Anchored by the region’s only cinema complex, the landmark asset delivers secure income, a diverse tenancy mix and exceptional repositioning potential.
The iconic Noosa Cinema Complex has been listed for sale in a landmark campaign expected to draw national investor attention, representing one of the largest commercial property offerings to hit the Noosa Heads market in recent years.
Located at 29 Sunshine Beach Road, Noosa Heads, the site is being offered for sale, by Colliers agents Nick Dowling, Reff Sykes and Jesse Howitt, in one line for the first time, providing a rare opportunity to secure a substantial freehold-style investment in the heart of Noosa Junction.
The offering comprises 12 strata-titled lots across a prominent 2,475sqm landholding with a combined 3,086sqm net lettable area. Anchored by the region’s only cinema complex within a 40-kilometre radius, the property occupies one of Noosa Junction’s most prominent and strategically positioned sites.
The asset generates an estimated fully leased net income of approximately $1.685 million per annum and is supported by a 4.2-year weighted average lease expiry (WALE). The income profile is underpinned by a long-term lease to Birch Carroll & Coyle Limited, part of ASX-listed Event Hospitality & Entertainment, providing investors with secure cash flow from a nationally recognised entertainment operator.
Operating continuously since 1985, the Noosa Cinema Complex has become an integral part of the local community and a longstanding entertainment destination for both residents and the region’s millions of annual visitors.
In addition to its strong income profile, the property offers compelling long-term upside through repositioning or redevelopment opportunities. The site features an expansive 60-metre frontage to Sunshine Beach Road and an underutilised forecourt area, creating the potential to unlock additional value over time.
Positioned within Noosa Junction’s vibrant retail, dining and commercial precinct, the property enjoys exceptional connectivity, with immediate access to major public transport infrastructure and a neighbouring public car park providing more than 240 spaces. The asset is also located less than five minutes from Hastings Street and Noosa Main Beach, reinforcing its strategic location within one of Australia’s premier lifestyle destinations.
The tenancy profile comprises a diverse mix of national and established local operators spanning retail, hospitality, health and professional services, providing a broad and resilient income base.
Colliers Sunshine Coast Managing Director Nick Dowling said the opportunity was unmatched in the current Sunshine Coast market.
“Opportunities of this scale, profile and strategic positioning rarely become available in Noosa Heads. This asset combines secure income from a nationally recognised entertainment operator with genuine value-add and redevelopment potential, creating one of the most compelling investment opportunities currently available on the Sunshine Coast,” Nick Dowling said.
“Noosa remains one of Australia’s most tightly held commercial markets, with exceptionally limited opportunities to acquire assets of this size in such a prime location. We expect strong interest from private investors, syndicates and institutional groups seeking long-term exposure to one of the country’s most sought-after lifestyle and tourism destinations.”
29 Sunshine Beach Road, Noosa Heads is being offered for sale via Offers to Purchase, closing Thursday, 6 August 2026 at 4:00pm (AEST).
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