137/53 Vernon Terrace, Teneriffe, QLD 4005 sold on 11 April 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 11 Apr 2026 for $1,050,000

137/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 83m2
Sold By
agent headshot
Percival Property Group
Save

Property Details for 137/53 Vernon Tce, Teneriffe

137/53 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 83m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1900
Floor Size
83m2
Land Size
83m2
Local Government
Brisbane
Lot/Plan
137/BUP103463

Last Listing description (May 2026)

This top-floor residence within the iconic Mactaggarts Woolstore represents a vanishingly rare opportunity - a true time capsule preserved in its original conversion state. While most converted Woolstores have been meticulously reimagined over the last three decades, Unit 137 remains a testament to the raw, industrial soul of the early 1990s.This is an invitation to the visionary: a rare chance to strip back the years and craft a bespoke masterpiece within the only direct riverfront Woolstore in Teneriffe. Positioned to overlook the leafy canopy of Vernon Terrace with glimpses toward the CBD, this is the purest starting point for a bespoke architectural statement.(PROPERTY SNAPSHOT) 2 Bedrooms 2 Bathrooms 1 Study 1 Secure car space 83 SQM Top-floor position Soaring double-height ceilings Exposed heritage red brickwork Original timber trusses + saw-tooth roofline Leafy Vernon Terrace views with CBD glimpses Signature timber mezzanine layout Rare original condition preservationStepping inside Unit 137 is a nostalgic journey. In an era where original condition is almost impossible to find, this home offers the vertical scale and heritage features for a grand transformation. The soaring double-height ceilings and white-painted timber trusses create a volume of space that is singular to the Woolstores, drawing the eye upward and flooding the interiors with natural light.The living area is defined by its authenticity. Original timber-framed sash windows frame peaceful views over Vernon Terrace toward the CBD in the distance, while the exposed red brickwork provides the tactile warmth that has made the Woolstores some of the city's most iconic residences. In this apartment, the raw architecture of the past waits for a refined, contemporary finish.The signature split-level layout features a timber mezzanine that overlooks the main living area - a classic design element reminiscent of NYC lofts that offers incredible versatility. Whether retained as a quiet study or expanded into a palatial, secluded master retreat, the footprint is ready to be reimagined to suit a bespoke lifestyle.The kitchen and bathrooms, preserved in their original 1990s cabinetry and tiling, offer a functional baseline or, more excitingly, an opportunity for a complete redesign. This is not just an apartment; it is a rare and highly sought after chance to create a one-of-a-kind residence in an iconic, riverfront heritage building. Positioned directly on the banks of the Brisbane river, residents enjoy lush gardens, private access to the Teneriffe boardwalk and seamless connectivity to public transport just around the corner. Discover the very best of the 4005 lifestyle at your doorstep.(BUILDING FEATURES) Only direct riverfront Woolstore Residents' garden, in-ground pool + BBQ areas overlooking the Brisbane River Immediate access to Teneriffe Boardwalk Excellent proximity to CityCat Ferry terminal, CityGlider + bus terminal Secure parking Onsite Management(SUBURB FEATURES)LIFESTYLE Multitude of cafs, restaurants, bars and specialty shops Walking distance to Teneriffe boardwalk, Gasworks Plaza + James Street Precinct Proximity to New Farm Park + Howard Smith Wharves Easy access to public transport network Easy access to ICB + Kingsford Smith Drive, M7 + Airport Link TunnelTRANSPORT 4 km (15 min drive) to Brisbane CBD 15 km (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 stopEDUCATION 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 + other inner-city private schools(DISCLAIMER)While we have taken all reasonable care to ensure the accuracy of the information in this advertisement, we do not accept any responsibility and disclaim all liability for errors, omissions, inaccuracies or misstatements. Prospective buyers are encouraged to conduct their own enquiries to confirm the details provided.

Property History for 137/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,050,000
11 Apr 2026
  • 11 Apr 2026
    Sold for $1,050,000
  • 25 Mar 2026
    Listed for Sale For Sale
  • 29 Oct 2015
    Sold for $467,000
Sign in to see more transactions
Commute Calculator

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, 211 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

Market Insights
Teneriffe Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Teneriffe Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.