FOR SALE

698 Underwood Road
Rochedale QLD 4123

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 20230m2
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Property Details for 698 Underwood Rd, Rochedale

698 Underwood Rd, Rochedale is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 20230m2.This Property is currently listed for sale with Ray White Rochedale

Building Type
House
Land Size
20230m2
Local Government
Brisbane
Lot/Plan
2/RP80242

Last Listing description (October 2024)

If you've been eagerly awaiting a prime development opportunity, this opportunity is not to be missed.

On 5 acres of clear land in a blue chip location, this sprawling allotment in a high-exposure area promises the perfect venue for your next venture.

Land of this scale and calibre is a true rarity for Rochedale - developers seeking the next lucrative opportunity will not want to miss this remarkable property.

Block Dimensions:
2.02ha / 20,200 sqm of cleared land
107.5m frontage
188.2m depth

Development Prospects:
The DA Approval has been lodged for 8 blocks and 17 townhouses - just one of the many exciting ventures you can pursue on this block.
The current zoning of the block also allows for aged care, offices, and more

Location Features:
Easy access to major motorways, such as M1 and Gateway Motorway, making commuting a breeze
Walking distance to Rochedale Shopping Village
Walking distance to public transport, including the new Metro Station
Esteemed schools within ideal proximity
Less than 3-minute drive to Underwood Park
Less than 10-minute drive to Westfield Garden City

Currently, a single-story house with 4 bedrooms, and 2.5 bathrooms extends an opportunity to rent out for a generous return whilst your planning and approvals are underway!

For more information including the town planning report, please feel free to reach out to the team today.

All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties should rely solely on their own enquiries.

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Property History for 698 Underwood Rd, Rochedale, QLD 4123

A timeline of how this property has performed in the market
Last Sold
$52,000
11 Jun 1981
  • 07 May 2024
    Listed for Sale Contact Agent
  • 13 Jul 2022
    Listed for Sale Offers over $7 million
  • 09 Dec 2021
    Listed for Sale Offers Over $6,000,000
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About Rochedale 4123

The size of Rochedale is approximately 15 square kilometres. It has 14 parks covering nearly 2.4% of total area. The population of Rochedale in 2011 was 1,091 people. By 2016 the population was 3,171 showing a population growth of 190.7% in the area during that time. The predominant age group in Rochedale is 30-39 years. Households in Rochedale are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Rochedale work in a professional occupation. In 2011, 72.4% of the homes in Rochedale were owner-occupied compared with 80.1% in 2016.

Rochedale has 3,948 properties. Over the last 5 years, Houses in Rochedale have seen a 64.57% increase in median value, while Units have seen a 68.98% increase. As at 31 October 2024:

  • The median value for Houses in Rochedale is $1,613,163 while the median value for Units is $948,338.
  • Houses have a median rent of $950 while Units have a median rent of $790.
There are currently 47 properties listed for sale, and 12 properties listed for rent in Rochedale on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Rochedale.

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