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71/53 Vernon Terrace, TeneriffeFor Sale
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71/53 Vernon Terrace

Teneriffe, QLD 4005, Australia
For Sale
2 bed 1 bath 1 car83 m²

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About this property

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.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
83 m²
Listed
2 months ago

Repayment calculator

$5,614/month
$2,807 /fortnight
Loan $926,400 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$231,600
Stamp duty$47,110
Conveyancing (est.)$2,000
Total upfront$280,710
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Teneriffe

This 2-bedroom apartment in Teneriffe, QLD 4005 sits within reach of public transport, local shops local amenities.

What's nearby

  • Commercial Rd at Teneriffe Ferry, stop 16 (bus)117 m away
  • Danny' Bread185 m away
  • Sir Manuel Hornibrook Park171 m away
  • Bulimba Riverside Park489 m away
  • Unnamed539 m away

Teneriffe at a glance

Full suburb profile
Population
5,520
Median age
37
Household income
$2,645/wk
Median rent
$510/wk
Median mortgage
$2,167/mo

Source: ABS Census.

Due diligence

Property Report

Planning & context

Sources: Australian Gov open data, OpenStreetMap + StMate AI
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Teneriffe price trend

Median sold · Unit 2 bed

Compound growth +14.3% / yr over 4 yrs

$1.18mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Teneriffe market

Within 5km

Nearby Properties

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