62 Kingston RoadUnderwood QLD 4119
Property Details for 62 Kingston Rd, Underwood
Last Listing description (June 2022)
Ray White Industrial Southwest, as exclusive agents are pleased to present 62-64 Kingston Road, Underwood to sale via expressions of interest. This main road holding is located in the tightly held underwood precinct with the asset having a large holding income as well as over 1000m2 of building area. The site has over 70 metres of main road frontage to Kingston Road allowing for excellent exposure and future development within the tightly held local market.
STAGGERED LEASE TERMS ALLOWING FOR OWNER-OCCUPIERS OR DEVELOPERS
Features Include:
- Flexible mixed use zoning
- Building Area: 1050 sqm
- Regular shaped 5113 sqm land parcel.
- Warehouses divided into multiple tenancies
- Over 70 metres of frontage of Kingston Road
- Ability to subdivide STCA
- Quick and easy access to all nearby major arterial roads
The asset at 62-64 Kingston Road is being offered for sale via expressions of interest closing 11th of March 2022. Please make contact if you require any further information on the asset or if you would like to arrange an inspection.
Property History for 62 Kingston Rd, Underwood, QLD 4119
- 23 Apr 2026Sold for $140,000,000
- 23 Jul 2024Sold for $6,600,000
- 06 Apr 2022Sold for $4,000,000
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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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