High interest in home centre
Construction of the Gap Ridge Homemaker Centre has begun and the project is already attracting interest from some high-profile national retailers.
The LandCorp project being built at the intersection of Dampier Highway and Madigan Road about 7km west of the CBD will be a shopping hub for household goods and services, including hardware, furniture and electrical appliances.
LandCorp Pilbara manager Matt Read presented an update on the project at a recent Karratha and Districts Chamber of Commerce and Industry business briefing and said while they are still in the discussion stage with retailers, so far the list of interested businesses included BCF, Spotlight, PETstock and Godfreys.
BCF, Spotlight and Godfreys do not yet have any WA stores north of Geraldton and PETstock has none north of the metropolitan area.
Mr Read said in the past retailers had been discouraged by Karratha’s residential market, but their interest was growing as housing became more affordable and more residents became permanent.
He said with high local demand for household goods, the only question was why a centre such as this had not been built sooner.
“It has got some really compelling stats behind it,” Mr Read said.
“The current Karratha trade area spend on homemaker goods is $178 million, and that’s 18 per cent above the State average on a per capita basis.
“The Karratha household in- come is double the non-metropolitan State average.
“Karratha has half the number of businesses on a per capita basis than the State average and internet spending in the Karratha area is six times the State average. What all those stats combined tell me is that Karratha is absolutely crying out for a homemaker centre.”
Seven of the 10 stage-one lots at the centre have been sold so far. Stage one and two lots are still available for interested businesses and Mr Read said LandCorp was willing to consider new offers.