Vend Property managing director Jeff Klopper said they commissioned a study of the Butler catchment area from Deep End Services, which showed the population would grow from about 51,600 in 2013 to almost 60,600 in 2016.
He said that showed there would be a 5.5 per cent increase in people living within a 10-minute drive of the Masters development, much higher than the Australian average of 1.6 per cent and state average of 3.2 per cent.
‘The household income in Butler is above the Australian average,’ he said, with the results of the 2011 Census showing Butler’s average was $89,886 a year compared to $80,337 nationally.
Mr Klopper said his company was looking for tenants for three developments on Butler Boulevard, including the Brighton Big Box Centre beside Marmion Avenue.
‘That’s a 2.3ha site ” we are proposing to have 12,921sq m of showrooms and 336 car bays on it,’ he said. ‘It is owned and being built by Vespoli Constructions.’
Mr Klopper said they had pre-commitments from national retailers who offered pet, automotive and leisure services, and expected to build the centre by September next year, pending planning approval.
On the adjacent lot east of the Big Box, he said they were already negotiating offers made on about half the tenancies in the approved Realstar Enterprises development that included showrooms, a medical centre and tavern.
‘We won’t start that (construction) until January next year, with completion for October next year,’ he said.
On the northern side of Butler Boulevard, Mr Klopper said there was a third lot, owned by Shimal Summerbreeze, that would open by June next year.
‘We are doing a subdivision plan (and) the development application will be submitted in the next two or three weeks,’ he said.
That lot would include a service station, two fast food outlets and a supermarket.