For Sale

3 Penrose Close, Underwood, Qld 4119

FOR SALE

Residential Land

Type

434 m²

Area

Published on Tuesday, July 28, 2026 ( See property details for 3 Penrose Close, Underwood, Qld 4119)

FOR SALE

Zishaan Omar DIRECTOR

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Harsh Bhasin SALES & MARKETING EXECUTIVE

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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.

A rare, elevated 434sqm corner block in Underwood offering the perfect blank canvas to build your dream home in a prestigious, well-connected location.

🏡 Property Highlights

Premium 434sqm corner allotment in a prestigious location
Elevated, flat, and highly usable block ideal for custom home design
Surrounded by quality residences in an established neighbourhood
Excellent connectivity to Brisbane CBD, Gold Coast, and surrounding suburbs
Close to Underwood's vibrant shopping precinct and local amenities
Rare opportunity to secure a highly sought-after parcel of land

✨ Key Features

Waterfront / Views
Open-Plan Living
Build in robes
Secure Parking
Outdoor Area
Close to Schools
Close to Parks
Close to Shopping
High energy efficiency
Elevator

Suburb and Property Insights of Underwood, QLD 4119

Underwood is a highly desirable suburb renowned for its convenient location, family-friendly amenities, and established community. It offers excellent connectivity to Brisbane CBD and the Gold Coast, with a vibrant shopping precinct, parks, and schools nearby. The area boasts a mix of quality homes and spacious land parcels, making it ideal for families and professionals seeking a premium lifestyle. Its peaceful environment combined with easy access to major roads ensures a perfect balance of tranquility and convenience.

Frequently Asked Questions

Can I build a custom home on this land, and are there any restrictions?

Yes, this flat, elevated allotment provides an ideal foundation for building a custom residence. You should consult with local council regulations and your architect to ensure compliance with zoning and building codes.

What are the nearby amenities and services accessible from this location?

The property is conveniently close to Underwood's shopping precinct, local dining options, schools, parks, and major arterial roads providing easy access to Brisbane CBD, the Gold Coast, and surrounding suburbs.

Are there any existing services or utilities connected to the land?

Details regarding existing utilities such as water, electricity, and sewerage connections should be confirmed with the local council or utility providers prior to purchase.

Is the land suitable for sustainable or energy-efficient home designs?

Yes, the flat and elevated nature of the block offers flexibility for incorporating energy-efficient features and sustainable building practices.

Are there any planning or development restrictions I should be aware of?

Potential buyers should review local planning schemes and zoning regulations to understand any restrictions or requirements for development on this land.

What to ask about this property to agent?

Are there any easements, covenants, or zoning restrictions affecting the land? Has the land been tested for soil stability or flood risk? Are there any planned developments or construction projects nearby that could impact privacy or views? What are the council rates and any additional costs associated with this land? Is the land title clear of any encumbrances or disputes? Are there any existing planning permits or approvals required before building? Has the land been surveyed recently, and are boundary markers accurate? Are there any restrictions on the type of dwelling or design due to local covenants? Is there any history of environmental issues or contamination on the site? What is the process for obtaining building approval and permits in this area?

3 Penrose Close, Underwood, Qld 4119 - More Details

FOR SALE

An exclusive opportunity awaits to secure a prestigious parcel of land in one of Underwood's most desirable enclaves. Positioned on a commanding 434sqm corner block, this exceptional elevated allotment offers the perfect canvas to bring your dream home vision to life.

Boasting a flat, highly usable layout with an enviable corner position, this rare landholding provides the ideal foundation for a statement residence designed around modern luxury, lifestyle, and timeless appeal.

Surrounded by quality homes and positioned in a tightly held location, this premium block offers both privacy and convenience, with seamless access to major arterial roads, Brisbane's CBD, and the Gold Coast.

Enjoy the effortless lifestyle of being moments from Underwood's thriving shopping precinct, local dining, schools, parks, and everyday amenities, while having the freedom to create a home that reflects your individual style and aspirations.

Opportunities to secure premium land of this calibre are seldom available - an exceptional offering for those seeking location, lifestyle, and the chance to create something truly remarkable.

- Premium 434sqm corner allotment
- Bring your architectural vision to life on this perfect blank canvas
- Elevated, flat and highly usable block offering the perfect foundation to design your dream residence
- Surrounded by quality residences in an established and prestigious location
- Convenient access to major arterial roads connecting Brisbane CBD, the Gold Coast and surrounding suburbs
- Ideally positioned just moments from Underwood's vibrant shopping precinct

Type: Residential Land
Area: 434 m²

Map & nearby places — 3 Penrose Close, Underwood, Qld 4119

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Email Enquiry To Ray White - ROCHEDALE

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Zishaan Omar

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Harsh Bhasin

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3 Penrose Close, Underwood, Qld 4119

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