Mcconaghy Properties Projects 0063

Our Services

McConaghy Projects

Based upon 55 years of designing, building, and developing retail shopping centres, McConaghy Projects has the expertise to manage and deliver retail developments & construction projects whilst also supporting our centres through asset management consultancy services.

26

shopping centre
developments delivered

$500M

value spent in
development projects

250000sqm

retail space developed
& managed

Case Study

‘Development Strategy’

Castletown,
Townsville

$42M

project cost

+19%

Majors sales growth

Jan 24 vs jan 23

+10%

customer
traffic growth

Jan 24 vs jan 23

Castletown was purchased in 1989. Since acquiring the centre, McConaghy Properties have completed 8 different development stages.

The final stage was completed in 2022 and saw the addition of a brand-new Coles with the centre now showcasing a total of 150 specialty retailers.

The approach we take is simple but disciplined; have a comprehensive understanding of the trade area, a strong view on the economic outlook for the region, a deep understanding of customers’ needs and ensure that invested capital is accretive to property returns.

The Castletown Stage 8 development has delivered the pre-eminent shopping destination within the Townsville market. The centre delivers an exceptional customer experience and showcases the immense depth of experience and capability that exists within our McConaghy Properties business.

Mcconaghy Properties Castletown Entrance 01