32 Collingwood Street, Albion, QLD 4010 sold on 01 July 2025 | OnTheHouse
SOLD
Sold on 01 Jul 2025 for $2,500,000

32 Collingwood Street
Albion QLD 4010

Bedrooms: -
Bathrooms: -
Car spaces: 8
Land area: 405m2
Save

Property Details for 32 Collingwood St, Albion

Building Type
Commercial
Land Size
405m2
Local Government
Brisbane
Lot/Plan
57/RP18381

Last Listing description (January 2025)

RWC Bayside, in conjunction with RWC Queensland, are pleased to present 32 Collingwood Street, Albion to market For Sale by Expressions of Interest.

This fully leased 411sqm* freehold property sits on a 405sqm* site, perfectly positioned in the recently announced 'Breakfast Creek Sporting Precinct' which is set to become a key facility for the 2032 Olympic Games and a hub for staging on-going local, national and international sports events.

Just 3km* from the Brisbane CBD, 32 Collingwood Street, Albion represents an outstanding opportunity for investors to purchase a completely refurbished and fully leased freehold commercial property in one of Brisbane's most rapidly gentrifying precincts.

Features include:
- Building Area : 411sqm* NLA over two levels
- Land Area : 405sqm*
- 8 on-site car parks
- Fully leased to leading fashion label 'Apero'
- 7 year lease (expiring 30 April 2029)
- Nett Passing Income - $133,900* PA with fixed annual increases of 3%
- Triple nett lease structure (tenant responsible for all outgoings costs, including land tax)
- LII zoning - Low Impact Industry
- Ideally located across the road from Albion's premier dining precinct 'Craft'd Grounds' which is home to some of Brisbane's best artisan food and drink establishments including Herve's, Collingwood Black Espresso + Bar, Brewtide Brewery, Milton Rum Distillery, Doughcraft Bakery, Seven Miles Coffee Roasters and more
- 650m* from Albion Fine Trades
- Highly connected location with easy access to tunnels and arterial roads in all directions, and just a short walk to the Albion Train Station
- Huge potential for future development and capital growth in a booming precinct

Contact Agent

^ Image outlines indicative only
* Approximately

Property History for 32 Collingwood St, Albion, QLD 4010

A timeline of how this property has performed in the market
Last Sold
$2,500,000
01 Jul 2025
  • 01 Jul 2025
    Sold for $2,500,000
  • 09 Oct 2023
    Listed for Sale Contact Agent
  • 14 Feb 2023
    Listed for Sale Please Contact Agent
Sign in to see more transactions
Commute Calculator

About Albion 4010

The size of Albion is approximately 1.4 square kilometres. It has 6 parks covering nearly 22.1% of total area. The population of Albion in 2016 was 2296 people. By 2021 the population was 3446 showing a population growth of 50.1% in the area during that time. The predominant age group in Albion is 20-29 years. Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation.In 2021, 34.20% of the homes in Albion were owner-occupied compared with 37.50% in 2016.

Albion has 2,583 properties. Over the last 5 years, Houses in Albion have seen a 49.24% increase in median value, while Units have seen a 103.54% increase. As at 30 November 2025:

  • The median value for Houses in Albion is $1,309,007 while the median value for Units is $836,598.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 13 properties listed for sale, and 15 properties listed for rent in Albion on OnTheHouse. According to Cotality's data, 177 properties were sold in the past 12 months in Albion.

Suburb Insights for Albion 4010

Market Insights
Albion Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Albion Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.