Property Details for 1 Parramatta Rd, Underwood
Last Listing description (June 2026)
FOR LEASE: 1/1 Parramatta Road, Underwood QLD
Positioned in a highly accessible location within the established commercial precinct of Underwood, Queensland, Australia, this versatile unit offers an excellent opportunity for businesses seeking exposure, convenience, and flexibility.
The property is well-suited to a range of uses including office, retail, or showroom, and benefits from strong surrounding residential and commercial activity.
Key features:
> Functional 297sqm open-plan layout allowing flexible fit-out options.
> Street-facing position with excellent signage exposure.
> Easy access to major arterial roads including the Pacific Motorway.
> Suitable for retail, office, or service-based businesses.
> Located in a well-established commercial and industrial area.
> Strong local customer base supported by nearby residential catchments.
> Approximately 20-25 minutes to Brisbane, Queensland, Australia CBD.
Ideal for small to medium businesses looking to establish or expand in a growing southern Brisbane corridor.
For further details or to arrange an inspection please contact REX Commercial.
Disclaimer: REX Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary.
Property History for 1 Parramatta Rd, Underwood, QLD 4119
- 11 May 2026Listed for Rent $6,560 + OUTS + GST PER MONTH
- 31 Mar 2023Listed for Sale All Offers To Be Submitted. Enquire Today.
- 14 Mar 2022Listed for Rent - Price not available
Recent sales nearby
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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 3,396 properties. Over the last 5 years, Houses in Underwood have seen a 109.67% increase in median value, while Units have seen a 108.97% increase. As at 31 May 2026:
- The median value for Houses in Underwood is $1,426,496 while the median value for Units is $839,385.
- Houses have a median rent of $750 while Units have a median rent of $590.
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