LARGE FORMAT RETAIL PROPERTY DEVELOPMENT

Our Large-Format Retail Development Approach

Every opportunity is assessed on its individual commercial merits. McMullin considers location, catchment, access, retailer demand, planning requirements and long-term asset performance before progressing a development.

Retail Developments Across Melbourne and Regional Victoria

The Saleyards, Warragul: From Site Acquisition to Long-Term Ownership

Formerly Warragul’s cattle saleyards, the 44–56 Alfred Street site presented McMullin with an opportunity to create a new use for an established commercial property. McMullin acquired the site and led it through planning, design, leasing and construction, delivering an approximately 8,000 sqm large-format retail precinct completed in 2026.

Today, The Saleyards is fully tenanted by Sydney Tools, Anaconda, JB Hi-Fi, RSEA Safety and 4WD Supacentre, with McMullin retaining ownership as a long-term investment in regional retail.

Frequently Asked Questions About Large Format Retail Property Development

What is large-format retail property development?

Large-format retail property development involves creating purpose-designed retail premises for businesses that require larger floor areas, convenient vehicle access, strong visibility and flexible tenancy configurations. These developments can include standalone stores, multi-tenant retail precincts, homemaker centres and trade-focused retail facilities.

Does McMullin develop large-format retail properties in Victoria?

Yes. McMullin develops large-format retail properties across Melbourne and regional Victoria. Our experience includes retail precincts, homemaker centres, trade centres and standalone retail facilities, with projects tailored to the location, retailer requirements and long-term commercial objectives.

Does McMullin develop and retain retail properties?

Yes. McMullin can manage a retail development from site identification and land acquisition through planning, design, leasing and construction, and may retain the completed property as a long-term investment. The Saleyards in Warragul is one example, with McMullin retaining ownership of the completed five-tenancy retail precinct.

Does McMullin work with national retailers?

Yes. McMullin has experience delivering property solutions for a wide range of national and local retailers across various large-format retail developments. At The Saleyards in Warragul, McMullin’s tenants include Sydney Tools, Anaconda, JB Hi-Fi, RSEA Safety and 4WD Supacentre.

How does McMullin select sites for large-format retail development?

McMullin assesses each opportunity on its individual commercial merits. Key considerations include location, site access, visibility, surrounding population and catchment, retailer demand, planning requirements, development feasibility and the property’s potential for long-term performance.

Does McMullin work with leasing agents on retail developments?

Yes. McMullin works collaboratively with experienced leasing agents to identify and secure retailers suited to each development. This approach helps ensure the tenant mix aligns with the location, precinct format, and individual retailer requirements.

Can McMullin partner with landowners on retail development opportunities?

Yes. McMullin works with landowners and other property partners to assess and structure development opportunities. Depending on the site and commercial objectives, this may include development partnerships, joint ventures, or other tailored arrangements designed to unlock the property’s potential.

Does McMullin deliver pre-lease or purpose-built retail developments?

Yes. McMullin can deliver pre-lease and purpose-built retail developments by incorporating a retailer’s requirements into the project before construction. This allows the design, layout and operational requirements of the tenancy to be considered as part of the broader development process.