A rare offering in the Eucalyptus Industrial Complex Underwood. This once operated as the local snackbar and is now set up as a commercial food processing premises.
* Grease trap
PRICE: Contact Exclusive Agent
BUILDING AREA: 48 sqm
Location:
Underwood is located approx. 20kms southeast of the Brisbane CBD in the Brisbane-Gold Coast corridor. This area boasts an extensive and diverse mix of commercial, industrial and retail property, as well as a considerable established residential community. The area is well serviced by the Pacific Motorway, which provide links to both the north and south as well as easy access to the Logan and Gateway Motorways.
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 3,348 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:
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