Description

JLL and CBRE are pleased to exclusively offer for sale Riverside Plaza, Queanbeyan, the dominant enclosed retail destination servicing the

growing Canberra-Queanbeyan corridor. Strategically positioned within the Queanbeyan CBD, just 12km from the Canberra CBD, the centre occupies a prominent 36,553 sqm town centre site and comprises 21,528 sqm of gross lettable area. Servicing a dual catchment of 63,701 residents and 4,390 workers, Riverside Plaza benefits from strong population growth and above-average household incomes. Riverside Plaza is anchored by a high performing Coles supermarket, with major and mini-major tenants contributing more than $81.2 million in turnover. This dominant performance is underpinned by specialty tenants reporting strong MAT productivity of $9,606/sqm. Riverside Plaza provides a diversified income profile across retail, services and office tenants, together with significant value-add potential and rental reversion, underpinned by specialty occupancy costs of just 11.7%.

Riverside Plaza is available for purchase via an Expressions of Interest campaign closing Thursday 12 November 2026 at 2:00pm AEDT.

...

Attributes

GLA

21,528 sqm

Site Area

36,553 sqm

Media

Investment Highlights

100% interest with management rights
Dominant enclosed retail centre servicing the growing Canberra-Queanbeyan corridor from a prominent 36,553sqm* CBD landholding
Strategic location just 12km SE from the Canberra CBD
Strong performing Coles-anchored centre with a total MAT of $117.9 million, including more than $81.2 million in major and mini-major turnover
Curated mix of national brands, convenience retail and essential services supporting resilient income
Attractive rental reversion opportunities with specialty occupancy costs of 11.7%
Significant value-add potential through leasing, repositioning and future value-add opportunities
Affluent and dual catchment of 63,701* residents, with household incomes materially above Australian and Rest of NSW averages