51 Kingston RoadUnderwood QLD 4119
Property Details for 51 Kingston Rd, Underwood
Last Listing description (August 2021)
The property comprises a functional vacant modern former "Bunnings Warehouse" building with an enclosed area of 7,382sqm* plus a drive-through partially enclosed annex of 2,023sqm*, with onsite car parking for 320* vehicles.
Key highlights include:
Value - add Opportunity - Occupiers, Developers, Retailers or Logistics users
9,492 sq m* functional building with full ESFR sprinkler system, and a 32%* site cover
Prominent high profile site of 29,320sq m* with a 198m* frontage to Kingston Road (State Route 95) only 19km* South of Brisbane CBD
Flexible zoning allowing for a wide range of uses including large format retailing, showroom, low impact industry, service industry, warehousing, outdoor sales, automotive, self storage, medical, short stay accommodation and last mile logistics
Strong embedded real estate value
2 mins* to M1 Motorway allowing linkage to all major arterials
Large trade area totalling 296,312* people, projected to increase to 310,452* by 2026
Adjacent to major traffic generators including Woolworths, Aldi and Big W
*Approx.
For Sale by Private Negotiation
Property History for 51 Kingston Rd, Underwood, QLD 4119
- 11 Nov 2020Sold for $17,600,000
- 03 Mar 2020Listed for Sale For Sale by Private Negotiation
- 08 Oct 2018Listed 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 3,388 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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