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
Contact Agent
* Approximately
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