SOLD
RECENT ADVICE
Sold on 21 Oct 2023 for $820,000

54/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
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Property Details for 54/53 Vernon Tce, Teneriffe

54/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Apartment sold in Teneriffe in the last 12 months.

Building Type
Apartment
Floor Size
75m2
Local Government
Brisbane
Lot/Plan
54/BUP103463

Last Listing description (October 2023)

Heritage sash windows that invite the outside in - at 54/53 Vernon Terrace, the river feels like a pleasant extension of your home.

Spanning a generous 75 SQM, this apartment is a rare opportunity to secure a massive one bedroom property. Recently renovated, sleek modern features harmoniously complement the heritage brick walls and timber beams, creating a luminous and inviting space.

The modern kitchen overlooks the open plan living and dining area, seamlessly connecting the home. Perfect for relaxing or entertaining, take in the enviable outlook, past the lush tropical gardens, across the river to Hawthorne.

Tucked away at the rear of the apartment, the large main bedroom can comfortably accommodate a king size bed. A sizable window overlooking the private internal balcony allows ample natural light to stream in, intensifying the feeling of space, a rarity in this style of apartment.

Nestled between the bedroom and living area, a renovated bathroom, which also houses the laundry, creates perfect separation.

The last remaining riverfront Woolstore, enjoy direct access to the beloved river walk through your private, massive garden. A sparkling in-ground pool, BBQ areas and a gazebo invite residents to linger for a while, making the most of the impeccable Brisbane climate.

Both the CityCat Ferry terminal and CityGlider bus stop are located around the corner, offering ease of access to the public transport network, taking you to the CBD and beyond. Well-connected to major roads, Brisbane Airport, the Gateway Bridge and motorways towards the Gold or Sunshine Coast are just a brief drive away!

An exceptional offering in a highly competitive section of the market, an opportunity such as Unit 54 will be snapped up in a heartbeat - don't miss out!

PROPERTY FEATURES
• 1 Bedroom
• 1 Bathroom
• 1 Carpark
• 75 SQM
• Mactaggarts Woolstore Apartment
• Generous floor plan
• Unobstructed river views
• Entirely renovated
• Air-conditioned throughout

BUILDING FEATURES
• Only Woolstore with direct riverfront
• Outdoor pool, BBQ & gazebo areas and gardens area overlooking the Brisbane River
• Immediate access to Riverwalk
• Excellent proximity to CityCat Ferry Terminal, CityGlider and Bus Terminal
• Secure parking
• Onsite Management

SUBURB FEATURES
• Easy access to public transport network, including CityGlider Bus & Ferries
• Multitude of cafés, restaurants, bars and specialty shops
• Walking distance to CBD, Gasworks Precinct, James Street and Fortitude Valley
• Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
• Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link
• 4 km to CBD
• 10 km to Brisbane Airport
• 2 km to Bowen Hills Train Station
• New Farm State School & Fortitude Valley State School Catchment zone
• Proximity to Holy Spirit Primary School New Farm & All Hallows School
• Short drive to Brisbane Grammar School, Brisbane Girl's Grammar School

Property History for 54/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$820,000
21 Oct 2023
  • 21 Oct 2023
    Sold for $820,000
  • 22 Sep 2023
    Listed for Sale Auction
  • 07 Aug 2022
    Sold for $735,000
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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 3,810 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.