Underwood

Project Description

The property is located in the residential suburb of Underwood, approximately 18 kilometres south east of the Brisbane central business district. The nearby suburbs of Woodridge, Slacks Creek, Springwood and Rochedale South have been developed, with substantial retail/commercial development along the major arterial roads. On the Brisbane side of Underwood large areas of Kuraby, Eight Mile Plains and Rochedale are still being developed with residential subdivision well underway. The site has flexible zoning allowing for a range of uses including large format retail, retirement/aged-care, short-term accommodation, multi-unit residential, medical and leisure.

Land area

29,320 m²

The total GLA/retail area

12,245 m²

Lease Commencement Date

12/10/1998

Total Property Cost

$9,458,884

Current valuation

$16,400,000

Annual Rent

$1,644,886

Project Location

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