Development sites in strong demand

With the hunger for land in regional Victoria at an all-time high, boutique agency, Latitude Real Estate, which specialises in residential land sub-divisions, medium density developments and apartments, reports a massive increase in turnover of regional development site sales.

The increase on previous years can be attributed to having professional experienced staff on the ground servicing Victoria and providing vendors with a service exceeding expectations.

The professional developers, investors and land bank buyers have returned to the market seeking to replenish their stocks on the back of the current boom conditions.

Demand generally is for all property and all sizes suitable for development of residential, retirement living, childcare, service station and industrial applications.

Latitude’s development sales and acquisitions manager Michael Lowe said they are seeing great demand in the Geelong, Surf Coast, Bellarine, Rockbank, outer Melbourne, South East, Ballarat and Bendigo areas, in fact most areas of regional Victoria.

“We have our team in place that can handle all aspects of marketing and selling any development site across Victoria,” Mr Lowe said.

“We have a huge database of clients crying out for development land no matter if it is a small infill opportunity or large greenfield or land banking site.”

Latitude Real Estate is a personal company with experienced and licensed staff who work with property owners in advising the best approach to market their individual property including to Latitude’s large national and international database.

Latitude specialise in development sales with one aim – to achieve the best result for the property owner.

For an obligation free discussion, Michael Lowe can be contacted on 0409 844 361 or email at [email protected].