1/89 Albion Rd, Albion is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 107m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Located in the heart of Albion, you'll find this fabulous well maintained investment with a quality long term tenant in place. Lease expires this August 2023.
Enjoy your morning "cuppa" or evening "sip" on your wrap around balcony & watch the world go by.
Set well back from the road, your view in enhanced by the treed outlook.
Complex data:
- Built around 1987
- Small complex of 6 units
- Excellent long term tenant with lease until August 2023
- Current rent $370 PW - Future projected rent $415 PW
- Tenant pays all utilities
- Body Corp: $936 1/4
- Rates: $ 425 PQ approx..
- Located only 4.5kms from Brisbane's CBD
Realistic vendors will consider all interest as need it sold ASAP
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 2,438 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:
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