Best known as the home of Range Brewing’s Patio, the centre has become a local landmark, not just for beer lovers, but for the broader Paddington community. Blending award-winning design with a strong neighbourhood feel, Patio has cemented itself as a popular meeting point for residents, families, and visitors alike.
Now, the property that houses the popular venue - along with four other complementary tenancies including Mortgage Choice (REA Group), a café, and allied health services - is being offered for sale by auction on Friday, 14 November 2025.
“Rosalie Village is the kind of place where people still know their barista, where locals unwind with a beer at the end of the week, and where community is central to the area’s identity,” said RWC Retail’s Michael Feltoe. “Patio is a great example of that, it’s a neighbourhood institution.”
Situated on a 663sqm corner site in the heart of Rosalie Village, a precinct that’s been a part of Brisbane’s retail fabric since the 1890s, the fully-leased 408sqm centre is 2km from the Brisbane CBD and sits opposite Milton State School. With long-term leases in place and a net income of $282,448 + GST per annum, the centre represents a low-maintenance investment opportunity with secure income.
“This is as close as you’ll get to the perfect passive investment,” said Mr Feltoe. “The centre has long-term leases, minimal management, strong annual rental growth, and an anchor tenant with national brand strength and a loyal local following.”
The site benefits from exposure to 135,100 vehicles weekly and a surrounding catchment with household incomes 115 per cent higher than the Queensland average.
The centre’s main drawcard remains its anchor tenant. Range Brewing, one of Australia’s most respected craft breweries, opened Patio as its flagship Brisbane venue in 2021. It has since become a key fixture in Paddington’s social and cultural life, with a loyal following and a reputation for quality.
“When we talk about blue-chip real estate, we often think of the numbers,” said RWC Retail’s Lachlan O’Keeffe. “But here, the story is just as much about the place, a well-loved venue in a heritage retail village, woven into the rhythms of the neighbourhood.”
“Paddington is one of Brisbane’s most desirable inner-city suburbs, and Rosalie Village has been a destination precinct for more than a century,” Mr O’Keeffe said. “It’s blue-chip real estate that works day and night, and when the rent keeps rolling in, it’s easy to see why these assets are so tightly held.”
With a weighted average lease expiry (WALE) of 4.98 years and Range Brewing secured until 2033, the property offers stability with upside. Strong annual rent increases, recoverable outgoings, and a mix of national and local tenants further support the investment profile.
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