Investment Spotlight: Burnside Park Hub
Burnside Park Hub is a large-format retail precinct currently under development by owner, Ranfurlie Asset Management.
The site sits 21km from the Melbourne CBD, with direct frontage to the busy Western Highway, adjacent to Burnside Hub Shopping Centre.
A new 3,500 square metre Spotlight store is currently under construction at the Burnside Park Hub precinct, on the corner of the Western Highway and Westwood Drive, formerly home to a Masters hardware outlet.
The Spotlight store is planned to open in the latter half of this year and will be accompanied by a Guzman y Gomez drive through restaurant (located in the car park).
Burnside Park Hub will also feature up to five large-format retail outlets and 400 on-grade car parks, boosting employment opportunities for the area.
Launched in 2012, Ranfurlie Asset Management has grown to oversee a portfolio of retail and commercial properties spanning mixed use, large format and office.
Ranfurlie CEO Mark Wilson said the company was excited to be welcoming a national retailer and market leader to the Burnside Park Hub.
“The Spotlight store will feature the latest store design and provide a comprehensive offer of fabrics, craft and homewares to residents of the region.
“With a focus on people and community, a legacy from our Dennis Family Group heritage, our assets provide all the essentials and many extras that these fast-growing communities need to thrive,” he said.
Learn more about Ranfurlie Asset Management at their website.
Susan Beniston
Visitor Servicing & Development Officer