47/53 Vernon TerraceTeneriffe QLD 4005
Property Details for 47/53 Vernon Tce, Teneriffe
47/53 Vernon Tce, Teneriffe is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a land size of 98m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Teneriffe in the last 12 months.
Last Listing description (July 2025)
On the ground floor of the Mactaggarts Woolstore, Unit 47 has been renovated, perfect for owner-occupiers looking to secure an inner-city residence, or investors keen to purchase an asset perfectly catering to a wide range of tenants.
With a single level layout and great separation between both bedrooms, this apartment equally lends itself to professionals, young families, downsizers or shared living arrangements seeking to enjoy the incomparable Teneriffe lifestyle.
(PROPERTY SNAPSHOT)
- 1 Bath
- 1 Car
- 84 SQM
- Single level layout
- Ground floor apartment
- Internal courtyard
- Renovated kitchen + bathroom
Preceded by an internal courtyard, the entry leads past both bedrooms to the open plan kitchen and living/dining space. Renovated with practicality in mind, the galley style kitchen, with the addition of a small breakfast bench, allows room for a designated dining area.
The large double picture window in the lounge room overlooks the building's hedges and tree-lined Vernon Terrace, with the exposed brick wall and exposed timber beams adding charm to the space.
Set to the rear of the apartment, both bedrooms feature built-in, mirrored robes, as well as barn doors, with the main bedroom overlooking the unique atrium. The second bedroom, currently styled as a study, has been fitted with louvre windows to allow for natural light and airflow.
The shared bathroom has been updated and contains the laundry as well as linen storage.
Unit 47 presents a great opportunity to secure a home in the only remaining river front Woolstore, with direct access to the Teneriffe boardwalk as well as the CityGlider and CityCat terminal just around the corner. Positioned on the northern end of Vernon Terrace, vibrant Newstead and Gasworks Plaza is within walking distance, and the CBD as well as major roads and motorways just a short drive away.
(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 + Bus Terminal
- Secure parking
- Onsite Management
(SUBURB FEATURES)
LIFESTYLE
- Multitude of cafs, restaurants, bars and specialty shops
- Walking distance to Gasworks Plaza + James Street Precinct
- Walking distance to Riverwalk, New Farm Park + Howard Smith Wharves
- Easy access to public transport network
- Easy access to ICB + Kingsford Smith Drive, M7 + Airport Link Tunnel
TRANSPORT
- 4 km (15 min drive) to Brisbane CBD
- 15km (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 stop
EDUCATION
- 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 + a other inner-city private schools
Property History for 47/53 Vernon Tce, Teneriffe, QLD 4005
- 07 Apr 2025Sold for $900,000
- 10 Feb 2025Listed for Sale $900,000
- 03 Apr 2019Sold for $490,000
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 3,797 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:
- The median value for Houses in Teneriffe is $2,208,938 while the median value for Units is $1,203,373.
- Houses have a median rent of $800 while Units have a median rent of $790.
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