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.