SOLD
Sold on 22 Jun 2024 for $220,000

8/3 Fermont Road
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: 26
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Property Details for 8/3 Fermont Rd, Underwood

Building Type
Commercial
Local Government
Logan City
Lot/Plan
8/BUP4450

Last Listing description (January 2024)

57M2 RARE GROUND FLOOR COMMERCIAL OFFICE / RETAIL SPACE

Ideal for Investors or Owner-Occupiers - Perfect for Start-Ups or Established Businesses

Located in the heart of the Underwood business district, this commercial office space is just minutes away from the M1 Motorway, Underwood Market Place, and a host of local services.

Property Features:

- Spacious open layout with high ceilings.
- Professional presentation
- Fully air-conditioned, featuring a private kitchenette with a dishwasher
- High-speed internet connectivity
- Shared signage and amenities.
- 26 shared parking spaces to accommodate your clients and team.
- Available immediately

For further information or to book an inspection please contact Daniel Pirrone-Cook.

Property History for 8/3 Fermont Rd, Underwood, QLD 4119

A timeline of how this property has performed in the market
Last Sold
$220,000
22 Jun 2024
  • 12 Oct 2023
    Listed for Sale Expression of Interest

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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.