FOR SALE
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Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 326m2
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Korean BBQ restaurant with ample opportunity exists to grow the business

This BBQ restaurant is positioned in Underwood and fully equipped with170 seats. It has been a solid earner to the current owner and with the client base continuing to expand, this restaurant won't be slowing down anytime soon. The owner's focus on outstanding customer service and quality food has acquired the good business reputation evidenced by the reviews on Google. At present, the business is primed and ready for new ownership with day-to-day operational training.
-Premises: An area of 326 spm
-Lease: $10,758 (Inc.GST)
-Location: Underwood
-Sales: $200,000 per month
-Net profit: $20,000 per month
-Trading Hours: 6 days (Tue - closed) 11:30am - 11pm
-Easy operation. Full training will be provided upon request
To attain the opportunity, contact us now otherwise, you will miss it due to high demand!
For more information, please contact Collin on 0434 491 535 or email to collin@kloverproperty.com.au

Property Details for Contact Agent For Address, Underwood

Building Type
Commercial
Floor Size
326m2

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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 3,341 properties. Over the last 5 years, Houses in Underwood have seen a 84.03% increase in median value, while Units have seen a 100.54% increase. As at 31 October 2024:

  • The median value for Houses in Underwood is $1,069,895 while the median value for Units is $641,614.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 38 properties listed for sale, and 19 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Underwood.

Suburb Insights for Underwood 4119

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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.