OFF MARKET

151/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 75m2
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Property Details for 151/53 Vernon Tce, Teneriffe

151/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1926. The property has a land size of 75m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1926
Floor Size
75m2
Land Size
75m2
Local Government
Brisbane
Lot/Plan
151/BUP103463

Last Listing description (September 2022)

Welcome home to this beautiful apartment in the highly sought after building of Mactaggarts Place. This dual living apartment boasts an incredible layout designed to suit anyone. Main bedroom and bathroom downstairs with a second room upstairs, this floorplan will make you question why you hadn't bought here before today! There is potential to add a second bathroom upstairs as well. The opportunity is endless! The interiors have great bones to create a modern contemporary living environment within the walls of a 95 year old industrial building. Rough textured brick walls, double height ceilings exposing original timber trusses and huge Iron Bark timber beams contrast with modern style kitchen with chic finishes. Situated in the only Riverside Woolstore in Teneriffe "Mactaggarts Place". Spacious open plan living apartment on the City side of the building with all the old world charm boasting original exposed red brick feature wall, sash windows, timber beams & high lofted ceilings.

PROPERTY FEATURES
1 Bedroom plus a second room upstairs for guests

75 SQM with every inch maximised for its full use
Third Floor apartment in this amazing apartment
Extra high loft style apartment ensuring the spacious feel is carried throughout.
- Light coming in from all angles

About Mactaggarts:
- Mactaggarts (1926) is the last remaining riverfront woolstore apartment complex
- lots of history and cool original features
- beautifully maintained sub-tropical gardens
- in-ground pool on the river
- BBQ and entertaining area
- 1-2 minute walk to: ferry terminal, bus-stop, cafes and restaurants
- 15 minute walk to James Street
- 6 minute walk to Gasworks
- 3 minute walk to new Metro Woolworths (corner Commercial and Florence)

Mactaggarts Place is a heritage listed converted Woolstore building (circa.1926). It's the last remaining Woolstore building on the riverfront in Brisbane. The architectural features blend in so well with the Teneriffe lifestyle, and at your door the exciting cafe culture that makes Teneriffe one of the most vibrant areas in Brisbane to live and play.

Property History for 151/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$620,000
17 Aug 2022
Listed for Rent
$420/w
20 Oct 2010
  • 17 Aug 2022
    Sold for $620,000
  • 08 Aug 2022
    Listed for Sale FOR SALE
  • 14 Oct 2010
    Listed for Rent - Price not available
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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 21 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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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.