721-723 Albany Creek Road, Albany Creek, QLD 4035 | Property Value & History | OnTheHouse
OFF MARKET

721-723 Albany Creek Road
Albany Creek QLD 4035

Bedrooms: -
Bathrooms: -
Car spaces: 50
Land area: 1619m2
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Property Details for 721-723 Albany Creek Rd, Albany Creek

Building Type
Commercial
Land Size
1619m2
Local Government
Moreton Bay
Lot/Plan
32/RP889625

Last Listing description (June 2026)

721-727 Albany Creek Road presents a rare opportunity to acquire a fully tenanted, mixed-use commercial centre in one of Brisbane's most resilient northern suburbs. Offered across two freehold titles with a combined land area of 3,238m² and a total GLA of 1,198m², the property is anchored by a stable roster of medical, allied health, and professional services tenants - delivering consistent income with strong lease covenant across both levels.

The centre currently returns a total net income of approximately $533.848.48 per annum (ex GST), underpinned by ten tenants including Sullivan Nicolaides Pathology, Bupa Dental (SmileDentist), Allstar Orthodontics, Physiochoice, and Lockett McCullough Lawyers. Lease terms are structured across 2 to 5-year initial terms with options, rent reviews indexed to CPI or fixed increases, and a weighted average lease expiry that provides income security with ongoing review upside. Total outgoings recovery is approximately $95,065 per annum, with the majority of tenancies operating on a net lease basis.


The property sits prominently on Albany Creek Road with excellent main-road exposure, ample on-site car parking, and immediate proximity to Albany Creek Central - the suburb's primary retail hub anchored by major supermarkets and daily convenience retailers. The surrounding precinct supports strong and consistent foot traffic, with the medical and professional tenant mix well-suited to Albany Creek's demographic profile: median household incomes approximately 40% above the Queensland state average, and a high proportion of families with children driving sustained demand for health and professional services.

Albany Creek is an established, tightly held suburb with limited commercial stock of this scale and quality. Assets of this nature - fully leased, dual-title, and anchored by nationally recognised health operators - are seldom offered to the open market in this corridor.

- Two freehold titles | Combined land area: 3,238m²

- Total GLA: 1,198m² across ground and upper level

- 10 tenants

- Net income: approximately $525,484 p.a. (ex GST)

- Total outgoings: approximately $95,066 p.a. (ex GST)

- Tenant mix: medical, allied health, legal, and professional services

- Lease structures: CPI, fixed review, and percentage increases

- Prominent main-road position | Ample on-site car parking

- Dual-title structure offering future flexibility


Contact Eric Li on 0425 564 877 for more information

Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 721-723 Albany Creek Rd, Albany Creek, QLD 4035

A timeline of how this property has performed in the market
Last Sold
$3,600,000
28 Mar 2022
Listed for Rent
$62k/w
22 Sep 2023
  • 11 Jun 2026
    Listed for Sale For Sale
  • 18 Mar 2025
    Listed for Sale Contact Agent
  • 12 Dec 2023
    Listed for Rent - Price not available
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About Albany Creek 4035

The size of Albany Creek is approximately 9.7 square kilometres. There are 48 parks, covering nearly 20.8% of the total area. The population of Albany Creek in 2016 was 15769 people. By 2021 the population was 16385 showing a population growth of 3.9% in the area during that time. The predominant age group in Albany Creek is 10-19 years. Households in Albany Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany Creek work in a professional occupation.In 2021, 79.90% of the homes in Albany Creek were owner-occupied compared with 80.70% in 2016.

Albany Creek has 6,869 properties. Over the last 5 years, Houses in Albany Creek have seen a 63.73% increase in median value, while Units have seen a 102.22% increase. As at 31 August 2026:

  • The median value for Houses in Albany Creek is $1,353,113 while the median value for Units is $944,492.
  • Houses have a median rent of $780 while Units have a median rent of $773.
There are currently 46 properties listed for sale, and 21 properties listed for rent in Albany creek on OnTheHouse. According to Cotality's data, 240 properties were sold in the past 12 months in Albany creek.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.