136/53 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

136/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 79m2
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Last updated 18 May 2026
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Property Details for 136/53 Vernon Tce, Teneriffe

136/53 Vernon Tce, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1925. The property has a land size of 79m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1925
Floor Size
79m2
Land Size
79m2
Local Government
Brisbane
Lot/Plan
136/BUP103463

Last Listing description (May 2026)

Welcome to 136/53 Vernon Terrace! Step into a rare piece of Brisbane history with this character-filled loft-style apartment in the iconic Mactaggarts Woolstore the last remaining riverfront woolstore building in Teneriffe. Blending heritage charm with modern convenience, this unique residence offers a truly distinctive lifestyle in one of Brisbanes most sought-after inner-city locations.

Spanning approximately 79m², the apartment features a spacious and light-filled layout with soaring double-height ceilings that enhance the sense of space and character. The lower level includes a generous living area, well-appointed kitchen with dishwasher, main bedroom with built-in robes, bathroom, and internal laundry. Upstairs, the mezzanine level provides a versatile space ideal as a second bedroom, study, or home office.

Comfort is assured with air-conditioning, while the open-plan design creates a seamless flow perfect for both relaxing and entertaining.

Residents of Mactaggarts Place enjoy exclusive access to premium lifestyle facilities, including a riverfront swimming pool, BBQ area, and gazebo set amongst beautifully maintained gardens overlooking the Brisbane Riverthe perfect setting to unwind year-round.

Property Features
- Loft-style apartment with unique heritage character
- 1 bedroom + mezzanine level (ideal as second bedroom or study)
- 1 bathroom
- 1 secure undercover car space
- Open-plan living with soaring ceilings
- Built-in robes and internal laundry
- Air-conditioning for year-round comfort
- Modern kitchen with dishwasher

Building & Lifestyle Features
- Direct riverfront position in historic woolstore building
- Swimming pool, BBQ area & gazebo overlooking the river
- On-site management and secure complex
- Direct access to the Riverwalk
- Multiple secure entry points and visitor parking

Location Highlights
Live at the centre of it all in vibrant Teneriffe:
- Steps to CityCat ferry terminal and CityGlider bus services
- Walking distance to Gasworks Plaza and James Street precinct
- Close to New Farm Park, Howard Smith Wharves, and riverfront dining
- Just 4km to Brisbane CBD and 15 minutes to Brisbane Airport
- Easy access to major roads including ICB and Airport Link Tunnel

School Catchment
- New Farm State School
- Fortitude Valley State Secondary College

Offering a rare combination of heritage charm, riverfront living, and unbeatable convenience, this unique loft apartment is perfect for those seeking a vibrant inner-city lifestyle in one of Brisbanes most iconic buildings.

Whilst every care is taken in the preparation of the information contained in this marketing, Housemark will not be held liable for any errors in typing or information including alterations made to the property, and any inclusions that may not be represented in this advertisement. All interested parties should rely upon their own enquiries in order to determine whether or not the property and utilities (including available internet options) are suitable for their needs.

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Property History for 136/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$500,000
30 Jun 2021
Listed for Rent
$495/w
13 Jul 2010
  • 25 Mar 2026
    Listed for Rent $800 / week
  • 30 Jun 2021
    Sold for $500,000
  • 02 Apr 2020
    Sold for $425,000
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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 3,801 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 25 properties listed for sale, and 16 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.