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417 Sandgate Road
Albion QLD 4010
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Sold on 30 Sep 2022

417 Sandgate Road Albion QLD 4010

  • Development / Land
  • 809 m²
  • Sold

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.

    *approximately

    Property Highlights

    Date Sold30 Sep 2022
    Floor AreaAsk Agent
    Land Area809 m²
    ParkingAsk Agent
    Property ID2018042313
    Category
    Last updated  30 Sep 2022
    Map for 417 Sandgate Road Albion QLD 4010

    Property Highlights

    Date Sold30 Sep 2022
    Floor AreaAsk Agent
    Land Area809 m²
    ParkingAsk Agent
    Property ID2018042313
    Category
    Last updated  30 Sep 2022
    Level 26/111 Eagle St Brisbane City QLD 4000

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