Lot #7
Penrose Place Estate House and Land
Starting From
$1,301,176
Overview
$1,301,176
–
$1,461,352
2
Garage
2
Bathrooms
4
Bedrooms
3
Available Lots
4119
Postcode
Underwood is a suburb located in the Logan City area, approximately 18 kilometers southeast of Brisbane, Queensland, Australia.
Underwood Marketplace is a major shopping center in the area, offering a range of retail stores, supermarkets, and dining options.Underwood Park is a significant recreational area featuring sports facilities, playgrounds, picnic areas, and walking tracks.The suburb has several educational institutions, including primary schools and early learning centers. Nearby suburbs offer additional schooling options.
The suburb is serviced by multiple bus routes connecting to surrounding areas and Brisbane city.Easy access to major highways such as the Pacific Motorway (M1) and Logan Motorway, facilitating convenient travel to Brisbane and the Gold Coast.The suburb offers various dining options, including local cafes and multicultural cuisine reflecting the community’s diversity.
Underwood’s blend of residential, commercial, and recreational amenities makes it a well-rounded suburb suitable for families, professionals, and retirees. The proximity to Brisbane and access to major transport routes also add to its appeal.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.