Regional Commercial Property News

The residential property boom in regional towns is having a flow-on effect to commercial property markets with areas in demand with homebuyers offering savvy investors promising commercial opportunities.

Investors are banking on large investment returns from regional hotel assets with a string of hospitality properties in NSW and Far North Queensland recently changing hands.

A Bendigo building tenanted by Australia Post, sold for $6.375 million this week in a competitive auction that saw a Melbourne investor win-out against a local bidder. Recent commercial sales in the City of Bendigo have reflected the interest of interstate investors in Victoria’s fourth largest city.

If you’re travelling through regional Australia and it seems like there’s a craft brewery around every corner, you’re about right. And it’s country and coastal towns, not the cities, that have attracted most of the business. Today, of the 650 independent craft breweries nationally, two-thirds are located in the regions.

An “insane” world-first, wave-generating surf pool near the Queensland town of Yeppoon – built in 2018 as a prototype by an Aussie start-up – could be open to the public by late 2022 if a $187 million development plan gets the nod.

There is increasing buyer interest in regional tourism and leisure properties as Australians holiday at home during the coronavirus pandemic.

It has been one of the crowning jewels of the Clare Valley region for more than 40 years, and now the world-famous Skillogalee at Sevenhill can be yours.

An idylic tropical island — and it could be yours.

A rare property that has become an icon in the Southern Flinders Ranges is offering prospective buyers the chance to own a 155-year-old blacksmith shop and multiple residences.