Month: October 2020

Hope Island boutique estate is a popular drawcard for couples

Hope Island boutique estate is a popular drawcard for couples

first_imgSheehan Ave and Harbour Rise Hope IslandALMOST half of a Hope Island waterfront estate has sold within 10 days of hitting the market.Hammock Place is a boutique development with nine blocks, including six on the waterfront.Located on the corner of Sheenhan Ave and Harbour Rise with blocks ranging from $370,000 to $615,000.Professionals Vertullo Real Estate agent Chris Parker, who is marketing the estate, said he had never seen property sell so fast.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North11 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago“In 15 years of real estate I have never seen anything like it,” Mr Parker said.Mr Parker said he was being inundated with inquiries.“I get about 10 calls a day and up to 30 calls on weekends,” he said.First home buyers and couples have bought the blocks according to Mr Parker.The development includes its own 15m marina berths.last_img read more

Development on the rise in southwest corridor as buyers swoop

Development on the rise in southwest corridor as buyers swoop

first_imgThe Carter family are excited about their new home being built in Springfield Lakes — giving them a lifestyle they might not be able to afford elsewhere.DEVELOPMENT in the southwest corridor is rapidly rising with land being snapped up across the region and developers struggling to keep up with demand.Developer Penfold Property Group, who have significant greenfield land holdings in Doolandella, Heathwood, Pallara and Ellen Grove said they will see in excess of 450 homesites developed in the area to meet the rising demand.The Group’s managing director Marc Wilkinson said the company had seen a rise in the number of pre-sales for land in its Hampstead Heath project prior to construction.“To date, 72 per cent of sales have been made off the plan, which indicates the confidence of buyers in the market and undersupply of land in the Brisbane City Council area,” Mr Wilkinson said.The Hampstead Heath project has experienced 72 per cent of sales off the plan.Lend-lease is also reporting a rush on its releases, with buyers snapping up the last lots of its lakeside precinct, The Peninsula, in Springfield Lakes, with less than 50 lots remaining.Lend-lease’s Communities Business in Australia managing director Matthew Wallace said buyers were definitely looking for more choice, affordable price points and great amenities right on their doorstep.And the southwest corridor seems to be delivering exactly what buyers want.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoLarissa Carter and her family who bought in The Promenade at Springfield Lakes 12 years ago have purchased their second home, a waterfront block in The Peninsula.“We would always walk by the lake and say our next home would be to that side of the lake, right on the lake and we are doing just that — building our dream waterfront home!” Ms Carter said.“We are a family of five and value for money is really important, the waterfront block will be a great investment for our family.“We cannot wait to have the luxury of a lot more room, amazing water views and finally a swimming pool.”The $6.7 billion Flagstone City project near Jimboomba is also gearing up to meet buyer demand, with the release of more than 30 new residential lots.Peet managing director and CEO Brendan Gore said the development was moving ahead rapidly and it wouldn’t be long before home buyers who build early would find themselves in the heart of the new city.Flagstone City is releasing 30 new residential lots.Colliers International are also reporting strong buyer demand with marketing agent Clinton Trezise saying there had been strong growth in their Teviot Downs acreage estate with an average of 10 per cent annual price growth over the last 10 years.With high demand, strong growth and a stream of new amenities and facilities, the southwest corridor is proving that it’s the place to live.Teviot Downs at Greenbank is selling its last acreage blocks.last_img read more

First home buyers can pay a fifth for an apartment in Brisbane compared to Sydney buyers

First home buyers can pay a fifth for an apartment in Brisbane compared to Sydney buyers

first_imgA one-bedder in inner city Petrie Terrace is seeking offers of more than $199,000 — a lot cheaper than a similar property would set you back in Sydney. Picture: realestate.com.auI had dinner with an agent this week — a young woman in her twenties selling units in the Eastern Suburbs of Sydney.We were discussing the cost of one-bedrooms apartment which she had recently sold or was currently negotiating.The prices of these ranged from $1 million to $1.7 million!When I asked her what was the main demographic of buyers, she said it was singles or young couples her age — say what?!Oh and for the record, these units were roughly all less than 50sq m, without harbour or city views and some without car parking spaces.In a week when the budget announced measures to help first home buyers enter the market, I genuinely hope they’re not trying to push them into these areas.Most of the country is offering great value, but these inner city markets of Sydney and Melbourne are not the place for a first homebuyer to be dipping their toes.More from newsMould, age, not enough to stop 17 bidders fighting for this home5 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor5 hours agoTo give you some comparison you could do a search of properties listed in Brisbane’s CBD and find one-bedroom units for less than $200,000 or even in New Farm in the $200,000s.I completely understand the population benefits of Sydney, but is Brisbane really only 20 per cent (or less) of their price?Fortunately, the budget does seems to have a plan to steer these first home buyers into the markets that are not overstimulated.There is a provision in the budget that extends the powers of APRA, which can dictate to the banks on some of the lending criteria for certain suburbs.This could likely mean the banks will be restricted on the amount of money they can lend in these bull markets.I believe this and the levies applied to foreign investors, if used in the spirit of the budget, could slow these super fast markets.last_img read more

Three Gold Coast artists are letting go of their biggest inspiration

Three Gold Coast artists are letting go of their biggest inspiration

first_img35 Korong St, Southport.The family spent $400,000 renovating the home, which included new bathrooms and a new roof. The four-bedroom home is north east facing and is encompassed with a leafy setting 35 Korong St, Southport.THIS riverfront property has been a constant source of inspiration for three professional artists. The trio — Louie Da Lozzo along with his wife and daughter — bought the home in 2008 and said it had been their longest stint in one house. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North5 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago35 Korong St, Southport features art in every room“We move a lot because we need to keep our inspiration flowing,” Mr Da Lozzo said. Mr Da Lozzo said his family usually spend about four years in a home. “We have lived everywhere from Toowoomba to Cairns but this place is very special, it’s quiet but you’re in the middle of it all. The garden is one of the most wonderful places to be.” last_img read more

Revamped Scarborough home great for entertaining

Revamped Scarborough home great for entertaining

first_imgThe home at 1 Frawley St, Scarborough.THIS renovated three-bedroom home has a huge outdoor kitchen and is within walking distance to the beach.Owner Elizabeth Kiss said she had lived in the home at 1 Frawley St, Scarborough, for more than 20 years.In that time the house has been completely renovated and extended. The home at 1 Frawley St, Scarborough.The open-plan living, dining and kitchen area flows out to the big patio where there is an outdoor kitchen area.The kitchen has gas cooktop, two pac cabinetry and a walk-through butler’s pantry that has been plumbed as a cool room.Outside, the yard is fully paved and there is a 6m x 3m shed and a second slab ready for another shed or spa. The home at 1 Frawley St, Scarborough.“There’s now an entertainment area, a big barbecue area and a nice big kitchen,” Ms Kiss said.“The outdoor entertaining area is my favourite space, though — we have a lot of parties with lots of friends and family.“We like to get together on the weekend and the outdoor area is big enough for everyone.”At the front of the home there is a double carport behind the front fence of the 405sq m block.More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019Inside, there are three good-sized bedrooms with built-in wardrobes, a family bathroom and a study.There is also a second bathroom in the laundry area.center_img The home at 1 Frawley St, Scarborough.The home is walking distance to Queens Beach, Scarborough Village, schools and the local shops.“It’s a very friendly and a very safe area,” Ms Kiss said.“I’ve lived here for so many years and I never had any trouble in that time. “We often walk with the dog to Redcliffe to the markets or down to Queens Beach.“Whoever buys the house will be very pleased — coming home is like being on holidays.”last_img read more

Manor mansion passed in at auction

Manor mansion passed in at auction

first_img2 Charlton St, Southport was passed in at auction.A SOUTHPORT mega-mansion with a Kardashian-inspired kitchen has failed to sell at auction. The property at 2 Charlton Street went under the hammer at the Palazzo Versace today.Despite a crowd of 20 attending, the property was passed in with no opening bid. The house sprawls over 5,238sq m of manicured land. Each room is themed differently.The sprawling seven-bedroom, nine-bathroom manor estate features extravagant imported decor such as a chandelier dripping Czech crystals and Ralph Lauren wallpaper, and a Tuscan-style pool and tennis court.Well-travelled, successful businesswoman and vendor Fiona Jackson stripped the manor back to its “beautiful bones” after purchasing it in 2013. A crowd of about 20 people attended the auction at Palazzo Versace.Marketing agent Michael Mahon of Queensland Sotheby’s International Realty said he would continue discussions with “three interested parties”.“There was a strong level of interest,” Mr Mahon said.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour ago02:37International architect Desmond Brooks selling luxury beach villa21 hours ago“One is local and the other two are from interstate.” The kitchen was custom designed to look like it could belong to a Kardashian. Or you could have a soak in this OTT bathroom.“It was so run down, but I had such an amazing vision for it,” Mrs Jackson told the Gold Coast Bulletin recently.“We travel a lot so most of the ideas and materials came from overseas.”The property has been on the market since 2015 and its campaign has included an agency change. The Tuscan-style pool area is inviting.last_img read more

Live like life’s a holiday

Live like life’s a holiday

first_imgA render showing the Ella and Chester apartments.Virgin Australia pilot Gary Moverley spends half his life living out of a suitcase.But when he came across the plans for Chester by Kokoda Property, he knew he had found a place to call home. A render showing the rooftop terrace at the Ella and Chester apartments.“I am moving from Auckland to Brisbane and wanted something that was high-end,” he said from New Zealand.“The time I have off, I want it to be as easy as possible. And I wanted something resort-like that I could just lock and leave when I went to work.” A render showing the living space inside a penthouse at the Ella and Chester apartments.More from newsParks and wildlife the new lust-haves post coronavirus20 hours agoNoosa’s best beachfront penthouse is about to hit the market20 hours agoMr Moverley has spent most of his working life living in hotels. Before that, he was in the Australian Army.He said he was drawn to Chester due to the quality finishes and amenities on offer, buying a two-bedroom apartment off-the-plan.“The location was a big factor,” he said. “You have The Emporium, James St, The Gasworks, just there.”Kokoda Property is based in Melbourne but has opened an office in Newstead. The company has completed over 30 residential developments in Victoria, and Chester and Ella mark their first foray into the Brisbane market.They also have Obsidian at Milton, and land at St Lucia to develop.Kokoda Property director of sales and marketing Sam Tucker said 85 per cent of the apartments across both Chester and Ella had sold, with “about 50” still on the market.When complete the development will see 320 luxury apartments across two 18-storey buildings with hotel-style shared amenities including around-the-clock concierge, a rooftop terrace, health and wellness centre, private dining room, cinema, pool and shared outdoor kitchen areas.Just 18 apartments are still available in Chester, starting from $485,000. Thirty-six apartments remain at Ella, from $555,000.Mr Tucker said both towers shared a common podium, and would likely rise out of the ground in May.last_img read more

GSM data link research completed

GSM data link research completed

first_imgImproved passenger information and emergency communications are in prospect following a research programme funded by Britain’s Department of Trade & Industry. Details of the Hiflirts project are to be unveiled by ERA Technology on January 24. The High Intensity data For Light Rail Transport Systems concept uses GSM radio links to transmit compressed digital audio and video signals and other data to and from moving vehicles. An on-train help point will provide communications between passengers, driver and control room staff, with video providing a back-up to the radio communications to enhance the perception of passenger safety. Multiple-channel radio operation offers enhanced bandwidth, conveying video images at 1 frame/sec. A demonstration unit has been developed under the initial programme, and the Hiflrts partners are now seeking further funding to help implement a trial operation on an existing light rail route.ERA Technology Ltd,Great BritainEnquiry Form Number 141last_img read more