This article is from the Australian Property Journal archive
BROOKFIELD Multiplex and Hawaiian Property Group’s have decided to sell the Carillon City shopping centre and office complex in Perth’s CBD.
The 18,059sqm complex is home to the flagship Topshop and Topman stores, three mini-major tenancies, 104 specialty shops and kiosks as well as a 14-level office tower with 47 tenancies.
The property is being marketed by JLL’s Simon Rooney, who said the complex is one of just 20 CBD shopping centres nationally more than 10,000sqm in size, and one of three in the Perth CBD.
“The stock base for major CBD shopping centres in Australia is limited and historically have been very rarely traded. We therefore expect Carillon City will be keenly sought,” Rooney said.
“Carillon City is a highly strategic investment future redevelopment opportunity, a landmark site with unmatched exposure to the bustling Murray and Hay Street Malls, the most connected retailing destination in the Perth CBD and provides significant value-enhancement opportunities.
“Carillon City has unparalleled connectivity to the adjoining and nearby Forrest Chase (Myer), David Jones, and Trinity Arcade, providing an inter-connected and dominant retail precinct, harnessing significant pedestrian flows and presenting obvious development opportunities.” He concluded.
Australian Property Journal