How Butler scores on operator dimensions
Interpretive 1–10 ratings for hospitality and retail — separate from the engine composite above. Expand a row for analyst notes where available (6 of 10 include extended rationale).
Car-led; strip footfall improving as centre densifies.
Family casual and takeaway are the honest plays.
Local strip still has gaps; Clarkson sets quality bar.
Convenience and services outperform fashion.
Marmion Avenue and Mitchell Freeway access improving.
Strong when you capture households as estates complete.
Locals only.
Accessible versus Clarkson and Currambine frontage.
Ramp timing and over-fit-out before habit forms.
Rooftops still arriving — revenue lags by 12–18 months.