Down Under Submarines has unveiled a multimillion-dollar yellow submarine on the Sunshine Coast.

The SUBCAT-30 is the first tourist submarine of its type in Australia. It carries 27 passengers and will descend to 30m deep, giving passengers views of underwater marine life. Currently skippers are in training to helm the Subcat-30. 

Down Under Submarines founder Alexey Alexeenko, hopes preparation will be complete for submarine tours in September.