The Wharf Mooloolaba in Queensland, one of the most celebrated coastal precincts in Australia, is now for sale. Long-time owners Evans Long have listed this asset, which represents a unique opportunity to own a freehold asset along Australia’s sought-after East Coast.
CBRE’s Michael Hedger Wayne Bunz and Joe Tynan were appointed exclusively to handle the sale of this iconic building, which covers 6,964sqm in freehold and 7,507sqm in net lettable areas (NLA).
The Wharf, originally developed in 1988 and purchased by Evans Long in 2016 has undergone a multi-million dollar refurbishment to reflect the strategic vision of the group.
Dirk Long, director of Evans Long, said that “The Wharf was a passion project since nearly 10 years.” We are very proud to have restored the Wharf as a community and tourism anchor. The next chapter of its story will be more exciting with a new owner.
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A portion of the precinct was converted from a leasehold to a freehold and its offerings were revitalized, turning it into a high-performance tourism and lifestyle hub. The Wharf is a popular destination for over 2.2 millions visitors annually, thanks to a mix of top-notch restaurants, bars and retail outlets as well as marine-based activities.
The sale includes a wet lease of 50 years until 2074 on 2.083 hectares along the Mooloolah River. This includes a 57-berth Marina.
Michael Hedger of CBRE, Queensland State Director for Retail, said, “The Wharf, located on the Sunshine Coast is well positioned to grow in future. It’s a destination that attracts domestic and foreign visitors, with more than 4,34 million visiting annually.” The precinct is also set to benefit from future 2032 Olympic Games infrastructure, the Aria $350 million 5-star hotel development, and KPAT’s $250 million ‘The Avani’ hotel development.”
The precinct benefits from a resilient and diversified income stream spanning food & beverage, hospitality, and retail, underpinned by an impressive 7.9-year WALE by income (12.8 years by area) with guaranteed income growth via desirable net leases.
This offering offers prominent waterfront space that is underutilized, which can be used by an innovative investor to add value and capitalize on the strong market demand. The offering also offers immediate upside potential, through tenancy remixing or further activation of the precinct.
Wayne Bunz, National Director of Hotels, said: “Waterfront freehold properties of this calibre remain extremely scarce on Australia’s East Coast. This is what we refer to when we speak of landmark investments. The Wharf offers a unique opportunity for both private and institutional capital. It is a magnet that attracts lifestyle, leisure, and commerce.
Expressions Of Interest close 2nd October 2025, 4:00pm AEST
