CBD shops filling up: Occupancy levels jump as confidence in retail grows

Ryan Hammerton

Ryan Hammerton

OCCUPANCY of CBD premises is believed to be at its highest rate in more than 10 years.

Mildura City Heart chair Ryan Hammerton said a recent reduction in vacant spaces had been driven by new businesses in the hospitality, service and retail sectors.

He said existing businesses were also choosing to invest in the precinct, pointing to the substantial redevelopment of the Sandbar and upgrades to store fronts.

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