OREANA Property has been given the green light for its first Western Australian development, a new community retail precinct in Perth’s northern growth corridor.
The Village Butler, will be located in the outer suburb of Butler, around 41km north of the Perth CBD, spanning a 4,452sqm site on the corner of Marmion Avenue and Reflection Boulevard.
“We’re delighted to officially embark on our first project in Western Australia. We look forward to working with local builders, retailers and service providers to deliver a project which the local community can be proud of,” said Tony Sass, co-founder and co-managing director at Oreana Group.
The retail precinct will include a range of retail and service offerings, with cafes, restaurants, a small format supermarket, gym, medical centre and allied health.
This in addition to a 91-place childcare centre to be operated by Aspire Early Learning and Education.
“The Village Butler will be a vibrant and convenient hub that plays an integral role in supporting the needs of the growing local community,” added Sass.
The precinct is set to directly benefit from incoming public infrastructure upgrades to the northern corridor, including the $28 million road upgrade from Butler Boulevard to Yanchep, as well as the 2023-due direct connection between Butler Boulevard to the Mitchell Freeway.
“The Village Butler’s strategic corner site positioning will garner terrific exposure for the precinct as around 34,000 cars pass the site daily, while its location within the City of Wanneroo in Perth’s thriving northern corridor will also see it benefit from solid population growth over the next few years,” said Joe Bergic from Vend Property, who have been exclusively appointed as the leasing agent for The Village Butler.
Vend Property is currently managing an open expressions of interest campaign for tenants at the precinct.
This latest project comes after Oreana entered the construction phase of its $70 million community retail hub in Melbourne’s Northern Growth Corridor, Kalkallo Town Centre.
“This is an important milestone for our business as it reflects the expansion of our portfolio at a national level into strong long-term growth markets such as Western Australia,” concluded Sass.