FOR SALE
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32 Collingwood Street
Albion QLD 4010

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 411m2
Land area: 405m2
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Fully Leased Investment Adjoining 2032 Olympic Precinct

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%
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Property Details for 32 Collingwood St, Albion

Building Type
Commercial
Floor Size
411m2
Land Size
405m2

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About Albion 4010

The size of Albion is approximately 1.4 square kilometres. It has 6 parks covering nearly 22.1% of total area. The population of Albion in 2011 was 1,986 people. By 2016 the population was 2,290 showing a population growth of 15.3% in the area during that time. The predominant age group in Albion is 20-29 years. Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation. In 2011, 47.4% of the homes in Albion were owner-occupied compared with 37.5% in 2016.

Albion has 2,439 properties. Over the last 5 years, Houses in Albion have seen a 53.15% increase in median value, while Units have seen a 69.78% increase. As at 31 October 2024:

  • The median value for Houses in Albion is $1,277,626 while the median value for Units is $690,026.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 18 properties listed for sale, and 13 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Albion.

Suburb Insights for Albion 4010

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Mark Montague
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Tom Barr
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RWC Bayside
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.