FOR SALE
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18 Farzana Place
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
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Land area: 2046m2
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Buy One, Get Two - Sellers Purchased Elsewhere - Must BE SOLD

Experience a unique investment opportunity with the dual-lot offering at 18 Farzana Place, Underwood. Set in one of the most sought-after suburbs, this property combines the potential for substantial development with the charm and convenience of suburban living. This is your chance to acquire two significant lots under a single title, perfect for a bespoke residential project or as a high-return investment in a rapidly appreciating area. Join us at our exclusive in-room auction and envision the future of living in Underwood. DA APPROVED for 2 BLOCKS!
Key Highlights:
Dual Lots, Multiple Opportunities: Lot 1 spans approximately 1274m² and Lot 2 around 772m². Each lot comes with independent access and is primed for unique or cohesive development strategies.
Ready-to-Execute Approved Plans: Benefit from a streamlined start with fully approved development plans. Infrastructure groundwork, including detailed sewer, water, and stormwater plans, has been meticulously laid out to ensure a quick commencement of construction activities.
Prime Location in Underwood: Nestled just minutes from Brisbane, Underwood is a vibrant suburb known for its community feel and strategic connectivity. Its ongoing development and enhancement make it a wise choice for long-term investment.
Educational and Retail Amenities: Proximity to top-rated schools like Kuraby Special School, Underwood Early Learning Centre, and Springwood State High School makes this an ideal location for family-oriented residential projects. Underwood Marketplace and the bustling Logan Road retail precinct cater to all shopping and dining needs, adding daily convenience and leisure.
Exceptional Connectivity: Positioned conveniently with access to the Pacific and Gateway Motorways, commuting to Brisbane CBD, the Gold Coast, or the surrounding business parks is effortless. This connectivity is perfect for professionals looking to balance city work with suburban tranquility.
Community and Lifestyle: The area is surrounded by parks such as Underwood Park and Springwood Conservation Park, offering outdoor activities for families and fitness enthusiasts. Local cafes, restaurants, and community centers foster a tight-knit community atmosphere.
Investment and Development Appeal:
Robust Growth Area: Underwood is experiencing a phase of dynamic growth with rising property values and community investments. Purchasing now positions your investment at the cusp of this upward trajectory.
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Property Details for 18 Farzana Pl, Underwood

Building Type
Land
Land Size
2046m2

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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 3,335 properties.

    There are currently 22 properties listed for sale, and 17 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Underwood.

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