3110, 2994 Logan Rd, Underwood, QLD 4119

Offices | Retail | Showrooms

Sold $680,000

  • Property ID: 438260
  • Floor Area: 135m²
  • Land Area: 135m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 07/02/2024 135m2 135m2 $645,000
TENANTED INVESTMENT IN CORPORATE OFFICE PARK - GROUND FLOOR OFFICE!

• Total area 135sqm
• Ground floor office with easy access carparking at front door
• Exclusive lift from underground carparks to office level
• Meeting room next to reception & kitchen next to boardroom
• Glass throughout, fit-out with 3.6 metre high clearance ceiling
• High 3.6m ceilings
• Close to shops, Springwood Bus Interchange & very easy access to new M1 on ramp
• 3-year lease in place
• Net Lease income $41,200 per annum starting from Jan 2024.
• Tenant pays outgoings (Rates & Body Corp)
• Fixed 3% annual increases
• High quality office with fit-out
• Fully air-conditioned throughtout
• 3 Secure basement car parks
• Ample on-site shared parking
• Signage opportunities
• On-site Café, short walk from Bus Terminal
• Easy access to M1 Motorway

Location
Underwood is located approximately 20kms southeast 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 Motorway, 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 $292 5.14%
Offices $4042 $366 9.05%
Industrial $3799 $178 4.70%
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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