The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Joel Robinson

Garden-led design drives buyer demand at Yarraville Green

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 41-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 41-storey tower, which has 229 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

[smartcode_project:default project_id=426 project_image_fid=359199]

The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Commercial Listing

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A Sunshine Coast hinterland resort catering to bed and breakfast, small conference and boutique wedding market is up for sale through auction on May 19.
The 4-½ star Maleny Views Cottage Resort and Conference Centre at 1 Panorama Place, Maleny, is being offered as an investment opportunity with the existing managers committed to a long-term lease agreement.
The property is on a land area of about 4,267 sum and generates a net income of nearly $136,036 per annum.
It is being marketed by Ray White Commercial Caloundra’s Len Greedy, Alan Gray and Luca Reynolds.
Gray said the resort is in a picturesque location near the townships of Maleny and Montville and enjoys coastal views.
“There are views from the cottages to the coastline and extending southward to the Glasshouse Mountains as the land is elevated and set above the road level,” he said.
<img src="/images/2016/04/22/Screen%20Shot%202016-04-22%20at%209.16.07%20PM.png" alt="">
The resort comprises three cottages each containing two studio cabins, a penthouse and studio villa, reception and conference facilities, wedding gazebo and swimming pool.
It also has a separate three-bedroom manager’s residence.
<img src="/images/2016/04/22/Screen%20Shot%202016-04-22%20at%209.14.34%20PM.png" alt="">
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prateek24-ezbwHMbNAk

Sunshine Coast hinterland resort to go under the hammer 

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A shed complex in Oakhurst area of Queensland is up for grabs at $599,000 + GST.
The property at lot <a href="https://www.rhcommercial.com.au/properties/lot-67-precision-drive-oakhurst-4650-queensland" target="_blank">67 Precision Drive</a> is spread over 500 sqm.
There is a six-month rental guarantee with the vendor guaranteeing the first six months lease if a tenant is required.
The property is being sold through Raine &amp; Horne.
It consists of two colourbond sheds, plenty of hardstand and parking.
Security fencing over two-thirds of the site. 
Ground floor and Mezzanine office built to high spec, two kitchens and other facilities; roof top solar power 20 kw each shed, low to zero power bills.
And there is a 5,000 gallon underground water tank, plus two 30 000 freestanding tanks.
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Shed complex in Queensland's Oakhurst up for sale

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A two-storey commercial building in the CBD area of NSW’s Dubbo has been listed through Burgess Rawson.
The <a href="https://www.burgessrawson.com.au/buying/NSW/Dubbo-and-Orana/Dubbo/Office/2P1139#.Vsg-G8eO7ow" target="_blank">10-14 Cobra Street</a> property is fully leased, and tenants include Pizza Hut, Australian Hearing Services and Raine &amp; Horne. Among its neighbours are a Red Rooster and McDonald’s.
All the four tenants are on five-year leases with the option of another five.
The investment property generates an annual net income of $242,304 plus GST.
The building has a floor area of 842 sqm with 30 on-site car spaces. Its landholding is 1,926 sum with frontages to Macquarie Street and Mitchell Highway.
Dubbo is a major regional city servicing a geographical area one-third the size of NSW. The city’s population is in excess of 41,000 with a catchment population of more than 120,000, according to the state government website.
The listing agent is Simon Staddon. 
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Two-storey retail building in Dubbo’s CBD up for sale via auction

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A CBD shopping complex and an office space with development potential in Adelaide’s bustling Rundle Mall are on the market.
City Cross Shopping Centre and 32 Grenfell Street are being marketed through JLL’s Simon Rooney and Jamie Guerra, appointed by the Makris Group. 
City Cross comprises a combined 10,524 square metres of core retail and commercial floor space, set on a site of 6,779 sqm.
Retail investment activity in South Australia reached a record high in 2015 at $708 million.
The two major CBD transactions both transacted by JLL, that of the Myer Centre Adelaide ($288 million) sold to Singaporean REIT Starhill and the mixed-use Rundle Place and 80 Grenfell Street ($400 million) sold to US investment powerhouse Blackstone, both located on Rundle Mall, contributed significantly to last year’s record volume and demonstrated the high level of primarily-offshore capital seeking prime CBD retail and office assets, said Simon Rooney, JLL’s head of Retail Investments for Australasia.
City Cross is a mixed-use CBD shopping and office complex, comprising Harvey Norman, A-Mart Sports, two mini majors, 55 specialties and kiosks and four office tenancies with a significant holding income of approximately $6,448,000.
“Developers will be attracted to City Cross due to its absolute prime location in the core of the Adelaide CBD, with frontages to four key streets, its substantial holding income and the ability to unlock significant future value by creating a major mixed-use development subject to Development Assessment Commission (DAC) approval."
Subject to DAC approval, the development could comprise the existing retail, a 22,490 square metre commercial office tower, 316 residential apartments and a 56-bed student accommodation tower, he said.
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Adelaide CBD shopping complex and office space comes to market

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A tenanted three-level office tower in the heart of West Perth is for sale through Colliers International.
Interest in the Havelock Street property is anticipated to be strong.
The 1,131sq m property features a 1288sq m office building with secure parking for 27 cars and a strong net income of nearly $430,000 per annum.
The property is close to transport routes along Hay Street.
Colliers International Director Investment Services Nicholas Agapitos said 57 Havelock Street offered large 590sq m floor plates around a central service core, with banks of windows that ensured good natural light throughout the property.
While the building is in excellent condition, zoning also allows for the site to have other uses, including residential development.
“This property will appeal to a lot of owner-occupiers who will be able to take advantage of its position in West Perth,” Agapitos said.
“It is not often properties in this precinct come on to the market and we expect strong interest.”
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Plum West Perth property heads to market

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Strengthening demand for freestanding retail investment assets has spurred the listing of two prominent Melbourne service stations.
On offer are a Caltex service station in the western suburb of Altona Meadows, together with a combined BP petrol station and car wash in Blackburn.
The 2-6 Central Avenue Caltex station is set on a 2,383sqm site, and benefits from a corner location and strong tenancy profile which includes Woolworths Limited.
The property, which is expected to sell in excess of $5 million, benefits from a strong trading history, having operated as a service station for more than 25 years.
CBRE Victorian Retail Investments has been appointed to sell the assets.
“Being the only Woolworths Caltex service station in an eight kilometre radius, this property represents an outstanding opportunity to acquire a secure investment with potential for capital return,” said Justin Dowers, one of the listing agents.
The BP service station offered for sale is at 233-243 Whitehorse Road, in the heart of Blackburn’s commercial hub, and close to national retailers such as Bunnings, Officeworks, Supercheap Auto and Brandsmart.
The property has three street frontages and a 7.6 year WALE (weighted average lease expiry) provides steady income.
CBRE's Joseph Du Rieu said the underlying land holding and tightly held nature of Whitehorse Road would be likely to generate buyer interest around the $8 million mark.
“Given the current buyer market environment we expect strong interest from local and offshore groups as evidenced by the recent sales of Petbarn on Whitehorse Road and Officeworks, Vermont South, with both assets reflecting initial yields of less than 5%,” he said.
Caltex Altona Meadows is being sold through a public expression of interest closing March 17, while BP Blackburn will be auctioned on the same day.
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Melbourne service stations to pump buyer demand

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A freehold retail investment located at 20 Howard Avenue, Dee Why, which is generating a net income of $214,844 per annum is under offer following its February marketing.
Dee Why was undergoing a massive transformation and this has accelerated rapidly with the introduction of the Town Centre Master Plan, listing agent agent, Vincent West, of Raine &amp; Horne Commercial Northern Beaches said.
On offer was a fully-occupied 840 square metre GLA freehold retail investment.
“This property has plenty of development potential as a consequence of its location in the Dee Why town centre,” said Mr West.
“It’s also perfect for astute investors as it has 5 long-term tenants and comes with the potential for future capital growth.”
“This landmark building is within the growing retail and commercial precinct, which will continue to benefit from the Dee Why’s transformation, and its close proximity to high profile residential developments, beautiful beaches and public transport.”
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Dee Why's transformation is massive: Raine & Horne Commercial

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<div class="cq-article-content-paras section">
Retail landlords caught in the collapse of electronics retailer Dick Smith have been urged to approach the thriving Jaycar Electronics retail chain.
Jaycar boss, and former Dick Smith marketing director Gary Johnston has launched an ad campaign in The Australian Financial Review, encouraging landlords with leases to Dick Smith to ring for a "confidential no-obligation discussion" about their premises. 
He told the AFR he would be pleased to pick up half a dozen former Dick Smith premises. 
"We're already in negotiations with a number of landlords," he said.
"We're interested in the retail strips and good, free-standing sites, but not the shopping centres.
"The great bulk of our customers are men, who have a deep-seated dislike of shopping centres." 
About a fifth of the Dick Smith stores in Australia and New Zealand are in the malls of the country's two biggest mall landlords, Westfield owner Scentre Group and Vicinity Centres.
Jaycar more than 90 stores in Australia and New Zealand.
"I've been around long enough see the threat of the dotcom business, but I believe we are still a nation of shopkeepers and I still have faith in bricks and mortar retail," Mr Johnston said.
"We have a big website and our customers are tech savvy, but they love to come in and have a browse around."
Mr Johnston said the Jaycar business owned about half its retail premises.
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Jaycar seeks expansion into Dick Smith retail space

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Axieo Specialties has leased 556 square metres of office space at 16 Giffnock Avenue in Sydney's Macquarie Park.
The property was leased at $290 square metres net for a term of five years.
“Axieo were looking to upgrade their current premises at Seven Hills and <a href="https://www.realcommercial.com.au/property-offices-nsw-macquarie+park-501022175" target="_blank">16 Giffnock Avenue</a> ticked all the boxes.
The offices were refurbished and it was in a location which was easily accessible by public transport and major motorway connections,” said Tom Merrett of Savills Australia who brokered the deal on behalf of Stockland.
“There is a growing trend of businesses moving down the M2 to Macquarie Park to take advantage of improved public transport infrastructure.”
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Macquarie Park office site leased by Axieo through Savills

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The NSW government is selling eight properties in Sydney and major regional cities through Burgess Rawson auction on December 8.
All are on long leases of 5 plus 5 plus years with the tenant paying all outgoings.
The rental increase is a fixed 3%.
Net incomes range from $23,445 per annum to $335,760 per annum.
The properties are at Bathurst (Robin Hill), Cessnock, Deniliquin, Grafton, Mittagong (Welby), Penrith, Unanderra (Wollongong) and Tweed Heads.
Service NSW, and the remnants of the RTA are the typical tenants.
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