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Lot 7 – Penrose Place Estate – Underwood

  • $1,461,352
SMSF Friendly
Underwood, City of Logan, QLD, 4119
SMSF Friendly
Underwood, City of Logan, QLD, 4119
  • $1,461,352

Overview

Property ID: LA-669541
  • House and Land
  • Property Type
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Parking
  • 282.55
  • m²

Details

Updated on September 19, 2024 at 8:44 pm
  • Property Type: House and Land
  • Price: $1,461,352
  • Land Price: $900,000
  • Build Price: $561,352
  • Gross Per Week: $1,200
  • Gross Per Annum: $45,760
  • Gross Yield: 4.27%
  • SMSF Deposit: $511,473
  • Capital Growth 12 Months: 1.75%
  • Capital Growth 10 Year Annualised: 6.46%
  • Vacancy Rate: 1.69%
  • Property Size: 282.55 m²
  • Land Area: 502 m²
  • Bedrooms: 5
  • Bathrooms: 3
  • Parking: 2
  • Title Status: August 2024
  • Floor Plan: The Marley
  • Investor Type: -
  • Property ID: LA-669541
  • SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Underwood is a suburb located in the Logan City area, approximately 18 kilometers southeast of Brisbane, Queensland, Australia.

Underwood Marketplace is a major shopping center in the area, offering a range of retail stores, supermarkets, and dining options.Underwood Park is a significant recreational area featuring sports facilities, playgrounds, picnic areas, and walking tracks.The suburb has several educational institutions, including primary schools and early learning centers. Nearby suburbs offer additional schooling options.

The suburb is serviced by multiple bus routes connecting to surrounding areas and Brisbane city.Easy access to major highways such as the Pacific Motorway (M1) and Logan Motorway, facilitating convenient travel to Brisbane and the Gold Coast.The suburb offers various dining options, including local cafes and multicultural cuisine reflecting the community's diversity.

Underwood's blend of residential, commercial, and recreational amenities makes it a well-rounded suburb suitable for families, professionals, and retirees. The proximity to Brisbane and access to major transport routes also add to its appeal.

 

 

Address

Open on Google Maps
  • Address City of Logan, Underwood, QLD, 4119
  • City City of Logan
  • State QLD
  • Postcode 4119
  • Suburb Underwood

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

 

Latitude Property has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

 

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

 

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

 

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

 

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

SMSF Friendly

This property can be converted to a single contract suitable for an SMSF at a cost.

SMSF Single Contract

This property is a single-contract property suitable for an SMSF.

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