SOLD
RECENT ADVICE
Sold on 06 Nov 2024 for $690,000

94/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 78m2
Sold By
Percival Property Group
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Property Details for 94/53 Vernon Tce, Teneriffe

94/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 78m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
61m2
Land Size
78m2
Local Government
Brisbane
Lot/Plan
94/BUP103463

Last Listing description (November 2024)

Overlooking tree-lined Vernon Terrace, Unit 94 in the Mactaggarts Woolstore is a wonderful opportunity to secure a heritage home in the heart of Teneriffe.

Partially renovated, with a striking kitchen that opens onto the light-filled living room, this is the perfect inner-city base, just moments from all this suburb has to offer.

(PROPERTY SNAPSHOT)

- 1 Bed
- 1 Bath
- 1 Car
- 64 SQM
- Renovated kitchen
- Heritage brick walls & exposed timber beams
- Ample windows in bedroom and living space
- Air conditioning & ceiling fans throughout
- Laundry in bathroom

With large sash windows that capture the leafy aspect, the living area boasts sought-after heritage features such as brick walls, which can be stripped to reveal their original state, as well as exposed timber beams.

Renovated to offer ample storage and preparation space, the kitchen is sleek and practical.

Positioned at the rear of the apartment, the bedroom enjoys large louvre windows facing the private patio, as well as a ceiling fan and built-in wardrobe.

The main bathroom, with ample potential to value add through upgrades or a full renovation also houses the laundry.

With windows in each room and louvres above the entrance, this apartment is filled with light and perfect cross-ventilation to capture the river breeze.

Overlooking tree-lined Vernon Terrace, Unit 94 in the Mactaggarts Woolstore is a wonderful opportunity to secure a heritage home in the heart of Teneriffe.

Partially renovated, with a striking kitchen that opens onto the light-filled living room, this is the perfect inner-city base, just moments from all this suburb has to offer. Windows in each room and louvres above the entrance drench this apartment in natural light, with perfect cross-ventilation to capture the river breeze.

With the CityGlider and CityCat terminals just around the corner, and easy access to main roads and major motorways, commuting or travelling is a breeze. Enjoy private access to the Teneriffe boardwalk via the building's lush manicured gardens, perfect for leisurely strolls toward Newstead or New Farm.

Perfectly positioned just three kilometres from the CBD, enjoy a lifestyle beyond compare in one of the city's most picturesque suburbs.

(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)

LIFESTYLE
- Multitude of caf?s, restaurants, bars and specialty shops
- Walking distance to Gasworks Plaza & James Street Precinct
- Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
- Easy access to public transport network
- Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link Tunnel

TRANSPORT
- 4 km (15 min drive) to Brisbane CBD
- 15km (20 min drive) to Brisbane Airport
- 2 km (5 min drive) to Bowen Hills Train Station
- Teneriffe CityGilder (bus) and CityCat (ferry) terminal & BCC Bus stop

EDUCATION
- New Farm State School & Fortitude Valley State School Catchment zone
- Proximity to Holy Spirit Primary School New Farm & All Hallows School
- Short drive to Brisbane Grammar School, Brisbane Girls Grammar School and a number of other inner-city private schools

Property History for 94/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$690,000
06 Nov 2024
Listed for Rent
$545/w
27 Jun 2024
  • 06 Nov 2024
    Sold for $690,000
  • 29 Oct 2024
    Listed for Sale For Sale
  • 27 May 2024
    Listed for Rent $545 / week
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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 3,773 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 19 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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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.