By Rich Williams.
Anyone who is looking to invest in Sydney prestige properties should also consider checking out the commercial property market in Dubbo. Dubbo real estate offers a great variety of properties and prices. I know of one investor Bruce Bolam, a former Bathurst Mayor who has been a successful investor in Dubbo commercial real estate for some eleven years now.
Consider Investing in Dubbo Real Estate like the Darcy Kennedy Building.
Dubbo is a part of the Evocities campaign designed to educate city-siders of the benefits of living in one of the major regional centres of NSW such as Dubbo. Evocities consists of seven regional cities (Albury, Armidale, Bathurst, Dubbo, Orange, Tamworth and Wagga Wagga) that have united and injected funding to encourage capital city residents to make the move to an Evocity (EVO= Energy, Vision and Opportunity).
The Evocity campaign showcases the abundance of opportunities in seven regional cities (of which Dubbo is included), due to their lower cost of living, strong career and business opportunities and enhanced lifestyle. So before succumbing to the lure of investing in one of the Sydney prestige properties, please consider investing in Dubbo real estate as additional demand will now be driven by the new Evocity campaign. With an “Evocity” lifestyle it is claimed you spend less time commuting, working and stressing, and have more time to spend with your family.
So while Sydney prestige properties can on average provide a great return on investment they also cost a lot more to purchase then compared to investing in one of the Evocity’s such as Dubbo. Please do the numbers on investing in Dubbo real estate. For example the Darcy Kennedy Building as pictured here and is being sold by owner Bruce Bolam for $2,750,000 and currently provides a monthly rental return of $23,868.12 (including GST).