The Queenscliff Brewhouse - A Bellarine Institution - New 10 year Lease to Australian Venue Co (AVC)

Description

Burgess Rawson is delighted to present to market the The Queenscliff Brewhouse at 2 Gellibrand Street, Queenscliff VIC for sale via Investment Portfolio Auction 176.

This property’s key investment highlights include:

+ Brand new 10 year lease from April 2025 to 2035 to Australian Venue Co (AVC), with four further ten year options through to 2075.
+ Australian Venue Co (AVC) is Australia’s second largest hotel group with over 235 venues with continued growth.
+ The Queenscliff Brewhouse-A multi-award winning hotel, brewery and distillery and a Queenscliff institution since 1879.
+ Set and forget, investor preferred net lease terms with the tenant responsible for council rates, water rates, building insurance, public liability Insurance, repairs and maintenance.
+ Major tenant-funded refurbishment imminent, further reinforcing long-term security through substantial capital investment.
+ Attractive fixed 2.75% annual rental reviews ensuring long term rental growth.
+ Large high-profile corner 1,402sqm freehold ‘mixed use’ site located within the long-standing accommodation precinct.
+ Strategically located on the major thoroughfare from the Queenscliff to Mornington Peninsula Ferry service to the Queenscliff CBD
+ Queenscliff: Affluent coastal resort town 29kms* from Geelong and home to Searoad ferries connecting the Bellarine and Mornington Peninsula’s with the median house price $1,440,000*
+ Borough of Queenscliffe: Each summer, the population swells by an incredible 466% as tourists flock to the area, transforming it into a thriving coastal hotspot.
+ Net Income: $358,685 pa * + GST

For sale by Investment Portfolio Auction 176
10:30am AEST Wednesday 14 May 2025
Crown Casino, Garden Room, Melbourne VIC

* Approx

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Contact agents
Matthew Wright Partner
0458 290 588
Neville Smith Partner
0400 068 205
Enquiry Form

Queenscliff, VIC

2 Gellibrand Street

For Sale by Portfolio Auction
Wednesday 14th May 10:30AM Crown Casino - Garden Room - Melbourne

This property is part of Portfolio 176

Price: Contact Agent

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