37/1-5 Cascade Dr, Underwood is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 107m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in January 2012.
7.5% p.a Yield Guaranteed for 2 years + Capital Growth Potential - Complete New 3 Storey Townhouse AVAILABLE NOW!!!
Fantastic Investment Opportunity!! This represents the best investment opportunity available in Underwood. Situated in a recently completed development; this huge 3 storey townhouse is THE LAST AVAILABLE UNIT and is rented with a good quality tenant on a 12 month lease.
The developer is keen to sell the last unit and has priced it $10,000 below valuation and agreed to guarantee the continual rent for 2 years.
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 3,334 properties.
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