1/1-5 Cascade DriveUnderwood QLD 4119
Property Details for 1/1-5 Cascade Dr, Underwood
Last Listing description (April 2011)
Management Rights - Underwood
Penny Lawson 0403 665 750 and the team at Kapitol Brokers are proud to offer for sale the management rights to this near new permanent property in Underwood. Only just 2 years old and comprising spacious 2 & 3 bedroom townhouses and family sized 3 bedroom lowset villas, this property boasts in excess of 90% in the letting pool with the majority of properties owned by investors club members. Easy care gardens and very little common property to look after the manager enjoys his own private courtyard and a well appointed separate office completes the picture. All the hard work of building up the business is done so the new management team can simply move in and enjoy the highly sough central location. Public transport and a major shopping centre are within a stones throw of the property making it a popular rental area for those working in the CBD.
For further property information or to book your inspection contact marketing agent
visit www.kapitolbrokers.com.au
The sustainability declaration for this property can be obtained by contacting the agent.
Property History for 1/1-5 Cascade Dr, Underwood, QLD 4119
- 18 Oct 2013Sold for $450,000
- 23 Sep 2013Listed for Rent - Price not available
- 13 Oct 2011Listed for Rent - Price not available
Recent sales nearby
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0About 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 3,395 properties. Over the last 5 years, Houses in Underwood have seen a 114.91% increase in median value, while Units have seen a 110.03% increase. As at 30 April 2026:
- The median value for Houses in Underwood is $1,423,099 while the median value for Units is $839,846.
- Houses have a median rent of $750 while Units have a median rent of $605.
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