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For Sale
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.
Shop 14A, Pinelands Plaza, 663 Beenleigh Road, Sunnybank Hills QLD 4109
Call Eric Li on
0425564877
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