OFF MARKET

15 Gunalda Street
Underwood QLD 4119

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 138m2
Land area: 607m2
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Property Details for 15 Gunalda St, Underwood

15 Gunalda St, Underwood is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 607m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1980
Floor Size
138m2
Land Size
607m2
Local Government
Logan City
Lot/Plan
365/RP125420

Last Listing description (March 2022)

This unique Dual Living double brick family home is not only beautiful, spacious and renovated but also a perfect investment in the heart of Underwood. This house ticks all the right boxes for investors and home buyers alike.
A fully equipped and running bakery is an added feature which is generating a great income and can be used to produce bakery items commercially.
Spanning over two separate self-contained levels, an added commercial bakery (council approved with 5-Star safety rating) this stunning family home provided dual living and ample room for a growing families and savvy investors who want three rental income for the price of one property.

The current rental appraisal is $60,000 p.a inc. GST and it can go as high as $100,000/year if rented all three living spaces seperately. Investors, do your maths, this can't be missed at this price!

Upper Level:
- Large and spacious Living
- Separate Dinning
- Open plan Kitchen
- Spacious balcony & entertainment area
- Polished timber flooring throughout
- Three large bedrooms with built in robes
- Aircon in the master bedroom
- Large bathroom and a toilet
- Ceiling fans throughout

Ground Floor:
- Separate commercially equipped kitchen
- Spacious Living and an added room
- Can put in 2 extra bedrooms considering the space
- Separate toilet and laundry

The Commercial Kitchen/ Bakery is 50m2, fully approved by the LCC and have a 5 Star safety rating. The current owners had a food manufacturer license which can be re-obtained pretty easily if you're in the food business and want to explore your options in this growing market.
Some features of the commercial kitchen/ bakery:
- Fully equipped and operational facility which can generate sizeable rental income or business for the new owners
- 3-phase electricity (metered separately to the house)
- Instantaneous hot water (water metered separately to the house)
- Cool room and freezer room
- Air con
- Canopy exhaust
- 1000L grease trap
- 10-tray Rational gas combi oven
- 2-deck electric oven
- 60L planetary stand mixer
- Trolleys
- Commercial Fridge
- Weighing scale
- Stainless benches

Hydraulic plans, council approved drawings of the bakery, food license can all be provided upon request.

Some Extra Features:
- Double lock up remote garage
- 3KW solar system
- 3 Phase meter
- Instantaneous hot water
- Veggie garden
- NBN

Location can't get any better:
- Less than 1 min drive to access Pacific Motorway
- Backing to Lowe Oval Precinct
- Only 1.1 kms walk to Arndale Shopping Centre
- 1.7 kms to Springwood Rd State School
- 1.9 kms to nearest Mosque
- 4.6 kms to Islamic College of Brisbane School
- 19 mins drive to Brisbane CBD

All offers are welcome at this stage as the owners are highly motivated to sale!

Contact Syed @04165 498 295
Or Serena @0415 844 573
To register your interest or to book a private inspection.

"RAY WHITE ROCHEDALE has taken all reasonable steps to ensure that the information contained
in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect
to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make
their own enquiries to verify the information contained in this advertisement."

Property History for 15 Gunalda St, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$860,000
17 Feb 2022
Listed for Rent
24 Feb 2022
  • 17 Feb 2022
    Sold for $860,000
  • 07 Jan 2022
    Listed for Sale SUBMIT OFFERS
  • 13 Sep 2021
    Listed for Rent - Price not available
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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 35 properties listed for sale, and 18 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Underwood.

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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.