Shop 1/89 Landsborough Avenue
 Scarborough, QLD, Australia 
Scarborough, QLD, Australia
 Listed By CENTURY 21 Maddies Hermans 
 The Retail Property for Sale located at Scarborough, QLD, Australia is currently for sale.  Scarborough, QLD, Australia is listed for Expressions of Interest.  If the property located at Scarborough, QLD, Australia isn't what you're looking for, visit  https://www.century21global.com  to see other  Retail Properties for Sale in Scarborough  . 
 Date Updated : Feb 25, 2025
MLS#: 600143
Expressions of Interest
  •  Minimum sellable space 
     203m² 
 The details 
 Property features 
 Area 
  •  Property size:  203m² 
 Description 
Prime real estate with a 20 year lease in place  this is a rare commodity 
*	On the waterfront overlooking Moreton Bay
*	Located on the ground floor of the Scarborough Beach Resort, which features 75 apartments with a mix of permanent and holiday rentals
*	203m2 area that includes an outdoor covered al-fresco dining area with drop-down screens
*	Additionally, 2 car parks (one in secured area in downstairs carpark) and 1 storage cage
*	Currently leased and operating as a BYO Café/Restaurant and Function Venue with 80+ seating capacity (50 inside, 30 outside)
*	Fully air-conditioned (2 x 14kw Ducted Systems – one of them was replaced Jan 2025)
*	Wheelchair accessible
*	Undercover parking
*	20 year lease in place (5 x 5 x 5 x 5)
*	Lease start date was 21/10/2022
*	CPI increase each year
*	Option periods: 5% rent increase
*	Current year's lease is : $84,164.30 inclusive
*	Tenant pays for Rates, Water, Electricity
*	Body Corporate fees are paid by Landlord and is approx $1,200 per year (for 1/77th insurance for Common Areas). There are no further Body Corporate fees as the two Commercial lots have a separate Body Corporate to the Residential Lots of the Scarborough Beach Resort.
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 Location 
 Scarborough, QLD, Australia 
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