Investment in commercial property is much more cumbersome than houses and apartments. Despite the fact, the investors are making a paradigm shift towards regional Victoria for better returns and more attractive growth opportunities. If you’re planning to start a business in Regional Victoria, to save some of your headaches, hire professional removalists for a stress-free move.
Value for money, infrastructural investment, quality of life, proximity to major cities are the major factors that are driving the current phase of growth.
BALLARAT – Located on the Yarrowee River and lower western plains, Ballarat is the third most populous urban area in the state. Ballarat has more of a stable market, which in turn creates confidence. If a supply and demand point of view is considered, there is a continuous growing demand for investment in commercial real estate in Ballarat.
BENDIGO – Bendigo is a major regional city in the state of Victoria, Australia. The commercial buildings for sale in Bendigo are not overly high. The general turnover rate is quite high. Many of the properties that are listed in the market sell promptly as long as they are securely leased. At the moment, not many people are looking for investment, so grab the opportunity.
THE GREATER GEELONG AREA – The second most populous area in the Australian state of Victoria is the Geelong Area. The largest non-capital city and its incentive opportunities entice investors to buy commercial property. With an aim to support businesses to open, expand or relocate – the state government introduced a stamp duty discount which lured commercial property investors.
WODONGA – A small city located on the Victorian side of the border with New South Wales is Wodonga. Such regional areas are resilient and over a long period have always provided good and steady growth. Competitively priced land, a diverse economy and lower overheads for investors are some of the factors that lure commercial property investors.
HOW CAN REMOVALISTS ON RUN HELP?
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