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

• Fully-leased offering secure dual income streams and a strong covenant

• Current annual return $185,281* pa Net + Outgoings + GST with future rental reversion

• Anchored by long-term National tenant Burson Auto Parts with 220+ stores in Australia

• Rear tenancy on short term lease providing opportunity for future occupation or rental growth

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

• Central to major commercial and lifestyle precincts such as Collingwood Street and Albion Fine Trades

• Strategic position only 3km from CBD close to major arterials in Sandgate Road, ICB, Gympie Road and walking distance to Albion Train Station

• First time offered to market in 22+ years and WILL BE SOLD

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 the Exclusive Agents today for more information or to arrange your inspection.

Listing ID 32418297

* approximately