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Savills is pleased to present to the market 11–15 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
11–15 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.
Remember to mention you found this property on CommercialReady
Savills is pleased to present to the market 11–15 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
11–15 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.
Remember to mention you found this property on CommercialReady
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