Townsville Shopping Centre

Townsville Shopping Centre is a shopping centre in Aitkenvale, a suburb within the urban area of Townsville, Queensland. The property was developed from an earlier retail complex known as Nathan Plaza, a name associated with the street along which the centre is located. Following a major redevelopment, the centre opened in its modern form in 1987. The centre has served as a significant retail destination for Townsville and is positioned close to the city’s central urban area. Its tenant mix has included department-store, supermarket, discount department-store, specialty retail and food-and-beverage uses. The centre was also associated with Townsville’s first Big W store. Public transport has been an important part of its accessibility: the property is served by buses and functions as one of the major interchanges on the Translink Townsville network. A taxi interchange is located at the main entrance. A major expansion and refurbishment was completed in 2012. The upgraded centre opened a new two-level Myer department store, a Woolworths supermarket, the Rebel sporting-goods retailer and additional specialty stores. The redevelopment also introduced a 750-seat food court, broadening the property’s role from a conventional retail centre into a larger shopping and dining destination. The centre’s ownership and branding changed several times during the 2010s and 2020s. In September 2012, Centro sold the nearby centre across the road, which contained Kmart and Coles, to Stockland. That property was renamed Stockland Townsville and was later renamed The Intersection. The name Stockland Townsville was therefore used for the former Centro property rather than representing the current official name of the Wikipedia subject. In September 2023, Dexus sold its 50 percent interest in the centre to Haben Property Group. In December 2023, Haben acquired the remaining 50 percent interest from Stockland, after which the centre was renamed Townsville Shopping Centre. The property is therefore best understood as an Australian shopping-centre asset with a long local retail history, rather than as a standalone consumer-goods brand. Its current identity reflects the post-2023 ownership and naming change, while the Stockland Townsville name remains an important former name and source of historical association.

Townsville Shopping Centre developed from Nathan Plaza, an earlier retail complex named after the street running alongside the property in Aitkenvale. After a major redevelopment, the centre opened in 1987 and became an established shopping destination within the Townsville urban area. Its retail role expanded through a substantial redevelopment completed in 2012. The project added a new two-level Myer department store, a Woolworths supermarket, Rebel and other specialty retailers. It also created a 750-seat food court, strengthening the centre’s food-and-beverage offer and increasing its capacity as a regional shopping destination. The property was additionally notable for being home to Townsville’s first Big W store. The centre is connected to the local public transport network. Bus services operate from a major Translink Townsville interchange at the Ross River Road entrance, and taxis use an interchange at the main entrance. These connections support the centre’s role as both a retail destination and an accessible urban activity node. Ownership and naming became more complex in 2012. In September of that year, Centro sold the centre located across the road, containing Kmart and Coles, to Stockland. That separate property was renamed Stockland Townsville and later renamed The Intersection. The name Stockland Townsville is consequently a former name associated with the nearby property and should not be used to redefine the Wikipedia subject as a Stockland-branded centre. In September 2023, Dexus sold its 50 percent interest in the subject property to Haben Property Group. In December 2023, Haben purchased the remaining 50 percent from Stockland. Following the completion of that transaction, the centre was renamed Townsville Shopping Centre. The current property identity therefore reflects Haben’s consolidated ownership and the restoration of the centre’s Townsville Shopping Centre name.

• 2023

  Haben acquires Dexus shareholding

  [1]Townsville Shopping Centreen.wikipedia.org

  Haben Property Group acquires Dexus’s 50 percent interest.

• 2023

  Haben acquires remaining interest and restores centre name

  [1]Townsville Shopping Centreen.wikipedia.org

  Haben purchases the remaining 50 percent from Stockland, and the property is renamed Townsville Shopping Centre.

• 2012

  Major expansion completed

  [1]Townsville Shopping Centreen.wikipedia.org

  A redevelopment adds a two-level Myer, Woolworths, Rebel, specialty retailers and a 750-seat food court.

• 2012

  Nearby Centro property becomes Stockland Townsville

  [1]Townsville Shopping Centreen.wikipedia.org

  Stockland acquires the centre across the road from Centro and changes its name to Stockland Townsville; it is later renamed The Intersection.

• 1987

  Townsville Shopping Centre opens

  [1]Townsville Shopping Centreen.wikipedia.org

  The centre opens after a major redevelopment of the former Nathan Plaza.

A major local shopping and transport-accessible retail destination serving Townsville and surrounding communities, combining department-store, supermarket, specialty-retail and food-court uses.

• Department store · 2012

  Myer

  A two-level Myer department store opened as part of the centre’s 2012 redevelopment, adding a broad department-store anchor to the property.

• Supermarket · 2012

  Woolworths

  A Woolworths supermarket was included in the 2012 expansion, providing a grocery anchor within the centre’s enlarged retail mix.

• Sporting-goods retail · 2012

  Rebel

  Rebel was added as a mini-major sporting-goods retailer during the 2012 redevelopment.

• Discount department store

  Big W

  The centre was home to Townsville’s first Big W store, giving it an important local discount department-store presence.

• Food and beverage · 2012

  Food court

  The 2012 redevelopment created a food court seating approximately 750 people, making dining a substantial part of the centre’s customer offer.

• 2023

  Haben consolidates ownershipM&A

  Background

  Dexus held a 50 percent interest and Stockland held the remaining 50 percent interest before the transactions.

  Action taken

  Haben acquired Dexus’s half in September and Stockland’s half in December.

  Aftermath

  Haben became the owner and the property resumed the Townsville Shopping Centre name.

  Source

• 2012

  Major centre redevelopmentStrategy

  Background

  The property required a substantial upgrade to expand its retail and dining capacity.

  Action taken

  The centre added a two-level Myer, Woolworths, Rebel, specialty stores and a 750-seat food court.

  Aftermath

  The redevelopment established a larger-format shopping and dining destination in Townsville.

  Source

1. 1Townsville Shopping Centreen.wikipedia.org