Property and Services Offices Business - Scarborough QLD

30 days ago

Elevate Business Brokers Pty Ltd

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Michelle Sytsma
 

Summary

Professional centre in Scarborough with 11 offices (95% occupancy), 4% rent increases, secure parking, strong EBITDA (~$187k–$200k), modern fitout, bay views, and prime location near cafés.

Revenue

$275,000 pa

Expenses

$64,000 pa

Net Profit

$212,000 pa

Location Details

Unit 4 91 Landsborough Avenue, Scarborough QLD 4020

About the Business

Professional Centre located in the heart of Scarborough Business Precinct with strong fixed income and future growth.
 North Brisbane’s Premier Professional Business Centre
 11 commercial office spaces at 95% occupancy
o Fixed 4.0% Annual Rent Increases.
o Provides long-term and short-term office space and facilities
o Private secure carparking, providing 3 exclusive car spaces
 Growing Serviced Business Centre
o FY25 EBITDA $187,500 pa + GST
o Projected FY26 EBITDA ~$200,000 pa + GST
 One of Brisbane’s High Growth Bayside Suburbs for Professionals
 Delivering extraordinary growth in leasing rates.
 Impressive ~12.0m first floor vista to Moreton Bay
 High quality fitout – state of the art IT and NBN services
 Fully Air-conditioned + Home Automation + Video Security
 Bustling, iconic location renowned for cafés and eateries

History

Scarborough Business Centre is located on Level 1, 91 Landsborough Avenue, at the prominent corner of Landsborough Avenue and Bunton Street within the Scarborough Business Precinct. The 281m² site (approx.) occupies part of a two-storey building with ~12m frontage and bay views. Refurbished between 2019–2020, it offers 9 office suites, reception, business lounge, meeting room, shared kitchen and modern amenities. Secure access throughout, with 3 exclusive on-site car parks and nearby council parking.

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