In what is possibly the largest office leasing deal ever for the city of Wollongong, NSW State Emergency Services (SES) have just committed to a long term lease of close to 5,700m2. The stand alone building, locally referred to as the ex Tax Office, will be substantially upgraded and refurbished to ‘A’ grade equivalent standard. […]
Is Wollongong emerging as the next commercial real estate investing hot spot?
Wollongong could be the prime location for anybody looking to break into the world of commercial real estate investing according to one property services firm. Increased demand for office space in the central business districts of Sydney and Melbourne has resulted in declining vacancy rates and increased rents in those cities, and as a result […]