Willows Shopping Centre
Willows Shopping Centre is anchored by Woolworths, Coles, ALDI, and Big W (the only triple-supermarket anchored centre in Northern Queensland), complemented by mini-majors including Planet Fitness, TK Maxx, JB Hi-Fi, Cotton On, Rebel Sport, Best & Less, 129 specialty stores, 15 kiosks, and multiple external pad sites. The centre is a sub-regional shopping centre with high-quality finishes, excellent customer amenities, and extensive car parking across 2,700 bays. Significant investment has been made into the centre, including an $80 million Woolworths and fresh food expansion in 2017 and a $7 million Target reconfiguration in 2023, introducing ALDI, Planet Fitness, and TK Maxx, resulting in a 19% increase in foot traffic and longer dwell times.
The centre benefits from its strategic location 11km southeast of Townsville CBD, at the busy intersection of Bruce Highway and Ross River Road, capturing Townsville’s expanding western catchment. Willows Shopping Centre serves a large trade area of over 236,000 residents, projected to grow to more than 276,000 by 2041, with retail expenditure in the catchment forecast to reach $7.56 billion. The surrounding area features strong economic fundamentals, with Townsville contributing over $17 billion annually to Queensland’s economy and emerging as a hub for renewable energy, mining, and logistics.
Willows Shopping Centre attracts a diverse customer base, including families, commuters, and students. Its highly productive major retailers deliver a total moving annual turnover of $368 million, with top-performing majors generating $190 million. The centre also offers value-add development opportunities, including potential expansion of Coles, additional pad site developments, and flexible zoning for medium-density residential or commercial use.
Sub Regional
198,120
149
44,507
2,700
Tenants Include:
Centre Enquiries
Leasing
ashleigh.wearne@fawknerproperty.com.au, lewis@fawknerproperty.com.au, aaron.mcadam@fawknerproperty.com.au
Commercial Partnerships
bianca.patsalis@cbre.com
Property and General Enquiries
willows.townsville@cbre.com
IMPORTANT INFORMATION
Fawkner Property Ltd (ABN 49 147 265 281) holds an Australian Financial Services Licence (No. 437334) that authorises it to operate registered managed investment schemes. Where you are considering making investments in Fawkner products and services you should obtain a copy of the relevant target market information (TMD) for the fund that you are interested in. If after reading the TMD you would like to obtain further information you can contact us at info@fawknerproperty.com.au or by calling (03) 9856 4577. All product material is prepared based on the information we have available at the time and while all care has been taken in preparation any forecasts, opinions and estimates provided are based on assumptions, contingencies and market conditions which are subject to change without notice, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct, and should not be relied upon as an indication of future performance. Past performance is not a reliable indicator of future performance. Distribution forecasts are subject to the risks outlined in the product information material and distributions may vary in the future. Fawkner is not responsible for providing updated information to any person. If you are considering an investment in any fund (or deciding to continue to hold units in any fund) you should read the product material and consider all available information in relation to the offer, in particular information on the benefits and features of the relevant fund and the risks of, and fees and costs associated with, investing in a fund. Any investment is subject to risk, including possible delays in payment and loss of income and principal. Neither Fawkner, nor any of its associates, related entities or directors guarantee the performance of any investment or the repayment of monies invested. Fawkner will receive fees for operating its funds, in accordance with the relevant fund constitution. Related entities may also receive fees for managing the assets of, and providing resources to funds some of which are based on the value of a fund's assets. For more detail on fund fees, see the offer document for the relevant fund. You should read the offer document for a description of the risks associated with investing in a fund. You should read the TMD for a description of the target market for the fund.
