56 Kingston Road, Underwood, QLD 4119 | Commercial for sale | OnTheHouse
 
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56 Kingston Road
Underwood QLD 4119

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 1964m2
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Motivated Seller Wants This Sold Before Christmas....Tightly Held Site with Massive Upside!

This is your chance to secure 56 Kingston Road, Underwood. This property represents an exceptionally rare and strategic opportunity to acquire a prominent, established mixed-use asset within one of South East Queensland's most rapidly expanding and tightly held commercial corridors. With the owner retiring, the sale presents a clear path for an incoming purchaser to maximize the inherent value of this commanding site.
KEY ASSET HIGHLIGHTS & UPSIDE POTENTIAL:
This property is not merely a land holding; it is a de-risked commercial platform positioned for immediate utilisation, investment, or future development.
• Unrivalled Exposure: Located directly on the highly trafficked Kingston Road, benefiting from approximately 35,000* vehicles passing daily, ensuring maximum business visibility and brand presence.
• Substantial Land Area: A significant land area of 1,964m2*, complemented by an additional 592m2* Title-registered, Council-Approved access easement, providing exceptional operational flexibility.
• Potential Income Generation: Offered with vacant possession, the property is poised to deliver rental income due to its prime location and established infrastructure, presenting an attractive income while holding the property if you choose to develop.
• Established Operational Value: Features an existing 220m2 building with fully operational amenities, including male and female facilities, a separate shower, a fully air-conditioned office, a kitchenette/lunchroom, and three-phase power.
• Established Use & Regulatory Advantage: The property boasts a proven 45-year use as a landscape supply yard. This existing operation provides substantial value, having already satisfied complex EPA requirements-a saving of potentially several hundred thousand dollars and significant time over establishing a new site. The nearest comparable opposition is over 7 kilometres* away.
• Flexible Zoning & Future Growth: Zoned Mixed Use, catering to developers, astute investors, or owner-occupiers. The site offers strong redevelopment potential (STCA), allowing for capitalisation on future market demand.
• Operational Excellence: Multiple access points and a flexible site configuration ensure immediate and efficient use, regardless of the incoming purchaser's requirements.
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Property Details for 56 Kingston Rd, Underwood

Building Type
Commercial
Floor Size
220m2
Land Size
1964m2
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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 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 3,372 properties. Over the last 5 years, Houses in Underwood have seen a 103.43% increase in median value, while Units have seen a 101.55% increase. As at 31 October 2025:

  • The median value for Houses in Underwood is $1,217,384 while the median value for Units is $730,342.
  • Houses have a median rent of $720 while Units have a median rent of $520.
There are currently 30 properties listed for sale, and 19 properties listed for rent in Underwood on OnTheHouse. According to Cotality's data, 139 properties were sold in the past 12 months in Underwood.

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