Bird O'Passage Parade,
Scarborough, QLD 4020
Hotel, Motel & Leisure • Shops & Retail • Other
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Sale - Expression of Interest
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Map of Bird O'Passage Parade
Train stations within 5 km of Bird O'Passage Parade, Scarborough, QLD 4020 Distance Kippa-Ring Station 4.3 km POWERED BY HERE ©Bus stops within 5 km of Bird O'Passage Parade, Scarborough, QLD 4020 Distance Thurecht Pde at Thurecht Park 142 m Scarborough Rd at Fifth Avenue 283 m Jeays St at Palmtree Avenue 293 m Scarborough Rd at Jeays Street 398 m Fifth Ave at Moffatt Street 437 m POWERED BY HERE ©
POWERED BY HERE ©
CAPITALISE ON UNIQUE MULTI-PURPOSE INVESTMENT
- ANNUAL RETURN OF $188,000* NET
- DUAL INCOME ASSET
- LEASED UNTIL SEPTEMBER 2026 + OPTIONS
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
• 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
Additional information
External websites
Property ID: 504363260Last Updated: 28 Feb 2024
Bird O'Passage Parade
Scarborough, QLD 4020
Raine & Horne Commercial - Brisbane North337 Gympie Road
KEDRON, QLD 4031
KEDRON, QLD 4031
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