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Curved modern facade of the Riverside Plaza shopping centre with a dark cladding roof and cream panels.
✓ region.com.auMoney & Work

Riverside Plaza, Queanbeyan's main shopping centre, goes up for sale

The owners bought the centre for $60 million six years ago, and expressions of interest close 5 November 2026.

Riverside Plaza, the main shopping centre in Queanbeyan, has been listed for sale. The current owners bought the site for $60 million six years ago.

The centre sits next to the Queanbeyan River and is anchored by a Coles supermarket. The centre has 21,660 square metres of space that can be rented out.

The big tenants together bring in over $80 million in sales. Sales agents CBRE and JLL are handling the sale, with expressions of interest closing Thursday 5 November 2026.

JLL says the Canberra-Queanbeyan corridor has strong population growth. Two-thirds of the local workforce commute into the Canberra CBD each day.

$60 million, six years ago
Previous purchase
21,660 square metres
Lettable space
over $80 million
Major tenant turnover
Thursday 5 November 2026
Expressions close

Why it mattersShoppers and shop owners in Queanbeyan could see a new owner take charge of their main centre.

AustraliaBig investors are still targeting shopping centres like this one in the Canberra region, according to the sales agents.

✓ Claims checked against the source. checked 2 h ago

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