OFF MARKET

21 Sylvia Street
Underwood QLD 4119

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 105m2
Land area: 3736m2
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Property Details for 21 Sylvia St, Underwood

21 Sylvia St, Underwood is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 3736m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1983
Floor Size
105m2
Land Size
3736m2
Local Government
Logan City
Lot/Plan
152/RP113995

Last Listing description (November 2024)

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 $1,400 approx per week this property represents lifestyle and opportunity.

Key Points:

- 3736 m2 block
- 3 separate dwellings with a rental income of $1,400/week approx
- Existing trunk sewerage, trunk stormwater and linear trunk stormwater asset
- Room to add more dwellings/granny flats for even a higher yield
- A well maintained, ready to move in 3 bedrooms house
- 2 Separate studio granny flats
- The only property of this magnitude available in Underwood
- 30,000L water tank
- Brank new polycarbonate roofing on the outdoor entertainment area
- Underground Power

Whether you like open space, development opportunities, own a small business, or investing, this is the property for you. With so much land to work with, you can subdivide or keep the whole block as is. The options are totally yours. The abundance of space lends itself to someone who requires extra room for; large vehicles (trucks, tractors, excavators), or a business with a fleet of vehicles.

Central location, walking distance to Underwood Marketplace including a variety of local shops, 21 Sylvia Ct. Underwood presents a once-in-a-lifetime opportunity for astute investors seeking to land bank, lease out, develop, or even reside amongst other established and increasingly popular properties in the esteemed Underwood locality.

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
- Rochedale Family Practice 4 mins
- Goodlife Health Clubs Springwood 2 mins
- Springwood Pumas Australian Football Club 1min

Act quick, opportunities like this are rarely available!

Contact Syed @04165 498 295 or Serena @0409 455 287 to register your interest or to book a private inspection.
All open home timings will be posted online weekly.

Disclaimer:

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 must solely rely on their own enquiries.
We encourage all buyers to do their own feasibility study as we will only provide the one we have from the vendors.

Property History for 21 Sylvia St, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$640,000
28 May 2021
  • 17 Jan 2024
    Listed for Sale Submit All Offers
  • 28 May 2021
    Sold for $640,000
  • 24 May 2021
    Listed for Sale Offers Over $649,000
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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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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.