Space, Income & Unlimited Potential in the Heart of Underwood
Abz Odeh from Bloom Commercial is proud to present an outstanding opportunity to secure a substantial family home with immediate rental income and exciting future potential in one of Underwood’s most convenient locations.
Set on a generous 582m² Low Density Residential allotment, this versatile five-bedroom residence offers the perfect balance of comfortable living, investment security and scope to add value. Whether you’re a growing family searching for extra space or an investor looking for a property with strong rental appeal and renovation upside, this home presents an opportunity that’s becoming increasingly difficult to find.
The upper level has already undergone a partial renovation, showcasing fresh paint, modern LED lighting, stylish vinyl plank flooring and air-conditioned open-plan living. Three spacious bedrooms provide comfortable accommodation, while the updated interiors leave plenty of opportunity for the next owner to continue enhancing the home and unlock its full potential.
Downstairs offers exceptional flexibility with two additional bedrooms and a large multipurpose room that can easily function as a second living area, home office, teenage retreat, guest accommodation or space for extended family. This practical layout caters to a wide variety of lifestyles while adding to the property’s long-term investment appeal.
Step outside to a large fully fenced backyard, where there’s ample room for children and pets to play, weekend barbecues with family and friends, or future landscaping projects. Additional features include a storage room, garden shed and rainwater tank, adding practicality to everyday living.
Vehicle accommodation is well catered for with secure parking for up to four vehicles and the convenience of drive-through access.
Location is everything, and this property delivers. Positioned within easy reach of quality schools, shopping centres, public transport, parks and major motorway connections to both Brisbane CBD and the Gold Coast, everyday convenience is right at your doorstep.
Currently returning rental income while offering clear opportunities for further improvement, this is a property that delivers today while providing exciting possibilities for tomorrow. Move in and continue to make it your own, lease it out and enjoy the returns, or renovate further to maximise its future value (STCA).
Property Features
• 582m² Low Density Residential allotment
• Five generous bedrooms
• Two bathrooms
• Partially renovated upper level
• Fresh paint, LED lighting and vinyl plank flooring upstairs
• Air-conditioned open-plan living and dining
• Large downstairs multipurpose room
• Fully fenced backyard
• Storage room, garden shed and rainwater tank
• Parking for up to four vehicles with drive-through access
• Currently tenanted, providing immediate rental income
• Excellent potential to further renovate and add value (STCA)
• Close to schools, shopping centres, public transport and major motorway access
Properties offering this combination of space, income and future potential in such a tightly held location are rarely available. Contact Abz Odeh from Bloom Commercial on 0449 747 675 today to arrange your inspection.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
