Colliers are excited to present 2 Gellibrand Street, Queenscliff For Sale.
This is a secure investment opportunity with established hospitality tenants Otway Brewing Group who operate multiple venues across Victoria. Otway Brewing Group have undertaken substantial renovations on the ground floor with multiple bars & dining areas, TAB, Bottlemart, beer system, and expansive beer garden.
Located on a massive corner allotment of 1,402 square metres* in thriving Queenscliff, and within easy walking distance to the picturesque beach, Queenscliff to Sorrento Ferry Terminal, and retail/hospitality thoroughfare.
The first floor has untapped development potential for accommodation and additional dining (STCA), with the balcony providing a great view to Swan Bay and Princess Park. Underutilised land also available for Motel or residential development.
Property Highlights: - 5 year lease commenced 16/12/2022 - 2 further lease options of 5 years each - Annual CPI reviews - Licensed for 600 patrons and 1am liquor license - Development potential (STCA) - 35 minutes* to Geelong - Zoned Mixed Use
For more information, please contact exclusive selling agents Ned Tansey 0492 892 101 or Andrew Lewis 0418 508 908.
*Approximately
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