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Sold on 25 Oct 2024 - Price Unavailable

56/39 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 66m2
Sold By
Percival Property Group
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Property Details for 56/39 Vernon Tce, Teneriffe

56/39 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 66m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
58m2
Land Size
66m2
Local Government
Brisbane
Lot/Plan
56/BUP105730

Last Listing description (October 2024)

Commanding uninterrupted views of the river and tiled plaza, Unit 56 is an excellent opportunity in the tightly-held Goldsborough Place building.

Offering 66 SQM of living space, with a sheltered balcony to enjoy the enviable view, this is an unmissable opportunity to secure a home or investment in one of Teneriffe's best locations!

(PROPERTY SNAPSHOT)

- 1 Bedroom
- 1 Bathroom
- 1 Car space
- Storage room
- 66 SQM
- Uninterrupted river views
- East-facing aspect
- External balcony with river views
- Original condition
- Ceiling fans throughout
- Reverse cycle air conditioning
- Laundry in bathroom
- Linen storage

Perfectly positioned to capture both the river views and the breezes coming off the water, the living and dining area is luminous, overlooking the Teneriffe boardwalk. Floor to ceiling sliding doors open onto the balcony, perfect to enjoy the beautiful climate and outlook.

In original condition, the kitchen is placed on an angle, allowing for ample preparation and storage space, while allowing views across the living space toward the river from the breakfast bar area.

Placed at the rear of the apartment, the bedroom enjoys separation afforded by the bathroom, which also houses the laundry. Plantation shutters on the windows, together with the ceiling fan allow airflow without compromising on privacy. Seamless flooring throughout the entire home creates a lovely continuation throughout all rooms, adding to the sense of space.

With unobstructed river views, direct access to the boardwalk and surrounded by Teneriffe's best cafes and restaurants, the lifestyle on offer is incomparable. Nearby bus and ferry terminals make commuting simple, and quick access to major roads and motorways make travelling by car a breeze.

A brilliant opportunity in a tightly held building, Unit 56 is an outstanding investment - as a residence or addition to a property portfolio.

(BUILDING FEATURES)

- 'Goldsborough Place' building
- Direct access to the riverwalk
- 25m lap pool overlooking the river
- Fully equipped residents' gym
- Barbecue facilities
- Secure car park
- Security access
- On-site management

(SUBURB FEATURES)

LIFESTYLE
- Multitude of caf?s, restaurants, bars and specialty shops
- Walking distance to Gasworks Plaza & James Street Precinct
- Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
- Easy access to public transport network
- Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link Tunnel

TRANSPORT
- 4 km (15 min drive) to Brisbane CBD
- 15km (20 min drive) to Brisbane Airport
- 2 km (5 min drive) to Bowen Hills Train Station
- Teneriffe CityGlider (bus) and CityCat (ferry) terminal & BCC Bus stop

EDUCATION
- 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 Girls Grammar School and a number of other inner-city private schools

Property History for 56/39 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
25 Oct 2024
  • 25 Oct 2024
    Sold
  • 08 Oct 2024
    Listed for Sale Not Disclosed
  • 11 Apr 2023
    Sold for $685,000
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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 3,773 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 29 properties listed for sale, and 19 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 232 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.