Retail development and investment group, Spectrum Retail, has received DA approval for its $15 million brand-new convenience centre in New South Wales’ Bathurst – set to deliver new food and convenience offerings to the region and facilitating a significant boost towards local employment, generating over 500 jobs.
Prominently located at the intersection of Bradwardine Road and the Mitchell Highway in Robin Hill, the development will transform the existing car dealership into a dedicated service centre, with exposure to some 28,000 vehicles each day.
Designed by architects Verve with engineering by VT Consulting Engineers, and services by Acor & Hazkem, the development includes a fuel and convenience offering.
The 6,500 square metre site will comprise three individual tenancies, including a 7-Eleven service station, Subway and Red Rooster. McDonald’s will acquire just under half of the site.
The brand-new centre addresses a significant gap in the market for convenience retail in West Bathurst, servicing the growing residential catchment in the North and the industrial hub in the South. The development will be the first convenience offering seen by visitors travelling in and out of West Bathurst to the Mitchell Highway.
“We are thrilled to secure approvals to move forward with this development and continue to invest in regional New South Wales catering to significant community demand,” said Julian Ackad, Managing Director of Spectrum Retail Group.
“As post-COVID recovery kicks in, coupled with the continued influx of new residents, the new centre will help drive growth in the region and deliver employment opportunities and lasting benefits to the local Central Tablelands economy,” said Mr Ackad.
A significant driver of local employment, the development will generate over 500 jobs, with more than 250 roles on offer during construction and a further 270 permanent jobs to service the retail outlets once open.
Construction is expected to commence in September, 2022 by appointed contractor Mainbrace with completion scheduled for June, 2023.
The Robin Hill development continues Spectrum Retail’s commitment to investment in regional NSW. It has recently commenced construction on a Guzman Y Gomez located on Bathurst Road, Orange, with completion expected in November, 2022.
It also developed and now manages a $17 million major multi-user QSR and fuel site at 399 Pacific Highway in Coffs Harbour, with tenants including Ampol, Hungry Jacks, and Zambrero – experiencing up to 50,000 vehicles per day on the Pacific Highway.
Spectrum Retail currently manages a development pipeline of more than $300 million with sites across Australia’s Eastern Seaboard. It has also received DA approval for an $18.5 million brand new convenience retail centre in Wodonga, Victoria.
Related Articles
