21 Bird O Passage ParadeScarborough QLD 4020
Property Details for 21 Bird O Passage Pde, Scarborough
Last Listing description (April 2023)
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.
To obtain a copy of the Information Memorandum and associated equipment registers, please contact the exclusive agents.
Property History for 21 Bird O Passage Pde, Scarborough, QLD 4020
- 15 Jun 2022Listed for Sale Contact Agent
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About Scarborough 4020
The size of Scarborough is approximately 3.3 square kilometres. There are 8 parks, covering nearly 6.2% of the total area. The population of Scarborough in 2016 was 8705 people. By 2021 the population was 9178 showing a population growth of 5.4% in the area during that time. The predominant age group in Scarborough is 60-69 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation.In 2021, 64.80% of the homes in Scarborough were owner-occupied compared with 60.00% in 2016.
Scarborough has 5,070 properties. Over the last 5 years, Houses in Scarborough have seen a 80.58% increase in median value, while Units have seen a 92.79% increase. As at 31 July 2026:
- The median value for Houses in Scarborough is $1,362,047 while the median value for Units is $1,096,048.
- Houses have a median rent of $700 while Units have a median rent of $635.
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