OFF MARKET

54/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 89m2
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Property Details for 54/53 Vernon Tce, Teneriffe

54/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 89m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1995
Floor Size
89m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
54/BUP103463

Last Listing description (December 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 cafs, 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

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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 3,772 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.

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