Two years after it set a commercial property record, a landmark Wollongong site is now expected to fetch more than $50 million.
Local Shell Cove residents will soon have access to Woolworths, BWS and a host of new businesses who will open their doors for the first time shortly in the new Shell Cove Town Centre. The new shopping precinct will provide a vibrant, welcoming atmosphere to The Waterfront at Shell Cove.
New figures have revealed the popularity of townhouses is soaring, with approvals for new townhouses at record levels in Australia’s biggest cities.
China is set to be home to the world’s largest indoor ski resort, with a huge 90,000sqm snow park coming to Shanghai.
Selling a tenanted property often makes financial sense for investors. Not only do you need to sell at the time that’s right for you in terms of the highest possible sale price, but continuing to receive rental income right up until the property sells can make a huge difference to your bottom line and ensure that you stay on top of investment loan repayments. It’s also appealing to potential investors if a property already has tenants in it.
Like any major investment, buying real estate off-the-plan can be high risk if insufficient research has taken place. But there are also perks to buying property that has yet to be built.