Teneriffe woolstore apartment sales spree

Three luxury apartments have sold in the past week in Teneriffe topped by a $1.7 million sale in an old warehouse complex. It was in the river-facing Dakota woolstore at 407/88 Maquarie Street. The former Goldsbrough Mort and Company Ltd building conversion was undertaken by the Meridien development group headed by Russell McCart. It first sold at $450,000 in 2001, amid the 268 heritage listed apartments. It had 199sqm of space in the three-bedroom, two-bathroom over two levels. Large sash windows have a view of the Brisbane River. It sold through Ray White agent Ben Percival. Meridien evolved into Pacifica Developments, where McCart is chairman. There was a $1.42 million sale in the 1911 Winchcombe Carson Woolstore. The 54 Vernon Terrace offering had huge timber beams dissecting its dining and formal living areas in the three bedroom apartment. The cheapest of the three sales was a modern riverfront apartment at 135 Macquarie Street, Mercantile Place. It had two bedrooms with 120 sqm plus courtyard. The building features include a security gated entry to car park amid extensive sub-tropical gardens.