SoldDec 5, 2025

23 Caloma Street, Underwood, QLD, 4119

$1,600,000

3
2
6

House

30+ days on the market

Sold: Dec 5, 2025

What's around 23 Caloma Street

Suburb Record for a 3-Bedroom House - Sold by Mani Ghai & Team at Belle Property Rochedale | 0422 686 427

Positioned in one of the area's most desirable and well-connected locations, this expansive 1,376sqm property presents an outstanding opportunity for developers, investors, homebuyers, or those looking to land bank for the future. Zoned for Low to Medium Density Residential use (STCA), it offers excellent potential for a boutique townhouse or unit development, while also appealing to those seeking a spacious family home and renovation upside. Whether you're planning an immediate project or securing a prime site for long-term growth, this property delivers exceptional value and flexibility in a high-demand area. This classic tri-level brick residence stands proud on a wide street, surrounded by quality homes and established gardens. The home is ready to enjoy as is, yet also invites updates or transformation to suit your vision. Inside, the upper level features a generous open-plan lounge and dining area with polished timber floors and a leafy outlook. The functional kitchen offers ample bench space and cabinetry, with easy access to the covered rear deck – a perfect space for relaxed outdoor living. Three large bedrooms with built-in wardrobes are serviced by a family bathroom with separate shower, bathtub, and toilet. Downstairs, a flexible lower level includes three multipurpose rooms (two with built-ins), ideal for extended family, home office or dual-living arrangement. A second bathroom, separate toilet, and large laundry complete the space. The huge backyard is private, level, and fully fenced, with mature landscaping and a large storage shed – offering plenty of space for kids, pets, or development (STCA). Key features: * Zoning for Low–Medium Density Residential Development: Ideal for developers seeking to build townhouses, duplexes, or multi-unit dwellings (subject to council approval), this zoning supports increased residential density in a well-connected area. * Perfect for Boutique Development or Land-Banking: Whether you're looking to capitalise immediately on development potential or secure a prime parcel of land for future appreciation, this property caters to a wide range of investment strategies. * Classic Tri-Level Brick Home with Renovation Potential: The existing dwelling offers generous proportions across all levels, providing a solid base for renovation or redesign to suit modern living. * Spacious Covered Rear Deck and Expansive Backyard: Enjoy year-round entertaining on the covered deck overlooking a large, level backyard-ideal for families, pets, or future development access. * Ample Storage and Ceiling Fans Throughout: Functional features like built-in storage spaces and ceiling fans enhance everyday comfort and liveability. * Excellent Street Frontage in a Premium Location: Boasting a wide and appealing frontage, the property offers strong street presence in a highly desirable suburb, enhancing both development potential and future resale value. Prime Location: * Minutes to Underwood Marketplace Shopping Centre * Close to quality local schools and early learning centres * Less than 25 minutes to Brisbane CBD and under 10 minutes to Westfield Garden City * Quick access to the M1 and M3 for effortless travel to Brisbane, the Gold Coast, and beyond-plus public transport * Just steps away with nearby bus stops and new bus way station for added convenience Enjoy the convenience of being just minutes to the Pacific and Gateway Motorways, offering seamless access to Brisbane CBD, Gold Coast, and Brisbane Airport. Underwood Marketplace, local cafes, parks, and public transport are all nearby. School catchments include Eight Mile Plains State School and Rochedale State High School, with top-tier private options such as Redeemer Lutheran College also within easy reach. Rarely do properties of this size and zoning become available in such a prime setting. Whether you're looking to develop, renovate, or simply secure a blue-chip piece of real estate, this is the one. DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own counsel and financial inquiries to verify any information contained herein. This property is being sold without a price; therefore, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. The furniture and décor seen in the images may be virtual representations, intended to provide a visual example of the property's possibilities. Actual conditions may vary.

Looking for more information on 23 Caloma Street?

Explore comparables, sales history and growth for this property.
Learn more

Seller's review

5 months ago

The top agent in the area

We had an outstanding experience working with this agent. From the very beginning, he is professional, responsive, and extremely knowledgeable about the local market. Communication was always clear and timely, and we felt supported and confident throughout the entire process. Their attention to detail, negotiation skills, and genuine care for our needs truly set them apart. Everything was handled smoothly and efficiently, with no unnecessary stress. Without a doubt, the best agent in town. We would happily recommend them to anyone looking for a reliable and top-quality agent.

E
Eric
Seller

Similar properties sold nearby

SoldApr 26, 2026
Price not available
6 Ketter Place
Underwood QLD 4119
3
2
2
House
SoldApr 13, 2026
$1,302,000
4 Eleanor Ave
Underwood QLD 4119
3
1
2
House
SoldMar 29, 2026
$1,275,000
62 Brookvale Dr
Underwood QLD 4119
3
1
4
House

Other properties sold by Belle Property Rochedale

SoldMay 10, 2026
$1,100,000
42 Ancona Street
Rochedale South QLD 4123
3
1
2
House
SoldMay 7, 2026
$1,270,000
3 Glencoe Court
Underwood QLD 4119
4
2
2
House
SoldMay 6, 2026
$1,350,000
15 Pandeen Rd
Rochedale South QLD 4123
4
2
2
House

Browse properties sold in nearby areas

Email
© 2026 RateMyAgent