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

  • 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

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.

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.
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

Type
Residential Land
Area
434 m²

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