85/53 Vernon TerraceTeneriffe QLD 4005
Property Details for 85/53 Vernon Tce, Teneriffe
85/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1926. 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 October 2023.
Last Listing description (June 2024)
Overlooking leafy Vernon Terrace, Unit 85 in the Mactaggarts Woolstore is the perfect opportunity to get your foot in this heritage building's door!
Offering a 69 SQM blank canvas to unleash your unbridled creativity, move straight into a comfortable home, or hold as an investment property - this apartment is the ideal inner-city home.
The private bedroom at the rear of the apartment enjoys natural light coming through the window looking out onto the courtyard. With both a built-in wardrobe as well as a multi-functional loft, which can be enclosed if desired, there is ample storage space available. The bathroom which follows also contains the laundry.
The original galley-style kitchen, with a breakfast bench, offers ample storage space, with the potential to be upgraded if you are an avid cook.
The living area retains the incomparable Woolstore charm, with the signature brick wall and exposed timber beams. Two double-hung sash windows look out onto tree-lined Vernon Terrace, adding both peacefulness and privacy to the home.
Mactaggarts is the only remaining Woolstore with direct river frontage. The lush gardens, with a sparkling in-ground pool, gazebos and a communal BBQ area invite you to enjoy Brisbane's enviable climate, and afford residents direct access to the popular Teneriffe Riverwalk.
Both the CityGlider, CityCat and Cross River ferry terminal are just around the corner, making commuting a breeze. Teneriffe lies mere kilometres from the CBD, and a short drive will take you to the Brisbane Airport, as well as major roads and motorways.
Unit 85 is the perfect home or investment to capitalise on the outstanding lifestyle on offer in Teneriffe - these types of apartments are highly sought-after, don't miss your chance to inspect this property!
PROPERTY FEATURES
1 Bedroom
1 Bathroom
1 Carpark
69 SQM
North-facing aspect
Air-conditioned
Ceiling fans throughout
Built-in closet
Storage mezzanine in bedroom
Original kitchen
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
2.5 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
Property History for 85/53 Vernon Tce, Teneriffe, QLD 4005
- 13 Oct 2023Sold for $625,000
- 31 May 2023Listed for Sale Off Market Opportunity
- 22 Jul 2020Sold 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 3,766 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.
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