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417 Sandgate Road Albion, QLD 4010

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417 Sandgate Road,
Albion, QLD 4010

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WHOLE BLOCK OF BRICK UNITS WITH DEVELOPMENT UPSIDE - ALBION

• Located only 4* kilometres to the Brisbane CBD (10* minutes travel by vehicle)
• 6 self contained units all with large bedrooms
• Substantial 809m²* elevated site
• Capitalise on the substantial major projects in the Albion Precinct - including the Albion Exchange, Hudson Common, Brisbane 2032 Olympics via the proposed breakfast Creek Sports Centre at Albion Park & upgrade of Crosby Park
• Gross Income of $108,731pa*
• Zoned Medium Density with Code Assessable building height limit of 5 stories
• Potential CBD views for future development
• Albion Median House Price - $1,062,000* and Median Unit Price $492,500*
• 100% long term occupancy - set and forget opportunity
• Potential for short term rental uplift from record low Brisbane rental vacancy

For further information, please contact the Ray White Special Projects Marketing Agents.

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Property ID: 504151315Last Updated: 1 Dec 2022

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417 Sandgate Road
Albion, QLD 4010

Detailed listing

RWC - Special Projects QLD
Level 26, 111 Eagle Street
BRISBANE CITY, QLD 4000

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