86/36 Vernon TerraceTeneriffe QLD 4005
Property Details for 86/36 Vernon Tce, Teneriffe
86/36 Vernon Tce, Teneriffe is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 170m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (April 2022)
Perfectly positioned on the top floor of the exclusive London Woolstore building, affording unparalleled views of the Brisbane River, the last time an opportunity such as Unit 86 arose dates back to 2017!
Retaining the sought after signature Woolstore features, this magnificent apartment offers inclusions and finishes of the highest calibre. Originally built in 1912, The London Woolstore underwent a residential conversion in 2006, becoming one of Teneriffe's most tightly held addresses.
Boasting executive living, spread over two levels, the mezzanine has been enclosed to afford optimal privacy to the master retreat and second bedroom, both enjoying access to separate bathrooms, one with a bathtub. Both rooms offer floor to ceiling windows, allowing for ideal airflow and natural light to pour in.
Descend the stairs to access the living area and gaze over sprawling views of the Brisbane river through the original windows. Perfectly placed under the void, the cathedral ceiling enhances the sense of space and grandeur of this property.
Centred underneath the mezzanine you will find a gourmet modern kitchen with a convenient island bench that opens up onto the dining area - perfect for family dinners and gatherings with friends.
Tucked behind the kitchen are the third bedroom and bathroom, perfect for guests, older children who may desire their own space, or perhaps a home office. This opens out to a private 17m2 courtyard, which is very rare for Woolstore apartments.
With Teneriffe's finest array of dining options lining the arcades of the London Woolstore, you're only a lift ride away from an excellent coffee, a splendid dinner with friends or a well-deserved nightcap. Venture along the tree-lined streets of Teneriffe, indulging in the proximity to the Riverwalk, New Farm Park and the ever-growing James Street Precinct.
Opportunities such as 86/36 Vernon Terrace are few and far between, and sure to be snapped up by those looking to combine ultimate convenience with lifestyle and heritage charm.
This property will be going to Auction on February 19th, at The Calile Hotel if not SOLD prior.
PROPERTY FEATURES
3 Bedroom
3 Bathroom
2 Car Parks
170 SQM
Private 17m2 courtyard
Top-floor apartment
Sprawling river views
Split-level living
High ceilings
Bathed in natural light
Separate laundry
BUILDING FEATURES
Onsite Management
Lift Access
Residents Pool
Secure Intercom Access
SUBURB FEATURES
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
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
Property History for 86/36 Vernon Tce, Teneriffe, QLD 4005
- 19 Feb 2022Sold for $1,520,000
- 22 Jan 2022Listed for Sale Under Contract
- 28 Feb 2017Sold for $735,000
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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 3,771 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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