124 Albert Street, Brisbane City, QLD 4000

Development/Land | Retail | Hotel/Leisure

For Sale Contact Agent

  • Property ID: 297324
  • Floor Area: 2335m²
  • Land Area: 911m²
  • Occupancy: Vacant

+ A prized 911sqm* landholding occupying one of the CBD’s most sought-after corner locations fronting Albert & Charlotte Street
+ Multiple development possibilities courtesy of the site’s PC1 zoning allowing a wide range of future outcomes including: commercial, retail, hotel, residential & student accommodation^
+ Perfectly placed to benefit from the $5.4bn* proposed Cross River Rail with an Albert Street station planned at the doorstep of the site (forecast over 24 million commuters pa)
+ Immediate walking distance to both Queen Street Mall (200m*) & the $3bn* Queens Wharf Casino project (200m*)
+ Improved with a three level building home to the renowned Gilhooleys pub on the ground floor, with retail & fitness related tenants on the upper levels
+ Strong holding income
+ Existing improvements comprising 2,335sqm* of NLA could be adaptively re-used for occupation
+ First time ever offered to market after decades
of private ownership
Parties interested in purchasing 124 Albert Street, Brisbane are invited to submit an Expressions of Interest (EOI) by 4pm Thursday, 28 June, 2018
^subject to council approval

Brisbane City Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7850 $650 8.28%
Industrial --- $562 ---
Offices $6020 $664 11.03%
This is the average advertised price, rent and yield for Brisbane City, QLD 4000*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

CBRE Brisbane

Level 3, Waterfront Place, 1 Eagle Street, Brisbane City, QLD 4000

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 124 Albert Street, Brisbane City, QLD 4000. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 124 Albert Street, Brisbane City, QLD 4000. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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