Elizabeth City Centre, Adelaide

Elizabeth City Centre is the 3rd Shopping Centre that has been added to the Nikos Shopping Centre Portfolio. The Centre is located 26 kilometres north-east of Adelaide’s CBD in Elizabeth, South Australia. As one of the region’s largest shopping destinations, it offers a diverse mix of shopping, dining, and entertainment experiences. With over 195 tenants, the centre features major retailers like Big W, Target, Harris Scarfe, Coles, and Woolworths.

Additionally, Elizabeth City Centre is home to one of Australia’s largest solar canopy installations, generating renewable energy and providing shaded parking for visitors.

  • Address – 2-50 Murray Rd, Preston VIC 3072
  • Acquisition Date – February 2025
  • Interest – 50 % Ownership (Partnership with Vicinity Centres)
  • Purchase Price – $385,000,000
  • Gross Lettable Area (GLA) – 98,267sqm (Approx)
  • Land Area – 47.05 acres or 190,405sqm (Approx)
  • Annual Traffic – 11.8 million visitors (Approx)