LOCAL KNOWLEDGE
WORLD CLASS EXPERTISE
SIMPLIFYING YOUR COMMERCIAL PROPERTY INVESTMENT JOURNEY

We thought you may be interested to know of a recent VCAT hearing which is of relevance to all
commercial property landlords.

The City of Brimbank located in Melbourne’s West includes suburbs such as Brooklyn, Derrimut, Sunshine and Keilor Park. The municipality has approximately 2,200 hectares of industrially zoned land making it one of Melbourne’s largest. Some 231 hectares or 10.5% of the industrial land is presently vacant. Many of the remaining parcels are larger lots, not all of which are fully serviced.

You may have seen the recent article published in the AFR claiming it's much harder for retail strips to "curate experiences" due to the individual ownership of the shops.

If you missed it, here is a link.