SOLD
RECENT ADVICE
Sold on 13 Jul 2024 for $3,900,000

5/27 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 350m2
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Property Details for 5/27 Vernon Tce, Teneriffe

5/27 Vernon Tce, Teneriffe is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 350m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
350m2
Local Government
Brisbane
Lot/Plan
5/BUP106777

Last Listing description (July 2024)

Offering absolute riverfront living, this spectacular residence is without compare. Positioned within the coveted Carson Place and completely renovated throughout, this beautifully bespoke home will captivate upon inspection. With interior design and architecture by Alexandra Ponting from AP Design House, and having been featured in multiple editorials, this property sets the standard in residential excellence.

Boasting generous and light-filled living spaces, private gardens, an outdoor terrace and 137sqm of exclusive courtyard use, this residence lends itself to entertaining, with uninterrupted views from its main living quarters. The ultra-contemporary kitchen will delight the home chef, with solid concrete countertops, handcut marble tile splashback and a suite of ILVE appliances. Accommodation includes three bedrooms and a separate home office, the primary suite complete with a walk-in-robe and private courtyard. Two award-nominated bathrooms, wrapped in polished concrete and fitted with Gessi Goccia fixtures.

Promising a lifestyle of leisure, residents will enjoy cafés, restaurants and microbreweries within walking distance, with Brisbane's best shopping and entertainment precincts just minutes away. Gasworks Plaza, James Street and Howard Smith Wharves are within proximity, with New Farm Park and Brisbane Powerhouse also nearby. For commuters, this property is less than three kilometers from the CBD, with transport options including bus, rail and ferry services.

Inclusions:

• Private gardens and outdoor terrace with uninterrupted riverfront views
• 137sqm of exclusive courtyard use
• Generous living and dining spaces with an abundance of light throughout
• Kitchen with solid concrete countertops, handcut marble tile splashback, 1200mm ILVE appliances, ultra-contemporary cabinetry and pendant lighting feature
• Primary suite with spacious walk-in-robe, ensuite and private courtyard
• Two additional bedrooms, each with built-in robes
• Home office/guest room with garden access
• Family bathroom and guest powder room
• Laundry room and ample storage spaces
• Split system air conditioning and gimble downlights throughout
• Premium sisal carpets and original hardwood flooring underfoot
• 20,000L water tank
• Two allocated car spaces in secure basement carpark
• Swimming pool, BBQ and shower facilities
• Direct Riverwalk access to New Farm Park, Powerhouse and Howard Smith Wharves
• Within walking distance of cafés, restaurants and boutique retailers
• Minutes from Gasworks Plaza, James Street and Howard Smith Wharves
• Moments from New Farm Park, New Farm Cinemas and Merthyr Village
• Less than 3kms from Brisbane CBD with transport options including bus, rail and ferry

To enquire about this property or arrange an inspection, contact Nick Mogridge on 0423 059 709 or Marty Foelz on 0487 158 879.

Property History for 5/27 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$3,900,000
13 Jul 2024
  • 13 Jul 2024
    Sold for $3,900,000
  • 19 Jun 2024
    Listed for Sale Under Contract
  • 07 Nov 2005
    Sold for $1,300,000
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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 3,809 properties. Over the last 5 years, Houses in Teneriffe have seen a 57.40% increase in median value, while Units have seen a 63.89% increase. As at 31 July 2024:

  • The median value for Houses in Teneriffe is $2,575,555 while the median value for Units is $968,564.
  • Houses have a median rent of $915 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 29 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Contact agent
Nick Mogridge
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Marty Foelz
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Ray White New Farm
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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.