Gasworks Plaza


Gasworks is one of Australia's best mixed-use precincts, providing a world-class retail, dining and lifestyle precinct. It is located within Newstead Riverpark, an urban renewal development less than 3 kilometres from the Brisbane CBD.

Gasworks Plaza is integral to the commercial, residential and retail heartbeat of the precinct. The centre caters to a diverse customer base including professionals, residents and commercial clients. Anchored by a full-line Woolworths, over 30 specialty stores, services, a gym and medical centre, Gasworks Plaza is a true convenience centre with a captive audience. The plaza's open-air dining options that surround the heritage outdoor gasometer draw further customers and create a lively atmosphere.

Asset Information

  • Asset typeRetail
  • Year built2014
  • Asset locationBrisbane, fringe CBD
  • Site area (hectares)2.31
  • Lettable area ('000sqm)9.9
  • Car parking spaces481
  • OwnerDWAPF
  • Ownership (%)100
  • Major tenantWoolworths
  • Acquisition dateDecember 2018
  • Independent valuation dateJune 2023
  • Independent valuation at ownership ($m)134
  • Market cap rate (%)5.25
  • Leased by area (%)100
  • Weighted lease term by income (years)5.6

  • NABERS Energy rating (without Green Power)5.0
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