Rivergate Marina & Shipyard_Property for Sale

7 Rivergate Place, Murarrie, QLD, 4172, AU

Rivergate Marina & Shipyard

Asset description

JLL is proud to present for sale the Rivergate Marina and Shipyard, an extremely rare opportunity to acquire a high-performing marina and shipyard investment opportunity.

Established in 2006, this generational marina asset provides the rare opportunity to own and operate a marina with a broad range of capabilities servicing superyachts, recreational vessels, Defence, Government and commercial vessels from 9 metres up to 90 metres.

Located within Murrarie on the Banks of the Brisbane River, offering seamless vehicular access North and South via the Gateway Motorway whilst also being perfectly positioned only 14 kilometres from the mouth of the Brisbane River.

We take this opportunity to highlight some of the key features of the offering:

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Attributes

Building area gross

107,639 sf

Year built

2006

Occupancy

100%

Media

Investment highlights

We take this opportunity to highlight some of the key features of the offering:

Pinnacle Trophy Investment: First major marina and shipyard investment opportunity, within an Australian capital city offered to the market in over 20 years.
Development Potential: The property has an exciting, approved development scheme that proposes to develop the site’s 2.8ha of greenfield land to create the largest dedicated superyacht refit facility in Asia Pacific, capable of servicing up to 12 large vessels up to 90 metres and 3,000t.
Strategic Landholding: The best positioned superyacht marina and shipyard on the east coast of Australia, set to benefit from being the only marina in Brisbane for 2032 Olympic and Paralympic Games.
Industry Growth: The superyacht berthing and refit industry in Asia Pacific is currently booming – 1,100 new deliveries in 2022 alone.
Experience and Global Brand: An incoming owner has the ability to capitalise on the existing strong international brand and highly experienced project management team. The asset is complemented by a sophisticated global city and highly skilled on-site trades that are passionate about supporting the Australian marine industry.
Expansive Marina: The property occupies an expansive 4.16ha seabed lease. The marina provides various superyacht in-water services and an on water 400litres per minute high speed diesel fuel station.
Income Security: The Rivergate brand is a trusted company after operating in the Australian marine industry for over 17 years. Rivergate reported a $1,724,751 consolidated EBIDA position for the financial year end 2022.