55 Kenway Drive, Underwood, QLD 4119

Industrial | Showrooms | Other

Sold $1,200,000

  • Property ID: 443484
  • Floor Area: 320m²
  • Land Area: 900m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 23/10/2024 320m2 900m2 $1,100,000
FREESTANDING TENANTED INVESTMENT

• Building area - 326m²
• Land area - 900m²
• Unit 1 - Building area 126m²
• Unit 2 - Building area 135m²
• Area 3 - 65m² (Currently vacant)
• Combined income - $48,000 PA Gross
• Unit 1 lease expiry 09/25 with 1 year option
• Unit 2 lease expiry 11/24 with no option
• Area 3 - Potential to be leased for $15,000 PA Gross + GST
• Office with air-conditioning
• 3 Phase power
• Amenities on-site
• Some hardstand
• Onsite parking
• Fully secure site
• Double gates and fully fenced
• Light Industry Zoning
• Just minutes From M1/ Gateway and major connecting roads

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.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers/lessees should make their own enquiries to verify the information.

Underwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4676 $392 8.39%
Industrial $3375 $234 6.94%
Retail $5682 $328 5.78%
This is the average advertised price, rent and yield for Underwood, QLD 4119*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in QLD for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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