Older Dubbo offices struggling to attract leasing inquiry: HTW

Older Dubbo offices struggling to attract leasing inquiry: HTW
Staff reporterJune 12, 2018

Older Dubbo offices are struggling to attract leasing inquiry.

The location of Dubbo office accommodation has diversified significantly in recent years with the development of a number of business park precincts, exemplified by the Blueridge Business Park in East Dubbo (above) and Riverview Business Park in North Dubbo, according to the latest report from Herron Todd White.

Both offer single ground level office unit accommodation and have drawn a divergent range of office users to these areas according to the report.

These business park developments offer the particular advantage of onsite parking and purpose built amenity.

But older CBD office space, particularly those without lift services in multi floor buildings, struggle to attract leasing enquiry.

This can be compounded where car parking is limited, the report suggests.

As a consequence, office users who don’t rely on physical client contact have gravitated to periphery CBD locations or the aforementioned business park developments.

It noted government and allied agencies that require face to face dealings with the public need to be located within easy access to public transport and other support services.

According to the report this necessity has confined these agencies to within the Dubbo CBD and they are the major source of leasing demand for larger, modern, publicly accessible and NABERS compliant office space.

 

Editor's Picks

Coronation Property Group breaks ground at new Chatswood apartment development
MAYD kicks off construction of ultra-luxury ONE Burleigh apartment development in Burleigh Heads
TOGA installs first tower crane at Macquarie Rise as construction gathers pace
Olympic infrastructure fuels residential boom in Maroochydore City Centre
Australian Federal Election 2025: How Labor and Liberal plan to fix the housing crisis