Stockland will invest $51 million to create a new 12,200 square metre shopping centre within its $661 million, 2600-lot Stockland Newhaven residential community, 20 kilometres south-east of the Perth CBD. This is the first stage of a development that, over time, will become a full-scale, sub-regional town centre of approximately 25,000 square metres, when completed.
Construction of the new Harrisdale Shopping Centre will commence in May 2015, and it is expected to open in mid-2016.
Stockland Harrisdale Stage One will be anchored by the only full-line Woolworths supermarket in the primary trade area. It will also include one mini-major, 30 in-line specialty stores, five retail kiosks, six pad site retailers and 500 car parking spaces. The site is well located to draw customers from surrounding suburbs with direct exposure to Nicholson Road, the area’s main North-South arterial link.
Due to strong population growth, Stockland expects retail sales in the main trade area to double within twelve years of completion, reflecting average sales growth of 6.1 per cent per annum, compound.
If you’d like more information or to register your interest in leasing at Stockland Harrisdale, please contact us via this form and we will contact you shortly.