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Sold on 23 Oct 2024 - Price Unavailable

55 Kenway Drive
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 320m2
Land area: 900m2
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Property Details for 55 Kenway Dr, Underwood

Building Type
Commercial
Floor Size
320m2
Land Size
900m2

Last Listing description (October 2024)

• Building area - 326m²
• Land area - 900m²
• Unit 1 - Building area 126m²

• Unit 2 - Building area 135m²
• Area 3 - 65m² (Currently vacant)
• Combined income - $48,000 PA Gross
• Unit 1 lease expiry 09/25 with 1 year option
• Unit 2 lease expiry 11/24 with no option
• Area 3 - Potential to be leased for $15,000 PA Gross + GST
• Office with air-conditioning
• 3 Phase power
• Amenities on-site
• Some hardstand
• Onsite parking
• Fully secure site
• Double gates and fully fenced
• Light Industry Zoning
• Just minutes From M1/ Gateway and major connecting roads

Underwood is located within the Brisbane Region approximately 20 kilometres Southeast of the CBD. Underwood is within close proximity of the M1 and Logan Motorway. Major roads such as Logan Road, Kingston Road and Compton Road encompass the Underwood business centre, which is a mixed-use urban development area incorporating the Underwood/Slacks Creek industrial estate as well as retail, commercial and office establishments.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers/lessees should make their own enquiries to verify the information.

Property History for 55 Kenway Dr, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
23 Oct 2024
Listed for Rent
$287/w
11 Nov 2024
  • 17 Oct 2024
    Listed for Rent $37,000 / year
  • 02 Oct 2024
    Sold for $1,100,000
  • 11 Apr 2024
    Listed for Sale $1,200,000 (Going Concern)
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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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Contact agent
Aldo Bevacqua
Show contact details
Ray White Commercial Springwood
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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.