4/3 Fermont RoadUnderwood QLD 4119
Property Details for 4/3 Fermont Rd, Underwood
Last Listing description (September 2024)
Located in the thriving commercial suburb of Underwood, just off the M1 and 20 minutes from Brisbane CBD, is a bite sized commercial investment opportunity:
Ground floor commercial suite
Partial fit out in place
Approx. 35m2
1 allocated space, plus huge visitor parking area
An opportunity such as this, within close proximity to one of Australia's biggest Capital cities is rare, and you'll need to act fast.
The current owner would also consider a new lease for the right applicant.
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Property History for 4/3 Fermont Rd, Underwood, QLD 4119
- 22 Jul 2024Listed for Sale $850pcm + Outgoings + GST or $145,000
- 19 Jul 2024Sold for $132,000
- 18 Aug 2023Listed for Rent $1,000 / month
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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 3,388 properties. Over the last 5 years, Houses in Underwood have seen a 110.59% increase in median value, while Units have seen a 106.00% increase. As at 31 March 2026:
- The median value for Houses in Underwood is $1,387,464 while the median value for Units is $818,094.
- Houses have a median rent of $735 while Units have a median rent of $590.
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