In a market where shopping centre investments in Australia’s top-end Northern Territory are tightly held and rarely traded, an exceptional opportunity has arisen with the Hibiscus Shoppingtown in the Darwin suburb of Leanyer, being placed on the market for the first time in over 40 years. The sale process is being handled by Catalyst Property Group and Savills.
In a market where shopping centre investments in Australia’s top-end Northern Territory are tightly held and rarely traded, an exceptional opportunity has arisen with the Hibiscus Shoppingtown in the Darwin suburb of Leanyer, being placed on the market for the first time in over 40 years. The sale process is being handled by Catalyst Property Group and Savills.
The centre is anchored by a strongly trading full‑line Woolworths supermarket and the recently refurbished freestanding Hibiscus Tavern. The centre comprises 8,036sqm (GLA) and is 99.9% leased with a strong history of tenant retention. More than 77% of GLA is secured by long‑term anchors, Woolworths and the Hibiscus Tavern, underwriting strong income security and a non‑discretionary tenancy mix.
The strongly performing 4,534sqm Woolworths supermarket is supported by 21 specialty tenancies. The offering includes three adjoining residential properties zoned “commercial”, providing immediate expansion and value‑add potential for a new owner.
The centre generates an estimated net annual income of $2.775 million as of 1 April 2026.
Catalyst Property Group Director, Peter Tyson, commented, “This is a rare opportunity to secure a high-performing, convenience-based shopping centre anchored by a strongly trading Woolworths supermarket in the tightly held Darwin market. The strong non-discretionary tenancy mix, long-term income security and strategic corner position create a compelling investment proposition with clear value-add pathways.”
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