NEW shops, restaurants and bathrooms, a redesigned interior and a merciful fix for one of the city’s most confusing carparks will form part of a $25 million overhaul of Broadbeach’s Oasis Shopping Centre.
Abacus Property Group bought the shopping centre for $105.3 million as part of a joint venture last year after former owners Brookfield had it on the market since 2013.
Tenants have complained about the degrading of the centre — including the year-long stop to the iconic monorail — for several years.
The monorail is due to reopen today after it stopped to allow part of the redevelopment works.
National asset manager for retail Gerard McSpadden said the redevelopment would seek to attract new tenants and focus on restoring the mall’s dining precinct to its former city-favourite glory.
Source: Gold Coast Bulletin