Local dock latest maritime facility offered for sale

A popular local marina is the latest to be put on the market, following the successful sale of GeelongPort for $1.1b late last year.

Queenscliff Harbour is expected to fetch at least $30m after expressions of interest have been sought by agencies JLL, LAWD and Advise Transact.

Included in the property sale is more than 250 wet berths, room for 125 in dry storage, as well as leased retails and commercial office space.

LAWD’s senior director Danny Thomas told the Herald Sun the facility has been looked after by the current owners

“Whilst the asset has been well managed by the existing owners, as soon as our firm analysed the opportunity and assessed key market drivers, it became very clear that an incoming purchaser would benefit greatly from a range of opportunities to add further value to the asset,”