Location | Casuarina, Northern Territory, Australia |
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Coordinates | 12°22′31″S 130°52′55″E / 12.3753°S 130.8819°E |
Opening date | 1974 |
Developer | Sentinel Property Group |
Management | Sentinel Property Group |
Owner | Sentinel Property Group |
No. of stores and services | 200 |
No. of anchor tenants | 4 |
Total retail floor area | 53,000 m2 (570,000 sq ft) |
No. of floors | 1 of stores and 1 of car parking |
Parking | 2,400 |
Website | casuarinasquare |
Casuarina Square, the largest shopping centre in the Northern Territory, is located in Casuarina in Darwin's northern suburbs. The shopping centre is built to the building code for Tropical Cyclones, due to cyclones that sweep through the area such as Cyclone Tracy in 1974.
Casuarina Square was built in 1973, the shopping centre contains over 180 businesses including two supermarkets (Coles and Woolworths), and two discount department stores (Big W and Kmart), and a 7-screen BCC Cinemas.
The GPT group sold the shopping centre to Brisbane-based non-listed real estate investment trust Sentinel Property Group in April 2022. It has undergone four major redevelopments. The most recent was a three-stage redevelopment that was completed in December 1998 adding 63 specialty stores and the 7-screen BCC Cinemas.[1] Since then the average number of visits per week is greater than twice the population of Darwin.[2]
The $400m purchase of Casuarina Square was the biggest property deal in Sentinel’s history and the Group's CEO Warren Ebert described the asset as “irreplaceable” and a “once in a generation opportunity”. “No other shopping centre in Australia dominates its market like Casuarina,” said Mr Ebert, who has long term plans to turn the complex into a town centre. “Casuarina Square receives more than eight million visitors a year and there is a tremendous opportunity to add value to the complex as there is approximately 54,000 sqm of development potential on the site. For Darwin to grow, Casuarina Square must also grow as both a retail centre and an employment node.”