3 Welch StreetUnderwood QLD 4119
Property Details for 3 Welch St, Underwood
Last Listing description (May 2024)
* Rarely available 1,007sqm Warehouse/Office in tightly held Underwood location.
* Clear instructions to lease asap. Current tenant vacating early. Deal to be done.
* 121sqm* Level 1 Air-conditioned Office Space.
* 707sqm* High-bay Warehouse area. Main section over 8minternal height. Front, side, and rear roller door access.
*58sqm* approx. Mezzanine space.
* Onsite Car parking, 3 phase power and separate amenities.
* Very easy access of Pacific Motorway. 20 Minutes to Brisbane City and 40 Minutes to Gold Coast.
*Contact Exclusive Agents Manoli Nicolas on 0400 082 170 or David Kratochvil on 0408 006 281 or Joseph Miu 0402 963 355 for inspection today.
* approximately.
LEASE RATE: Contact Agent
AVAILABLE SPACE: 1,007 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 greater Springwood/Underwood region has strong surrounding population growth with a varied demographic of residents and workforce. 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.
Property History for 3 Welch St, Underwood, QLD 4119
- 03 May 2024Sold for $2,800,000
- 18 Mar 2024Listed for Rent - Price not available
- 07 Mar 1980Sold for $233,000
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0About 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 3,348 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:
- The median value for Houses in Underwood is $1,076,946 while the median value for Units is $613,160.
- Houses have a median rent of $680 while Units have a median rent of $560.
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