Back 71/53 Vernon Terrace
Off Market

71/53 Vernon Terrace

Teneriffe QLD 4005

2
1
1
83 m²
Unit
Last sold for $1,075,000
Kai kangKai kang, last sold this property on 22 June 2026 after 73 days on market.

Overview

Where Comfort Meets the Riverfront Lifestyle

Step into a rare riverside offering in the iconic Mactaggarts Place Woolstore - a tightly held address where history, lifestyle, and uninterrupted river views converge. Overlooking beautifully manicured gardens and the shimmering Brisbane River, Unit 71 presents an exceptional opportunity to secure one of the most sought-after positions in Teneriffe. It's easy to see why this residence has been cherished for over a decade. A Home with Character & Contemporary Comfort This apartment offers a flexible two-bedroom layout designed for modern living. Rich in heritage charm, the apartment showcases: • Original exposed brickwork (imported from England in 1926) • Soaring ceilings with exposed timber beams • Large double-hung sash windows framing river and garden views The open-plan kitchen, complete with breakfast bar, flows seamlessly into the living and dining area - perfect for entertaining or relaxing in style. A versatile second room adds flexibility to suit your lifestyle: bedroom, nursery, study, or creative studio. Unmatched Lifestyle Appeal Residents enjoy exclusive access to the Teneriffe Riverwalk while benefiting from private, resort-style amenities including: • Swimming pool • BBQ & gazebo entertaining areas • Lush communal gardens • Secure parking & onsite management Location Positioned on Teneriffe's prized northern edge, everything you need is just moments away: • Steps to the CityCat Ferry Terminal & CityGlider bus • Walking distance to Gasworks Plaza, James Street, and Howard Smith Wharves • Close to New Farm Park and vibrant café culture • Just 4km to the Brisbane CBD • 10 km to Brisbane Airport • 2 km to Bowen Hills Train Station • New Farm State School Catchment zone Property Features • 2 Bedrooms • 1 Bathroom • 1 Secure Car Space • Onsite Management • Direct river views (North-East facing) • Air conditioning • Open-plan living & dining • High ceilings with exposed beams & original brick walls • Entire unit renovated about 2 years ago Set within a warm, welcoming community, this home offers the perfect balance of lifestyle and convenience. With cafés, restaurants, gyms, dog parks, and public transport all nearby, it's easy to see why this residence has been so loved. This is more than just an apartment - it's a lifestyle opportunity in one of Brisbane's most sought-after riverside precincts.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
83 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Teneriffe over the last 12 months, the estimated median property value of 71/53 Vernon Terrace is $1.07m.

Median value
$1.07m
Estimated value range
$955k - $1.25m
Median days on market
46
Estimated value trend
28%
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 71/53 Vernon Terrace

2026
Sold
$1,075,000
22 Jun 2026 by Kai kang, of Aurora Property | Newmarket
2024
Sold
$900,000
Private Sale/Treaty on 24 Jun 2024 by Alex Rutherford, of Place Estate Agents - New Farm
2022
Sold
$720,000
Private Sale/Treaty on 10 Nov 2022 by Ben Percival, of Ray White New Farm

Happy sellers in Teneriffe

96%
96% 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 13 reviews in Teneriffe over the last 12 months.

Local market activity for 2 bedroom units in Teneriffe

In the last 12 months, 6 two-bedroom units similar to 71/53 Vernon Terrace, have been sold.

This represents a 16% decrease in two-bedroom units sales when compared to the previous 12 months.

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