Brisbane, 3 October 2013- A popular brewery and restaurant perched on top of Tamborine Mountain has been listed for sale.
CBRE Hotels are pleased to offer for sale the exclusive opportunity to purchase the freehold going concern interest in the Mount Tamborine Brewery.
The brewery occupies a 18,370sqm site with a single storey modern style building which features open and airy spaces, with multiple areas to dine and enjoy the mountain air.The modern architecture brings the outside in, with exposed beams and high glass doors. The building houses a restaurant, micro-brewery producing award winning beers, beer garden, cheese manufacturing facility and a tourist shop.In addition, there is a modern three bedroom owner’s residence with two bathrooms and dual living areas on site, as well as parking for 80 cars and coach parking.
The brewery has the capability to produce 2,500 litres of beer on-site every day with 6 conditioning tanks (30,000L) and 3 holding tanks (15,000L). The Cheese manufacturing facility has a cheese production capacity of 250kg per day.
Tom Gibson and Glenn Price from CBRE Hotels are marketing the property.
Mr Gibson said they expect high levels of enquiries from a wide range of investors due to the current interest in the boutique beer market.
“Considering the asset is afforded with vacant possession, we anticipate strong interest from both strategic investors looking to expand current operations, and privates seeking a lifestyle change.” Mr Gibson said.
It is the first time the property has been brought to the market since its inception in 2008.
“The business includes several well-known local favourites, including the Mount Tambourine Micro-Brewery (MT Beer), Witches Chase Cheese Company and the Liquid Amber Restaurant, all of which have been run successfully under full management,” said Mr Price.
“This is already a well-known and popular venue and the new owners will have minimal CAPEX, as well as significant depreciation benefits.However, there is the potential to further develop the site under current council guidelines (subject to council approval),” said Mr Gibson.
The sale includes the Commercial Producer/Wholesaler Licence (subject to the approval from the Office of Liquor Gaming and Racing for the transfer of the licence).
Tamborine Mountain is conveniently located in the Gold Coast hinterland less than an hour from Brisbane’s CBD and Surfers Paradise.
The freehold property, together with the Queensland Commercial Producer/Wholesaler Licence are being offered for sale exclusively through CBRE Hotels by way of an Expression of Interest campaign closing at 1pm on Thursday 7th November 2013.
For further information, or to arrange an inspection of the property, please contact the exclusive agents: