Key tenancies are up for lease in the prominent Mermaid Beach precinct.The iconic Sizzler restaurant space fronting the Gold Coast Highway in Mermaid Beach has been advertised for lease along with other key tenancies in the prominent retail precinct.The Sizzler space at 2506 Gold Coast Highway is being marketed as ‘The Best Retail Space in Mermaid Beach. First Time on the Market in 35 Years’.The award-winning Sizzler has long been a family favourite on the Gold Coast, offering buffet-style dining for breakfast, lunch and dinner sessions seven days a week. Two cinemas are being offered for lease in original condition.The Mermaid Beach cinema closed in 2002, following the opening of new cinemas at Pacific Fair and Robina Town Centre.Tenancy on two 750 sqm movie theatres in original condition are now being offered for lease for the first time in 18 years.Featuring the original layout and art deco styling, the space could be reconfigured for laser tag, sound booths or other retail options, according to the listing. A tenancy is also available inside the St George on Mermaid Beach Medical Centre.A 821 sqm space at 1/2509 Gold Coast Highway, Mermaid Beach is also advertised for lease.Allied health professionals have been named as suitable tenants in the newly opened St George on Mermaid Beach Medical Centre which joins the existing Mermaid Beach Chempro Chemist. MORE: New York-inspired warehouse conversion a first for Byron Gold Coast’s newest million-dollar suburb BREAKING: Melbourne couple splashes record $12.5m on mega mansion The Mermaid Cinema Centre in its heyday.Price is available on application, with the realcommercial.com.au listing stating that ‘Negotiable COVID-19 Rental Incentives’ are being offered for the stand-alone Sizzler site and two neighbouring tenancies. Also up for lease is part of the former Mermaid Cinema Centre at 2507 Gold Coast Highway. First opened in the early 1980s, the complex was at one point the largest cinema in Queensland with five theatres seating up to 1600 people. With McDonalds, KFC, Sizzler and the Putt-Putt Golf Mermaid Beach all nearby, the cinema precinct became a popular entertainment and dining hotspot for Gold Coast families. More from news02:37International architect Desmond Brooks selling luxury beach villa7 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago Palm Beach’s cutest cottage sold in 24 hours Sizzler has long been a family favourite on the Gold Coast.Leasing agent Ricky Mahuika said he couldn’t comment on “whether they’re [Sizzler] staying or they’re going”, citing commercial in confidence.The Mermaid Beach outlet, which continues to trade, is one of nine Sizzler restaurants remaining in Australia, including Caboolture, Loganholme, Maroochydore, and Toowoomba in Queensland, Campbelltown in NSW and Innaloo, Kelmscott and Morley in Western Australia.The Rockhampton branch closed in March after 31 years of trading. The 650 sqm Mermaid Beach restaurant has a high-profile position fronting the Gold Coast Highway with neighbours including KFC, a medical centre and pharmacy.