onto the balcony to harness the magnificent river, and the bedrooms, nestled in the rear of the apartment.

Both bedrooms feature built-in closets and louvre windows to capture the breeze, and the main bedroom enjoys an enclosed juliet balcony. The main bathroom, with a convenient shower over bath, is connected to the separate powder room via the internal laundry.

A superb apartment with tremendous potential and lift access, opportunities to buy into Goldsborough Place are few and far between. Residents enjoy access to fantastic facilities, including a 25 metre lap pool overlooking the river, as well as proximity to an array of Teneriffe's most animated cafes and restaurants and direct access to the riverwalk.

Indulge in the exceptional lifestyle on offer, or secure an investment property with a fantastic yield. Wander along the boardwalk, discover Teneriffe and nearby Newstead and New Farm or make the most of the impeccable connection to the public transport network to explore or commute. Fantastic access to main roads leads you to major motorways and the Brisbane Airport within moments - this is riverside, inner-city living at its very best.

BUILDING FEATURES
• Direct access to the riverwalk
• 25m lap pool overlooking the river
• Fully equipped residents' gym
• Barbecue facilities
• Secure car park
• Security access
• On-site management

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 12/39 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,205,000
28 Mar 2024
  • 28 Mar 2024
    Sold for $1,205,000
  • 21 Mar 2024
    Listed for Sale Under Contract
  • 08 Dec 2015
    Sold for $628,000
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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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Ben Percival
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Dimitri Manolis
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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.