93/53 Vernon Terrace, Teneriffe, QLD 4005 sold on 21 February 2025 | OnTheHouse
SOLD
Sold on 21 Feb 2025 for $677,000

93/53 Vernon Terrace
Teneriffe QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 78m2
Sold By
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Graczyk Thompson
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Property Details for 93/53 Vernon Tce, Teneriffe

93/53 Vernon Tce, Teneriffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 78m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 1 bedroom Unit sold in Teneriffe in the last 12 months.

Building Type
Unit
Year Built
1910
Floor Size
60m2
Land Size
78m2
Local Government
Brisbane
Lot/Plan
93/BUP103463

Last Listing description (March 2025)

A fully furnished woolstore apartment located in the iconic McTaggart's building situated right next to the riverfront at Teneriffe.

Featuring a spacious open-plan air-conditioned living area, modern kitchen with appliances, large bedroom with built-in-robes, incredible high ceilings, exposed beams and a ton of character.

This woolstore apartment ticks all the boxes while situated in an unrivalled location. Cafes and restaurants on your doorstep plus only a short walk to an array or specialty shops and the best Brisbane has to offer including; Gasworks, James St, Brisbane Riverwalk and New Farm Park.

With quality long term tenants already in place, this apartment is perfect for the astute investor looking for a blue chip investment.

Apartment Features:
- Fully Furnished!
- Spacious air-conditioned living area
- Modern kitchen with electric cooktop, dishwasher and ample storage
- Large bedroom with built-in robes
- Bathroom with internal laundry facilities
- High ceilings and exposed brick walls and beams
- NBN ready
- Single secure car space
- Currently leased for $675 p/w until March 2026

Building Features:
- Riverfront pool
- BBQ facilities
- Direct access to the river-walk
- Intercom
- Secure complex with swipe tag access

Location and Transport:
- Array of coffee shops, restaurants and specialty shops right on your doorstep
- Public transport options aplenty on your doorstep with in and outbound bus stops including the City Glider and Teneriffe City Cat & Ferry terminal
- Gasworks, James St and New Farm Park are all within easy walking distance

* Every care and due diligence has been taken in the preparation of this listing. The agency and owner assume no responsibility for the accuracy of the content, and encourage all prospective tenants to conduct their own research.

Property History for 93/53 Vernon Tce, Teneriffe, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$677,000
21 Feb 2025
Listed for Rent
$500/w
04 Aug 2022
  • 21 Feb 2025
    Sold for $677,000
  • 10 Feb 2025
    Listed for Sale UNDER CONTRACT
  • 19 Feb 2024
    Listed for Rent $650 / week
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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 3,797 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.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Teneriffe on OnTheHouse. According to Cotality's data, 222 properties were sold in the past 12 months in Teneriffe.

Suburb Insights for Teneriffe 4005

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.