OFF MARKET

55/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 89m2
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Last updated 18 Nov 2024
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Property Details for 55/53 Vernon Tce, Teneriffe

55/53 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 89m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Year Built
1920
Floor Size
74m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
55/BUP103463

Last Listing description (July 2019)

Located in the McTaggart's Woolstore #53 Vernon Tce, Teneriffe... An apartment so beautiful, you will NEVER want to leave!
This over-sized opulent one bedroom Woolstore apartment will have you captivated, and ready to unpack straight away. Boasting North-Easterly river views, tasteful decor, and a super large bedroom this has got to be the property you've been searching for.
What there is to love:

- Larger than life bedroom with ample cupboard and storage space
- Beautiful interior with exposed brick, timber and a neutral colour pallet
- High ceilings
- Modern kitchen with 4 burner stove, dishwasher and convection oven
- Combined dining and lounge with views across the river
- Air-conditioning
- Bathroom with laundry combined
General features:
- Single car-space
- Pool, BBQ area and well manicured gardens over-looking the river
- Secure complex with swipe tag entry
- Intercom
- Beautifully maintained property with well kept grounds inside and out
- Iconic location, Woolstore complex
Pets:
- Pet friendly (Small pets under 10kg, must be approved by the owner and the body corporate)
Lease terms:
- 12 month lease preferred
- Water usage included in the rent
- Tenants to connect their own utilities
Proximity and local transport
- Walking distance to Gas Works
- Easy walking to in and out bound bus stops
- Easy access to the Brisbane River and Howard Smith Wharf precinct
- Short walk into Fortitude Valley
- City cat and bus stop just outside the complex
Please contact our office on 0468 791 950 to book an inspection of this property. Please ensure you register for any inspection you are wanting to attend so that should we need to cancel the inspection for any reason, we are able to notify you of this change.
IMPORTANT! We are unable to accept your application until we have provided you with a copy of the General Tenancy Agreement including all standard terms and any special terms applicable. Please contact our office on 0468 791 950 or maxine@gtpartners.com.au for a copy of the General Tenancy Agreement prior to submitting your application and state the address of the property you wish to apply for.

Property History for 55/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$528,000
18 Feb 2017
Listed for Rent
29 Jul 2019
  • 16 Jul 2019
    Listed for Rent - Price not available
  • 18 Feb 2017
    Sold for $528,000
  • 06 Aug 2014
    Sold for $478,000
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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 3,769 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 21 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 233 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.