74/53 Vernon Terrace, Teneriffe, QLD 4005 | Property Value & History | OnTheHouse
 
OFF MARKET

74/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 78m2
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Property Details for 74/53 Vernon Tce, Teneriffe

74/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1925. The property has a land size of 78m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1925
Floor Size
65m2
Land Size
78m2
Local Government
Brisbane
Lot/Plan
74/BUP103463

Last Listing description (November 2023)

Affording stunning river views and vistas of Mactaggart's beautifully manicured gardens, 74/53 Vernon Terrace is an impeccable one-bedroom opportunity.

Spread over 64 SQM, with an ideal north-eastern aspect, enjoy the spacious feeling this apartment provides with its flowing open-plan living and dining area. A stainless steel kitchen bench & breakfast bar subtly highlight the industrial feel of this property. With high ceilings, exposed timber beams, and original red brick walls, you can't miss the character this Woolstore exudes.

Combining heritage architecture with modern functionality, the layout of this apartment allows for ample airflow and natural light to flood in through the original sash windows.

Both the bedroom and the bathroom with a built-in laundry are well laid-out and generous in size.

The only Woolstore with direct access to the Riverwalk, Mactaggart's Woolstore also benefits from close proximity to various public transport options such as the CityCat, City Glider and BCC bus lines and is only a few minutes away from Gasworks Plaza. Home to some of Brisbane's most exciting cafes, eateries, restaurants and small businesses, it is near impossible not to succumb to the charm of Teneriffe.

An ever-popular segment of the market, don't miss out on the opportunity to inspect this property - the competition will surely be stiff!

PROPERTY FEATURES
1 bedroom
1 bathroom
1 car space
64 SQM
Direct River views
North-East Facing
Air - Conditioned
Open-plan living & dining area
Stainless steel breakfast bar & kitchen bench
High ceilings with exposed beams & original brick walls

BUILDING FEATURES
The 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
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

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Property History for 74/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$740,000
27 Oct 2023
Listed for Rent
$300/w
02 Jun 2006
  • 27 Oct 2023
    Sold for $740,000
  • 25 Oct 2023
    Listed for Sale Pre Market Opportunity
  • 16 Jun 2023
    Listed for Sale Off Market Opportunity
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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 3,798 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.
There are currently 16 properties listed for sale, and 8 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Teneriffe.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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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.

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