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  • Bird O'Passage Parade, SCARBOROUGH, QLD 4020

Bird O'Passage Parade, Scarborough, QLD 4020

  • Floor Area:
    911sqm
    Land Area:
    1773sqm
    • For Sale

      CONTACT AGENT

      CAPITALISE ON UNIQUE MULTI-PURPOSE INVESTMENT

      Located on Bird O'Passage Parade, this extraordinary investment opportunity is positioned within the Scarborough entertainment, food & beverage precinct adjoining the Moreton Bay Boat Club and Tempest Seafood Restaurant.
      • Recent extensive refurbishment of building from the ground up
      • 831sqm* Microbrewery, Restaurant, Bar over 2 levels + 4 x 15m Marina berths
      • Combined annual net return of $188,000pa* + outgoings + GST
      • 4% annual rent increases assuring future rental growth
      • 5 year sub-lease to "Scarborough Harbour Brewery" until September 2026 + 2 x 5yr options
      • Long-term head lease to 2050 which can be extended
      • Do not miss this one of a kind opportunity within high growth area For further information or to arrange an inspection, please contact agents of Raine and Horne Commercial Listing ID: 19651898

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      avatar Trent Bruce
      Trent Bruce
      Managing Director
      avatar Michael Schafferius
      Michael Schafferius
      Sales & Leasing Executive

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L23001192
      • Property Type:Hotel/Leisure
      • Building / Floor Area:911 sqm
      • Land Area:1773 sqm
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