SOLD
Sold on 13 Mar 2024 for $2,100,000

327 Sandgate Road
Albion QLD 4010

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 352m2
Land area: 367m2
Sold By
REMAX CITY - BRISBANE CITY
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Property Details for 327 Sandgate Rd, Albion

Building Type
Commercial
Year Built
1928
Floor Size
352m2
Land Size
367m2
Local Government
Brisbane
Lot/Plan
1/RP46294

Last Listing description (November 2016)

With excellent exposure to busy Sandgate Road the property presents a great opportunity to lease a freestanding commercial building in the popular suburb of Albion.
Built for the Commonwealth Bank circa 1928 the building retains some of its original character features and currently has a professional full office fit out with open plan work area, partitioned offices, storage and amenities on the ground floor. The 1st floor has a large staff breakout area, storage and amenities.
Situated on a busy retail/commercial strip on Sandgate Road the property is surrounded by successful and popular businesses including Sitar Indian Restaurant, The Albion Hotel, Artie and Mai and Thaiways.

352m2 approx.
6 + car parks at rear
QPP - DC1
Amenities / kitchen facilities on level 1
Albion is only 6km outbound from the CBD and is in close proximity major arterials, Brisbane airport, Schools and major Shopping Centres. Well serviced by public transport with bus and rail lines within walking distance and a wide selection of local amenities in the immediate vicinity.
Please call Geoff Esdale for further information and to schedule your inspection.

Property History for 327 Sandgate Rd, Albion, QLD 4010

A timeline of how this property has performed in the market
Last Sold
$2,100,000
13 Mar 2024
Listed for Rent
30 Nov 2016
  • 13 Mar 2024
    Sold for $2,100,000
  • 30 Nov 2016
    Listed for Rent - Price not available
  • 01 Apr 2016
    Listed for Rent $60,000 / year
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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 2,434 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 22 properties listed for sale, and 13 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Albion.

Suburb Insights for Albion 4010

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Disclaimer
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.