19,000sqm retail precinct to liven up Melbourne suburb
A new 19,000sqm retail precinct is set to shake up the Melbourne skyline, with the announcement of the Opalia Shopping Centre.
The newly proposed retail destination is housed within the Opalia Estate in Melton South, a booming region on Melbourne’s growing Western corridor.
Commercial real estate company Colliers was appointed to lease the significant development. Mike Crittenden, Colliers director retail leasing said interest was already piquing for the new project.
“Opalia Shopping Centre will provide the growing local catchment with a significant and diverse range of convenient and daily need offerings, with the majors such as Woolworths and Chemist Warehouse supported by some 25 specialty retailers,” Crittenden said.
In addition to the anchor tenants, Opalia Shopping Centre will also house a range of specialty stores across 3000sqm. The project also includes eight ‘mini majors’ and multiple pad site offerings.
Food retailing and boutique dining also headlines the Opalia development. Crittenden revealed a number of franchise outlets had already committed to the newest Victorian precinct.
“Further drivers of traffic to the centre will include popular family ‘drive-through’ restaurants, McDonalds and KFC, a car wash, day care centre, tavern, medical services and a fitness offering. The centre will be serviced by more than 600 on-grade car spaces.”
For locals, the announcement of the Opalia Shopping Centre, which is due to open in September 2020 continues a strong develop push in recent years.
Stephanie Siadis, Colliers senior executive retail leasing said population growth, coupled with affordable housing opportunities perfectly placed the region for sustainable development.
“Opalia Shopping Centre is situated within a rapidly growing residential catchment, where there is a continued demand from consumers for quality daily need services and complementary food and beverage offerings,” she said.
“Convenient car parking and diverse amenity ensures return customers which assists in driving strong retail sales.”