Murray Street vacancy rates below industry average

CURRENT vacancy rates of commercial properties within Gawler’s Murray Street and the surrounding area are below the industry average, according to Gawler Council.

Murray Street has historically been Gawler’s central shopping and dining precinct, and Mayor Karen Redman said current figures show it continues to be a strong place for business.

“According to council’s rating database for 2017/18 there are 155 properties/tenancies rated as commercial in Murray Street,” she said.

“In a recent meeting with commercial real estate agents, council staff were advised that the current vacancy rates within Murray Street and surrounds is below industry averages.

“Therefore, it can be assumed that occupancy rates for businesses within the main street and surrounding precinct within Gawler is higher than the average for similar locations.”

The latest business to move into Murray Street is Mexican restaurant franchise Zambrero, which will occupy the former ‘Taste on Main’ building in the centre of the main street.

Zambrero Gawler owner Tony Canalonga said he is thrilled to be opening his doors to the community, which has already made him feel right at home since work first commenced at the site.

The new restaurant is expected to employ up to 20 people, and intends to open in late December.

Gawler Business Development Group (GBDG) business liaison and marketing co-ordinator Caren Brougham welcomed the new restaurant, saying that new business in central Gawler is highly important.

“The arrival of new business to Gawler is vital for the economical viability of the region, and as Murray Street is the centre of the business heart of Gawler, occupancy rates need to be as high as possible,” she said.

“A high rate of occupied buildings in any main business thoroughfare creates a higher level of activity and vibrancy, attracting more foot traffic, which, inevitably, means more sales for our businesses.”

Mrs Redman said it is a council priority to continue to encourage businesses to look toward Murray Street as a place of business.

“Businesses who contact council… are referred to the GBDG to receive information regarding Gawler’s economic opportunities, and access to business development opportunities that the group provides,” she said.

“Council’s development services department is (also) currently preparing a checklist for businesses wanting to open in Gawler.

“This checklist will provide general information regarding the processes that need to be followed when a business wants to do something that requires development approval, and/or building rules consent.”

@

Growing up in Roseworthy and attending Kapunda High School, Laura joins The Bunyip in June, 2016 whilst completing the final year of a double degree in Journalism and International Relations at University of SA. This is Laura's first role as a Journalist following a stint at Gawler Council in the Communications Department. She will cover the news in the Playford and Mallala council regions. Outside of work, Laura enjoys anything health and well-being related, and can be regularly seen shopping for fresh, healthy produce at local markets.

Related posts

Top