The last available space would suit a convenience food outlet or a complementary tenant to the neighbouring retailers.
Davies says there are few quality restaurant and dining operators in the area, particularly ones that can offer excellent car parking.
John Bedford of CBRE says the development opportunity came about two years ago when he started working with Location Group to ‘find a solution’ for the site.
“With Location Group, we looked at different scenarios: a new build, or a conversion of the industrial buildings.
“In the end, a hybrid solution was the best way forward, as the existing bricks and mortar would work for the main spaces.
“The conversion of an existing industrial warehouse, which we leased to Briscoes Homeware and Rebel Sport, created new retail store formats of 2092sq m and 1220sq m respectively for them on long-term leases.
“Briscoes had been looking at the area for some time, and they liked the idea of being next to Bunnings, a site that Location Group had previously been involved in.
“There is an established connection between the attractions of DIY stores and adjoining retail, food and beverage outlets,” Bedford says.
“We expect the precinct will draw considerable custom — not only from people shopping at Bunnings and a lot of sports locations nearby — but it will become known as a destination in its own right.”