SOLD
Sold on 27 Mar 2024 for $1,360,000

43 Nariel Street
Albion QLD 4010

Bedrooms: -
Bathrooms: -
Car spaces: 4
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Property Details for 43 Nariel St, Albion

Building Type
Commercial
Local Government
Brisbane
Lot/Plan
1/RP110798

Last Listing description (December 2022)

BOUTIQUE OFFICE / SHOWROOM | ALBION FINE TRADES PRECINCT!

Elders Commercial Brisbane are pleased to present to the market for SALE or LEASE, this fantastic opportunity to secure a freestanding office/showroom in the heart of the ever-evolving Albion. This boutique style property suits a multitude of businesses looking for a strong positioning in a high growth precinct:

Key features include:

- 240m2 boutique style office/showroom

- 242m2 General Industry B zoned land parcel
- Suitable for a variety of users with side roller door access
- Existing reception area, quality boardroom and kitchen/breakout area
- Moments from the Albion Fine Trades precinct
- Parking available onsite for up to five (5) cars + street parking
- Immediate access to major thoroughfares including the ICB

For more information or to organise an inspection, please don't hesitate to contact your Elders Commercial Agents today!

The property is located in the inner city suburb of Albion less than 4 km from the Brisbane CBD.

Property History for 43 Nariel St, Albion, QLD 4010

A timeline of how this property has performed in the market
Last Sold
$1,360,000
27 Mar 2024
  • 21 Oct 2021
    Listed for Sale Contact Agent
  • 07 Apr 2021
    Listed for Rent - Price not available
  • 24 Nov 2017
    Listed for Rent - Price not available
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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 2,458 properties. Over the last 5 years, Houses in Albion have seen a 48.86% increase in median value, while Units have seen a 79.67% increase. As at 30 November 2024:

  • The median value for Houses in Albion is $1,274,117 while the median value for Units is $716,237.
  • Houses have a median rent of $633 while Units have a median rent of $580.
There are currently 17 properties listed for sale, and 10 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 153 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.