2934 Logan RoadUnderwood QLD 4119
Property Details for 2934 Logan Rd, Underwood
Last Listing description (May 2022)
Chase Commercial is proud to present this secure, highly tax effective investment property to the market for sale. Boasting exposure to thousands of cars per day with direct street frontage to the highly sought after Logan Road retail precinct, your search for security and peace of mind is over.
Key features include:
- Net Annual Rental $130,000 + outgoings + GST
- Underpinned by a secure 3 month bond/BG + Director & personal guarantees
- Highly exposed property in close proximity to major national companies
- Close neighbours include Aldi, Big W, Mcdonalds, Woolworths and Bunnings
- Great building depreciation/tax benefits as well as newly installed A/C & solar
- Recently constructed (2009) concrete tilt panel building with ability to strata title (STCA)
Rarely does such an amazing, blue chip opportunity come to the market. This property has everything the astute investor could ask for, with a great tenant, prime Logan Road location, security and circa $35,000 year 1 tax depreciation benefits, this property will not last long on the market. We invite you to contact Chase Commercial's leading sales & leasing specialist, Tom Hartman for a copy of the information memorandum or to arrange a private inspection.
Property History for 2934 Logan Rd, Underwood, QLD 4119
- 04 Mar 2022Sold for $2,600,000
- 25 Feb 2022Listed for Sale EOI Closing 8th of April 2022
- 07 Dec 2010Listed 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. 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:
- 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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