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Savills - Brisbane
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400 & 402 Sandgate Road Albion, QLD 4010

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For Sale

400 & 402 Sandgate Road Albion, QLD 4010

Development Sites & Land
Sale Price

$3,665,000

Excl. GST

Land area

1888.0m²

Property extent

Whole

Tenure type

Vacant Possession

A block of 17 units returning circa $252,433 PA on 1,888sq m of land

  • 1,888sq m of land
  • 16 self-contained guestrooms
  • Two Street frontage
Savills are pleased to be selling 400 & 402 Sandgate Road

The Albion Manor motel and apartments comprises of a 3 1/2 star complex with 16 self-contained guestrooms split over two levels, a managers office, 2 bedroom self contained residence, reception and laundry. Additional facilities include an inground pool and barbecue area, plus undercroft parking for approximately 17 vehicles.
A parcel of vacant land, separately titled, adjoins the motel property to the west, 776 m² in size and also and also designated “Low-Medium Density Residential Area LMR”.
The site is gently sloping from street level, is near regular in shape and has frontage of 17.7 m to Sandgate Road.

FOR SALE
Offers are encouraged on the entire block of 17 units on a total of 1,888sq m of land or on 402 Sandgate Road or 400 Sandgate Road separately

Property ID: 503149278Last Updated: 22 May 2019

Savills - Brisbane
400 & 402 Sandgate Road
Albion, QLD 4010
Robert Dunne
Leon Alaban

Savills - Brisbane

Level 2, 66 Eagle Street
BRISBANE CITY, QLD 4000

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Savills - Brisbane

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Savills - Brisbane

Level 2, 66 Eagle Street
BRISBANE CITY, QLD 4000
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Robert Dunne

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Robert Dunne
Savills - Brisbane
400 & 402 Sandgate Road Albion, QLD 4010

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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