OFF MARKET

36F Vernon Terrace
Teneriffe QLD 4005

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 62m2
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Property Details for 36f Vernon Tce, Teneriffe

Building Type
Commercial
Land Size
62m2
Local Government
Brisbane
Lot/Plan
99/SP171231

Last Listing description (August 2024)

McGees Property is delighted to present a rare chance to establish your business in the iconic Teneriffe Woolstore buildings at 36F Vernon Terrace. This premier retail space is nestled within one of Brisbane's most elite dining and entertainment precincts, fully equipped with a bar and restaurant setup.

63m internal and 62m exclusive use area*
Fully fitted bar & kitchen

Located in one of Brisbane's affluent near city suburbs
1 secured car park
Liquor License

Located just 3km north-east of the CBD, Teneriffe is one of Brisbane's most sought-after localities, offering a unique blend of historic charm and modern vibrancy.

Don't miss this exclusive opportunity to join a thriving community in a prime location. Contact McGees Property today to secure your place in this prestigious neighbourhood!

*Areas are an approximation only

Property History for 36f Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$930,000
29 Aug 2023
Listed for Rent
18 Jul 2016
  • 27 Jun 2024
    Listed for Rent - Price not available
  • 29 Aug 2023
    Sold for $930,000
  • 28 Jan 2021
    Sold for $727,500
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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 3,810 properties. Over the last 5 years, Houses in Teneriffe have seen a 16.49% increase in median value, while Units have seen a 63.81% increase. As at 31 August 2024:

  • The median value for Houses in Teneriffe is $1,942,745 while the median value for Units is $981,120.
  • Houses have a median rent of $840 while Units have a median rent of $750.
There are currently 30 properties listed for sale, and 25 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 238 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.