The long‑empty site of the former Toombul Shopping Centre is finally moving towards a new chapter. Brisbane‑based Irvine Property Group has acquired the landmark north‑side property from Mirvac, setting the stage for a retail‑led mixed‑use precinct that aims to restore the area as a community hub.
Read: Community Outcry Leads Mirvac to Prohibit Guard Dogs at Toombul Site
For decades, Toombul Shopping Centre served as a key destination for north‑side families, anchored by major retailers including Coles, Kmart, Aldi and BCC Cinemas. But repeated flooding, most notably in 2022, forced the closure of the centre, displacing around 130 retailers and disrupting access to essential services.

Mirvac had acquired the site in 2016, following earlier floods including those in January 2011, but after years of deliberation and site remediation the company decided it was no longer in a position to take the redevelopment forward on its own. In a media release dated 12 November 2025, Mirvac announced it had exchanged contracts for the sale of the site to Irvine Property Group, stating it would “enable renewed investment and the development of a new mixed‑use precinct, including a new shopping centre”.

The release noted the decision had been difficult and stressed that the scale of the site and the extensive remediation works required meant a partner with expertise in construction resource‑recovery and mixed‑use delivery was essential.
Irvine Property Group’s Managing Director, Michael Irvine, said the company was eager to deliver a project that reflected community needs. “Our priority is to deliver a new shopping centre as the first stage of a retail‑led mixed‑use development, in line with Mirvac’s draft masterplan which has Council’s in‑principle support,” he said.
He also underscored the importance of community consultation and welcomed feedback on the site’s future use. “We look forward to working through the next steps including lodging the first development application for a new retail centre and housing,” Mr Irvine added.
The redevelopment is planned in stages. Stage one will focus on a modern shopping centre and community plaza with integrated green and public spaces, flood‑resilient design, and upgraded transport links. Subsequent stages will include residential apartments and townhouses, mixed‑use retail and dining precincts, and public‑realm enhancements.
Local and federal representatives have welcomed the announcement, noting the centre’s importance to the north‑side community and promising residents another opportunity to contribute through the development‑application process. Settlement of the sale is expected in the coming months, after which Irvine Property Group will lead the detailed planning and construction phases.
Spanning approximately 100,000 square metres, the former Toombul site represents a significant opportunity for Brisbane’s north‑side. Irvine’s experience in projects across Newstead, Teneriffe and Bulimba suggests a focus on quality, sustainable design and community engagement.
Read: What’s Next for Toombul Shopping Centre? Mirvac Announces Redevelopment Plans
For residents, the project offers more than just shopping and housing: it’s a chance to revive a familiar community hub, combining retail, residential and public spaces in a modern, flood‑resilient precinct.
The Toombul Shopping Centre’s rebirth signals a hopeful future for Nundah and surrounding suburbs, transforming a once‑devastated site into a vibrant, multi‑purpose destination for north‑side families.
Published 14-November-2025

















