Situated in one of the most prestigious locations in Underwood rests this flat, cleared and ready to build on block of real estate gold. This is the perfect space to build all your dreams. The large home is just the start. The perfect outdoor area for the kids with a pool and tennis court. The perfect media room that you have always dreamed of. With a DA approval for 2 blocks you can subdivide it and share the lot with a close family member or friend. You can sell the second block off to fund your build costs. You can subdivide into a further 4 blocks (subject to council approval) and have all your investments close by. It is the perfect blank canvas.
To submit your tender visit www.3inverness.xyz and click on the "make an offer" button
Click Here To View the Video
You have 3 fantastic options for this one
1) DA Approved for 2 blocks: please see image above
2) Build your dream home and use up the full 2517m2
3) Potential 4 block subdivision (subject to council approval)
This once in a lifetime opportunity is ready to be sold
Tender Closing 15th August 2022 at 5PM (Monday)
Here's what Underwood residents have to say about the area
"One of the nicer parts of Logan. Very safe with a great multicultural vibe. Housing is good value for money and would be a great place for a young family to build their first home. "
"getting to the city
- off peak 15 minutes
- peak hour 30-50 minutes
Getting to the Gold Coast
- off peak 45 minutes
- peak hour 1hr 10 minutes
Well maintained
Beautiful parks and recreational areas
Close to excellent schools
Close to a huge selection of shops
Close to Bunnings
Close to trains and buses
Excellent homes
Quiet neighbourhood
Live among professionals and business owners"
"I bought in underwood 10 years ago and it has changed into an amazing place to live with lots of new development whist keeping the safe and private community feel and it is so handy to the city and main beach or gateway north and west.... just awesome"
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 3,394 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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