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21 Bird O'Passage Parade Scarborough QLD 4020

  • Hotel, Motel, Pub & Leisure
  • 1,753 m²
  • For Sale, Contact Agent

PASSIVE INVESTMENT | Tenanted - Stunning Waterfront location, fully renovated microbrewery, bar & restaurant and four 15m marina berths

  • Passive Investment
  • Stunning waterfront opportunity
  • Professional, long-term tenant

JLL Hotels & Hospitality Group is proud to exclusively offer for sale the stunning property - 21 Bird O'Passage Parade, Scarborough Harbour, QLD. The home of Scarborough Harbour Brewing Co.

This rare and highly desirable investment property is located within a well-established and highly desirable entertainment food & beverage precinct.

- Extensive redevelopment of entire property, including bar, restaurant, and new state-of-the-art microbrewery
- Combined annual rent of $224,000.00 from hospitality venue and four marina berths, increasing 4% annually
- Head Lease to 2050 with opportunity to extend. Scarborough Harbour Brewery sub-lease till September 2026 plus 2 x 5 years options
- Highly professional tenant committed to the long-term success of the venture.
- Large land package DRY lease of 1,174sqm approx. plus WET lease 579sqm approx. (includes four 15m marina berths with proposed food & beverage concept for additional income)
- Substantial local growth prospects into the longer term, highlighted by the recently licensed Redcliffe Dolphins NRL team, located approx. 4kms* away

This Scarborough Harbour property represents a unique opportunity to acquire a beautiful and high-quality venue with a committed long-term tenant.

Expressions of Interest closing Thursday 14th July 2022 at 4:00pm (unless sold prior)

To obtain a copy of the Information Memorandum and associated equipment registers, please contact the exclusive agents.

Property Highlights

Floor Area1,753 m²
Land Area1,753 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2017872314
Category
Last updated  21 Jun 2022
Map for 21 Bird O'Passage Parade Scarborough QLD 4020

Property Highlights

Floor Area1,753 m²
Land Area1,753 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2017872314
Category
Last updated  21 Jun 2022
Level 25, 420 George Street Sydney NSW 2000
Tom Gleeson
Tom Gleeson
JLL - Hotels & Hospitality Group
Mark Walsh
Mark Walsh
JLL - Hotels & Hospitality Group

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