38-40 Kingston Road, Underwood, QLD 4119

Retail

Sold $2,000,000

  • Property ID: 384018
  • Floor Area: 640m²
  • Land Area: 1232m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 640m2 1232m2 N/A
Free Standing High Exposure Showroom/Shops

* Currently used as 2 showrooms 320sqm each
* Freehold shops potential for 4 Shops of 160sqm each
* High exposure on the corner of major 4 way traffic lights
* Two street frontage to Kingston Road and Ferguson Street
* 10 on-site parking spaces
* Roller shutter entrance from Ferguson Street
* Private Signage Pylon
* Male and Female Amenities
* Full Pacific Motorway junction 2 minutes’ drive
* Surrounded by busy businesses and shopping centres such as Underwood Marketplace, Big Gun Butcher, Big W Woolworths, McDonalds
* Owners have given clear instructions to sell

PRICE SALE: $1,900,000 + GST (if applicable)
AVAILABLE SPACE: 640 sqm
LAND AREA: 1,232 sqm

Location
Underwood is located approximately 20kms south east of the Brisbane CBD in the Brisbane-Gold Coast corridor. This area boasts an extensive and diverse mix of commercial, industrial and retail property, as well as a considerable established residential community. The greater Springwood/Underwood region has strong surrounding population growth with a varied demographic of residents and workforce. The area is well serviced by the Pacific Motorways, which provide links to both the north and south as well as easy access to the Logan and Gateway Motorways.

Underwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5682 $314 5.52%
Offices $4042 $396 9.79%
Industrial $3000 $182 6.08%
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 Retail 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:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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