HomeCo. Carlingford Court
A suburban shopping centre in Carlingford, in Sydney's Northern suburbs, Australia.
Last updated August 25, 2026
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Overview
HomeCo. Carlingford Court is a shopping centre in Carlingford, New South Wales, serving communities in Sydney's Northern suburbs and adjoining areas of the Hills District and Greater Western Sydney. The centre opened in 1965 on land that had previously been used as an orchard and nursery. It began as the Village Centre, with Woolworths as a principal tenant, a later Farmers department store, and approximately 50 shops. Farmers was subsequently rebranded as Grace Bros in 1984 and then became a Myer store in 2004. The property expanded during the 1970s, when a second level was added and retailers including Venture and Best & Less joined the tenant mix. The centre adopted the Carlingford Court name during this period. A major ownership and physical transformation followed in the late 1980s. Growth Equities Mutual Ltd acquired the centre in 1985 for approximately A$29 million and carried out a refurbishment estimated at A$30 million between 1987 and 1989. The project reorganised the centre, altered its car parking, added about 40 stores and introduced a food court. A freestanding KFC buffet restaurant and a drive-through bottle shop were also developed in the car park. During the 1990s, the centre's department-store and supermarket mix continued to change. Venture was targeted for closure in 1992 and its space was taken by Target. Growth Equities Mutual was sold to Lend Lease Corporation in 1994 for approximately A$40 million, while the centre was valued at more than A$90 million at the time. Lend Lease later considered a further redevelopment intended to create an urban-village atmosphere, with more independent retailers, specialist food operators and improved community facilities. A substantial redevelopment began in February 2000. Around 40 stores were relocated and approximately 40 new retailers were introduced. The former Myer Grace Bros department-store space was reconfigured, with a Coles supermarket occupying part of the ground floor and a new fresh-food precinct positioned between Coles and Woolworths. The redevelopment also reshaped the food court, relocated existing fast-food operations, added parking and upgraded community amenities, including a community centre and gym and pool facilities. Myer's two-level store closed in March 2006, and Target moved into the former department-store premises later that year. The former Target area was subsequently occupied by retailers including Bing Lee, Go-Lo and Priceline. Ownership changed again in 2013, when Federation Centres and Telstra Super jointly acquired the centre from the GPT Wholesale Shopping Centre Fund. Federation Centres managed the property until its 2015 merger with Novion Property Group created Vicinity Centres. Vicinity subsequently became one of the centre's co-owners and operators. In the 2020 COVID-19 period, the centre remained open for essential services, while food and beverage businesses shifted to takeaway and delivery and retailers introduced click-and-collect services. Health and safety measures included hand-sanitiser stations, distancing signage and restrictions on food-court seating. The centre's ownership and branding changed in the 2020s. JY Group acquired Telstra Super's 50 percent interest in September 2022. Vicinity later agreed to sell its interest, with the Carlingford Court transaction completed in April 2025. The property was then rebranded HomeCo. Carlingford Court. It has approximately 33,298 square metres of floor space, multi-level parking for 1,427 vehicles and bus connections along Pennant Hills Road and Rembrandt Street. Major tenants have included Coles, Woolworths, Target and Fitness First. HomeCo announced that the two-level Target store was scheduled to close in October 2026 following a decision not to renew its lease, with the space intended for supermarket-related redevelopment; any replacement tenant remained unconfirmed in the available material.
History
Carlingford Court developed from a 1965 suburban retail project known as the Village Centre. Built on a former orchard and nursery site, the original centre included Woolworths, a later Farmers department store and about 50 shops. Farmers was later converted first to Grace Bros and then to Myer. During the 1970s, the centre gained a second level and additional major retailers, including Venture and Best & Less, and adopted the Carlingford Court name. Growth Equities Mutual Ltd acquired the property in 1985. Its late-1980s refurbishment cost approximately A$30 million and reshaped both the retail layout and car-parking arrangements. The project added around 40 stores, a food court, a freestanding KFC buffet restaurant and a drive-through bottle shop. Venture was earmarked for closure in 1992 and replaced by Target. In 1994, Growth Equities Mutual was sold to Lend Lease Corporation for approximately A$40 million. Lend Lease later proposed a further redevelopment intended to give the centre an urban-village character, with more independent retailers, specialist food businesses and upgraded community facilities. The next major redevelopment commenced in February 2000. It relocated approximately 40 stores and introduced a similar number of new retailers. The Myer Grace Bros store was refurbished and reconfigured, while part of its ground-floor area became a 3,500-square-metre Coles supermarket, replacing Franklins. A fresh-food precinct was created between Coles and Woolworths. The project also removed the former freestanding KFC and drive-through bottle shop to make room for additional parking and a new strip of shops. Food and takeaway operations were reorganised around the food court, and community facilities, a gym and a pool were upgraded. Myer's two-level store closed on 31 March 2006. Target subsequently opened in the former Myer premises in November of that year, while Bing Lee, Go-Lo and Priceline later occupied the former Target location. In December 2013, Federation Centres and Telstra Super jointly acquired the centre from the GPT Wholesale Shopping Centre Fund. Federation Centres managed the asset and, following its 2015 merger with Novion Property Group, the centre came under Vicinity Centres' control. During the COVID-19 pandemic, Carlingford Court continued serving essential retail and service needs. Non-essential and food operators adjusted through click-and-collect, delivery and takeaway, while the food-court seating area was closed and hygiene, signage and distancing measures were implemented. Ownership changed again in the 2020s. JY Group acquired Telstra Super's 50 percent stake in September 2022. Vicinity sold its own interest as part of a later disposal process, with the Carlingford Court transaction completed in April 2025. The property was then rebranded HomeCo. Carlingford Court. The centre has approximately 33,298 square metres of floor space, 1,427 car-parking spaces and bus access through the Pennant Hills Road and Rembrandt Street corridors. HomeCo announced a planned October 2026 closure of Target and proposed using the vacated area for supermarket space, although no replacement operator was confirmed in the supplied material.
- 2025
Property is rebranded HomeCo. Carlingford Court
[1]Vicinity's interest is sold to the Last Mile Retail Logistics Fund managed by HMC Capital, and the centre adopts the HomeCo. Carlingford Court name.
- 2022
JY Group buys Telstra Super's stake
[1]JY Group acquires Telstra Super's 50 percent interest in the centre.
- 2020
COVID-19 operating restrictions introduced
[1]Essential services remain open while dining, customer seating, click-and-collect and hygiene procedures are adjusted in response to the pandemic.
- 2015
Vicinity Centres is formed
[1]Federation Centres merges with Novion Property Group, placing Carlingford Court under Vicinity Centres' control.
- 2013
Federation Centres and Telstra Super become joint owners
[1]The centre is acquired from the GPT Wholesale Shopping Centre Fund, with Federation Centres responsible for management and operations.
- 2006
Myer closes and Target relocates
[1]Myer's two-level store closes in March, and Target opens in the former department-store space in November.
- 2000
Major redevelopment introduces Coles and a fresh-food precinct
[1]The centre undergoes a major redevelopment involving store relocations, new retailers, a Coles supermarket, fresh-food facilities, expanded parking and upgraded community amenities.
- 1994
Lend Lease acquires the property
[1]Lend Lease Corporation purchases Growth Equities Mutual, bringing the centre into its portfolio.
- 1992
Venture is replaced by Target
[1]The Venture store is earmarked for closure and its location is subsequently occupied by Target.
- 1987
Late-1980s refurbishment begins
[1]A refurbishment running from 1987 to 1989 restructures the centre, expands retail and dining space, and changes the car park.
Products and positioning
A large, convenience-oriented suburban shopping centre serving local households through supermarkets, department-store and specialty retail, food services, fitness, health and community amenities.
Supermarket · 2000
Coles
A major supermarket introduced during the 2000 redevelopment in part of the former Myer Grace Bros ground-floor area. Coles forms one of the centre's principal grocery anchors alongside Woolworths.
Supermarket · 1965
Woolworths
Woolworths has been a principal tenant since the centre's opening as the Village Centre in 1965. It remains one of the key supermarket anchors serving the surrounding residential catchment.
Discount department store · 1992
Target
Target replaced Venture in the early 1990s and later moved into the former two-level Myer premises, opening there in November 2006. HomeCo announced that the store was expected to close in October 2026 after its lease was not renewed.
Food retail · 2000
Fresh-food precinct
The 2000 redevelopment created a dedicated fresh-food precinct between the Coles and Woolworths supermarkets, strengthening the centre's convenience and grocery proposition.
Food and beverage · 1989
Food court and dining facilities
Carlingford Court's food offering includes a food court and takeaway-oriented dining facilities. The 2000 redevelopment reorganised earlier fast-food operations and created additional dining space connected to the centre's retail circulation.
Fitness and leisure
Fitness First
Fitness First is identified as one of the centre's major retailers and represents the property's fitness and service component alongside its shopping, dining and community facilities.
Brand decisions
2026
Repurpose the Target premises for supermarket useStrategyBackground
HomeCo decided not to renew Target's lease at the centre.
Action taken
HomeCo announced the planned closure of the two-level Target store in October 2026 and proposed converting the premises to supermarket space.
Aftermath
The replacement supermarket operator was not confirmed in the supplied source material; suggestions of a possible Aldi store were described as speculation.
2025
Transfer ownership and rebrand the centreM&ABackground
Vicinity Centres disposed of its interest in Carlingford Court after the property had been jointly owned with other investment partners.
Action taken
The Last Mile Retail Logistics Fund, managed by HMC Capital, acquired Vicinity's 50 percent interest, after which the property was rebranded HomeCo. Carlingford Court.
Aftermath
The asset moved into the HomeCo property platform while retaining its established suburban shopping-centre role.
Reported transaction value for Vicinity's 50 percent interest. A$120 million (Transaction completed April 2025)
2020
Maintain essential retail operations during COVID-19StrategyBackground
Public-health restrictions limited non-essential retail, in-person dining and the use of shared customer seating.
Action taken
Essential retailers remained open, food businesses shifted to takeaway and delivery, retailers introduced click-and-collect, and the centre added sanitiser stations, distancing signage and other safety measures.
Aftermath
The centre continued providing essential shopping and services while adapting customer access and dining operations to pandemic restrictions.
2000
Redevelop the centre around grocery, fresh food and community servicesStrategyBackground
The centre needed a broader and more contemporary suburban-shopping offer after earlier expansions and changes in department-store retail.
Action taken
The redevelopment relocated about 40 stores, added about 40 retailers, introduced Coles, created a fresh-food precinct, reworked dining and parking, and upgraded community and fitness facilities.
Aftermath
The project materially expanded and modernised the centre's tenant mix and reinforced its role as a convenience-oriented community shopping destination.
Sources2 sources
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