Originally published in Shopping Centre News Vol 40, July 2022.

Lease Equity is one of Western Australia’s largest commercial real estate agencies. From the management of major shopping centres and project leasing of new developments, through to the sale of commercial assets, Lease Equity adds significant value.

The brand has become synonymous with successful retail developments and has great currency with all stakeholders. Since its inception, Lease Equity has delivered more than 500,000m² of retail space into the West Australian market.

STARGATE BALDIVIS, WA
The Stargate Baldivis $25 million shopping centre development will be anchored by a major supermarket, tavern, childcare centre, medical centre, 24-hour gym and 13 specialty shops. Located 45km south of the Perth CBD, this strategically placed neighbourhood shopping centre in Perth’s metro growth corridor, will cater to Baldivis’ existing 30,000 residential population.

Featuring integrated design with picturesque parklands and stunning streetscapes, Stargate Baldivis will act as the new retail and community hub for the northern end of Baldivis’ growth catchment. With more than 9,000 land releases in the region, Baldivis’ housing population is anticipated to grow with 250 new dwellings on average each year.

WATERFORD PLAZA, WA
Waterford Plaza Shopping Centre is a unique double supermarket centre featuring a dedicated dining & retail high street through the centre of the retail asset. The centre is home to Coles, Supa IGA, The Reject Shop, Varsity Bar and more than 50 specialty stores, as well as McDonald’s and KFC.

Located in Karawarra, WA, 7km from the Perth CBD, Waterford Plaza has tailored its retail & dining experience to not only cater to its extensive residential catchment but also Curtin University and the associated student housing situated adjacent to the centre.

The next evolution of Waterford Plaza is in master planning stages with the first stage consisting of a full refurbishment of the dining and retail high street scheduled to commence in Q4 2022. This $4million asset enhancement to Waterford Plaza’s high street will reinvent the dining and customer experience for its extensive residential and student client base and aim to draw customers beyond its primary and secondary catchment by creating a festive environment with an array of dining options and communal seating hubs.

WATERTOWN BRAND OUTLET CENTRE, WA
Watertown Brand Outlet Centre, Western Australia’s original brand outlet shopping experience, is set to open a new dining precinct as part of a strategic investment into the rejuvenation of the city fringe Watertown. Managed by Lease Equity on behalf of Far East Organization, the Hames Sharley designed refurbishment will provide shoppers and visitors with a space to taste their way through a diverse range of Asian and multicultural cuisine eateries, and create an engaging and welcoming experience for shoppers and locals alike.

Construction of the new dining precinct, undertaken by Perth builders Hoskins Contracting, commenced in April 2022 and is set to open in time for Christmas 2022. Offering more than 1,000m² of F&B spaces, with both dine-in and takeaway options, shoppers and visitors can conveniently enter the heart of the dining precinct via Wellington Place.