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2/4 Lapis Street
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
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Floor area: 348m2
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EXCEPTIONAL WAREHOUSE WITH MEZZANINE OFFICE - AVAILABLE NOW!

An exceptional opportunity to secure a versatile industrial unit in a prime Underwood location! This space is perfect for a variety of businesses, offering functionality and convenience.
Key Features:
• Total area: 348m², ideal for warehousing or manufacturing
• Mezzanine office: 89m², providing an elevated workspace or storage
• Access: 2 x Electric roller doors (4.3m clearance)
• Facilities: Onsite toilet and washroom
• Dedicated Office: Separate from the main warehouse floor
The current lease runs until early January 2025, with the tenant willing to vacate earlier if needed.
Location Highlights: Located just 20 kilometres southeast of Brisbane's CBD, Underwood offers quick access to key transport routes, including the M1 and Logan Motorway. The surrounding area is a dynamic business hub with excellent road connectivity via Logan Road, Kingston Road, and Compton Road. This industrial estate benefits from proximity to retail, commercial, and office amenities.
Act Fast - This Won't Last! Enquire today to secure this prime industrial space.

Property Details for 2/4 Lapis St, Underwood

Building Type
Commercial
Floor Size
348m2

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About Underwood 4119

The size of Underwood is approximately 4.2 square kilometres. It has 11 parks covering nearly 9.8% of total area. The population of Underwood in 2011 was 5,327 people. By 2016 the population was 6,343 showing a population growth of 19.1% in the area during that time. The predominant age group in Underwood is 30-39 years. Households in Underwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Underwood work in a professional occupation. In 2011, 70.2% of the homes in Underwood were owner-occupied compared with 67.6% in 2016.

Underwood has 3,348 properties. Over the last 5 years, Houses in Underwood have seen a 92.34% increase in median value, while Units have seen a 89.91% increase. As at 31 August 2024:

  • The median value for Houses in Underwood is $1,076,946 while the median value for Units is $613,160.
  • Houses have a median rent of $680 while Units have a median rent of $560.
There are currently 35 properties listed for sale, and 14 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Underwood.

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Grant Turner
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Sid Arora
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