OFF MARKET

2880 Logan Road
Underwood QLD 4119

Bedrooms: 3
Bathrooms: 1
Car spaces: 10
Floor area: 92m2
Land area: 582m2
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Property Details for 2880 Logan Rd, Underwood

2880 Logan Rd, Underwood is a 3 bedroom, 1 bathroom Unit with 10 parking spaces and was built in 1980. The property has a land size of 582m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1980
Floor Size
92m2
Land Size
582m2
Local Government
Logan City
Lot/Plan
164/RP122431

Last Listing description (April 2021)

If you are looking for an outstanding investment opportunity, look no further! This exceptional opportunity is located in the heart of Underwood, promising exceptional development potential. With an opportunity to transform the block into a health care clinic, or a shop (please see below features for further information), you will love the exposure your venture would attract given the thriving location.

If you aren't looking to develop right now, but are looking for a phenomenal investment opportunity, you have found it!

Currently offering a renovated, stylish home and a modern granny flat atop the generous block, the expected combined rental income is very generous.

The lucky buyer of this home will be able to sit back, relax, and reap the financial rewards as the value of this property continues to soar over forthcoming years!

The main home has been tastefully renovated with chic finishes, promising to appeal to quality tenants. The generosity of space throughout ensures the occupants will be unwinding, or entertaining comfortably!

There is also a granny-flat towards the back of the home, renovated to offer stylish finishes, and boasting two spacious bedrooms, a living area, a modern kitchen, and a well-appointed bathroom with modern appointments.

Development Potential:
• Please feel free to contact us for the full guide provided by the Town Planner
• Health care service, including a dental clinic, medical centre, natural medicine practices, nursing clinic and physiotherapy clinic
• Shop - including a hairdresser liquor store, department store, discount variety store, hairdressing salon, liquor store, supermarket
• Wonderful exposure for either of these ventures, given the thriving location

Main Home:
• Fantastic solar system - 20, 6.6kw panels and a 5 kilowatt system
• Four spacious bedrooms, complete with brand-new carpets, built-in robes and air-conditioning
• Serviced by a renovated bathroom, with modern, sleek finishes
• A living area of marvellous proportions
• Another room, perfect to use as a study
• Generous kitchen with ample bench and storage space
• An expansive timber deck, constructed using premium materials

Granny Flat:
(Photos are unavailable for the granny flat, please view by appointment)
• Recently finished to offer modern appointments throughout
• A stylish kitchen
• Two bedrooms, both of exceptional proportions
• A contemporary bathroom to service these rooms
• Spacious living area

Location Features:
• In the heart of Underwood
• Moments from M1, and other major motorways
• Across the road from Underwood Marketplace, offering a variety of retailers and dining options
• Recreational parks closeby
• Close to places of worship to cater to all denominations
• Fantastic schools within ideal proximity
• Westfield Garden City and Sunnybank Plaza around 10 minutes away

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.

Property History for 2880 Logan Rd, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$522,000
19 Feb 2021
Listed for Rent
14 Apr 2021
  • 07 Apr 2021
    Listed for Rent - Price not available
  • 19 Feb 2021
    Sold for $522,000
  • 11 Jun 2020
    Listed for Sale Offers over $550,000
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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 35 properties listed for sale, and 19 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 175 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.