News

Update on Dendy Street Beach Pavilion café lease

21 December 2022

Same Pty Ltd to operate the Dendy Beach Pavilion café

At its December meeting, Council considered community feedback about a lease to Same Pty Ltd to operate a café within the new Dendy Street Beach Pavilion and resolved to execute the lease on the following terms:

Commencement Date: The date an occupancy certificate is issued

Term: 15 years

Options for a further term: 1 option of 6 years

Commencing Annual Rent: $80,000 per annum, plus GST

Annual Turnover Rent: 7.5% of turnover in excess of $1,000,000

Rental Escalation: Fixed 5% of the rent payable in the prior year.

This lease will improve the visitor experience at the iconic Dendy Beach and Brighton Bathing Boxes, providing beach visitors with a range of family-friendly food and beverage options in a welcoming environment where they can dine in or take away seven days a week.