SOLD
Sold on 19 Jul 2024 for $132,000

4/3 Fermont Road
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 37m2
Land area: 476m2
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Property Details for 4/3 Fermont Rd, Underwood

Building Type
Commercial
Floor Size
37m2
Land Size
476m2
Local Government
Logan City
Lot/Plan
4/BUP4450

Last Listing description (September 2024)

Located in the thriving commercial suburb of Underwood, just off the M1 and 20 minutes from Brisbane CBD, is a bite sized commercial investment opportunity:

Ground floor commercial suite
Partial fit out in place

2 offices plus reception
Approx. 35m2
1 allocated space, plus huge visitor parking area

An opportunity such as this, within close proximity to one of Australia's biggest Capital cities is rare, and you'll need to act fast.

The current owner would also consider a new lease for the right applicant.

DISCLAIMER

"We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur (including but not limited property area, description and approvals). We disclaim and do not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information contained herein. Prospective Tenants should make their own enquiries and seek appropriate advice to verify the information contained herein."

Property History for 4/3 Fermont Rd, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$132,000
19 Jul 2024
Listed for Rent
$1.00k/w
18 Aug 2023
  • 22 Jul 2024
    Listed for Sale $850pcm + Outgoings + GST or $145,000
  • 19 Jul 2024
    Sold for $132,000
  • 18 Aug 2023
    Listed for Rent $1,000 / month
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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 3,366 properties. Over the last 5 years, Houses in Underwood have seen a 83.92% increase in median value, while Units have seen a 107.07% increase. As at 30 November 2024:

  • The median value for Houses in Underwood is $1,094,357 while the median value for Units is $673,900.
  • Houses have a median rent of $680 while Units have a median rent of $475.
There are currently 27 properties listed for sale, and 13 properties listed for rent in Underwood on OnTheHouse. According to CoreLogic's data, 180 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.