Property

Issue No. 47 - June/ july

Building community spirit

Commercial and retail property investment and development veterans, Maras Group is pursuing an interesting commercial renewal strategy exemplified by its recent project, the Guster Building in Fullarton.

Noted for work in Rundle Street’s East End re development,the Maras Group focuses on commercially sustainable development “underpinned by quality and long-term occupiers” according to MD, Steve Maras.

“The historic Guster Building has been redeveloped by the Maras Group to make it a main road showpiece while still retaining the building’s heritage. It was also crucial for the group to enhance the community value of the well-known building,” Steve says. The building comprises four retail leases. Steve says there has been very little re-construction of older style strip shops on metropolitan Adelaide’s main inner-city streets.

“Few developers would complete a development of this kind,” he says.

“We’re specialising in the kind of work where...

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