Cockburn Gateway Shopping City

Lease Equity was responsible for the redevelopment of Cockburn Gateway Shopping City which opened Phase I of its $45 million redevelopment in November 2006 and Phase II in October 2007. Each Phase opened 100% leased to predominantly national tenants with a tenant mix widely considered as outstanding.

The first phase of the two part redevelopment took the centre from 10,500m² to approx 13,500m². Phase II further extended the centre to 29,900m².

Phase I saw the opening of new larger Woolworths Supermarket and Woolworths Liquor stores, in addition to over 40 new specialty stores including national retailers such as Red Dot, Australia Post, Gloria Jeans, Dick Smith Electronics, Just Spectacles, Baker’s Delight, Lenard’s Poultry, Bankwest and ANZ Bank.

Phase II was positioned toward a fashion focussed tenancy mix with the majority of tenants being national based fashion retailers. Just a few of the additions included a Big W discount department store, Best & Less, Crossroads, Katies, Suzanne Grae, Autograph, Novo, Noni B, Jeans West, Cotton On, Girlfriend, Ed Harry, ValleyGirl, Rockmans/BeMe and Man to Man, on top of a new food court.

This project has been an outstanding leasing success with a tenancy mix and rental return the envy of many substantially larger centres.