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Western Suburbs Weekly - - Western Opinion -

Even if rent was to drop to $600 per sq m add out­go­ings and get the foot traf­fic in Su­bi­aco it would be dif­fi­cult to sus­tain any business that de­pends on walks in. There is a prop­erty bub­ble in Su­bi­aco but the own­ers aren’t go­ing to get their prop­er­ties re-val­ued or the banks will come knock­ing. The coun­cil don’t want to have prop­erty rents to go down be­cause if it means a reval­u­a­tion their rates would have to go down. Business own­ers need af­ford­able pay-when-you-leave park­ing for their cus­tomers. We need to match Clare­mont’s of­fer if we are to be se­ri­ous to bring western sub­urbs shop­pers back to Subi. That would be a good start from a business owner’s point of view.

- Wi­o­letta Kot

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