Office

32 Collingwood Street

32 Collingwood Street, Albion, QLD, 4010, AU

32 Collingwood Street_Property for Sale

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32 Collingwood Street 2_Property for Sale

Asset description

JLL Metropolitan Sales & Investments QLD have the exclusive pleasure to present to the market 32 Collingwood Street, Albion. A rare opportunity to acquire a fully refurbished freestanding two level warehouse/office leased to a leading Australian fashion label on a triple net lease. 

Attributes

Building area Gross
4,424 sf
Occupancy
100.00%
Land area Gross
0.10 acres (4,360 sf)

Investment highlights

Key attributes of the offering include:

  • Two storey freestanding building comprising 411sqm of warehouse/office space recently fully refurbished to a premium standard with extensive capital improvements undertaken
  • Over six years remaining on a triple net lease to leading fashion label ‘Apero’ providing a net income of $133,900
  • 100% of Outgoings recoverable including Land Tax and fixed 3% annual increases providing long term rental growth
  • Excellent on-site car parking for 8 vehicles
  • Opportunity to be part of this rapidly gentrifying precinct and immediate access to unrivalled amenity including Craft’d Grounds – Albion’s premier lifestyle and dining destination
  • Ideally located 3km’s from the CBD and just metres from the recently announced Breakfast Creek Sporting Precinct – a focal point for the 2032 Olympic Games.

For a copy of the Information Memorandum or to coordinate a private inspection, please contact JLL.

32 Collingwood Street 4_Property for Sale
32 Collingwood Street 4_Property for Sale

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Last updated
Mar 22, 2023