07 Sep 2017
RETAIL and commercial operators have the opportunity to establish themselves in one of Australia’s fastest-developing urban growth corridors.
Geelong West commercial agents Darcy Jarman is seeking expressions of interest for the sale or lease of large format sites at the mixed-use precinct in the Armstrong-Mt Duneed community.
The 10.6ha mixed-use precinct is located at 465 Surf Coast Highway, Mt Duneed, opposite the future Armstrong Creek town centre.
Darcy Jarman director Tim Darcy said the site provided an enviable opportunity to gain maximum exposure within the development.
“We’re expecting to attract a number of retail and commercial operators, including restaurants, childcare and educations, medical, commercial offices and entertainment, which will provide incredible amenity to this growing region,” Mr Darcy said.
There is also potential for a mid to high density residential development, petrol station and retail stores, including a large format pet shop, fashion boutique and beauty store, he said.
Developer Villawood Properties executive director Rory Costelloe said this was an incredible opportunity for retail and commercial operators to establish themselves within one of Australia’s fastest developing urban growth corridors.
“The site provides a dominant frontage of about 1.1km to a major arterial being the Surf Coast Highway, just minutes from both the Geelong CBD and Torquay, and will be exposed to approximately 15,000 cars per day,” Mr Costelloe said.
“We are hoping to secure a number of interesting and community-minded businesses to fulfil the aspirations of Armstrong Creek as the upgrade suburb of choice, as well as contributing to local employment.”
The 2500ha Armstrong Creek growth area will provide housing for between 55,000 to 65,000 people in the next 20 years.
The future Armstrong Creek Town Centre will include supermarkets, discount department stores, shops, restaurants and commercial uses.