38/53 Vernon TerraceTeneriffe QLD 4005
Property Details for 38/53 Vernon Tce, Teneriffe
38/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1926. The property has a land size of 87m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (June 2022)
Renovated to highlight the much desired heritage features, this Mactaggarts Woolstore unit offers a delightful opportunity to get a foothold in the Teneriffe apartment market or a chance to secure a solid investment property.
Overlooking leafy Vernon Terrace, this apartment oozes charm while offering the convenience of a single level, ground floor unit, for those who may like to avoid stairs.
A functional floor plan offers the possibility to arrange the space to suit your needs.
A floating shower frame, combined with black hardware and timber fit-outs gives the bathroom a distinctly modern feel, highlighting the sought-after industrial style of this apartment.
The last remaining Woolstore with direct riverfront, you'll enjoy immediate access to the Riverwalk via the communal gardens, public transport options on your doorstep, and a plethora of local eateries and cafs just mere steps away.
We frequently see entry-level opportunities such as this one snapped up in a matter of moments, so don't miss the chance to inspect this exceptional offering.
PROPERTY FEATURES
1 Bedroom
1 Bathroom
1 Carpark
73 SQM
Ground Floor apartment
Renovated kitchen & bathroom
Extra-wide apartment
BUILDING FEATURES
Only Woolstore with direct riverfront
Outdoor pool, BBQ & gazebo areas and gardens area overlooking the Brisbane River
Immediate access to Riverwalk
Excellent proximity to CityCat Ferry Terminal, CityGlider and Bus Terminal
Secure parking
Onsite Management
SUBURB FEATURES
A multitude of cafs, restaurants, bars and specialty shops
Walking distance to CBD, Gasworks Precinct, James Street and Fortitude Valley
Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link
4 km to CBD
10 km to Brisbane Airport
2 km to Bowen Hills Train Station
New Farm State School Catchment zone
Holy Spirit Primary School New Farm
Property History for 38/53 Vernon Tce, Teneriffe, QLD 4005
- 16 Nov 2024Sold for $740,000
- 11 Jul 2023Sold for $640,000
- 06 May 2022Sold for $605,000
Recent sales nearby
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0About 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 3,798 properties. Over the last 5 years, Houses in Teneriffe have seen a 11.59% increase in median value, while Units have seen a 98.53% increase. As at 31 December 2025:
- The median value for Houses in Teneriffe is $2,102,322 while the median value for Units is $1,237,281.
- Houses have a median rent of $800 while Units have a median rent of $800.
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