RARE RETAIL ASSET IN MOOLOOLABA, SUNSHINE COAST

Positioned on one of Mooloolaba’s most prominent beachfront corners, the RMC Syrenuse Fund comprises the retail and commercial component of the iconic Syrenuse building at 2 Brisbane Road. Offering 664m² of net lettable area across eight titles, the asset occupies a landmark location opposite Mooloolaba Beach and forms part of one of the Sunshine Coast’s most recognised mixed-use developments.

Originally completed in 1981, the award-winning building has remained under single ownership for more than four decades, making this a rare off-market acquisition. The property is home to a diverse mix of established retail, hospitality, health and professional service tenants, providing a strong income base while offering significant opportunities to enhance the asset through active management and strategic repositioning.

The acquisition aligns with RM Capital’s focus on securing tightly held assets in premium locations with long-term growth potential. Planned improvements include targeted capital upgrades, leasing initiatives and the potential to unlock additional value through future development opportunities, further strengthening the property’s position within one of Queensland’s most sought-after coastal destinations.

With Mooloolaba’s $80 million foreshore revitalisation nearing completion and continued investment transforming the surrounding precinct, Syrenuse is exceptionally well positioned to benefit from increased visitation, strengthening retail demand and the long-term evolution of one of Australia’s premier beachfront destinations.