100 Mclennan StreetAlbion QLD 4010
Property Details for 100 Mclennan St, Albion
100 Mclennan St, Albion is a 10 bedroom, 4 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 249m2 and floor size of 59m2.
Last Listing description (November 2021)
Brimming with possibility, this traditional Queenslander with dual frontage to McLennan and Florrie Street has been converted into four residential flats.
An ideal investment boasting solid returns, the residence features 10 bedrooms, 4 bathrooms and 4 car spaces, making this an ideal purchase for your self-managed super or a spectacular development opportunity.
Positioned on 607sqm currently across two titles, BA and DA approvals are in place to construct two brand new four-bedroom townhouses at the rear of the property with access via Florrie street. At the front of the property is the opportunity to construct the existing Queenslander which also has approval to have its own title. So in all, 3 properties will be on three separate titles. Please refer to the renders provided for reference.
Within walking distance to the upcoming Albion Exchange, this $750 million development will be home to a vibrant 4-hectare community hub featuring spectacular new restaurants, 8,000sqm of retail space, 6,000sqm+ of activated outdoor space, and health and well-being facilities. With further developments and updated transport planned for the suburb, residents will enjoy a sensational lifestyle in a burgeoning precinct.
The options are endless, transform the current residence back into a grand house or renovate the current flats, this site is ready to transform.
Features include:
* Converted Queenslander on 607sqm across two titles
* 4 flats with 10 bedrooms, 4 bathrooms and 4 car spaces
* Dual street frontage to McLennan Street and Florrie Street
* Great investment or development opportunity
* BA and DA approval for two brand new 4 bedroom, 2 bathroom, 2 car homes on the rear of the block with access via Florrie Street
* Renovate the current flats or transform back into a grand home
* Elevated position with beautiful city views from the road
Boasting a premier position, this site is only 500m from Market Central Lutwyche and boasts access to the area's best shops, supermarkets, cafes, gyms and specialty stores. Serviced by buses and 800m to Wooloowin and Albion train stations, this family-friendly precinct is close to great schools, including Wooloowin State School, Holy Cross Catholic Primary School and St Mary of The Cross.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Property History for 100 Mclennan St, Albion, QLD 4010
- 13 Oct 2021Listed for Sale For Sale
- 20 Apr 2020Listed for Rent - Price not available
- 15 Nov 2018Listed for Sale Auction
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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 2,437 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.
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