Back 58/70 Vernon Terrace
Off Market

58/70 Vernon Terrace

Teneriffe QLD 4005

3
2
2
157 m²
Apartment
Last sold for $1,500,000
Ben PercivalBen Percival, last sold this property on 04 February 2026 after 127 days on market.

Overview

(A TOP FLOOR APARTMENT IN THE CANNERY)

*For inspections, please use entrance at 70 Vernon Terrace.* Spanning across two levels in 'The Cannery' complex, Unit 58 is a rare opportunity to secure a unique Teneriffe residence. From the balconies and living areas, take in leafy views across Vernon Terrace toward the neighbouring Mactaggarts and Winchcombe Carson Woolstores, with glimpses of the CBD skyline from the rear of the apartment. (PROPERTY SNAPSHOT) - 3 Bedrooms - 2 Bathrooms + powder room - 2 Car spaces - 157 SQM - 2 external balconies - Views of surrounding Woolstores + CBD skyline glimpses - Carpeted bedrooms - Timber floor in living spaces - Electric fireplace - Ceiling fans throughout - Air-conditioned throughout - En-suite bathroom with bathtub - Built-in shelving + storage On the lower level, the open-plan living and dining area flows onto a generous balcony framed by greenery. An electric fireplace creates a cosy atmosphere on cooler days, while ample windows and louvres invite natural light and refreshing breezes year-round. Low-maintenance polished timber floors complement the home's neutral palette. The kitchen features a combination of enclosed and open cabinetry, plus a breakfast bar for additional preparation space. The lower-level bedroom enjoys plenty of natural light, making it a versatile space as a home office or a guest room, with a separate powder room on the same level. A floating timber and steel staircase adds a modern, industrial touch, leading to the upper level where both bedrooms enjoy curved floor-to-ceiling windows, louvres, and direct access to the second balcony. Both have enviable aspects - the main bedroom is nestled amongst the treetops of Vernon Terrace and the second bedroom has an eye-catching backdrop across the roofs of Teneriffe toward the CBD - as well as built-in wardrobes. The en-suite includes a shower-over-bath, while the spacious second bathroom incorporates the laundry and linen cupboard. Blending enviable views with unmatched privacy, this corner residence is one of 'The Cannery's' finest. Just steps from the river walk, with cafes and restaurants at your doorstep, it offers an exceptional inner-city lifestyle. With public transport close by and easy access to major roads, commuting and travel are effortless. (BUILDING FEATURES) – 25 metre heated lap pool – Plunge pool – Sun decks – BBQ area – Landscaped gardens – Equipped gym – Secure intercom access – CCTV – Onsite management (SUBURB FEATURES) LIFESTYLE - Multitude of cafés, 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 + other inner-city private schools (DISCLAIMER) While we have taken all reasonable care to ensure the accuracy of the information in this advertisement, we do not accept any responsibility and disclaim all liability for errors, omissions, inaccuracies or misstatements. Prospective buyers are encouraged to conduct their own enquiries to confirm the details provided.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
157 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Teneriffe over the last 12 months, the estimated median property value of 58/70 Vernon Terrace is $2m.

Median value
$2m
Estimated value range
$1.32m - $2.96m
Median days on market
52
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Teneriffe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 58/70 Vernon Terrace

2026
Sold
$1,500,000
04 Feb 2026 by Ben Percival, of Percival Property Group

Happy sellers in Teneriffe

94%
94% of sellers in Teneriffe reported that their sale price either exceeded or met their price expectations.

Teneriffe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Teneriffe over the last 12 months.

Local market activity for 3 bedroom apartments in Teneriffe

In the last 12 months, 35 three-bedroom apartments similar to 58/70 Vernon Terrace, have been sold.

This represents a 8% increase in three-bedroom apartments sales when compared to the previous 12 months.

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