Calamvale Central Shopping Centre Sells For $62 Million

THE Australian Property Growth Fund, as trustee for the Domaine SEQ Growth Fund which is being wound up, has sold the Calamvale Central Shopping Centre in Brisbane for $62 million.

The sale price reflects a yield of passing yield of 8.15 per cent.

The 17,326 square metre complex at 662 Compton Road in Calamvale, in the city’s southern suburbs, is anchored by two retailers until 2027: Woolworths and Big W. It also includes 61 specialty stores.

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