3109/2996 Logan RoadUnderwood QLD 4119
Property Details for 3109/2996 Logan Rd, Underwood
Last Listing description (January 2025)
Total area 110m
New 5-year lease commenced July 2023 with 2 x 5-year options
Current net income $34,116.18 PA Net + GST + Outgoings
Outgoings paid by tenant including Property Management fees.
Outgoings - $12,970.88 PA (Rates and Body Corporate)
Generous entry showroom / reception area
Ground floor office / retail space
Large open plan office area with multiple data and power points
Rear roller access for storage
Onsite caf
Male & Female amenities
Ample on-site parking including basement car parking
Just minutes from major arterial roads
Walking distance to Bus Terminal and major shopping centres
Underwood is located within the Brisbane Region approximately 20 kilometres Southeast of the CBD. Underwood is within close proximity of the M1 and Logan Motorway. Major roads such as Logan Road, Kingston Road and Compton Road encompass the Underwood business centre, which is a mixed-use urban development area incorporating the Underwood/Slacks Creek industrial estate as well as retail, commercial and office establishments.
Property History for 3109/2996 Logan Rd, Underwood, QLD 4119
- 25 Nov 2024Sold for $605,000
- 02 May 2024Listed for Sale $625,000 (Going Concern)
- 23 Oct 2015Sold for $526,516
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 3,392 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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