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15 Bernice Avenue
Underwood, QLD 4119
For Sale
Overview
15 Bernice Avenue Underwood QLD 4119
This prime site at 15 Bernice Avenue, Underwood, offers a unique development opportunity with DA approval in place for 22 boutique apartments. The site is ready for immediate construction or can be held as a strategic investment in one of South East Queensland's fastest growing corridors.
The development plan includes a mix of 9 four-bedroom apartments, 6 three-bedroom apartments, and 7 two-bedroom apartments, all featuring underground parking. This presents a rare chance for developers and investors to capitalize on the strong rental demand and ongoing infrastructure growth in the Underwood area.
Underwood is a thriving suburb with excellent connectivity and amenities. It is located within the Greater Springwood Masterplan, one of Australia's most significant growth corridors, providing easy access to Brisbane CBD in 19 minutes, major transport hubs within walking distance, and proximity to key shopping centers such as Logan Hyperdome and Westfield Shopping Centre.
The area benefits from strong development activity, including multiple new residential projects like townhouses and apartment complexes, supported by government investment in infrastructure and social housing. Zoned for Medium Density Residential, the site allows for multi-unit developments, making it attractive for investors seeking rental yield and capital growth.
Market trends show high demand for development sites in the area, with competitive sales prices and a robust rental market driven by demand for modern apartments and townhouses. The location also offers access to quality education institutions, healthcare facilities including Logan Hospital, and various recreational amenities, enhancing the lifestyle for future residents.
Key features of the location include seamless transport connectivity via the Pacific and Gateway Motorways, proximity to Griffith University, and convenient access to Brisbane Airport. The suburb is family-friendly with nearby independent and public schools, parks, and shopping centers.
This property represents an exceptional opportunity to secure a strategic development site in a rapidly growing region with strong investment potential. Whether you are a developer ready to build or an investor looking to land bank, 15 Bernice Avenue offers flexibility and growth prospects in a sought-after location.
Location
Underwood QLD 4119
Market Insights for Underwood QLD 4119
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