JLL Hotels & Hospitality exclusively offer leased investment for the home of the Scarborough Brewery at 21 Bird O’Passage Scarborough for sale. 1,174sqm dry lease and 579sqm wet lease overlooking the marina and includes a fully operational craft brewery and the exclusive use of 4 marina berths. For sale by JLL Hotels’ Tom Gleeson and Mark Walsh.
JLL Hotels & Hospitality is pleased to exclusively offer to the market the passive investment of 21 Bird O’Passage, Scarborough, the home of the Scarborough Brewery.
Located within the picturesque Scarborough Harbour and just 45 minutes from Brisbane CBD, this two-storey venue has recently and comprehensively renovated. The property consists a 1,174sqm dry lease and 579sqm wet lease overlooking the marina and includes a fully operational craft brewery on the ground floor, further dining areas on the upper floor and the exclusive use of 4 marina berths.
Securely tenanted by Scarborough Brewery Co until 2026 with 2 x 5-year options, the property is producing circa $224,000 of net annual rental from the brewery and marina berths.
“21 Bird O’Passage, represents a rarefied opportunity to acquire an asset boasting a secure and committed tenant within one of Queensland’s major growth corridors, Moreton Bay.” comments JLL Hotels’ Senior Vice President, Tom Gleeson.
“Moreton Bay continues to be one of Australia’s fastest growing regions, with stable investments in such a stunning location becoming harder to replicate. The beautiful sun sets viewed from the balcony is also a bonus.” adds Mark Walsh.
JLL Hotels & Hospitality is offering the asset for sale via an Expression of Interest campaign closing Thursday 14 July.
To request a copy of the Information Memorandum please contact the marketing agent JLL Hotels’ Tom Gleeson and Mark Walsh via the contact details below.