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Eumundi Voice - Issue 102, 19 September 2024
MATSO’S BREWERY FOR SALE
The recently renovated Matso’s Sunshine Coast Brewery in Eumundi is on the market as a sale and lease back offering.
JLL Hotels and Hospitality Group is selling the brewery with Good Drinks Australia (GDA) to remain as a tenant under a long-term lease. The site is set on 3474sqm and includes a brewery, restaurant and beer garden.
The property has recently undergone a major $7.5M redevelopment of the building. The redevelopment of the hotel – formerly known as
Joe’s Waterhole – preserved the original heritage portion of the hotel and front bar, which has operated as a pub since 1896. New additions include an expansive dining area with a new bar and restaurant, large seating area and high ceilings, as well as a new kitchen.
GDA Hospitality Director Aaron Heary said, “We felt it was the perfect place for our second home to allow us to share Matso’s with more people and to better immerse ourselves into the local community. Cont. p3
“However, the land came as part of the acquisition of the venue, and we are brandbuilders at heart, not land holders. The sale and lease back of the land will free up capital to allow us to double down on our investment in our brands and to continue to grow in the Qld market,” said Aaron.
The expression of interest campaign to buy the brewery closes 3 October at 2pm, if not sold prior.
