SOLD
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Sold on 04 Mar 2024 for $1,225,000

130/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 125m2
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Property Details for 130/53 Vernon Tce, Teneriffe

130/53 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Floor Size
125m2
Local Government
Brisbane
Lot/Plan
130/BUP103463

Last Listing description (March 2024)

Auction Location: In-Rooms | 10 James Street, Fortitude Valley

A celebration of sophisticated industrial-inspired design, this two-bedroom property invites you to secure an exclusive address within a coveted enclave. Built in 1926 and tastefully updated, this character-rich residence is only metres from the Brisbane River and the Teneriffe Ferry Terminal.

Set on the top level of the sought-after 'Mactaggarts Place' complex and boasting a prime corner position, the apartment is a refined fusion of exposed brick walls and timber floors. Soaring ceilings with exposed beams add a sense of grandeur, while also allowing natural light to flow throughout the property.

On the residence's first level, a generous open-plan living and dining area sets the scene for relaxed yet luxurious living. Accented by a grand timber staircase, this airy central space adjoins a superb kitchen displaying quality appliances, a breakfast bar and ample cupboard storage. Those who prefer to dine out will also appreciate the wide array of acclaimed restaurants, cafes and bars just moments away.

Upstairs, a mezzanine-style master bedroom features a built-in desk and attached ensuite. A second bedroom or potential study is on the first level, in addition to another full bathroom with laundry amenities.

Complete with an extra-wide carpark space, the apartment also includes air-conditioning and secondary glazing on the windows for acoustic and thermal insulation, as well as access to the complex's riverfront swimming pool.

Close to scenic riverwalks and city-bound bus stops, this sensational property is a leisurely stroll from Teneriffe's famed retail and dining options. The fashionable James Street, Gasworks Plaza and Howard Smith Wharves precincts are nearby, ensuring a fantastic cosmopolitan lifestyle. Do not miss this exclusive opportunity – call to arrange an inspection today.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 130/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,225,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $1,225,000
  • 20 Feb 2024
    Listed for Sale Auction
  • 21 Dec 2002
    Sold for $314,000
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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 3,772 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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Alex Rutherford
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Taylor Mclure
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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.