3109, 2994-2996 Logan Road, Underwood, QLD 4119

Offices | Retail | Showrooms

For Sale $625,000 (Going Concern)

  • Property ID: 431040
  • Floor Area: 110m²
  • Land Area: 110m²
  • Occupancy: Tenanted
TENANTED INVESTMENT IN CORPORATE OFFICE PARK

• Total area 110m2
• New 5-year lease commenced July 2023 with 2 x 5-year options
• Current net income $33,000 PA Net + GST + Outgoings
• CPI annual increases
• Outgoings paid by tenant including Property Management fees.
• Outgoings - $12,970.88 PA (Rates and Body Corporate)
• Ground floor office / retail space
• Generous entry showroom / reception area
• Large open plan office area with multiple data and power points
• Rear roller access for storage
• Onsite café
• Ample on-site parking including basement car parking
• Male & Female amenities
• Just minutes from major arterial roads
• Walking distance to Bus Terminal and major shopping centres

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.

Underwood Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5682 $338 5.95%
Offices $4358 $383 8.79%
Industrial $3375 $227 6.74%
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 Offices 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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