OFF MARKET

16/15 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 60m2
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Last updated 16 Dec 2024
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Property Details for 16/15 Vernon Tce, Teneriffe

16/15 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 60m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1997
Floor Size
60m2
Land Size
60m2
Local Government
Brisbane
Lot/Plan
16/BUP105312

Last Listing description (March 2022)

Ideally located amongst the vibrant Teneriffe lifestyle scene, with resort style amenities, a riverfront location and chic, well-sized residence - 16/15 Vernon Terrace, Teneriffe is the ultimate opportunity for the savvy buyer.

With a spacious, open plan layout this one-bedroom apartment is sure to impress! Heading into the apartment, you are greeted by a kitchen the size of which is usually found in a house with stone benchtop, breakfast bar, plenty of storage and high-quality appliances. The living and dining area is framed by large windows that draw in an abundance of natural light. Sliding glass doors open to the large balcony that wraps around the side of the apartment, capturing river glimpses and gorgeous breezes.

The master bedroom is spacious and luxurious with quality carpet, ceiling fan and another door leading to the large balcony. Adding to the long list of conveniences is the two-way bathroom which is ideal for entertaining or simply using as an ensuite. With a contemporary design, stone top vanity and shower over bath, this apartment encompasses an ideal low-maintenance lifestyle in a chic package.

This property is being sold fully furnished - making it the perfect low-fuss investment or complete fresh start for an owner occupier.

- Gorgeous timber floors in living area
- Chef's kitchen the size of which rarely found in a one-bedroom apartment
- High quality appliances, gas stovetop, plenty of storage and breakfast bar
- Large, light-filled living and dining area
- Sliding glass doors from dining and bedroom to wrap around balcony
- Gorgeous river glimpses and breezes, overlooking iconic Woolstores
- Large master bedroom with built in wardrobe, quality carpet and sliding glass doors
- Contemporary two-way ensuite bathroom with stone top vanity
- Airconditioning in living area and ceiling fans in living and bedroom
- Security screens throughout
- Resort style swimming pool with lounging deck, entertaining area and direct access to riverwalk
- Secure underground car park
- Surrounded by fantastic caf's, dining and entertainment
- Walk to iconic Powerhouse Museum and New Farm Park
- Plenty of transport options with Citycat and bus stops at your doorstep
- Moments to Brisbane CDB and Fortitude Valley precinct
- Fantastic tenant in place until March 2023 at $540.00 per week (fully furnished)
- Solid investment with great returns and very low vacancy history

Only a short stroll from some of Brisbane's best restuarants, cafes and shopping - one-bedroom apartments of this calibre in such a sought-after location do not come available often. Contact us today to arrange your inspection as this will not last long in the current market!

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Property History for 16/15 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$556,000
15 Feb 2022
Listed for Rent
$525/w
23 Feb 2021
  • 15 Feb 2022
    Sold for $556,000
  • 07 Feb 2022
    Listed for Sale Sold by Graczyk Thompson
  • 04 Jan 2021
    Listed for Rent $525 / week
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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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