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Property Type

State

Status

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Closed

Private Property
Trust No. 9

Town Plaza, 37 Gill Street, Charters Towers Qld

Leased To

Trust

Private Property Trust No. 9

Purchase Date

24 November 2015

Price

$13,900,000

Property Profile

The undercover and airconditioned shopping mall comprises a single-level building and at-grade car park with vehicle accommodation for 97 cars, this provides the centre with valuable Town Centre parking and immediate access to the mall. The plaza also benefits from extensive parallel and angled street parking on all street frontages. The centre was substantially expanded and refurbished in 2001. Woolworths undertook a major store refurbishment in the middle of 2018.

The Town Plaza dominates its trade area, within a combination of national and local retailers. The Town Plaza is a key retail destination in the town, featuring the only major supermarket, financial banking services, fashion and leading food retailers. There are no other under cover air-conditioned malls or shopping centres in Charters Towers.

Charters Towers is situated 134 km inland (south west) from Townsville. Charters Towers is situated at the intersection of the Flinders Highway, joining Townsville and Mt Isa, and the Great Inland Way. Alongside mining and agriculture, Charters Towers enjoys an extensive tourism trade, with education and boarding schools also a large economic contributor to the town.

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