101/54 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

101/54 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 219m2
Land area: 233m2
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Property Details for 101/54 Vernon Tce, Teneriffe

101/54 Vernon Tce, Teneriffe is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 233m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1930
Floor Size
219m2
Land Size
233m2
Local Government
Brisbane
Lot/Plan
101/SP142198

Last Listing description (April 2026)

101/54 Vernon Terrace represents a rare achievement in scale and sophistication, spanning an impressive 233 SQM within the iconic Winchcombe Carson Woolstore.

Entirely reimagined through a high-end renovation, this split-level residence masterfully balances its industrial architecture with a refined, contemporary finish, offering both absolute privacy and grand-scale living.

Positioned on the top floor of the building with a coveted North-facing aspect, the home captures sprawling views across Newstead with the CBD skyline in the distance. Defined by generous proportions and the seamless integration of heritage character and modern luxury, this is a rare offering not to be missed.

(PROPERTY SNAPSHOT)

3 Bedrooms
2 Bathrooms
2 side-by-side car spaces + over bonnet storage
233 SQM
Split-level layout
High-end renovation
North-facing aspect with CBD views
Sheltered external balcony
Engineered Oak floorboards
Smart blinds, split-system air-conditioning + ceiling fans

In the open-plan living area, the sheer expansiveness of this home is on full display. Exposed industrial elements, such as soaring saw-tooth ceilings and original timber columns, add a sense of grandeur singular to the Teneriffe Woolstores.

The original skylights overhead, once perfectly positioned to highlight wool bales, now flood the home in gentle, diffused natural light. The organic warmth of European engineered oak floorboards provides a rich foundation, perfectly complementing the original red brickwork and exposed roof structure.

A striking feature of this central zone is the bespoke navy-blue joinery, a full-height installation that integrates sleek cabinetry and open shelving, serving as both a functional media hub and a sophisticated sculptural element.

Transitioning seamlessly through large sliding doors, the interior opens onto a sheltered external balcony framed by original heritage brickwork. This rare outdoor sanctuary, a highly coveted and seldom-found feature within the Woolstores, offers a private vantage point for the city skyline, perfect for alfresco living and dining.

The kitchen is anchored by a striking, oversized Quartzite island and textured splashback in complementary hues, serving as both a culinary workspace and a social gathering point. Designed for the modern epicurean, the minimalist custom cabinetry is finished with a suite of high-end integrated appliances, including dual Neff smart ovens, a Siemens induction cooktop, and two dishwashers.

The master wing serves as a true retreat, intelligently redesigned with an eye-catching ensuite, walk-in robe, and direct access to the sheltered balcony. The theme of light and scale continues here, with a large window that draws the eye to the urban landscape.

The ensuite bathroom is a study in texture, featuring the same striking Quartzite stone as the kitchen. Colour-drenched curved navy walls paired with sea-green kit-kat tiling, elegant brushed copper brass tap-ware, and backlit circular mirrors create an atmosphere of refined tranquility.

Positioned on the opposite side of the home, the carpeted secondary bedrooms provide ample separation and the versatility to be configured as a home office, media room, or guest retreat. Designed for utility without compromising on style, the lower level features a service wing tucked beneath the staircase. The main bathroom offers a bathtub with an overhead shower, a separate powder room for guests, and a full-sized separate laundry.

Ascending to the upper level, an open-plan mezzanine reveals the apartment's ultimate adaptability. This spacious area is designed to evolve with your lifestyle, with the option to be enclosed for total privacy or kept open to maintain the home's impressive sense of volume.

A turnkey masterpiece, this residence invites you to simply arrive and immerse yourself in the pinnacle of 4005 living. With every meticulous detail already curated, you are free to indulge in the effortless sophistication of a home that feels both brand new and timelessly historic.

Whether it's a morning coffee at a local favourite, a sunset stroll along the Teneriffe boardwalk, or an evening of world-class dining at Howard Smith Wharves or James Street nearby, everything that defines Brisbane's most coveted lifestyle is at your doorstep. This is more than a home; it is a front-row seat to the best the city has to offer.

(PROPERTY FEATURES)

Quartzite bench-tops
Dual Smart Neff ovens + Siemens induction cooktop
Dual integrated dishwashers
Gessi mixer
Main bathroom with bathtub
Heated towel rails
Separate powder room
Separate laundry

(BUILDING FEATURES)

Onsite management
Large in-ground swimming pool
Manicured gardens
BBQ Area
Secure building with lift access
Secure underground car park

(SUBURB FEATURES)

LIFESTYLE
Multitude of cafs, restaurants, bars + specialty shops
Walking distance to Gasworks Plaza + James Street Precinct
Walking distance to Riverwalk, New Farm Park + Howard Smith Wharves
Easy access to public transport network
Easy access to ICB + Kingsford Smith Drive, M7 + 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 + more

(DISCLAIMER)
While we have taken all reasonable care to ensure the accuracy of the information in this advertisement, we do not accept any responsibility and disclaim all liability for errors, omissions, inaccuracies or misstatements. Prospective buyers are encouraged to conduct their own enquiries to confirm the details provided.

Property History for 101/54 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,815,000
26 Jul 2022
  • 27 Jan 2026
    Listed for Sale Offers Over $2,990,000
  • 26 Jul 2022
    Sold for $1,815,000
  • 25 Jun 2022
    Listed for Sale Under Contract
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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 2016 was 5335 people. By 2021 the population was 5520 showing a population growth of 3.5% 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 2021, 46.30% of the homes in Teneriffe were owner-occupied compared with 42.30% in 2016.

Teneriffe has 3,799 properties. Over the last 5 years, Houses in Teneriffe have seen a 43.33% increase in median value, while Units have seen a 99.45% increase. As at 30 April 2026:

  • The median value for Houses in Teneriffe is $3,076,524 while the median value for Units is $1,301,453.
  • Houses have a median rent of $1,100 while Units have a median rent of $800.
There are currently 24 properties listed for sale, and 12 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 218 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.