OFF MARKET

80/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 83m2
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Property Details for 80/53 Vernon Tce, Teneriffe

80/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 83m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1900
Floor Size
69m2
Land Size
83m2
Local Government
Brisbane
Lot/Plan
80/BUP103463

Last Listing description (September 2023)

A heritage home that won't break the bank? The Mactaggarts Woolstore has got you covered.

The last remaining Woolstore with direct river frontage, enjoy seamless access to the ever-popular Teneriffe Riverwalk via the lush, manicured tropical gardens.
Complete with gazebos and BBQ areas, the communal gardens are perfect for relaxed evenings with friends, or leisurely afternoons by the poolside, basking in the sunshine, with an enviable backdrop featuring the Brisbane River.

Perfect for first home-buyers or investors looking to expand their inner-city portfolio, this unit's convenient layout offers ample privacy, without compromising on living space. Access the main bedroom upon entry, then continue down the hall to enter the open plan living and dining area. The sleek, renovated bathroom and laundry created optimal separation between the luminous bedroom and the cozy living area.

A minimalistic galley style kitchen makes optimal use of the space, with the option to be refreshed or replaced if desired. With exposed timber beams, double-hung large sash windows and the iconic brick walls, this home is brimming with sought-after character.

Facing north, this apartment overlooks leafy Vernon Terrace, creating a peaceful, private atmosphere as you gaze out of the windows toward the city.

80/53 is the perfect opportunity to get your foot in the Teneriffe market and enjoy all this inner-city suburb has to offer. Ample public transport options, including the CityCat and CityGlider services, outstanding cafes and restaurants on your doorstep and many of the city's most popular lifestyle addresses mere moments away. Indulge in the village charm of Teneriffe, knowing major roads and motorways are only a short drive away, should you need to leave the bubble!

PROPERTY FEATURES
? 1 Bedroom
? 1 Bathroom
? 1 Car space
? 69 SQM
? Air-conditioning
? North-facing aspect
? Overlooking leafy Vernon Terrace

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 caf?s, 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 Catchment zone
? Holy Spirit Primary School New Farm

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Property History for 80/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$645,000
08 Aug 2023
Listed for Rent
$920/w
28 Oct 2014
  • 08 Aug 2023
    Sold for $645,000
  • 21 Jul 2023
    Listed for Sale For Sale
  • 13 Feb 2021
    Sold for $445,000
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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 3,793 properties. Over the last 5 years, Houses in Teneriffe have seen a 6.11% increase in median value, while Units have seen a 65.57% increase. As at 30 November 2024:

  • The median value for Houses in Teneriffe is $1,852,817 while the median value for Units is $1,007,377.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 22 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Teneriffe.

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