Albany Creek Village Awaits New Ownership

Following a recent refurbishment, Albany Creek Village is on the verge of changing hands in a remarkable development for the local community. This significant event comes when the retail sector is increasingly seen as a beacon for investors, highlighting the centre’s role as a shopping destination and a cornerstone of Albany Creek’s commercial landscape.



Overview of the Sale

Growthpoint Properties Australia has initiated the sale of the Albany Creek shopping centre, indicating a strategic move in the wake of the retail sector’s rising appeal as an investment sanctuary. The sale process, spearheaded by experts from CBRE and JLL, began in late March 2024 through an Expression of Interest Campaign, signifying a new chapter for this key retail asset.

Strategically situated 15km north of Brisbane at 700 Albany Creek Road, the shopping centre boasts a prime position. Anchored by a high-performing Coles, the centre has benefited from a significant $7 million refurbishment, enhancing its appeal with modernised facilities including an upgraded Click & Collect service. This positions the centre as a neighbourhood hub and a focal point of retail excellence.

Albany Creek Shopping Centre Albany Creek Village

Tenancy Profile and Investment Opportunity

The centre’s national tenancy profile, including leading brands such as Coles, Liquorland, Priceline, Australia Post, and Commonwealth Bank, is 61% of the total Gross Lettable Area (GLA), underscoring its robust investment potential. Due to its recent enhancements and strategic location, industry experts see Albany Creek Village as an outstanding acquisition prospect.

Amidst a backdrop of escalating construction costs and supply constraints, the site emerges as a prime investment opportunity, offering substantial growth potential. CBRE Research anticipates a significant increase in investment volumes over the next few years, with Albany Creek Village well-positioned to capitalise on this trend. 



The centre’s comprehensive refurbishment and income generation prospects offer a compelling proposition for investors, amidst a climate of market volatility and growth in retail investment.

Published 26-March-2024

Zambrero Brings Feel Good Mex Cuisine to Albany Creek Village

Zambrero, the popular Mexican chain known for its Feel Good Mex cuisine, brings its fresh take on traditional favourites to Albany Creek, opening at the Albany Creek Village dining precinct just in time for the December holiday and the New Year.


Read: Hoppy Tunes and Tasty Brews: Inside Brendale’s Hip Hops Brewers


Zambrero has earned its devoted following thanks to an innovative approach to Mexican food that promises maximum freshness and bold flavours. 

Photo credit: Zambrero (Albany Creek)/Facebook

The diverse menu offers an array of tantalising options from burritos and bowls to quesadillas, nachos and tacos with broad appeal for the whole family. Signature items include the big burrito, toasted varieties and the quesadilla stack.

Photo credit: Zambrero/Facebook

The chain prides itself on its Plate 4 Plate initiative, donating one meal to someone in need for every burrito, bowl or retail item purchased. To date, they have donated over 68 million meals globally through this program. By dining at Zambrero Albany Creek, customers can directly support hunger relief efforts.

Photo credit: Zambrero (Albany Creek)/Facebook 

The Mexican restaurant’s story traces back to founder Dr Sam Prince, who launched the first restaurant in 2005 whilst a 21-year-old medical student. From humble beginnings with $16,000 in savings, the brand now comprises over 250 locations across Australia, New Zealand, Ireland, the US and UK.


Read: Inside Plans For New Starbucks Cafe At Brendale Service Centre


As the tantalising aromas of sizzling meats, warm tortillas and vibrant salsas waft through Albany Creek Village, Zambrero brings its signature zest for life to this bustling local hub. The establishment extends an open invitation to experience the chain’s Mexican cuisine firsthand.

Zambrero Albany Creek is open daily from 10:00 a.m. to 9:00 p.m. for dine-in or takeaway. Find them at the Albany Creek Village located at  700-710 Albany Creek Rd.

Published 1-January-2024 

Limited Edition Stranger Things Inspired Ice Cream Available at Baskin Robbins in Albany Creek

Get the chance to experience ice cream flavours inspired by Netflix series ‘Stranger Things’ at Baskin Robbins in Albany Creek Village.

If you’re a fan of the popular ‘80s-inspired Netflix series Stranger Things, you are in for a treat as unique flavours from the show’s very own Scoops Ahoy Parlour with an exclusive limited edition Stranger Things menu are now available at Baskin Robbins.

Baskin Robbins
Photo credit: BaskinRobbins Cookieman AlbanyCreek/ Facebook

Get to customise your own ice cream cone or cup with both classic flavours from Baskin Robbins as well as new flavours straight from the show. Flavours include Love Potion 31, Hokey Pokey, Chocolate Chip Cookie Dough, Chocolate Mousse Royale, and Cookies and Cream.

Here are some of the limited edition items being offered:

Eleven’s Waffle Sandwich – Two freshly baked waffle cone chips that are dipped in chocolate with a generous amount of ice cream inside.

Waffle Sandwich
Photo credit: BaskinRobbins Cookieman AlbanyCreek/ Facebook

Upside Down Sundae – As the name suggests, this ice cream is served upside down with your choice of chocolate or caramel topping hidden underneath layers of the belgian waffle, chocolate brownie or cookie dough chunks. It is also topped off with your favourite ice cream scoop and an upside down sugar cone.

Sundae
Photo credit: BaskinRobbins Cookieman AlbanyCreek/ Facebook

Eleven’s Heaven – A waffle ice cream laced with chocolate dipped waffle pieces, and chocolate icing ribbon.

Eleven's Heaven
Photo credit: BaskinRobbins Cookieman AlbanyCreek/ Facebook

The Shadow Cone – A freshly baked charcoal cone dipped in chocolate and cloaked in blood-red sprinkles to top off your favourite scoop.

The Mind Flayer Macaron – A Love Potion 31 Ice cream sandwiched between two crisp charcoal macarons, rolled in blood-red and black sprinkles and red chocolate crispies.

Macaron
Photo credit: BaskinRobbins Cookieman AlbanyCreek/ Facebook

The Demogorgon Sundae – Your favourite limited edition scoop in a Stranger Things themed cup, topped with a delectable chocolate monster head.

Interested to know more? Visit Baskin Robbins for more details and updates about their latest offerings.

Stranger Things at Baskin Robbins is available for a limited time only. So you better head over to Baskin Robbins located inside Albany Creek Village to get your favourite limited edition Stranger Things scoop.



Albany Creek Village Gets A Multi-million Dollar Worth Makeover

Fortius Funds Management has announced a multi-million-dollar refurbishment program of the Albany Creek Village. The project promises to “deliver exciting new era for the well-established community centre.”

Anchored by a Coles Supermarket, The Centre first opened in 1988 and underwent an initial major refurbishment in 2001. It houses more than 30 specialty retail shops, 500 plus car spaces, and approximately 100 covered by shade sails.

Fortius Funds Management rebranded the Centre to the original name “Albany Creek Village”, reaffirming the community and convenience basis in which the Center was founded.

“This carefully planned refurbishment program is designed to reinvigorate Albany Creek Village and reaffirm its position as the trade area’s number one convenience shopping destination,” Fortius Senior Asset Manager, Renaud Herington said.

Designed by Hames Sharley, a Brisbane-based architectural firm, internal works will include upgrades to the flooring, ceiling, and lighting. Other works include a new seating pods and extensive internal landscaping and ambience works.

External improvements will include a new Centre facade treatment, external tenancy signage package, new lighting, flooring, and landscaping works. There will be a new pylon signage and entry signage as part of the centre’s new branding.

The redevelopment will bring new service, and food and beverage tenants into the existing tenancy mix. The outdoor landscaping promises a respite area for shoppers who wish to relax while completing their shopping at the Centre.

Photo credit:Fortius Fund Management/albanycreekvillage.com.au

Founded in 1991, Fortius currently owns and manages Australian real estate totalling $1.4 billion. Fortius’ recent project include the Newcastle’s Junction Fair Shopping Centre restoration. Fortius Funds Management purchased the Albany Creek property for $55.8 million from Charter Hall.

“The co-ordinated capital works and leasing program will allow Albany Creek Village to fully capitalise on its prominent location, ease of access and proximity to local schools and services, and to fully meet all the convenience shopping needs of the fast-growing Albany Creek community.”

“We are looking forward to completion of works and the centre delivering a wide range of convenience and lifestyle benefits for our valued customers and retailers,” concludes Mr Herington.

The Albany Creek Village refurbishment program commenced last August 2018 and is expected to be completed by November 2018.

700-710 Albany Creek Rd, Albany Creek QLD 4035, Australia