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New $20 Million Shopping Centre Earmarked For Yarrawonga

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Written by Marc Pallisco   
Thursday, 11 March 2010 21:15

YarrawongaYARRAWONGA’s prominent Pigdon Motors site may be redeveloped into a relatively major shopping centre with a speculated end value of about $20 million.

The Moira Shire Council is reviewing an application to develop a 3,500 square metre supermarket, which would be leased to Woolworths, and 11 specialty shops, totaling 1170 square metres, on the site at the southern edge of the town centre.

Planning Minister Justin Madden recently approved an amendment to a planning scheme, allowing land to be rezoned to commercial use, in keeping with the Yarrawonga Strategy – 2005.

High profile car yards, and furnishing suppliers – key retail sectors for provincial cities – will be encouraged to open on main road land the council is rezoning

Yarrawonga is located about 300 kilometres north of Melbourne, on the southern foreshore of Lake Mulwala.

The council has also recently sought expressions of interest for consultants to prepare an economic and land use analysis to assess the suitability of rezoning residential land in Belmore Street, toward the Murray Valley Highway, for business purposes.