FOR SALE
$1.4 Million

21 Sylvia Street
Underwood QLD 4119

Bedrooms: 7
Bathrooms: 4
Car spaces: -
Land area: 3736m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Unique Opportunity, 1x5 Lots or 7 Units, Childcare or Commercial shops

Welcome to 21 Sylvia Street Underwood. A unique opportunity which is almost impossible to find in Queensland highest predicted growing suburb.
With an abundant land size of 3736m2, 3 existing dwellings and a current rental income of over $1500 per week and the DA plan ready for 1x5 lot subdivision or build 7-9 townhouses/units this property is hard to be missed by any investor or developer.
LDR Zoning with the useable area, you can build up to 7-9 large units or material change of use to build apartments, the potential is endless for this unique parcel of land.
An existing well maintained beautiful main house and 2 added granny flats are on rental to pay the mortgage and holding costs easily. subdivision can be done by keep the existing house and sell the lots separately to recover all costs and live mortgage free! The potential and options are endless, all you have to do is put an offer!
Current Zoning Use: Multiple dwellings, Relocatable home parks, Retirement villages as well as non-residential uses, such as Childcare centres, Food and drink outlets and small-scale Shops which cater for local residents.
Potential to change zoning to MDR OR HDR due to being right opposite to the highway and strategically in that corridor (STCA)
Key Points:
- 3736 m2 block
- LDR Zoning which can be changed to MDR(tp build units or townhouses STCA)
- Build upto 7-9 units (STCA)
See More

Property Details for 21 Sylvia St, Underwood

21 Sylvia St, Underwood is a 7 bedroom, 4 bathroom House. The property has a land size of 3736m2. The place is currently for sale with Ray White Rochedale.

Building Type
House
Land Size
3736m2

Commute Calculator

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.

    Underwood Profile Page

    Suburb Insights for Underwood 4119

    Visit Underwood profile page
    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Visit Underwood profile page
    Contact agent
    Syed Ali
    Show contact details
    Call agent
    Serena Garcia
    Show contact details
    Call agent
    Ray White Rochedale
    Preferred contact:
    Privacy Policy
    CoreLogic Copyright and Legal Disclaimers about Property Data

    © Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

    This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

    X

    GETTING STARTED