SOLD
Sold on 26 Sep 2024 for $1,000,000

74/36 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 100m2
Sold By
Graczyk Thompson Newstead
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Property Details for 74/36 Vernon Tce, Teneriffe

74/36 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 100m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1920
Floor Size
100m2
Land Size
100m2
Local Government
Brisbane
Lot/Plan
74/SP171232

Last Listing description (October 2024)

Located at the rear of the building and offering privacy, light and a beautiful urban aspect, this 3 bedroom, split level apartment provides the perfect opportunity to secure the unique Woolstore lifestyle.
Boasting large sash windows, high ceilings and stunning timber floors - the heritage of Brisbane's sought after Woolstores is at every glance.

Property Features

- 3 Bedrooms
- 2.5 Bathrooms
- 1 Car space
- 104 SQM
- Private and quiet position at the rear of the building
- Split-level apartment
- Timber floors
- Brand new carpet in bedrooms and stairs bedrooms
- Second bathroom with laundry

The practical layout results in the kitchen, dining and living areas are well access on the lower floor overlooking the heritage rear laneway. The 3rd bedroom/study is also found on this floor providing separation from the other 2 bedrooms upstairs making it the perfect home office or guest room.
The kitchen is in perfect condition and offers Smeg oven and gas cooktop. With ample cupboards and bench space, its both practical and stylish. Light natural timber floors in the living areas compliment the heritage features throughout and provide a hardwearing yet stylish flooring option.

The large main bedroom located upstairs is located adjacent the bathroom and features a large robe and very high ceilings amplifying the sense of light and space.
The second upstairs bedroom also benefits from high ceilings and an oversized floor space providing an expansive space to reside in. All bedrooms have brand new carpet laid meaning the new owner can move straight in and enjoy this beautifully presented apartment from day one.

This exceptional inner-city home is perfect for both growing families and those looking to downsize. With great sized upper bedrooms with great separation and a versatile 3rd Bedroom/Study downstairs it's also ideal for investors or shared living.

The London Woolstores are arguably Brisbane's best positioned Woolstore complex. Located at the Northen end of Vernon Tce in the heart of Teneriffe, an endless list of cafes, bars, Pubs and restaurants are literally at your door. Just across the road, the famous Riverwalk connects residents to parks, running and bike paths, dog parks and the Powerhouse.
Continuous public transport options including the City Glider and Rivercat network makes travel easy while the Airport and motorways to the North and South are a short drive also.

BUILDING FEATURES
- Great Onsite management
- Well maintained complex
- Lift access
- Secure Intercom access
- Stunning pool amongst lush landscaping
- Multiple food and beverage options on the ground floor

NEARBY FEATURES

Lifestyle
- Cafes, restaurants, bars and shopping less than a minute's walk
- Short walk to the CBD, Gasworks, James Street Precinct and Fortitude Valley
- Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves

Public 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 CityGilder (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

Disclaimer: Every care has been taken to ensure accuracy of this advertisement, but any potential buyer should undertake their own investigations.

Property History for 74/36 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,000,000
26 Sep 2024
Listed for Rent
$650/w
16 Aug 2016
  • 26 Sep 2024
    Sold for $1,000,000
  • 10 Sep 2024
    Listed for Sale Under Offer
  • 02 Aug 2016
    Listed for Rent $650 / week
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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, 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.