124/54 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

124/54 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 188m2
Land area: 188m2
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Property Details for 124/54 Vernon Tce, Teneriffe

124/54 Vernon Tce, Teneriffe is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1911. The property has a land size of 188m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
1911
Floor Size
188m2
Land Size
188m2
Local Government
Brisbane
Lot/Plan
124/SP148966

Last Listing description (November 2024)

An urban sanctuary in Teneriffe's Winchcombe Carson Woolstore, this three-bedroom apartment showcases extraordinary space, a modern industrial aesthetic, and a coveted location at a cosmopolitan address.

Unveiling a unique Woolstore configuration, the apartment features a ground-floor corner position with banks of windows and glass doors framing the tranquil green outlook and inviting natural light to illuminate the expansive open layout.

Recently updated with a harmonious balance of organic texture and cohesive elements, the new polished concrete floors, exposed columns, feature brick walls and high ceilings reflect the building's history and exude contemporary appeal.

With a blissful balance of privacy and practicality, the sprawling living area surrounds the stylish kitchen and unfolds to the generous alfresco courtyard to facilitate indoor-outdoor connection and form a serene retreat that is shielded from view. With glistening outlooks from the courtyard over the swimming pool and a tranquil atmosphere, this oasis is destined for relaxed leisure, dining and entertaining.

Families are offered every convenience across the spacious design with a large study/office featuring library shelving and three bedrooms with new wool carpet and wardrobes. There are two luxurious modern bathrooms with floor-to-ceiling tiles and rainfall showers, including a master ensuite, and the apartment has two side-by-side car spaces.

(PLEASE NOTE ENTRY TO THIS PROPERTY IS VIA DATH STREET TENERIFFE)

Property features include:
- Ground floor corner apartment in the Winchcombe Carson Woolstore
- Expansive open living and dining area with polished concrete floors
- Private alfresco courtyard overlooking the gardens and swimming pool
- Entertainer's kitchen with a waterfall stone island and ample storage
- Ilve freestanding oven, 6-burner gas cooktop, Asko dishwasher
- Large study and 3 bedrooms with wool carpet and wardrobes
- Primary suite featuring a walk-in robe and dual vanity ensuite
- Main bathroom boasting a freestanding bathtub, full-size internal laundry
- 2 side-by-side secure car spaces
- Air-conditioned throughout, ceiling fans, new light fittings
- Secure entry servicing only 6 apartments in the complex
- On-site management, swimming pool, BBQ area

A vibrant lifestyle on the riverside is on offer in this executive apartment. Presenting endless dining options, Teneriffe's and Newstead's eclectic cafes, restaurants, and bars are on your doorstep, and James Street, Gasworks and Howard Smith Wharves are only moments away. Enjoy relaxation and recreation outdoors with beautiful parks and the riverwalk steps from your door. Positioned 300m from the CityCat and City Glider bus and 2km from the CBD, you can experience the best in inner-city living.

Property History for 124/54 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,215,000
30 Sep 2024
Listed for Rent
$990/w
01 Jul 2012
  • 30 Sep 2024
    Sold for $2,215,000
  • 16 Sep 2024
    Listed for Sale Under Contract
  • 27 Jun 2023
    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 3,802 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 13 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 209 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.