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Image Credit The Wharf Mooloolaba
The Wharf Mooloolaba, a coastal precinct in Queensland, has been listed for sale by its current owners, Evans Long. The property spans 6,964 square meters of freehold land and includes 7,507 square meters of net lettable area. CBRE representatives Michael Hedger, Wayne Bunz, and Joe Tynan are handling the sale.
Development and Refurbishment
Originally developed in 1988, The Wharf was acquired by Evans Long in 2016. Since then, it has undergone a multi-million-dollar refurbishment. This redevelopment included converting parts of the precinct from leasehold to freehold ownership, enhancing its appeal as a tourism and lifestyle hub.
Visitor and Tenant Information
The Wharf attracts over 2.2 million visitors annually, offering a mix of restaurants, bars, retail outlets, and marine activities. The property also includes a 50-year wet lease over 2.083 hectares on the Mooloolah River, featuring a 57-berth marina.
Investment Appeal
The property is located in the Sunshine Coast, a recognized tourism destination with over 4.34 million visitors annually. The area is expected to benefit from upcoming infrastructure developments related to the 2032 Olympic Games and new hotel projects valued at $350 million and $250 million, respectively.
Financial Details
The Wharf offers a diversified income stream from food, beverage, hospitality, and retail sectors. It has a weighted average lease expiry (WALE) of 7.9 years by income and 12.8 years by area. The property presents opportunities for further development and tenant remixing.
Sale Process
Expressions of Interest for the property close on October 2, 2025, at 4:00 pm AEST, unless sold prior.
