Approved · Notification · Phase 1 · decided in 21 days, 14 July 2026
UnclassifiedMN-70022ACCC register
Coles Group Limited has entered a proposed lease with property developer H.A. Bachrach (Nom) Pty Ltd for a new supermarket development at Park Beach Plaza, Coffs Harbour, NSW. The site, previously a Ritchies IGA, is anticipated to open as a Coles supermarket in September 2027.
Coles Group Limited (Coles) is an Australian public company (ASX: COL) that primarily operates: supermarkets nationwide through its subsidiary, Coles Supermarkets Australia Pty Ltd; and retail liquor stores nationwide, trading under the Liquorland, Liquorland Warehouse and Liquorland Cellars brands. H.A. Bachrach (Nom) Pty Ltd (the Lessor) is a part of an Australian private property development company, the Bachrach Naumburger Group, which manages a portfolio of commercial office and retail properties in Queensland. Coles has signed a letter of offer in respect of a proposed lease for the development of a Coles supermarket within an existing shopping centre known as Park Beach Plaza, located at 253 Pacific Highway, Coffs Harbour, NSW 2450 (the Acquisition). The site was previously occupied by a Ritchies IGA Supermarket which closed at the end of April 2026. The proposed Coles supermarket is anticipated to open in September 2027.