18 & 20 Eleanor Avenue, Underwood, Qld 4119

For Sale

18 & 20 Eleanor Avenue, Underwood, Qld 4119-Image

Belle Property Rochedale - ROCHEDALE SOUTH

House

Type

Bedrooms

Bathrooms

Parkings

1,614 m²

Area

Published on Monday, July 13, 2026 ( See property details for 18 & 20 Eleanor Avenue, Underwood, Qld 4119)

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Mani Ghai - Real Estate Agent - Belle Property Rochedale - ROCHEDALE SOUTH

Mani Ghai Client services manager

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Exceptional development opportunity in Underwood featuring two adjoining titles with existing income and strong growth potential.

🏡 Property Highlights

Rare opportunity to acquire two adjoining development sites in Underwood's growth corridor
Combined landholding of 1,614m² with excellent frontage and zoning potential
Existing income-generating properties with 7 bedrooms and 2 bathrooms
Strategic location close to major amenities, transport, and schools
Supported by Logan Planning Scheme for medium-density residential development (STCA)
Ideal for developers, investors, and land bankers seeking future growth

✨ Key Features

Built in robes
Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Pet-Friendly
Garage / Secure Parking
Outdoor Area / Balcony
Internal Laundry
Floorboards

Suburb and Property Insights of Underwood, QLD 4119

Underwood is a vibrant suburb renowned for its strong growth, excellent amenities, and strategic location. It offers easy access to major transport links, shopping centres, and quality schools. The area is ideal for families and investors seeking long-term capital appreciation. Surrounded by parks and recreational facilities, Underwood combines convenience with a welcoming community atmosphere. Its ongoing development makes it a prime choice for future-focused buyers.

Frequently Asked Questions

What are the future development possibilities for this property?

The property is zoned Medium Density Residential, allowing for potential townhouses, boutique residential developments, or other medium-density projects subject to council approval (STCA).

What is the current income potential from the existing homes?

Both dwellings are currently tenanted, providing immediate holding income while planning for future development.

Are there any restrictions or covenants on the land?

The land is zoned Medium Density Residential under the Logan Planning Scheme, with development potential subject to council approval. Specific restrictions should be verified with local council.

What are the nearby amenities and transport options?

The property is just 3 minutes from Underwood Marketplace, 14 minutes to Logan Hyperdome, 3 minutes to the M1 motorway, 8 minutes to Kuraby Train Station, approximately 20 minutes to Brisbane CBD, and around 35 minutes to the Gold Coast.

Is the property suitable for investment or future development?

Yes, the combined landholding and existing income make it an excellent option for investors and developers seeking long-term growth and development opportunities.

What to ask about this property to agent?

Are there any existing planning or development approvals in place for future projects? What are the potential costs associated with subdivision or development approval? Are there any easements, covenants, or zoning restrictions affecting the property? Is there any history of flooding or bushfire risk in this area? Are there any upcoming council or community plans that could impact the property or its development potential? What are the current lease terms and conditions for the tenants occupying the dwellings? Are there any hidden costs or maintenance issues with the existing homes? Is there any ongoing or planned infrastructure development nearby that could affect the property? Are there any strata or body corporate considerations, if applicable? What are the zoning regulations and height restrictions for future development on this site?

18 & 20 Eleanor Avenue, Underwood, Qld 4119 - More Details

Contact Agent

Type: House
Bedrooms: 7
Bathrooms: 2
Parkings: 4
Area: 1,614 m²

18 & 20 Eleanor Avenue, Underwood, Qld 4119 - Point Of Interest

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18 & 20 Eleanor Avenue, Underwood, Qld 4119

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