Some more exciting news for individuals investing or looking to invest in Wyndham Vale! Ranfurlie Asset Management, the retail and commercial division of the Dennis Family Group, responsible for a portfolio of four shopping centres located in Victoria, has recently announced the expansion of the Manor Lakes Central Shopping Centre which is only a 2-min drive (1.2 km) from the Tycoon Site located in Wyndham Vale.
Construction of the new Manor Lakes Central expansion will start within a few weeks, at a cost of more than $60 million. This mammoth expansion will include:
Alfresco dining spaces will link indoor and outdoor public areas and connect to landscaped communal spaces and kids’ activity zones, complete with bike tracks and mini climbing walls giving the locals an active shopping experience where they can enjoy spending time with family and friends while providing 300 construction jobs and more than 400 on-going jobs for the region.
This infrastructural development along with various other infrastructure projects and residential projects currently in the pipeline will propel Wyndham Vale into one of the most sought-after investment opportunities offering higher yields, greater cash flow and greater economic returns for investors and potential investors alike.
Wyndham Vale has been fortunate enough to witness consistent and continuous growth in property prices over the last 5 years despite current market conditions given the heavy cash injection for multiple infrastructural and housing projects in this suburb. With 2018 being the slowest year in Property Market, this suburb has not only retained its worth but is projected to grow even further.
If you haven’t already invested in Wyndham Vale, we believe, now is a perfect time!
Pay 5% Now, 5% in Dec’19 to book your block and settlement in Oct 2020.