Bird O'Passage Parade, Scarborough, QLD 4020
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
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L23001192
- Property Type:Hotel/Leisure
- Building / Floor Area:911 sqm
- Land Area:1773 sqm
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