32 Collingwood Street Albion QLD 4010

RWC Bayside, in conjunction with RWC Queensland, are pleased to present 32 Collingwood Street, Albion to market For Sale by Expressions of Interest.

This fully leased 411sqm* freehold property sits on a 405sqm* site, perfectly positioned in the recently announced 'Breakfast Creek Sporting Precinct' which is set to become a key facility for the 2032 Olympic Games and a hub for staging on-going local, national and international sports events.

Just 3km* from the Brisbane CBD, 32 Collingwood Street, Albion represents an outstanding opportunity for investors to purchase a completely refurbished and fully leased freehold commercial property in one of Brisbane's most rapidly gentrifying precincts.

Features include:
- Building Area : 411sqm* NLA over two levels
- Land Area : 405sqm*
- 8 on-site car parks
- Fully leased to leading fashion label 'Apero'
- 7 year lease (expiring 30 April 2029)
- Nett Passing Income - $133,900* PA with fixed annual increases of 3%
- Triple nett lease structure (tenant responsible for all outgoings costs, including land tax)
- LII zoning - Low Impact Industry
- Ideally located across the road from Albion's premier dining precinct 'Craft'd Grounds' which is home to some of Brisbane's best artisan food and drink establishments including Herve's, Collingwood Black Espresso + Bar, Brewtide Brewery, Milton Rum Distillery, Doughcraft Bakery, Seven Miles Coffee Roasters and more
- 650m* from Albion Fine Trades
- Highly connected location with easy access to tunnels and arterial roads in all directions, and just a short walk to the Albion Train Station
- Huge potential for future development and capital growth in a booming precinct

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