OFF MARKET

40/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 78m2
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Property Details for 40/53 Vernon Tce, Teneriffe

40/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 78m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1920
Floor Size
60m2
Land Size
78m2
Local Government
Brisbane
Lot/Plan
40/BUP103463

Last Listing description (December 2022)

A celebration of space, light and character flair, this recently updated Woolstore apartment presents a distinctively different sanctuary appealing to the executive or downsizer's lifestyle.

Demonstrating a flexible layout and spread over a single, functional level, the exposed timber beams are enhanced by high ceilings, original brickwork, large sash windows, and contemporary pendent lighting which in conjunction promotes a sense of boundless openness and unique to anything else on the market.

Generously sized, the living and dining areas are the perfect place to unwind and are kept temperate with air-conditioning and comforted under-foot with quality polished concrete.

The fully renovated kitchen is the epitome of form, function, and style, offering sleek black 2PAC cabinetry, ample stone bench space with LED strip lighting and an array of stainless-steel appliances including induction cooktop and oven, microwave oven and integrated dishwasher. Extending into the living area, it creates an excellent floorplan for entertaining family and friends.

A true retreat, access to the master is provided through trendy reeded glass sliders and boasts large mirrored built-in wardrobe, ceiling fan and is serviced by an immaculate bathroom.

A plethora of additional features ensure ease of living with ultimate comfort. This includes air-conditioning, funky ceiling fans throughout, intercom access and single car park for convenience and peace of mind.

With the best in style and lifestyle, this apartment presents an ideal opportunity to secure a stunning location in Teneriffe's iconic 'Mactaggarts Place' woolstore. The complex offers the benefits of a resident-only sparkling pool, landscaped gardens and barbeque area, all positioned along the Brisbane River. Alternatively, escape the complex all together for the tranquillity of morning or evening strolls along the riverfront.

All of Teneriffe's culinary delights are right at your doorstep within the Gasworks precinct complete with retail, groceries, and dining. The high frequency City Glider bus service is nearby as is the Teneriffe ferry and CityCat terminal. The complex offers direct access to the riverside walks and bike paths and perfect for those who are seeking an active lifestyle.

A fantastic investment for any portfolio or beautiful executive residence, it is a vibrant inner-city lifestyle that is not to be missed.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. While every effort has been made to ensure the accuracy and completeness of the above information, no guarantee is given nor responsibility taken by Aaron Woolard Property Pty Ltd for errors or omissions and the Aaron Woolard Property Pty Ltd does not accept responsibility in respect of any information or advice given in relation to or as a consequent of anything contained herein.

Property History for 40/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$530,000
01 Sep 2021
Listed for Rent
$400/w
20 Sep 2019
  • 01 Sep 2021
    Sold for $530,000
  • 23 Aug 2021
    Listed for Sale For Sale
  • 05 Sep 2019
    Sold for $388,000
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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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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.