3110/2996 Logan RoadUnderwood QLD 4119
Property Details for 3110/2996 Logan Rd, Underwood
Last Listing description (November 2023)
Total area 135sqm
Ground floor office with easy access carparking at front door
Exclusive lift from underground carparks to office level
Glass throughout, fit-out with 3.6 metre high clearance ceiling
High 3.6m ceilings
Close to shops, Springwood Bus Interchange & very easy access to new M1 on ramp
3-year lease in place
Net Lease income $41,200 per annum starting from Jan 2024.
Tenant pays outgoings (Rates & Body Corp)
Fixed 3% annual increases
High quality office with fit-out
Fully air-conditioned throughtout
3 Secure basement car parks
Ample on-site shared parking
Signage opportunities
On-site Caf, short walk from Bus Terminal
Easy access to M1 Motorway
Location
Underwood is located approximately 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 3110/2996 Logan Rd, Underwood, QLD 4119
- 16 Jan 2024Sold for $645,000
- 02 Nov 2023Listed for Sale $680,000 (Going Concern)
- 25 Jul 2022Listed for Sale Contact Exclusive Agent Bruce Webster
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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.
Suburb Insights for Underwood 4119
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