4/18 Bimbil Street, Albion, QLD 4010

Raine & Horne Commercial are pleased to present to market this rare opportunity to secure a high-performing inner-city asset in the heart of Albion. Anchored by a long-term national tenant, this fully leased property offers both immediate holding income and significant future upside through rental revision, leasing flexibility and potential to occupy.

Key Features:

• 967sqm* Building area over two tenancies

• Potential to occupy part & receive income from National tenant

• Currently leased well below market rental rates

• Existing holding income $185,281pa* net + outgoings + GST

• Anchor tenant "Burson Auto Parts" with 220+ stores in Australia

• High & dry position in heart of inner-city growth suburb of Albion

• Central to major lifestyle precincts such as Collingwood St & Albion Fine Trades

• Strategic location only 3km north CBD close to Sandgate Road, ICB, Gympie Rd & Albion train station

• First time offered to market in 23 years

The subject property is an exceptional inner-city investment with reliable income, flexible upside and a premium location. Rarely do opportunities like this come to market in Albion's tightly held precinct.

Contact your Raine & Horne Commercial agents today for more information or to arrange an inspection.

Listing ID 32418297

* approximately