One of Queensland’s most celebrated coastal precincts, The Wharf Mooloolaba, has been listed for sale by long-term owners Evans Long, presenting an exceptional opportunity to acquire a flagship freehold asset on Australia’s highly sought-after east coast.
CBRE’s Michael Hedger, Wayne Bunz, and Joe Tynan have been exclusively appointed to manage the sale of this iconic property, which spans 6,964sqm of freehold land and offers 7,507sqm of net lettable area (NLA).
Originally developed in 1988 and acquired by Evans Long in 2016, The Wharf has undergone a transformative, multi-million-dollar refurbishment as part of the group’s strategic vision.
Dirk Long, Director of Evans Long said, “The Wharf has been a passion project for nearly 10 years. We’re extremely proud to have restored it as a community and tourist anchor, and we believe its next chapter will be even more exciting under new ownership.”
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The extensive repositioning unlocked a portion of the precinct from leasehold to freehold ownership and revitalized its offering, converting it into a vibrant, high-performing tourism and lifestyle hub. Today, The Wharf attracts over 2.2 million annual visitors with a strong mix of best-in-class restaurants, bars, retail outlets, and marine-based activities.
Enhancing its long-term investment appeal, the sale also includes a 50-year wet lease until 2074 over 2.083 hectares on the Mooloolah River, incorporating a 57-berth marina.
CBRE’s Queensland State Director, Retail, Michael Hedger commented, “The Wharf is poised for significant future growth being advantageously located in the Sunshine Coast, a globally recognised tourism destination that welcomes more than 4.34 million domestic and international visitors 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.
The offering includes prominent, underutilized waterfront space, an ideal platform for an innovative investor to value add and capitalise on strong market demand. Additionally, there is immediate upside potential through tenancy remixing and further precinct activation.
National Director, Hotels, Wayne Bunz said, “Waterfront freehold assets of this calibre on Australia’s east coast remain incredibly scarce. When we talk about landmark investments, this is precisely what we mean. The Wharf is the kind of generational opportunity that draws the attention of both institutional and private capital, it’s a magnet for lifestyle, leisure and commerce, with enduring value on every level.”
Expressions of Interest close on 2nd October 2025 at 4:00pm AEST (unless sold prior).
