151/53 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

151/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 75m2
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Property Details for 151/53 Vernon Tce, Teneriffe

151/53 Vernon Tce, Teneriffe is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1926. The property has a land size of 75m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
1926
Floor Size
75m2
Land Size
75m2
Local Government
Brisbane
Lot/Plan
151/BUP103463

Last Listing description (June 2025)

Nestled in the heart of Teneriffe within the iconic Mactaggarts Place, this exceptional apartment flawlessly marries the character of its 1926 woolstore origins with bespoke, heritage-approved renovations. The result is a captivating transformation that honours the building's storied past while seamlessly integrating luxurious, modern living spaces. Soaring double-height ceilings, exposed timber beams, and custom finishes capture timeless charm, perfectly balancing the industrial heritage with contemporary elegance.The open plan living and dining areas are bathed in natural light, courtesy of expansive windows and sliding doors, while air-conditioning ensures year-round comfort. A custom-built brick feature wall anchors the space, and a sophisticated neutral colour palette is beautifully complemented by striking black accents.Designed for both cooking and entertaining, the fully renovated kitchen is a masterpiece of style and function. Bold black cabinetry and a dramatic waterfall granite breakfast bar and benchtops imported Himalayan exude modern flair. Premium Bosch appliances and ample storage enhance both the practicality and visual appeal of this space.Adjacent, a spacious bedroom provides serene privacy, with French doors offering acoustic insulation, a built-in wardrobe, and a modernised bathroom. Custom floating timber stairs, crafted from a single handpicked tree, lead to an expansive mezzanine level. Here, a second bedroom, separate office area, and a luxurious bathroom featuring statement pendant lighting, striking granite stone, and a rare Franke granite sink. Sound-insulated walls throughout ensure ultimate tranquillity and privacy.Mactaggarts Place stands as Brisbane's last remaining riverfront woolstore, effortlessly fusing industrial character with the comforts of modern luxury. Residents enjoy beautifully landscaped subtropical gardens, a sparkling riverfront swimming pool, an outdoor barbecue area, and direct access to scenic riverwalks, all within a building that cultivates a vibrant, close-knit community.Perfectly positioned in one of Brisbane's most sought-after locales, this property offers an unparalleled lifestyle. Teneriffe's dynamic caf culture, picturesque riverwalks, and excellent public transport options are just moments away. The ferry terminal, bus stops, and a selection of cafes and restaurants are all within walking distance, while Gasworks, James Street, and Metro Woolworths are mere minutes from your door.This apartment is not just a home; it's a lifestyle steeped in heritage and imbued with modern sophistication. Contact us today to secure your place in history at Mactaggarts Place.DisclaimerThis property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 151/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$935,000
08 Apr 2025
Listed for Rent
$420/w
20 Oct 2010
  • 08 Apr 2025
    Sold for $935,000
  • 26 Feb 2025
    Listed for Sale Offers Over $950,000
  • 17 Aug 2022
    Sold for $620,000
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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 3,803 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 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.