Property company GEON has officially put Stage One of the Albion Exchange mixed-use development to market. Savills Australia and New Zealand are the exclusive selling agents.
The milestone marks a major step in delivering a vibrant, transit-oriented community for Brisbane’s inner northern suburbs.
Set to become the city’s premier retail, commercial, residential and lifestyle hub, Albion Exchange is a ten-stage redevelopment that will transform the Albion precinct.
The Albion Exchange development will include two residential towers comprising 327 studios, one-, two-, three-, and four-bedroom apartments.
The towers will also incorporate 1,658 sqm of ground-floor retail space and over 3,000 sqm of amenities, including a gym, outdoor pool, wellness facilities and green spaces.
“Albion Exchange sets a new standard for Build to Rent communities in Brisbane and comes at a critical time as we face a growing housing shortage.
“GEON Living was created to meet the growing market demand in the Build to Rent and related sectors, and this project reflects our commitment to creating vibrant, sustainable neighbourhoods.
“By integrating state of-the-art amenities with a strong sense of community, we are dedicated to delivering a high-quality rental experience that not only addresses demand but also enhances the lives of our residents.”
Dan Moore, CEO, GEON Living
Located adjacent to the Albion train station, the full scheme will comprise over 1,000 homes, 17,000 sqm of commercial space, 8,000 sqm of retail and food and beverage outlets, and 6,000 sqm of public and green spaces.
The area’s unparalleled connectivity links residents to the Brisbane CBD in just eight minutes, alongside Brisbane Airport, the Gold Coast, Ipswich, and the Sunshine Coast.
“We are delighted to represent GEON, seeking an investor to fund the delivery of the first stage of this extremely exciting TOD development in Brisbane’s inner north.
“The project reflects an exceptional opportunity to partner with the experienced GEON team to deliver an exemplar Build to Rent development in a prime location that is poised for growth, with significant inward investment in key infrastructure projects that will transform this area of Brisbane.”
Conal Newland, Head of Operational Capital Markets, Savills Australia and New Zealand
GEON aims to support economic growth, environmental sustainability, and community wellbeing at Albion Exchange.
GEON’s Build to Rent operational division – GEON Living – has been involved in the design process and is focussed on addressing critical housing supply issues by growing market demand in the Build to Rent sector.
For further enquiries or to express interest in Albion Exchange Stage One, contact Savills Australia and New Zealand:
Conal Newland, Head of Operational Capital Markets: +61 (0) 422 406 611 / cnewland@savills.com.au
Paul Savitz, Directory, Operational Capital Markets: +61 (0) 434 613 894 / psavitz@savills.com.au
Emily Gold, Associate Director, Operational Capital Markets: +61 (0) 493 866 433 emily.gold@savills.com.au
