54 Smallwood Street,
Underwood, QLD 4119

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

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Map of 54 Smallwood Street

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7% NET RETURN - INDUSTRIAL INVESTMENT

- 637 SQM* on 1047 SQM* block
- 3 Unit complex all fully leased
- Returning $80,488 plus GST per annum including outgoings
- Outgoings approx. $ 17,500 per annum (Net rent approx. $ 62,988 plus GST P/A)
- Leases commencing from Feb 2020 for 3 year periods
- Suspended ceilings and food grade floors in all units
- Cold Room, double sink in Unit 3, commercial grade kitchen approved
- Grease trap servicing unit 2 & 3
- Brand new roof over whole building
- New fence and gates installed

For more information or to arrange an inspection, contact the Exclusive Agent, Brian Manne.

*Approximate **If Applicable

Underwood, 4119 demographic data

The median household income for Underwood is $1,992, 8% higher than Greater Brisbane's household income of $1,849. Underwood has a younger age profile compared to the rest of Greater Brisbane (median age 34 vs 36). Property ownership data shows 67% of property owners in Underwood have a mortgage.

6,809

Population

$1,992 per week

Median household income

34 years

Median age

Owners

Most residents

Families

Most households