Newspaper article The Morning Bulletin (Rockhampton, Australia)

$5M Norman Gardens Retail Development

Newspaper article The Morning Bulletin (Rockhampton, Australia)

$5M Norman Gardens Retail Development

Article excerpt

EXCLUSIVE

MELANIE PLANE

RAVI Setu has a $5 million grand vision which would change the face of retail offerings in north Rockhampton.

The director of Bluewater Property Trust has exclusively revealed to The Morning Bulletin plans for a new retail precinct at 353 Moores Creek Rd, Norman Gardens with features never before seen in Rockhampton. Mr Setu (pictured) recently lodged a development application with Rockhampton Regional Council for 'Roxi's Market Place'; a major project which includes a delicatessen, convenience shop, fruit and vegetable shop, coffee shop and eatery, as well as a petrol station.

Mr Setu said the development, which would provide about 30 to 40 jobs to locals during the construction phase and about 100 jobs once complete, had been in the making for quite a while.

"It's been a long term goal of mine to create projects in the Rockhampton region due to the economic sustainability of the Rockhampton area," Mr Setu said.

"My family has developed Kawana Gardens, Oasis Gardens and Kawana Central in Rockhampton and we have found that Rockhampton has a sustainable economy, unlike the Capricorn Coast which is very much driven by the boom and bust cycle.

"Rockhampton has a very diverse economy which is not only driven by mining, but also health, education, agriculture and employment in State Government agencies."

Roxi's Market Place will certainly offer "something different" to the wider community, with Mr Setu revealing a host of exciting plans for the precinct.

"Roxi's Market Place will be a business operated by myself and will employ around 50 people," he said.

"It will be an exciting business that will include many extras like wine and beer tasting nights, cooking lessons, live music in the covered terrace, tapas on Friday and Saturday nights, celebrity chefs plus internationally themed dinner menus on the weekends. There will be many other features at Roxi's that haven't been seen in this area before."

The local developer has had the Moores Creek Rd property near the Feez St roundabout under contract since last year and believes it is the perfect spot for a retail development.

"When I sat down to identify suitable sites in Rockhampton for development, I believed it was extremely important to identify sites that are in high profile locations to give the tenants the best chance of success," he said.

"For this I identified that the site would have to be outbound to capture traffic on the way home, have high traffic volumes going past it, plenty of parking and a design that was sustainable and minimised our carbon footprint.

"A good tenancy mix was vital to attract shoppers to give the business owners the best chance of success and I wanted plenty of secure bike parking for staff to be able to ride to work, and for customers and university students to be able to ride to the centre should they wish. …

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