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Home»News»Tenants sign up for old Masters’ site
News

Tenants sign up for old Masters’ site

By Stephen TaylorAugust 6, 2018Updated:August 6, 2018No Comments2 Mins Read
On board: Tenants of the former Masters Home Improvement centre on the sign fronting Mornington-Tyabb Road, Mornington. Picture: Yanni
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On board: Tenants of the former Masters Home Improvement centre on the sign fronting Mornington-Tyabb Road, Mornington. Picture: Yanni

A COLES supermarket, Goodlife health club and a Supercheap Auto outlet are lead tenants in the revamped former Masters Home Improvement depot, Mornington.

Home Consortium, the company developing the Mornington-Tyabb Road site, has circulated a leasing brochure showing a Woolworths supermarket fronting the site opposite Dunns Road.

A 3700 square metre Coles supermarket, with nearby Liquorland outlet, is on page two of the brochure which describes the new site as a “daily needs and lifestyle centre”.

The brochure shows the remaining vacancies are a 2109 square metre site, a 973 square metre site and two 500 square metre sites.

Mornington Chamber of Commerce is said to be concerned that a clutch of small retail tenancies – at around 90 square metres – will fill the front of the building which was originally Masters’ customer service area. These shops – listed as Beans and Bites, sushi takeaway, Avy Hair and Nails and two as-yet-unlet sites – were not part of the original planning application approved by Mornington Peninsula Shire Council late last year.

The chamber had originally been told the smallest tenancy would be 500 square metres – far bigger than the smaller shops being shown on the brochure.

The chamber is concerned the shops will compete with those run by its members in Main Street, on the other side of Nepean Highway.

The revamped centre is expected to open in February and not Christmas as originally planned.

Home Consortium and leasing agents Colliers International were contacted for comment.

First published in the Mornington News – 7 August 2018

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