87/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 79m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Here is your fantastic opportunity to own this incredible 1 bedroom apartment, perfectly situated within the Mactaggarts Place Woolstore building on the banks of the Brisbane River in the heart of Teneriffe. Converted to residential apartments in 1995, the Mactaggarts Place Woolstore building is a wonderful piece of history with its original construction being in 1926. This impressive complex is brimming with industrial finishes to keep with its original character, while residents can also enjoy the stunning landscaped gardens and resort style pool while overlooking the Brisbane River.
Apartment 87 in Mactaggarts Place also has so many conveniences on its doorstep including Teneriffe Village, Gasworks, Merthyr Village, James Street and all the coffee shops, alfresco eateries, award winning restaurants, boutique bars and shops, New Farm Park, excellent public transport options, direct River Walk access and only 2km from the Brisbane CBD - where else would you want to live?
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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