OFF MARKET

87/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 79m2
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Property Details for 87/53 Vernon Tce, Teneriffe

87/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 79m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1920
Floor Size
65m2
Land Size
79m2
Local Government
Brisbane
Lot/Plan
87/BUP103463

Last Listing description (November 2020)

Here is your fantastic opportunity to own this incredible 1 bedroom apartment, perfectly situated within the Mactaggarts Place Woolstore building on the banks of the Brisbane River in the heart of Teneriffe. Converted to residential apartments in 1995, the Mactaggarts Place Woolstore building is a wonderful piece of history with its original construction being in 1926. This impressive complex is brimming with industrial finishes to keep with its original character, while residents can also enjoy the stunning landscaped gardens and resort style pool while overlooking the Brisbane River.

Apartment 87 in Mactaggarts Place also has so many conveniences on its doorstep including Teneriffe Village, Gasworks, Merthyr Village, James Street and all the coffee shops, alfresco eateries, award winning restaurants, boutique bars and shops, New Farm Park, excellent public transport options, direct River Walk access and only 2km from the Brisbane CBD - where else would you want to live?


Bursting with character and charm, this fantastic apartment maintains its original high ceilings with striking exposed beams and exposed brickwork. More features include:

- Fantastic original features including high ceilings, beautiful exposed beams and exposed brickwork
- Spacious open plan living, dining and kitchen offering an outstanding space to relax, entertain and enjoy the leafy outlook over Vernon Terrace
- Functional kitchen with plenty of space to add an island bench
- Generous bedroom with a built-in robe, well-separated from the main living space
- Practical bathroom and laundry with ample storage space
- 1 secure car park
- Resort style pool, BBQ area and landscaped gardens
- Brilliant location on the Brisbane River and right in the heart of Teneriffe
- This apartment is the ultimate canvas to add your own personal touches and create your perfect place to call home

A peaceful, safe and secluded sanctuary, yet so close to everything - there is no better address to call home! This outstanding apartment MUST BE INSPECTED and WILL BE SOLD! To truly appreciate the incredible character, quality and location this brilliant apartment offers - call NOW!

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Property History for 87/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$415,000
02 Nov 2020
Listed for Rent
$435/w
28 Dec 2010
  • 02 Nov 2020
    Sold for $415,000
  • 06 Oct 2020
    Listed for Sale Price Guide $400,000 to $430,000
  • 14 Jan 2011
    Sold for $375,000
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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, 230 properties were sold in the past 12 months in Teneriffe.

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