The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
JUST 15 DAYS UNTIL OUR FLAGSHIP CONFERENCE JOIN MORE THAN 550 ALREADY ATTENDING
JUST 15 DAYS TO GO UNTIL URBANITY-25 550+ ALREADY ATTENDING
REGISTER NOWDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherClare BurnettTue 26 Mar 24

Retail Centre in Perth’s Golden Bay Greenlit

Golden Bay EDM

A reworked mixed-use neighbourhood shopping centre at the outer Perth suburb of Golden Bay has been approved.

Revisited plans filed by Golden Bay Village Pty Ltd were greenlit by the Metro Outer Joint Development Assessment Panel (JDAP) for the City of Rockingham.

A refusal by the Metro Outer JDAP in July, 2023 led the applicant, identified by media as commercial developer Jarra Property, to go back to the drawing board. 

The JDAP and community stakeholders were concerned about a proposed petrol station close to two childcare centres and the exposure of children to benzene, as well as issues including the arrangement of vehicle access to the site.

After laboratory testing and other amendments to the configuration of the plans, however, things were looking brighter for the development.

The now-approved project be anchored by a 1165sq m supermarket fronting Thundelarra Drive.

The plans include three specialty retail shops with 263sq m floor space each as well as fast food outlets with drive-through facilities and a 230sq m liquor store. 

null
▲ Investor interest in neighbourhood shopping centres soared in the second year of the pandemic, according to Colliers.

A convenience store and service station are planned for the corner of Aurea Boulevard and Thundelarra Drive, and space for 147 carparking spots has been allocated.

The subject site is within the Golden Bay Neighbourhood Centre, about 1km south of the Secret Harbour District Centre and 1.2km west of Ennis Avenue. Golden Bay is about 60km south of the Perth CBD.

An earlier development application for the site was approved in 2016 and building had begun—a slab and steel frame are still on the site. 

However, that project did not proceed after that developer lost the anchor tenant and the site had been vacant since. 

According to Colliers, regional centres have resurfaced as the predominant retail asset of interest to investors, with total transacted value reaching $2.27 billion in 2023. 

While trading in neighbourhood centres remain significantly below historical averages as assets are tightly held, there was a resurgence of interest in neighbourhood retail from private investors, who have “demonstrated a preference for the resilient nature of the asset class”, Colliers said. 

RetailPerthAustraliaConstructionConstructionSector
AUTHOR
Clare Burnett
More articles by this author
ADVERTISEMENT
TOP STORIES
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
5 Min
Freecity Rouse Hill triple towers 2 Tempus Street
Exclusive

Freecity Takes Covers Off $330m Triple Towers in Sydney’s North-West

Leon Della Bosca
5 Min
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
View All >
A hydrogen production facility, part of the Hydrogen Energy Supply Chain (HESC) project to ship hydrogen from Victoria to Japan.
Exclusive

Minister Intervenes, Approves Hastings Hydrogen Facility

Marisa Wikramanayake
Windsor Lutwyche Road DA hero
Development

Arch-Filled Commercial Strip Filed for Brisbane’s Northside

Phil Bartsch
Exclusive

Australia’s 5 Biggest Student Living Projects Under Way

Shravanth Reddy
Almost $2-billion in PBSA assets have changed hands this year. We take a look at the biggest student beds projects under…
LATEST
A hydrogen production facility, part of the Hydrogen Energy Supply Chain (HESC) project to ship hydrogen from Victoria to Japan.
Exclusive

Minister Intervenes, Approves Hastings Hydrogen Facility

Marisa Wikramanayake
3 Min
Windsor Lutwyche Road DA hero
Development

Arch-Filled Commercial Strip Filed for Brisbane’s Northside

Phil Bartsch
3 Min
Exclusive

Australia’s 5 Biggest Student Living Projects Under Way

Shravanth Reddy
3 Min
Landcom The Joinery Annandale a build to rent development on the former westconnex site
Build-to-Rent

Landcom Takes Cover Off BtR Plans at Annandale

Renee McKeown
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/golden-bay-perth-neighbourhood-shopping-centre