New $45m Warragul retail centre opens up investment opportunities
The West Gippsland town of Warragul is earmarked for a major commercial property development - a ...
The West Gippsland town of Warragul is earmarked for a major commercial property development - a project that may attract the interest of investors.
Announcing approval of a $45 million retail centre yesterday (March 19), Victorian planning minister Matthew Guy said the facility will attract business investment and boost job opportunities in the region.
"This is great news for the people of Warragul, bringing new job opportunities, and greater choice and competition," the minister explained.
"Regional towns need to be able to capture opportunities to ensure they can protect their local economy and compete effectively with larger nearby cities."
The new shopping centre will give local residents more options for whitegoods, camping and outdoor equipment, building and homemaker products, as well as furniture, member for
Narracan Gary Blackwood said, adding that demand for these is growing as the town expands.
Those looking for a commercial retail property investment in the Gippsland area may be interested in the development, with it opening up opportunities for new business in Warragul.
The introduction of a Special Use Zone to the retail site will ensure the building maintains a high standard of urban design and protects the unique town centre.