FOR SALE
$625,000 (Going Concern)

3109/2994-2996 Logan Road
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 110m2
Land area: 110m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

TENANTED INVESTMENT IN CORPORATE OFFICE PARK

• Total area 110m2
• New 5-year lease commenced July 2023 with 2 x 5-year options
• Current net income $34,116.18 PA Net + GST + Outgoings
• CPI annual increases
• Outgoings paid by tenant including Property Management fees.
• Outgoings - $12,970.88 PA (Rates and Body Corporate)
• Generous entry showroom / reception area
• Ground floor office / retail space
• Large open plan office area with multiple data and power points
• Rear roller access for storage
See More

Property Details for 3109/2994-2996 Logan Rd, Underwood

Building Type
Commercial
Floor Size
110m2
Land Size
110m2

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 3,347 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 37 properties listed for sale, and 13 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Underwood.

Underwood Profile Page

Suburb Insights for Underwood 4119

Visit Underwood profile page
Market Insights
Underwood 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.
Underwood 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
Aldo Bevacqua
Show contact details
Call agent
Ray White Commercial Springwood
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