86/54 Vernon Terrace, Teneriffe QLD 4005

Type of Property: Apartment

Reason for Purchase: Investment Property

Address: 86/54 Vernon Terrace, Teneriffe QLD 4005

Property Journey:

The client was looking for an alternative to the Sydney market. However, having little experience with interstate investing, he appointed Cohen Handler for our property services to source a property in Brisbane, which we were able to turn around in under 10 days. We secured a promising investment property off-market for $635,000, significantly cheaper than the most recent sale in the complex for a comparable unit that sold for $695,000.

About the Property:

  • Bright interior with polished floors and warm finishes
  • 2 bedrooms
  • 2 bathrooms
  • 1 parking space
  • 2.5km to CBD
  • 1.6km to Fortitude Valley Station
  • Very close to restaurants, cafes, shopping, supermarkets
  • Walking distance to Brisbane River and the University of Queensland Northshore Hamilton Ferry