17/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 82m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
This stunning residence is situated on the ground floor of the iconic Mactaggarts Place Woolstore. Featuring soaring double height ceilings, an open plan living and dining area, and the perfect north-east aspect with uninterrupted river views. A Woolstore apartment of this standard is hard to beat, and is the perfect purchase for singles, couples, first home buyers or investors.
As the last remaining Woolstore building on the riverfront in Brisbane, the Mactaggarts Place features a lovely pool, BBQ and gazebo area overlooking the Brisbane River - an idyllic destination to relax in the sun all year long. Teneriffe offers accessibility to the best lifestyle options Brisbane has to offer. Whether it's strolling along the river walk to New Farm Park and beyond; commuting via the CityCat ferry and CityGlider buses positioned next to Mactaggarts Place, or exploring the dining, retail and cultural destinations of the inner city - everything is within reach!
Notable Features Include:
Building facilities:
- Riverfront swimming pool
- BBQ & Gazebo set in riverfront gardens
- Onsite management
- Direct access to river board walk
- City cat & bus stop at your front door
- Walking distance to Gasworks Plaza
- Secure undercover car park and visitors car-park
- Several entry points to complex
- Recent master plan refurbishment
- Intercom access
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 3,796 properties. Over the last 5 years, Houses in Teneriffe have seen a 21.07% increase in median value, while Units have seen a 94.42% increase. As at 30 November 2025:
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