Consolidated Properties Group and CVS Lane Capital Partners have commenced a $15 million refurbishment program at Arndale Shopping Centre, which is the latest acquisition for the pairs growing retail portfolio.
The refurbishment is underway just weeks after the October 2019 acquisition of the Springwood based retail hub for $35.5 million, putting Hutchinson Builders on track to unveil the new look centre ahead of Christmas 2020.
Arndale, which boasts 11,000sqm of retail space, including 35 specialty stores anchored by Coles Supermarket, will undergo a comprehensive aesthetic upgrade to improve the amenity. This will include an upgrade to the four mall entries, a revitalisation of the existing façade, and upgrades to the internal mall and existing services within the centre.
LEASING ENQUIRIES: Contact Paula Bellas +617 3229 8350