18 Farzana Pl, Underwood is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 2046m2. While the property is not currently for sale or for rent, it was last sold in May 2009.
Unlock the full potential of this exceptional development-ready property at 18 Farzana Place, Underwood. Offering two expansive lots under a single title, this DA-approved site presents a rare opportunity for investors and developers to secure a foothold in one of South-East Queensland's most desirable and high-growth corridors.
Property Highlights:
Two Lots, One Title:
Lot 2: Approx. 772m
Each with separate access, offering flexible options for dual development, house and land packages, or future subdivision (STCA).
Development Approval in Place:
Save time and money with fully approved plans, including detailed infrastructure design for sewer, water, and stormwater-allowing for a streamlined construction commencement.
Strategic Location:
Situated in a quiet, family-friendly street just minutes to the M1, Gateway Motorway, and major employment hubs. Underwood's continued growth and strong community infrastructure make it a compelling choice for both developers and end buyers.
Close to Key Amenities:
Surrounded by highly regarded schools including Kuraby Special School and Springwood State High, and moments from Underwood Marketplace, Logan Road shopping, and dining precincts.
Lifestyle & Recreation:
Enjoy proximity to Underwood Park, Springwood Conservation Park, and local cafes and community centres-ideal for families and outdoor enthusiasts alike.
Don't miss this rare opportunity to secure a ready-to-build, dual-lot development site in one of Brisbane's most accessible and rapidly evolving suburbs.
Disclaimer: All information is provided as a guide only and should not be relied upon without independent verification. Buyers are advised to conduct their own due diligence. The selling agent makes no representations or warranties regarding the accuracy of this information.
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 3,395 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:
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