Aventus Property Group (APG) has confirmed that work would soon begin on the $13 million retail refurbishment of Level 1 at the Tuggerah Super Centre.
The work would bring total spend invested on the centre to over $23 million since APG took ownership in 2015.
Since APG’s acquisition of the centre in 2015, they have seen growth in Tuggerah’s Large Format Retail precinct, with retailers reporting strong sales, and LFL comparable growth, according to Centre Manager, Ms Julie Meehan.
“The 22 existing retailers have been trading very well in the 15 months since the ground floor redevelopment finished and, as a result, we have been able to bring forward the commencement of our Level 1 refurbishment works,” Ms Meehan said.
With re-development works due for completion in mid-2018, the centre will expand by over 10,000 square metres and span across two levels.
New retailers will be added to the already dynamic retail mix, increasing the convenience and appeal for all shoppers.
“The re-opening of the Level 1 carpark will make available over 120 additional car spaces for customers,” Ms Meehan said.
“The re-development will add 11 retailers, taking the centre to a mix of over 30 national and independent brands.
“On completion, the project will deliver more retailer jobs for local people and allow Tuggerah Super Centre to take pride of place as the largest and only indoor home and lifestyle shopping destination on the Central Coast,” she said.
Source:
Media release, Nov 1
Jillian Christie, Aventus Property Group