Ayr shopping boost
THE Burdekin district is to gain an expanded retail offering following completion of Burdekin Plaza, a $ 3.5 million development that has added nine tenancies to the Coles supermarket site in Ayr.
Businesses signed up for the tenancies include a BWS liquor store and a Coffee Club outlet.
All tenancies are food-enabled and others will accommodate businesses such as bakery, pharmacy, and homewares as well as eateries.
The nine outlets share 885sq m of retail space, and range from 50sq m to 190sq m.
They sit either side of the entrance to the 4600sq m Coles store, and front a 240-vehicle car park where 100 spaces will be covered with shade sail.
The Burdekin Plaza project is complemented by a $ 4 million refurbishment and refitting of the Coles outlet, due for completion in May, that will see the Edwards St precinct present as a new retail centre.
The development of Burdekin Plaza comes in wake of divestment of the 12,130sq m Coles property by Trinity Funds Management for $ 9.1 million in November 2009.
The property was acquired by an investment consortium including Melbourne-based Lascorp Development Group ( Aust), which manages the property and is associated with veteran shopping centre developer Michael Lasky.
L a s c o r p g e n e r a l m a n a g e r Malcolm Bamford said the inves- of the Ayr property over time.’’
Leasing agent Neville Smith, of Colliers International in Townsville, said Burdekin Plaza presented an opportunity to secure highe x p o s ur e s p a c e i n a p r e c i nct anchored by a major national retailer and visited by 15,000 shoppers each week.
‘‘ We believe Burdekin Plaza offers a venue not only for traditional retailing, but also for a broader range of enterprises i ncluding technology-based businesses such as computer gaming,’’ he said.