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
|Floor Area||1,012 m²|
|Land Area||2,635 m²|
|Parking||On site parking available|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||21 Aug 2020|