Property for Sale

735 Albany Creek Road, ALBANY CREEK, QLD 4035

  • 884
  • 415 m2

Offers Over $2,200,000

Approved Three-Office Commercial Opportunity - High Exposure Freehold

Introducing an exceptional opportunity at 735 Albany Creek Road, Albany Creek - a prominent freehold commercial property offering an existing restaurant operation together with approval for conversion into three office tenancies on one title.

Positioned on an 884sqm* allotment with excellent exposure to Albany Creek Road, the property is currently operating as an established restaurant and provides substantial existing improvements, onsite parking and a highly accessible position within one of Brisbane's most established northern suburbs.

Importantly, the property has been approved for three separate office tenancies on one title, creating an exciting opportunity for an investor or owner-occupier to reposition the asset and capitalise on the demand for well-located suburban office accommodation.

The proposed office configuration provides approximately 267sqm* of total office accommodation across the three tenancies.

Based on our assessment of the local commercial leasing market, we consider an indicative office rental range of approximately $450-$500 per sqm per annum, potentially generating total gross rental income in the vicinity of $120,150-$133,500 per annum once converted and fully leased.

This provides purchasers with a compelling opportunity to acquire an established freehold property with an existing commercial use while also benefiting from an approved alternative office configuration and the potential to significantly enhance the property's investment income and long-term value.

Key Features
-884sqm* freehold site
-Currently operating as an established restaurant
-Approved for three office tenancies on one title
-Approximately 267sqm* total proposed office accommodation
-Indicative office rental assessment of approximately $450-$500/sqm p.a.
-Potential combined gross office income of approximately $120,150-$133,500 p.a.
-Flexibility to lease the three office areas separately
-Prominent position with excellent exposure to Albany Creek Road
-Strong passing traffic and signage potential
-Ample onsite parking
-Established surrounding residential and commercial catchment
-Convenient access to major northern Brisbane arterial roads
-Opportunity for investors, owner-occupiers and value-add purchasers
-Existing restaurant use provides further flexibility for the incoming purchaser

735 Albany Creek Road represents a particularly versatile commercial acquisition - offering an established existing restaurant premises together with an approved pathway to create three office tenancies and potentially generate a diversified commercial rental income stream.

For an investor, the approved office configuration provides the opportunity to reposition the property and target approximately $120,150-$133,500 p.a. in gross rental income, based on the indicative rental assessment of $450-$500 per sqm p.a.

For an owner-occupier, the configuration also creates the potential to occupy one component of the property while leasing the remaining office tenancies, providing flexibility rarely available in a single freehold holding.

Disclaimer:
All information contained herein has been provided by the Seller and/or obtained from sources considered reliable. Harcourts Solutions and its representatives have not independently verified all information and make no warranty or representation as to its accuracy, completeness or currency. Any reference to approved or proposed uses, office configurations, floor areas, rental rates, rental income, yields or future potential is indicative only and should not be relied upon as a representation or guarantee of future performance. Interested parties must undertake their own due diligence and obtain independent professional advice regarding the property, including but not limited to town planning and development approvals, permitted use, building and compliance requirements, measurements, rental assessments, outgoings, taxation and financial returns. All areas, measurements, rental rates and financial figures are approximate and subject to verification. Added 19 June, 2026 Property ID: #L40946414

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Est. bond $1920
  • 884
  • 415 m2

Property for Sale

735 Albany Creek Road, ALBANY CREEK, QLD 4035

Offers Over $2,200,000

Approved Three-Office Commercial Opportunity - High Exposure Freehold

Introducing an exceptional opportunity at 735 Albany Creek Road, Albany Creek - a prominent freehold commercial property offering an existing restaurant operation together with approval for conversion into three office tenancies on one title.

Positioned on an 884sqm* allotment with excellent exposure to Albany Creek Road, the property is currently operating as an established restaurant and provides substantial existing improvements, onsite parking and a highly accessible position within one of Brisbane's most established northern suburbs.

Importantly, the property has been approved for three separate office tenancies on one title, creating an exciting opportunity for an investor or owner-occupier to reposition the asset and capitalise on the demand for well-located suburban office accommodation.

The proposed office configuration provides approximately 267sqm* of total office accommodation across the three tenancies.

Based on our assessment of the local commercial leasing market, we consider an indicative office rental range of approximately $450-$500 per sqm per annum, potentially generating total gross rental income in the vicinity of $120,150-$133,500 per annum once converted and fully leased.

This provides purchasers with a compelling opportunity to acquire an established freehold property with an existing commercial use while also benefiting from an approved alternative office configuration and the potential to significantly enhance the property's investment income and long-term value.

Key Features
-884sqm* freehold site
-Currently operating as an established restaurant
-Approved for three office tenancies on one title
-Approximately 267sqm* total proposed office accommodation
-Indicative office rental assessment of approximately $450-$500/sqm p.a.
-Potential combined gross office income of approximately $120,150-$133,500 p.a.
-Flexibility to lease the three office areas separately
-Prominent position with excellent exposure to Albany Creek Road
-Strong passing traffic and signage potential
-Ample onsite parking
-Established surrounding residential and commercial catchment
-Convenient access to major northern Brisbane arterial roads
-Opportunity for investors, owner-occupiers and value-add purchasers
-Existing restaurant use provides further flexibility for the incoming purchaser

735 Albany Creek Road represents a particularly versatile commercial acquisition - offering an established existing restaurant premises together with an approved pathway to create three office tenancies and potentially generate a diversified commercial rental income stream.

For an investor, the approved office configuration provides the opportunity to reposition the property and target approximately $120,150-$133,500 p.a. in gross rental income, based on the indicative rental assessment of $450-$500 per sqm p.a.

For an owner-occupier, the configuration also creates the potential to occupy one component of the property while leasing the remaining office tenancies, providing flexibility rarely available in a single freehold holding.

Disclaimer:
All information contained herein has been provided by the Seller and/or obtained from sources considered reliable. Harcourts Solutions and its representatives have not independently verified all information and make no warranty or representation as to its accuracy, completeness or currency. Any reference to approved or proposed uses, office configurations, floor areas, rental rates, rental income, yields or future potential is indicative only and should not be relied upon as a representation or guarantee of future performance. Interested parties must undertake their own due diligence and obtain independent professional advice regarding the property, including but not limited to town planning and development approvals, permitted use, building and compliance requirements, measurements, rental assessments, outgoings, taxation and financial returns. All areas, measurements, rental rates and financial figures are approximate and subject to verification. Added 19 June, 2026 Property ID: #L40946414

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