‘Rents starting to grow’: Bars and restaurants fill city as shop vacancies plummet
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Source: The Age
Published: 2026-04-24 05:30 UTC+10:00
Section: Business / Markets
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Science, Australia, Food & Agriculture, Space, Business & Economy
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Snippet:
The empty shops that plagued a third of Melbourne’s CBD four to five years ago are now few and far between as vacancy rates plummet and a surge in restaurant and bar openings fills half of the city’s retail space.
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