113/54 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

113/54 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 198m2
Land area: 214m2
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Last updated 29 Dec 2025
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Property Details for 113/54 Vernon Tce, Teneriffe

113/54 Vernon Tce, Teneriffe is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1925. The property has a land size of 214m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1925
Floor Size
198m2
Land Size
214m2
Local Government
Brisbane
Lot/Plan
113/SP142198

Last Listing description (July 2024)

Featuring monumental dimensions on the front corner of the Winchcombe Carson Woolstore, Unit 113 is a sight to behold.

Occupying a prime position in a sought-after building, an opportunity presents itself to secure an apartment that ticks every box.

Sash windows in the living and dining areas offer a panorama of the Brisbane River. An external balcony, sheltered and overlooking Ethel Street, offers a perfect entertaining area. Sitting on the top level of the building, this property boasts soaring sawtooth ceilings with skylights, timber floors, and original brick walls. Every corner of this apartment oozes with character, perfectly paired with modern convenience.

Property features include:
3 Bedrooms
2 Bathrooms
2 Car spaces
214 SQM
Single-level floor plan
Front corner position
Top-floor apartment
River views
Cathedral-height ceilings with skylights
Open-plan living and dining space
Exposed brick walls
Renovated interiors
Gas cooktop
Main bedroom with walk-in robe and ensuite
Ample storage space

An apartment of awe-inspiring scale, the layout is cleverly configured to create separation and privacy without encroaching on the vast open layout of this spectacular home.

The large open-plan living and dining area blends beautifully with the renovated kitchen, fitted with a gas cooktop, creating a welcoming space to retreat, relax or entertain.

A sleek design, the stone bench tops and cabinetry provide ample storage space complement the exposed brick walls and original timber beams, allowing the unique character of this home to be the star of the show.

Original windows, framed by louvre shutters, afford enviable views of the river and beyond, capturing the eastern morning sun and gentle breezes coming off the water, drenching the space in natural light.

An enclosed study offers a quiet and private space for a work from home setup, or other use of your choice, without disrupting the flow of the space.

The oversized main bedroom is a serene retreat, flooded with light, complete with a generous walk in robe and ensuite for comfort.

The second and third bedroom, both fitted with built-in wardrobes enjoy direct access to the balcony, benefitting from additional natural light and circulation!

The main bathroom is spacious and also houses the laundry. The unit boasts plenty of storage space throughout, offering practicality and convenience.

Apartments of this caliber and unique appeal rarely come up for sale, garnering overwhelming interest when they hit the market.

Don't miss an incomparable chance to secure a jaw-dropping apartment in an unbeatable location. Indulge in the enviable Teneriffe lifestyle, making the most of the proximity to major entertainment precincts, the CBD, and Brisbane Airport. Optimally connected to the public transport network, with excellent access to major roads and motorways, a short trip will take you to any destination, near or far!

BUILDING FEATURES
Onsite Management
Large Swimming Pool
BBQ Area
Secure Building with Lift Access
Secure underground car park
Pet-friendly building (subject to approval)

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

Property History for 113/54 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$3,200,000
05 Apr 2024
  • 05 Apr 2024
    Sold for $3,200,000
  • 23 Feb 2024
    Listed for Sale For Sale
  • 09 Apr 2022
    Sold for $2,475,000
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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 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 3,797 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.07% increase in median value, while Units have seen a 94.42% increase. As at 30 November 2025:

  • The median value for Houses in Teneriffe is $2,208,938 while the median value for Units is $1,203,373.
  • Houses have a median rent of $800 while Units have a median rent of $790.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 221 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.