1064 Square metres
Unmissable Investment Just 4kms from the Brisbane CBD
McGees Property Brisbane is proud to present to the market 20 Hudson Road, Albion For Sale via an Expressions of Interest Campaign closing 5pm (AEST) Wednesday 6th December, 2023.
Situated on a prominent 1064m²* corner plot in Albion, this property, originally a warehouse, underwent a significant transformation in 2007/2008. Currently laid out to accommodate office-based tenants, the building's unique configuration offers an investment opportunity with ample scope for future redevelopment.
* Total Building Area: 2228m²*
* Potential Gross Income (as of 26.06.2023): $754,595 p.a
* Total Site Area: 1064m²*
* Car Parking: 9 bays on-grade
* Neighborhood Plan & Planning Scheme: Albion Neighborhood Plan (Corunna Street Precinct - NPP-003) with High Density Residential Zone (HDR1 up to 8 storeys precinct)
* Majority Leased to Entag Communications
With significant passing income, nearly a third of this property remains vacant, presenting an unmatched opportunity to augment rental income leveraging the substantial and modern fit-out already in place. Moreover, its strategic location within the Albion Mill precinct is hard to overlook. It's not just the immediate surroundings that are appealing. The site is a short stroll from Albion Train Station and the Albion Village, with landmarks like The Hudson Common and the Brothers Rugby Club & Allan Border Field further adding to its desirability.
Brisbane's impending role as the host of the Olympics shines a spotlight on this property, drawing attention to the infrastructure upgrades and development projects in the vicinity. Among these are the Mayne Railway Yard upgrades for the Cross River Rail project and Albion raceways impending Olympic venue upgrade, reflecting the private sector's growing interest and investment in the area.
Conveniently connected via Albion Road and positioned amidst Brisbane's major Olympic precinct, 20 Hudson Road is not merely a property. It represents a vision of growth, an anchor point for businesses, and a future rich with promise.
For information on the sales process, assistance with due diligence queries, or to organise an inspection, contact the exclusive agents.