26 Lever StreetAlbion QLD 4010
Property Details for 26 Lever St, Albion
26 Lever St, Albion is a 6 bedroom, 4 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 890m2 and floor size of 423m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (August 2022)
Situated on 2 lots, this 890sqm (with previous DA approval) block presents both great residential and income potential. Boasting multiple street frontages and views of the city, the value of the site lies within the multiple opportunities to capitalise on a prime Albion position. The current home is a traditional Victorian style home, complete with pressed metal ceilings, VJ walls (and in some rooms ceilings), bay style windows, and completely original cornices - memories of a bi-gone era.
Option 1 - Explore the previous approved plans and current development potential on one block, and move/relocate the Victorian style home to be positioned on the 2nd Lot, giving the option for renovation.
Option 2 - Keep the property as it stands, and land bank for the future
Option 3 - Transform the existing residence, into an ultimate family home.
Option 4 - Reconfigure the lots/block and move the existing Victorian residence onto one block and build another family home on the other.
This prospective development opportunity is located within walking distance of the Collingwood Street precinct and both train and bus stations, whilst also occupying a convenient position only 5kms from the CBD.
- City views from an elevated position
- Multiple street frontages
- Surrounded by million dollar homes
- Albion train station is only 3 stops via train to Brisbane CBD
- Only 5km from Brisbane
- Walk to Albion Restaurant and dining/cafe precinct
Property History for 26 Lever St, Albion, QLD 4010
- 15 Sep 2022Sold for $1,350,000
- 12 Jul 2022Listed for Rent - Price not available
- 25 May 2022Listed for Sale Under Contract
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0About 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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