11-15 Greg Chappell St Albion QLD 4010

Savills is pleased to present to the market 1115 Greg Chappell Street, Albion. An exceptional opportunity to secure a fully leased, income-producing asset with the flexibility to invest, occupy, or redevelop in one of Brisbane's most tightly held inner-city precincts.

Set on an 822 sqm* dual-title site with 24 metres* of frontage, the property features a well-maintained, single-level building providing 830 sqm* of net lettable area, including office, warehouse, and ancillary space, plus 20 on-site car parks. Currently fully leased until 2031 with a 3-year option, the asset generates a net income of $220,500* per annum. Importantly, the lease includes an immediate demolition clause, offering outstanding flexibility for redevelopment or owner-occupation at any time.

Strategically located just 4 km* from the Brisbane CBD, the property benefits from excellent connectivity via Sandgate Road, the Inner-City Bypass, Clem 7 and the Airport Link. It is a short walk to Albion Train Station and is surrounded by major urban renewal projects including the $1 billion Albion Exchange and the Woolworths-anchored Hudson Road mixed-use development. With additional infrastructure upgrades anticipated in the lead-up to the 2032 Olympic Games, the area is poised for continued growth.

Key Highlights:
822 sqm* dual-lot freehold site with 24 m* street frontage and 20 car spaces
830 sqm* NLA: 340 sqm office, 328 sqm warehouse, 92 sqm ancillary space, and 70 sqm plant room
Fully leased to 2031 with net income of $220,500* p.a. + 3-year option
Immediate demolition clause enabling redevelopment or owner-occupation flexibility
Zoned IN2 General Industry B Zone under Brisbane City Plan 2014, suitable for a range of uses (STCA)
Located just 4 km* from the CBD with excellent access to major arterials and public transport
Prime position within a precinct undergoing transformative redevelopment

1115 Greg Chappell Street, Albion offers a unique blend of secure income, strategic location, and immediate future potential. Whether you're looking to invest, occupy, or unlock the site's full development upside, this is a rare opportunity not to be missed.