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6 Crosby Road Albion QLD 4010

  • Shop & Retail
  • 1,012 m²
  • For Sale, Please Contact Agents

Brisbanes Best Boutique Retail Centre

JLL, in conjunction with morrison Project Consulting, are pleased to present Albion Central to the market.

Undoubtedly one of the most outstanding convenience retail centres in Brisbanes affluent inner North. The property occupies a corner position fronting the Albion Fiveways with prime exposure to over 80,000 passing cars per day. The centre caters to a high profile demographic and has a tenancy mix to suit- all are on brand new 10-year leases with fixed annual rent reviews of 3.50% or higher.

Albion Central is being offered for sale via Expressions of Interest closing Thursday 17 September 2020 at 4pm.

Fully leased to seven best-in-class retail operators all on 10 year leases
Outstanding tenancy mix including grocery, bottle shop & medical
Strong annual income growth of 3.50% or higher for all tenants
Tenants pay all outgoings (excl. land tax)
2,635sqm site fronting the Albion Fiveways, with exposure to over 80,000 cars per day
Brand new build offering immediate first year depreciation benefits
Strategic location within one of Brisbanes most affluent demographics in close proximity to Ascot, Hamilton and Clayfield only 4km* from the Brisbane CBD
Net income of $680,051p.a. as at 1 August 2020

Property Highlights

Property ID2016448472
Floor Area1,012 m²
Land Area2,635 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  21 Aug 2020
Map for 6 Crosby Road Albion QLD 4010
Map for 6 Crosby Road Albion QLD 40106 Crosby Road Albion QLD 4010
JLL - Brisbane
Level 39 Central Plaza One, 345 Queen Street Brisbane City QLD 4000

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