102/53 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

102/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 97m2
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Last updated 18 May 2026
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Property Details for 102/53 Vernon Tce, Teneriffe

102/53 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1890. The property has a land size of 97m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1890
Floor Size
97m2
Land Size
97m2
Local Government
Brisbane
Lot/Plan
102/BUP103463

Last Listing description (September 2024)

On the top floor of the Mactaggarts Woolstore, north-facing Unit 102 boasts a unique and desirable floor plan as well as ample louvre windows, offering both airflow and privacy, offering enviable river views towards Hamilton Hill.

Spanning 97 SQM across two levels the layout makes optimal use of the vertical space beneath the soaring sawtooth rooftop, while creating private areas for both bedrooms. The mezzanine houses the main bedroom with its walk-in robe and ensuite, the hardwood floors complementing the original brickwork and adding warmth to the monochromatic palette.

The second bedroom is nestled beneath the upper level, offering a comfortable space to retreat, complete with a built-in wardrobe. The carpeted and elevated living and dining area are positioned on an angle, running the entire length of the original brick walls. Enjoy ample natural light spilling in through the sash windows, capturing the beautiful panorama, as well as glimpses of the building's internal through large glass sliding doors and retractable plantation shutters.

The kitchen is kept in a minimal black and white colour palette, with stainless steel benchtops adding an industrial touch and white high-gloss cabinetry blending seamlessly with the surroundings. Also on this level is the second bathroom which houses the laundry and storage.

The ideal property to move into or rent out immediately, Unit 102 offers opportunities to enjoy a magnificent space, or reimagine its interiors to suit your imagination! Enjoy direct access to the Teneriffe boardwalk through the lush manicured gardens and discover the exceptional lifestyle at your doorstep!.

Just steps from the Teneriffe ferry and bus terminal, moments to local shops and cafes and within walking distance to many of Brisbane's lifestyle precinct, commuting to the CBD or heading to the airport is a breeze, with easy access to major roads and motorways!

For more information about this property, please contact Ben Percival on 0406606778.

Property features include
2 Bedrooms
2 Bathrooms
1 Car Space
Split level layout
North-facing position
Enviable river and urban views
Mezzanine level retreat with hardwood floors
Ample louvre windows throughout
Second bedroom with built-in wardrobes
Large sliding glass doors with plantation shutters
Unique position on the northern facade of the building
Renovated kitchen with hardwood floors
Updated bathrooms
Carpeted living and dining area
Hardwood floating staircase
Hardwood floor in entry

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 cafs, restaurants, bars and specialty shops
Walking distance to Brisbane CBD, Gasworks Plaza Precinct, James Street Precinct and Fortitude Valley
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
Transportation
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 102/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$955,000
21 Aug 2024
Listed for Rent
$670/w
07 Nov 2023
  • 21 Aug 2024
    Sold for $955,000
  • 31 Jul 2024
    Listed for Sale Under Contract
  • 01 Nov 2023
    Listed for Rent $670 / 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 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 3,802 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 26 properties listed for sale, and 14 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 210 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.