120/53 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

120/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 97m2
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Property Details for 120/53 Vernon Tce, Teneriffe

120/53 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1900. 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 June 2024.

Building Type
Unit
Year Built
1900
Floor Size
97m2
Land Size
97m2
Local Government
Brisbane
Lot/Plan
120/BUP103463

Last Listing description (June 2024)

Auction // Saturday 1st June, 3:30pm In-Rooms at Ray White Ascot

A heritage beauty by the water, this two-storey apartment in 'Mactaggarts Place' boasts a premier position in one of Teneriffe's exclusive and last remaining riverfront Woolstores.

Exuding unique style, the property's industrial aesthetic blends modern functionality with character details, including exposed brick walls, high ceilings and sash windows to generate a lofty atmosphere and wealth of natural light.

Large windows adorn the open living and dining area, inviting scenic views across the river, travelling CityCats and sensational sunrises. The galley-style kitchen also benefits from this beautiful vista and features stainless steel appliances, including a dishwasher.

There are two bedrooms, two bathrooms, and a secure car space. Both bedrooms include built-in robes, and the master features upstairs with an ensuite and study.

Unveiling a superb position and spectacular facilities, Mactaggarts Place features a swimming pool, BBQ, gazebo and gardens overlooking the glistening river and Riverwalk.

Property features:
- Riverfront apartment in the 'Mactaggarts Place' Woolstore
- Light, airy living and dining area with scenic river views
- Galley-style kitchen with stainless steel oven and dishwasher
- 2 bedrooms, 2 bathrooms (1 with laundry), 1 car space
- Loft master suite featuring an ensuite and study
- Riverfront complex featuring a pool, BBQ, gazebo and gardens
- Close to Riverwalk, ferry, buses, parks, cafes, bars and restaurants

With the Riverwalk directly outside, you can enjoy scenic strolls along the water to Newstead, New Farm Park, Brisbane Powerhouse, the weekly markets, and beyond. Teneriffe ferry is only 150m away, and you can take the City Glider bus into the CBD. The suburb's best cafes, restaurants and bars are outside your door, and additional dining, shopping and entertainment await at nearby Gasworks, James Street and Howard Smith Wharves. With the CBD 3km away and everything at your fingertips, this is a lifestyle opportunity not to be missed.

The Property Occupations Act 2014 states a price guide cannot be provided for non-priced sales. The website has filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Disclaimer: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate, and accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 120/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$835,000
01 Jun 2024
Listed for Rent
$595/w
25 Feb 2012
  • 01 Jun 2024
    Sold for $835,000
  • 08 May 2024
    Listed for Sale Auction, Saturday 1st June, 3:30pm In-Rooms
  • 17 Feb 2012
    Listed for Rent - Price not available
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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 11.59% increase in median value, while Units have seen a 98.53% increase. As at 31 December 2025:

  • The median value for Houses in Teneriffe is $2,102,322 while the median value for Units is $1,237,281.
  • Houses have a median rent of $800 while Units have a median rent of $800.
There are currently 16 properties listed for sale, and 9 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.