Ray White Industrial Southwest, as exclusive agents are pleased to present 62-64 Kingston Road, Underwood to sale via expressions of interest. This main road holding is located in the tightly held underwood precinct with the asset having a large holding income as well as over 1000m2 of building area. The site has over 70 metres of main road frontage to Kingston Road allowing for excellent exposure and future development within the tightly held local market.
STAGGERED LEASE TERMS ALLOWING FOR OWNER-OCCUPIERS OR DEVELOPERS
Features Include:
The asset at 62-64 Kingston Road is being offered for sale via expressions of interest closing 11th of March 2022. Please make contact if you require any further information on the asset or if you would like to arrange an inspection.
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 3,321 properties. Over the last 5 years, Houses in Underwood have seen a 92.04% increase in median value, while Units have seen a 96.31% increase. As at 30 September 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.