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Colliers - Geelong

2 Gellibrand Street Queenscliff, VIC 3225

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2 Gellibrand Street,
Queenscliff, VIC 3225

Hotel, Motel & Leisure

Price information

Sale

$5,250,000

Key property information

Land area

Floor area

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Map of 2 Gellibrand Street

Directions
  • Bus stops within 5 km of 2 Gellibrand Street, Queenscliff, VIC 3225Distance
    Gellibrand St/Wharf St (Queenscliff)94 m
    Bay St/Wharf St (Queenscliff)212 m
    Queenscliff Post Office/Hesse St (Queenscliff)243 m
    Queenscliff Ferry/Wharf St (Queenscliff)518 m
    Queenscliff MarinaWharf St526 m
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POWERED BY HERE ©

Queenscliff Brewhouse- Iconic Freehold Investment

  • Commercial Investment $5,250,000
  • Strong return + future development
  • Iconic Hotel Freehold returning 6.25%
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 1... or Andrew Lewis 0418 508 9....

*Approximately

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Property ID: 504544424Last Updated: 18 Mar 2024

Colliers - Geelong

Level 5/100 Brougham Street
GEELONG, VIC 3220
Colliers - Geelong
2 Gellibrand Street
Queenscliff, VIC 3225
Colliers - Geelong
Level 5/100 Brougham Street
GEELONG, VIC 3220
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