SOLD
Sold on 09 Jun 2024 for $1,650,000

88/36 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 130m2
Land area: 139m2
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Property Details for 88/36 Vernon Tce, Teneriffe

88/36 Vernon Tce, Teneriffe is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1900. The property has a land size of 139m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1900
Floor Size
130m2
Land Size
139m2
Local Government
Brisbane
Lot/Plan
88/SP171232

Last Listing description (July 2024)

OPEN HOUSE SCHEDULED FOR SATURDAY 15th CANCELLED

Contemporary top floor Woolstore apartment with lovely river views and cooling North Easterly breezes. The apartment presents a fusion of refinement and style. Open plan living and dining areas span the lower floor. The centrally positioned kitchen is finished with a stone bench top, two-pac cabinetry and reflective glass splash backs complemented by premium Miele appliances including oven with Pyrolitic function and gas cooktops.

Three large bedrooms. The third bedroom on the lower level, opening to the light and airy atrium courtyard. Top level is Master and second bedrooms featuring original timber panelling and large glass windows set in the industrial sawtooth roofline.

London Woolstore, originally constructed as the Australian Mercantile Woolstore in 1912, seamlessly merges historical charm with contemporary interiors.

Features include -
- Loverly river views
- Abundant natural light
- Three full bathrooms
- Timber flooring to the lower level, quality carpets upstairs
- Ducted air conditioning
- Loverly renovated kitchen with Miele appliances
- Spacious separate laundry
- Open plan lounge/dining area
- Double height ceilings in living area & bedrooms
- Large double car park (30sqm) with good sized storage

Building features -
- Two allocated car parks and storage with internal access
- Swimming pool
- Lift access
- On-site building management
- Security audio access

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Property History for 88/36 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,650,000
09 Jun 2024
  • 09 Jun 2024
    Sold for $1,650,000
  • 24 May 2024
    Listed for Sale Under Contract
  • 19 Jul 2012
    Sold for $835,000
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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 3,772 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 29 properties listed for sale, and 20 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 232 properties were sold in the past 12 months in Teneriffe.

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