1/2992 Logan Road, Underwood, QLD 4119 | Commercial for sale | OnTheHouse
FOR SALE
Offer to be Submitted

1/2992 Logan Road
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 59m2
Land area: 204m2
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RARE OUTDOOR ALFRESCO CAFE - FOR SALE OR LEASE

An incredible opportunity has landed in the heart of Underwood's thriving commercial hub. Positioned perfectly on Logan Road, this 59m²* prime retail/commercial space boasts an unprecedented 145m²* alfresco area all on title-making it the ultimate canvas for food & beverage and destination retail or office.
Whether you are an investor looking to secure a high-exposure asset or a business owner wanting to lock in a premium location, this property delivers on every front.
* The Space: 59m²* internal area + 145m²* alfresco area (Total 204m²* on Title)
* Car Parking: 5 dedicated on-site car parks (a massive bonus for Logan Rd!)
* Zoning: Centre Zoning (suitable for a wide variety of retail, commercial, medical, or dining uses)
* Tenancy Status: Currently tenanted until November 2026-offering immediate holding income for buyers or a perfectly timed transition for future occupiers.
* High Passing Traffic: Capitalise on the immense daily vehicle and foot traffic along Logan Road.
* Unmatched Connectivity: Strategically positioned just minutes from the M1 Motorway, providing effortless access to both Brisbane CBD and the Gold Coast.
* Local Hub: Only moments from the bustling Springwood CBD, major shopping precincts, and local amenities.
INSPECT & SECURE TODAY
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Property Details for 1/2992 Logan Rd, Underwood

Building Type
Commercial
Floor Size
59m2
Land Size
204m2
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About Underwood 4119

The size of Underwood is approximately 4.2 square kilometres. There are 11 parks, covering nearly 9.8% of the total area. The population of Underwood in 2016 was 6341 people. By 2021 the population was 6809 showing a population growth of 7.4% 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 2021, 70.70% of the homes in Underwood were owner-occupied compared with 67.60% in 2016.

Underwood has 3,409 properties. Over the last 5 years, Houses in Underwood have seen a 101.43% increase in median value, while Units have seen a 126.74% increase. As at 31 July 2026:

  • The median value for Houses in Underwood is $1,390,715 while the median value for Units is $880,972.
  • Houses have a median rent of $760 while Units have a median rent of $595.
There are currently 33 properties listed for sale, and 33 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 159 properties were sold in the past 12 months in Underwood.

Suburb Insights for Underwood 4119

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Lisa Dunne
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Ray White Industrial M1 North
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.