High in­ter­est in home cen­tre

Pilbara News - - Business - Ali­cia Perera

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.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.