Bairnsdale to get state-of-the-art Dan Murphy’s store

The property funds manager and full-service property group, Castlerock, has just submitted a planning application to develop a state-of-the-art Dan Murphy’s store in the East Gippsland town of Bairnsdale. The drinks retailer has taken a 10-year lease over the site.

The proposed 1,250 square metre building, located at 259 Main Street, Bairnsdale, benefits from three street frontages and will have an easily accessible abundance of carparking.

Subject to approval, work is scheduled to start in mid-2022 and be completed in the first quarter of 2023.

Castlerock Director – Business Development Adam Bronts says: “It’s an exciting project for Bairnsdale, generating about 60 jobs during construction, ongoing employment for local sub-contractors in overseeing the building, as well as five full-time and 15 casual and part-time employees to service customers.

“In keeping with Castlerock’s philosophy, we are committed, wherever possible, to use local labour and suppliers. We did this to great effect with our GovHub project at Morwell (completed in late 2020), and we will adopt the same approach at Bairnsdale.”

Castlerock recently completed the conversion of K-mart to Woolworths, with the national retailer recently opened for business in early June, as well as building the Spotlight building that opened in early 2016.

Bronts says: “Castlerock has a long and proud association with the Gippsland region, and not just for the projects we have been involved in. Many of our long-term and loyal investors come from this region so it’s especially pleasing to be involved in developments that create economic benefits for the region.”

A Dan Murphy’s spokesperson said: “We are pleased to have reached this point in the process of bringing our unique concept to life in Bairnsdale and are committed to working constructively and collaboratively with all stakeholders during the application process, including considering any community feedback.”

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About Warwick Petschack

Warwick has over 25 years of property investment and management experience. Principally responsible as Managing Director for Capital Management Australia and Joint Managing Director for Chauvel Capital Partners and Editor of Australian Property Markets News.

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