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flag Mirvac sells Brisbane shopping centre site to Irvine Property Group for mixed-use redevelopment.

flag The former Toombul Shopping Centre site in Brisbane, demolished in 2024 after flood damage, is being sold by Mirvac to Irvine Property Group, which plans a mixed-use residential and retail development. flag Mirvac cited financial and strategic challenges in advancing the project alone, despite resolving key issues with Brisbane City Council. flag The sale, expected by year-end 2025, will lead to a new shopping centre as the first phase, pending standard council approval and community consultation.

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