An artist's impression of Karalee Shopping Village in Ipswich where work is due to start to more than double it’s size by adding a Coles and a dozen new stores.
An artist's impression of Karalee Shopping Village in Ipswich where work is due to start to more than double it’s size by adding a Coles and a dozen new stores.

Ipswich shopping centre set to double in size

WORK will start next month on the expansion of an Ipswich neighbourhood shopping centre to more than double its size.

Consolidated Properties and Melbourne-based boutique property finance company CVS Lane Capital Partners will build a 3900sq m Coles supermarket and 12 speciality shops at the Karalee Shopping Village, next to an existing 3429sq m Woolworths-anchored neighbourhood centre.

Consolidated Properties executive chairman Don O'Rorke said the 5.92ha property, which is over three lots, was bought for $26 million in 2015.

"Our attraction to the centre was that the existing Woolworths was trading well and it came with two additional development sites, one of which had approval for a Coles supermarket and other speciality shops," he said.

More at The Courier-Mail

News Corp Australia


Dancing tractor 'Tready' takes on world record attempt

premium_icon Dancing tractor 'Tready' takes on world record attempt

Tready the dancing tractor and Richie are a couple of dare devils

Ipswich MPs say sacking council is 'in city's best interest'

premium_icon Ipswich MPs say sacking council is 'in city's best interest'

Mullen, Howard, Madden and Miller back dismissal

Father, son fail in bid for bail after taser incident

premium_icon Father, son fail in bid for bail after taser incident

Police allege a man was shocked in the chest with the weapon

Local Partners