This spectacular island property off Far North Queensland has two houses, a beach hut and views to rival the Maldives.
But this one will cost you less than a bog standard house in parts of Brisbane.
Located on Prince of Wales Island, also known as Muralug Island, in the Torres Strait, the 1214sq m property has spectacular views across the channel to Horn Island, Thursday Island and to Cape York.
It is listed for offers over $1 million, which means it could cost you less than the average house in some suburbs in Logan-Beaudesert (Chambers Flat, Forestdale) and Ipswich (Brookwater, Corinda).
According to the latest ABS census, the island was home to just 20 families in 2021, with 61 private dwellings on the Torres Strait’s largest island.
It had a population of just 62 at that time.
“The island is used predominantly for recreation purposes by the people of Thursday Island; the western coastline is mostly local government camping and recreation reserves,” according to the Torres Strait Council.
“A number of families live on Prince of Wales Island, however the island does not have established facilities for electricity, water, waste and sewerage.
“Most rely on power generators to supply electricity, water tanks for clean water, and a daily pick up by contractors to collect and dispose of refuse in the temporary landfill on the island.”
But who cares when you have THAT view.
Lot 104 Muralag Beach Rd offers freehold land with two houses that have been designed to be completely self-sufficient and off the grid.
“All electricity needed for the property is provided by power, a brand new Selectronic SP PRO and 4 ABB selectronic certified inverters, new solar panels, 24 lithium storage batteries plus a new backup 10.5 KVA Kubota generator in case you need it,” the listing says.
”Eight water tanks to collect the monsoonal rains, storing the pristine water all year round for drinking, cooking, and washing.
“Opportunities like this are a rarity and the Torres Strait provides an incredible backdrop.”
The “First House/Top House” features four bedrooms with built-in wardrobes, split-system airconditioning and access to a private balcony. There is also a laundry and bathroom on the bottom level, while the top level is home to the open plan living area with wraparound kitchen, a timber feature ceiling, airconditioning, internal and external stairs.
Adjoining the main living is a huge running the full length of the building with stunning views. This house has been fully renovated and rewired.
The “Second House/Bottom House” has been partially renovated and has three bedrooms, an open plan living and kitchen, bathroom and laundry. It too has a full length deck.
The covered “Beach Hut” has been newly built and has stairs directly to the sand.
“Thursday Island, which is the main commercial hub of the Torres Strait Islands, is located a short 5-minute boat ride from Prince of Wales (Muralag Island),” the listing says.
“Here you will find all you need if you need it, Australia Post, restaurants, grocery stores, Mitre 10, a pharmacy, medical centres, the hospital, fuel and much more.”
The property is listed with Lamonds Real Estate and is being marketed as a family home, weekend getaway, commercial opportunity or investment.
Property magnate Ching Chiat Kwong, who leads Singaporean listed developer Oxley Holdings, is pursuing a post-pandemic side project on the Gold Coast, lodging plans for an ultra-luxury $150 million residential complex at Sovereign Islands.
The prestige property retreat, which lies in the Southport Broadwater, will be home to 10 high-end apartments along with a restaurant, wine bar, pâtisserie, wellness spa and luxury retail outlets.
Through Oxley, Mr Ching has a track record of developing both commercial property and mainstream market apartment towers from London to China. The Singaporean tycoon is also very familiar with Australia, after Oxley took over a Perth builder four years ago. As well, Mr Ching has been spending time in Melbourne this year to attend a lawsuit over the collapse of Newsat, in which he was a major investor.
But it was Mr Ching’s experience of pandemic lockdowns that prompted a wide-ranging rethink on his life, the importance of a home and on what sort of legacy he wanted to leave, the Oxley executive chairman tycoon said.
And it is why his plans for the patch of land he acquired on the Gold Coast location about nine years ago also changed, switching from the well-trodden developer route of maximising the number of apartments built to achieve the best profit, to scaling the project back to just 10 ultra-luxurious residences.
“Sovereign Islands is a personal project,” Mr Ching told The Australian Financial Review during a recent visit to Melbourne.
“This is my pet project. One of the things I haven’t done together with Oxley is a super luxurious type of development. I want to try to do that. Australia’s Sovereign Islands has given me the opportunity because it is my own affair.
“I want to see how far I can go with my own experience and foresight.”
[TAG0]The Sovereign Island apartments include access to a super yacht-sized marina berths.
Oxley itself has launched 51 projects since listing in 2010: from the massive Royal Wharf mixed use development in London and the Dublin Landings office development in Dublin, to a host of apartment projects in Singapore and the Oxley Towers, hotel and office development in Kuala Lumpur.
In comparison, the Sovereign Islands project, which will get under way early next year, will be very boutique.
“Every phase in your life there must be a favourite, that something that you try, that you really want to do before it’s too late, before you lose your momentum, and before you lose your motivation,” Mr Ching said.
The level of luxury and ocean views at the Sovereign Islands development have already found favour with Mr Ching’s network of high-net worth individuals, which stretches from London to Japan, he said.
Four of the residences, priced between $20 million to $25 million, will be three-storey so-called “water pavilions” encompassing more 1,000 square metres, rooftop entertainment and pool decks, each with standalone access.
The six other residences – three of 350 sq m and three of 550 sq m – will range in prices between $6-$8 million.
The development is based around two three-storey buildings. Less than a short walk is the marina, where residents will have access to the super-yacht-sized berths.
The development’s design itself is loosely based on the billowing forms of boat sails and the shape of a super yacht, a reference to the Gold Coast’s beach and yachting culture.
“The pandemic changed a lot of people, including myself. I thought I better do something I really want to do. What are the things I really want to do in my life? One of them is to actually do luxurious apartments with the resources I have such as this beautiful land facing the Pacific Ocean.”
Your property is your castle, and you want to keep it safe from intruders. But what are some practical ways to make your property more secure? In this blog post, we’ll explore some actionable tips to help fortify your home or business. Read on to learn more!
Keep Your Doors And Windows Locked At All Times
When it comes to security, one of the simplest yet most effective steps you can take is to always keep your property’s doors and windows locked. This acts as a deterrent for potential intruders, making your property less appealing than ones with weaker security measures in place. If you feel like additional security is necessary, and you are located in Australia, consider installing a deadlock, which is a more secure lock for your doors. Make sure to consult with security door specialists in Perth—they have the expertise and know—how to give your security a boost. Ultimately, there’s no substitute for persistent vigilance when it comes to protecting yourself and your home from harm.
Keep Your Property Well-Lit, Both Inside And Out
Good lighting is essential for keeping your property safe and secure. Effective exterior lighting deters ill-intentioned individuals and acts as a beacon of safety should you fall victim to a crime. Inside, proper lighting serves many practical purposes such as making it easier to see your living space and to find items that may otherwise be lost in the darkness. An often-overlooked benefit is that interior lights can make it easier for neighbors or law enforcement to recognize any irregularities inside your home that could indicate an unwelcome presence. Make sure to keep in mind how far the illumination from each light source reaches – invest in higher-quality fixtures for added assurance and peace of mind!
Install Security Cameras And/Or An Alarm system
Enhancing the security of your property is a smart, proactive step that can go a long way in protecting your home and family. One of the best ways to do this is by installing security cameras and/or an alarm system. Security cameras can help police identify perpetrators of crime and can deter anyone from entering your home uninvited at all hours. An alarm system also helps prevent unauthorized access and can alert authorities when it’s triggered. Both security camera systems and alarm systems are excellent choices for safeguarding what matters most—your family’s safety and peace of mind.
Don’t Leave Valuables In Plain Sight
A major key to protecting your property from theft or burglary is to minimize the items that are visible from outside windows and doors. Valuables such as jewelry, computers, expensive artwork, collectibles, and other items should not be left out in plain sight. Instead of displaying these items, put them inside locked drawers or cabinets where they won’t be easily seen by potential burglars. If something must be left out in the open, such as an expensive piece of furniture or a family heirloom, make sure it’s well protected with a security alarm system and/or window bars. Taking the time to secure any valuables within the home makes all the difference in keeping you and your belongings safe over time.
Get To Know Your Neighbors
Knowing and having a relationship with your neighbors is one of the most important steps to ensuring the safety of your property and neighborhood. With that in mind, it’s important to put in the effort to cultivate meaningful relationships with your neighbors. Get to know each other, and exchange contact information so you can easily keep in touch, and watch over one another. It doesn’t have to be complicated – something as simple as introducing yourself when you see them outside or attending community events together can go a long way toward promoting solidarity among neighbors!
Taking the time to take these precautions is a wise decision that will go a long way toward keeping you, your loved ones, and your belongings safe from those who might harm you. It is also important to stay vigilant and remain aware of general safety measures so that you can act fast in the face of any threats. Finally, it is always beneficial to work with local law enforcement if you feel uneasy or believe that something is off; security begins with community cooperation. Jane Friedman encourages everyone to follow these tips for maximum safety and peace of mind.
A sprawling suburban Brisbane masterplanned residential project stalled in the wake of the global financial crisis with half of its six stages completed is being revived.
Paused 14 years ago, reworked plans for the remainder of the Parklands at Sherwood estate in the city’s west have been filed by developer Pradella Group.
Spanning almost 8.5ha, the low-to-medium-density development sits on a former light industrial holding bounded by Sherwood Road, and Egmont and Thomas streets.
Across the completed first three stages, 93 homes have been delivered—comprising a mix of two-storey detached and attached housing as well as two-to-three-storey apartment buildings.
Close to half of the site is dedicated to public parkland.
Under the revised scheme for the final three stages, an additional 157 two and three-bedroom homes across four apartment buildings of three to five storeys and a cluster of 10 two-storey townhouses would be delivered.
The initial approval granted for the remaining undeveloped 2ha portion of the site was for 193 one, two and three-bedroom homes.
A planning report said Pradella’s masterplan review and the proposed changes lodged with the Brisbane City Council were aimed at meeting “current market needs and expectations”.
It said the updated proposal designed by architecture firm Rothelowman would cater for a range of household types and improve built form outcomes.
“The last development on the site [a three-storey block of 54 units] was completed in May 2009. Due to events including the global financial crisis of 2008 and the major flood of 2011, market conditions were not favourable for further development of the project.
“However, with the increasing pressure for new housing in recent years, it is proposed to move forward with the remaining undeveloped stages 4 to 6.”
According to the report, the proposed changes provide “an opportunity to contemporise existing approvals and bring them to market within a short timeframe to contribute infill housing supply from a masterplanned site that has minimal impact upon existing residents and traditional housing areas”.
“Approval of the changes will allow detailed design to immediately commence and progress the delivery of additional housing choices including affordable housing supply in a location which is close to schools and services.”
It added: “Given the current housing crisis in the region, delivery of additional housing supply under existing approvals should be facilitated”.
Parking spaces for 334 cars and 199 bicycles would be provided under the new proposal.
An architectural design statement said the revised plans represented “a continuation and evolution of the masterplanned precinct”.
“The re-working of the design and masterplan seeks to reinforce and improve upon the existing approved design through revisiting the overarching intent for the site and the character of Sherwood as a whole,” it said.
“In doing so, the architecture of the buildings and alignment of the masterplan has been reinterpreted and altered to offer a stronger and more current approach to suburban, sub-tropical architecture in our city.
“The surrounding streets of Sherwood have a distinct character, defined by mature street trees and landscaping.
“A mix of Australian native and sub-tropical vegetation fills the streets with a patchwork of colour and texture. Towering figs, mature paperbarks and the distinctive crimson hue of bottlebrushes act as waypoints defining place.
“The proposed minor change seeks to draw from and build on this rich existing character, weaving it into the development as an integral element of the design.”
[TAG1]▲ Parklands at Sherwood stalled in the wake of the GFC after 93 homes had been built. Source: Nearmap
The Brisbane riverside suburb of Teneriffe has taken its place as the country’s most sought-after suburb in which to rent, with rents skyrocketing by almost 50 per cent over the past 12 months.
The latest Domain Rent Report shows Teneriffe’s median asking rent for a house is now at $963 a week, up 48.1 per cent year on year – the strongest annual growth of anywhere in the nation.
This was followed by houses in Glendalough in Perth at $585 a week, up 46.3 per cent; units in Hillsdale in NSW at $650 a week, up 44.4 per cent; and units in Ivanhoe East in Victoria at $580 a week, up 43.2 per cent.
Kieran Kannan of Odyssey Property Concierge says he was not surprised by the growth experienced in Teneriffe, noting that the demand was simply driven by low supply.
“There’s just not enough stock,” he says. “People want to live in the area and are prepared to pay $200 more a week for an apartment here, whereas a replica apartment in another suburb would be $200 less. When things come on the market, people rush to secure it.”
For an apartment in Teneriffe, tenants can expect to pay $680 a week – up 18.3 per cent year-on-year.
Sarah Hackett of Place Estate Agents New Farm says the rental market is being driven by a younger demographic.
“There’s a lot of restaurants there and it’s accessible … a good lifestyle precinct, entertainment and even fitness facilities,” she says. “It’s the number one hotspot at the moment.”
Massive rental demand in Teneriffe is rippling out to neighbouring suburbs, pushing prices up in those areas too, agents say.
Houses in Fortitude Valley and Newstead, just minutes from Teneriffe, have a median asking rent of $670 a week, up 42.6 per cent, and $510 a week, up 2 per cent year-on-year, respectively.
In nearby New Farm, one of Brisbane’s most sought-after suburbs, the median asking rent for a house is $850 a week, up 20.6 per cent year-on-year.
“It’s a flow-on effect,” Hackett says. “Newstead, for example, will closely follow the trends in Teneriffe for rentals because it offers a similar lifestyle.
“Teneriffe, Newstead and New Farm have had major lifestyle upgrades so a lot of people want to live there.”
Many sellers have offloaded their investment properties to take advantage of the property boom, creating an even tighter rental market in Teneriffe and surrounding suburbs, she adds.
“Investors were getting money they didn’t think they’d get,” Hackett says. “About 20 per cent of our portfolio sold, and when you have 3000 properties to manage, that’s hundreds being put up for sale so there’s definitely been fewer properties available in the rental market.”
According to Pricefinder, Teneriffe’s median house price is $3.05 million, based on sales in the suburb in the last 12 months.
While Kannan believes rental prices will continue to increase, he expects a slowdown in the pace of growth.
“I don’t think it’ll increase at the same rate,” he says. “Teneriffe is a great place to live in for those who can afford to live there but I am conscious that a lot of people are priced out of these lifestyle suburbs.
“It’s great for investors, [but] tenants are being pushed further out of this area because of rising rents. But Newstead has a few big developments going up and, given that’s a neighbouring suburb, I do think that’ll take some pressure off Teneriffe’s high rental prices.”
he demand for apartment developments is on the rise, driven by factors such as urbanisation, changing lifestyles, and the growing need for affordable housing. If you’re considering embarking on an apartment development project, partnering with experienced experts in the field can be a game-changer. These professionals bring not only knowledge but also invaluable insights and connections that can make your project a success. In this step-by-step guide, we’ll walk you through the process of partnering with apartment development experts, from defining your project goals to evaluating and adjusting your strategies for future endeavours.
Define Your Project Goals
Before you dive into the world of apartment development, it’s essential to establish a clear understanding of your project’s goals. Ask yourself: What is the purpose of this development, and what are your objectives? Are you looking to create luxury apartments, affordable housing, or a mixed-use development? Consider location, target market, and any specific amenities or features you envision for the complex. Defining your project’s goals is the first critical step towards a successful partnership with development experts.
Research and Identify Potential Partners
Finding the right development experts is crucial for the success of your project. To find the right experts in apartment development, you’ll want to start by conducting thorough research within the real estate industry. Look for professionals or firms with a proven track record in apartment development, as this expertise can make a significant difference in the outcome of your project. Beyond qualifications, consider factors such as their past projects, reputation, and alignment with your project’s goals. Networking within the real estate community and seeking recommendations from trusted sources can help you discover partners who bring the experience and insight needed to bring your apartment development vision to life.
Initial Consultation and Needs Assessment
Once you’ve identified potential partners, schedule initial consultations to get to know them better and discuss your project’s needs. During these meetings, share your project goals, vision, and any specific requirements. Pay attention to how well the potential partners listen to your ideas and whether they demonstrate an understanding of your vision. Assess the compatibility of your values and objectives, as a shared vision can lay a strong foundation for a successful partnership.
Project Feasibility Analysis
A critical phase in the partnership process is conducting a feasibility analysis of your apartment development project. This involves a thorough examination of market trends, demand, and competition in the chosen location. Evaluate the financial projections, including the potential return on investment (ROI) and associated risks. A comprehensive feasibility study will help both you and your development experts make informed decisions and tailor the project to maximise its chances of success.
Legal and Contractual Considerations
Before moving forward, it’s essential to address the legal and contractual aspects of your partnership. This includes drafting and reviewing partnership agreements that outline each party’s responsibilities, obligations, and financial contributions. Ensure that you are in compliance with local zoning laws, building codes, and any other regulatory requirements. Negotiate terms, timelines, and milestones to provide a clear roadmap for the development process and protect the interests of all parties involved.
Design and Planning Phase
With the legal groundwork in place, the design and planning phases can begin. Collaborate with your development experts to create a detailed design for your apartment complex. This involves selecting architects, contractors, and other professionals who will bring your vision to life. Additionally, secure any necessary permits and approvals from local authorities to ensure that your project can proceed as planned.
Financing and Funding Strategies
Exploring financing options is a critical aspect of the partnership process. Determine how you will fund your apartment development project, whether through loans, investments, or a combination of sources. Develop a financial plan and budget that cover all aspects of the project, from construction costs to marketing and contingencies. Allocate funds strategically to ensure that the project stays on track financially.
Construction and Development
Once financing is secured and plans are in place, the construction and development phases can commence. During this stage, it’s crucial to oversee the construction process to ensure that it aligns with the approved design, quality standards, and safety measures. Keeping a close eye on construction timelines and budgets is essential to avoid delays and cost overruns.
Marketing and Pre-Leasing
As your apartment complex nears completion, it’s time to shift your focus to marketing and pre-leasing efforts. Develop a comprehensive marketing strategy that highlights the unique features and benefits of your apartments. Engage with potential tenants through digital marketing, advertising, and property management tools. Pre-leasing efforts can help you secure tenants well before the complex is ready for occupancy, ensuring a smooth transition into the post-construction phase.
Post-Construction Phase
With construction completed, it’s time to transition to the post-construction phase. Conduct thorough quality assurance checks and inspections to identify any issues that need to be addressed. Prepare for the grand opening and tenant move-in process, ensuring that all units are in optimal condition and ready for occupancy.
Property Management and Tenant Relations
Efficient property management is crucial to the long-term success of your apartment development. Implement property management practises that streamline operations, address tenant needs promptly, and ensure tenant satisfaction. Building strong tenant relations can lead to higher retention rates and positive word-of-mouth referrals, contributing to the overall success of your project.
Marketing and Lease Renewals
Ongoing marketing efforts are essential to maintaining a healthy occupancy rate in your apartment complex. Continuously promote your complex and leverage digital marketing strategies to attract new tenants. Additionally, develop strategies for lease renewals to retain existing tenants and minimise turnover. Monitor market trends and adjust rental rates as needed to remain competitive.
Periodic evaluation of your apartment development project is vital to assess its performance and financial outcomes. Analyse key metrics such as occupancy rates, rental income, and expenses to gauge the project’s success. Identify areas for improvement and growth, and be prepared to adjust strategies and plans for future apartment developments based on the lessons learned.
Partnering with apartment development experts is a strategic approach to bringing your vision for an apartment complex to life. By following this step-by-step guide, you can navigate the complex process with confidence, from defining your project goals to evaluating its long-term success. Remember that each step in the partnership process requires careful planning, collaboration, and attention to detail. With the right expertise and a shared commitment to your project’s success, you can create apartment developments that not only meet the demands of today’s market but also offer enduring value for years to come.
If you’re fortunate enough to possess an outdoor space at your residence, don’t let it go to waste. Instead, take advantage of it! Why not use it to unwind, host gatherings, or simply relish nature? By planning and designing, you can convert your outdoor area into a chic (and practical!) haven that everyone will appreciate. This article outlines several suggestions to assist you in getting started.
Plan for enough seating for everyone
Designing an outdoor area can be lots of fun! But the key to ensuring that it’s a success is making sure you have enough seating for everyone. After all, what’s the point of having a beautiful space if your guests don’t have anywhere comfortable to settle in? Investing in well-built furniture, such as benches, chairs, and sofas can provide a place for people to relax and converse with one another. The best outdoor entertaining area design ideas often feature plenty of seating options – with pieces made from wicker or teak designed to withstand any type of weather they face. With comfy and stylish seating options, your outdoor space will be the envy of all who enter.
Consider adding a fire pit
Designing your outdoor area doesn’t need to be a chore. Instead, imagine it as an opportunity to create something unique. One of the simplest and most effective pleasures of having an outdoor space is cozying up near a fire pit with family and friends. With it, you can gather around in the evening, perhaps with a few blankets against the chill, and make s’mores while talking and laughing into the night. Fire pits add charm and spirit to any outdoor area – consider adding one to yours!
Incorporate some greenery
Create an inviting atmosphere by incorporating some greenery. Whether it’s a couple of flowering plants that attract pollinators in your garden or a few leafy trees that provide shade, adding some type of live foliage can help make your outdoor area look like a cozy oasis. Even with a small space, you can still fill it with vegetation and liven up the surrounding area. Some other tips for creating an inviting outdoor area include bringing in wood furniture, stringing up white twinkle lights, and installing a fire pit. You can turn your outdoor space into the perfect refuge with creativity and imagination.
Add lighting
Incorporating lighting into your outdoor space can dramatically enhance its functionality and usefulness. It’s a small change that will significantly impact anyone wanting to utilize their outdoor area after sundown. Plenty of lighting options are both stylish and practical, plus you don’t have to break the bank to create the perfect setup. Whatever kind of atmosphere you’re going for outside — whether it be slow and intimate, friendly and fun, or lively and vibrant — a few lights will help bring your vision to life. Every time you look at your beautiful space lit up at night, you’ll be glad you made this easy but necessary addition.
Transforming your backyard into a relaxing oasis doesn’t have to be a difficult or costly endeavor. With a bit of imagination and the appropriate accessories, you can create an ideal outdoor retreat for any occasion – whether it’s a low-key gathering or a grand celebration. Your backyard will undoubtedly become the talk of the town in no time! So, if you’re prepared to begin transforming your outdoor area into a haven that everyone will enjoy, follow these basic steps and start today. Best of luck!
As one of the rooms in our homes that we use daily, it makes sense to have a kitchen that’s not only beautiful to look at, but tailored to the unique ways we like to use it.
A custom kitchen requires a larger investment than an off-the-shelf solution, but in the long run, a kitchen that’s customised to your needs will be far more enduring and provide a greater return.
Here are our top five reasons for choosing a bespoke kitchen.
Greater customisation means greater functionality
Whereas off-the-shelf kitchens adhere to standard formats, a custom-designed kitchen will take into account the ways you and your family actually use your kitchen space and factors such as whether you’re a keen cook or entertainer.
Charbel Rizk, director at bespoke kitchen specialists Häcker Australia, explains that a tailored kitchen is designed to meet the client’s exact needs.
“Similar to getting a bespoke suit tailored to ensure a perfect fit, our designers take into consideration a number of key factors, including the formation of the household and their ages, the flow of how they use their kitchen, the frequency of use … the kitchen needs to be responsive to their needs,” she says.
[TAG0]A bespoke kitchen is engineered to be “millimetre perfect”, so no space is wasted. Photo: Supplied
“Our focus is to create a space that has the perfect balanced ratio of cooking versus dining and entertaining, which varies for each client.”
Architect Kitty Lee adds that a customised and considered kitchen ultimately means a better return on investment.
“When you make it work for you and your lifestyle, you’re less likely to want to change it,” she says.
The cabinet and benchtop specs will be tailored precisely to you
Cupboards that are too high for regular use, or benches that are too low or too deep for comfort create what designers call a poor user experience. We want an easy, enjoyable experience in the spaces we use every day.
Rizk says having a kitchen purpose-built to your own specifications can be life-changing.
“The key to creating a bespoke kitchen is to ensure that we work to create the perfect height for the cupboards, drawers and benches to ensure the client isn’t having to stoop or stretch while using their kitchen,” she says.
“We have worked with clients who are used to having to move stools around their kitchen to facilitate access or to have to crouch down to reach their big pots at the back of corner cupboards, so to have a kitchen design that’s responsive to their needs was mind-blowing.”
Storage solutions and better use of space
Lee says another major benefit is the maximisation of storage.
Where flat-pack kitchens come in predetermined modules, a customised kitchen can transform every nook and slice of dead space into useful storage. Naturally, more storage means better integration and a more seamless, uncluttered, aesthetically pleasing result.
[TAG1]Being able to maximise your storage space is a major benefit of a bespoke kitchen. Photo: Supplied
“In a bespoke kitchen there are so many drawer accessories and there are so many clever units that you can put in that allow you to benefit from different ways of storing things,” Lee says.
“There are lots more opportunities to add different types of hidden pantries, appliance cupboards, using nooks that you might have because of wall thicknesses.”
Rizk adds that a bespoke kitchen is engineered to be “millimetre perfect”, so no space is wasted.
Aesthetic choices for days
While off-the-shelf kitchens provide a limited number of aesthetic options to choose from, the options for colours, layout and materials in a bespoke kitchen are endless – so the space will look and feel exactly how you want it to.
When creating a kitchen with Häcker Australia, for example, clients can choose between an extensive range of finishes – from laminates to lacquers, real wood and stone-laid veneers – and appliances, sinks, tapware and lighting from Häcker’s suppliers.
“It is a one-stop solution for clients looking to create their own unique space, without having to try and pair everything together on their own,” Rizk says.
She also points out that working with a kitchen designer makes for a more fluid process and gives you the opportunity to make changes along the way after seeing colours and objects in situ.
Consideration of other rooms in the house
This is where the design magic of a bespoke kitchen really comes into play. Custom-designed kitchens consider the rooms that surround the kitchen and how these various spaces interact with each other in both a thematic and practical sense.
[TAG2]While it’s a larger investment than an off-the-shelf solution, a custom kitchen can provide a greater return. Photo: Supplied
“The layout is critical, and working with how [the kitchen] connects to the adjacent rooms is something I always consider,” Lee says.
She gives the example of a home with a tiny galley kitchen where she extended the bench into the living room and added bespoke joinery, and was, therefore, able to incorporate more bench space plus a wine fridge, bench seat and shoe cabinet for the client.
“When you have other spaces to work with, you can really extend your kitchen and design it in a way that makes use of the spaces surrounding it,” she says.
The Gold Coast suburb of Pimpama has debuted among Queensland’s top 10 suburbs for house sales.
InfoTrack’s latest Property Market Update revealed the suburbs with the highest volume of house and unit sales from July to September this year.
Pimpama in the Gold Coast’s northern growth corridor was the only local suburb to make the list for the greatest number of house sales, and was ranked for the first time.
InfoTrack head of property Australia Lee Bailie said Pimpama was very well located between Surfers Paradise and Brisbane city.
“Given its convenient location, and its relative affordability, it’s not surprising to see it has made the list of house sales for the first time,” Mr Bailie said.
PropTrack’s latest Quarterly Home Values report showed Pimpama is the Gold Coast’s second most affordable house market, with a median price of $693,640 compared to the citywide figure of about $1m.
Harcourts Coastal sales director Rob Forde said Pimpama had emerged as a lifestyle destination in its own right, attracting young families and professional buyers for its easy commute and amenities.
A five-bedroom, two-bedroom house at 30 Baines Ct, Pimpama sold under the hammer this week to an interstate buyer for $1.325m.
“This was a buyer from Sydney’s northern beaches who flew up for the day of the auction,” Mr Forde said.
“Ten years ago, Pimpama wouldn’t have been on the radar for this interstate buyer, but a lot of the estates in the area are maturing and it is now a really genuine location for people who want the beach lifestyle, but may need to commute to work in Brisbane.”
Pimpama was ranked seventh behind Rockhampton’s Gracemere, Ipswich’s Redbank Plains, Townsville’s Kirwan, Moreton Bay’s Morayfield and Caboolture, and Logan’s Yarrabilba.
[TAG0]Four-bedroom house at Looby Cres, Pimpama sold for $1.122m
The data also showed the Gold Coast region made a big impact for unit sales last quarter, with Surfers Paradise coming in at number one.
Three other Gold Coast suburbs made the list of top 10 unit sales for Queensland, including
Southport, Broadbeach, and Labrador.
“The Gold Coast continues to be a property hot spot in Queensland, given the highly desirable beachside lifestyle on offer for buyers,” Mr Bailie said.
The InfoTrack figures show houses retained their position as the most popular property type in Queensland with a 53 per cent share for the third quarter in a row,
Home units have increased their share to 21 per cent in Q3, which is a quarter-on-quarter increase of three per cent.
As a real estate investor, it can sometimes feel like you are doing everything in your power to get the best rental property deals and squeeze the most out of your investment. You scour listings, analyze potential costs and profits carefully, and do an exhaustive study of the market trends to make sure you’re making sound decisions – but have you ever stopped to consider how much easier all of this could be if you had removalists on speed dial?
Sure, it sounds simple enough, but having professionals at your disposal who not only help with moving items into place but also tackle complicated rearrangements within existing properties can make all the difference when trying to maximize profitability from each rental property. In this blog post, we’ll explore why every smart real estate investor needs reliable removalists that they trust.
Introducing the Benefits of Hiring a Professional Removalist
Moving can be a daunting task, whether you are relocating to a new neighborhood or a new state. You may consider moving on your own to save money, but it’s not always the best decision. Hiring a professional can make your move stress-free and effortless. Removalists are trained and have the necessary equipment to ensure your belongings are packed, transported, and unpacked safely, preventing damage or loss. You can visit this website, for example, and find an experienced removalist. Also, they are insured, so in case of any accidents, you are covered.
They can take care of everything from packing to unpacking, saving you time to focus on other matters. You’re not only paying for the convenience but also the peace of mind of knowing that everything is handled professionally.
Advantages of Having a Reliable Removalist Network for Real Estate Investors
As a real estate investor, having a reliable removalist network can prove to be an invaluable resource. Not only does it provide peace of mind in terms of moving logistics, but it can also save a significant amount of time and money. With a network of trusted removalists in place, investors can be sure that their properties will be cleared out efficiently and with care.
Additionally, having this network can make the transition of tenants much smoother, as everything from furniture to appliances can be moved swiftly. Overall, having a reliable removalist network can greatly enhance the investment experience, allowing investors to focus on what really matters – growing their portfolio and maximizing returns.
The Time-Saving Aspects of Working with Professional Removalists
Packing up all your belongings, organizing everything, and transporting it all to your new location can quickly become overwhelming. This is where professional removalists come in handy. Not only can they effectively pack and move all your belongings, but they also offer time-saving aspects to the moving process. With their expertise and experience, these professionals can efficiently organize your items and streamline the moving process.
This means less time spent packing and unpacking and more time settling into your new home. So, whether you’re moving across town or across the country, working with professional removalists can save you valuable time and ensure a smooth transition into your new home.
How to Find Quality Removalists in Your Area
Finding quality removalists in your area can make it a lot easier. The key is to do the proper research beforehand so you can choose a team that you trust to handle your valuable belongings. Start by asking for recommendations from friends and family who have recently moved. This can be a great way to find a trusted and reliable company.
Next, read online reviews to get an idea of what past clients have experienced with different removalists. Look for companies that have a high rating and positive feedback. Lastly, make sure you get quotes from multiple companies to compare prices and services. With these tips, you’ll be able to find a quality removalist that can make your move stress-free.
Tips for Maximizing Efficiency During Move-In and Move-Out Day
Moving in and out of a home can be a time-consuming and stressful process, but there are ways to maximize efficiency and minimize the chaos. One important tip is to plan ahead by creating a checklist of tasks that need to be completed before, during, and after the move. This can include scheduling movers, cleaning the home, packing boxes, and organizing paperwork.
Another key element is to stay organized by labeling boxes and keeping track of important documents and keys. A third helpful tip is to enlist the help of friends and family to make the process smoother and more enjoyable. With a little bit of preparation and teamwork, moving day can be a successful and efficient experience.
Cost Considerations When Moving Properties with Professional Movers
Relocating to a new property can be an exciting but daunting task, especially when it comes to budgeting. Choosing professional movers is a great option to make the process smoother, but cost considerations should not be taken lightly. It’s important to do your research and compare quotes from different companies before making a decision.
Keep in mind that additional services such as packing and storage can add up, but they may also save you time and stress. Look for discounts or specials during off-peak seasons, and consider moving mid-week to avoid higher weekend rates. With proper planning and consideration, professional movers can help make your new beginnings hassle-free and affordable.
As you can see, there are many reasons why hiring a professional removalist for your real estate projects can be beneficial. The added convenience and time-savings offered by a reliable removalist network can make managing different properties much easier and less stressful. Plus, if you know what to look for in quality removalists and take steps to maximize efficiency on move-in and move-out days, you can ensure that your properties will maintain their value as they transition between buyers and renters.
So if you’re planning to hire movers for your next project, consider these cost considerations so that you can get the best bang for your buck. And remember: with careful research and smart decisions, moving properties is easier than ever before. Start searching today and soon enough you’ll have the perfect team of professionals to help make all of your real estate dreams come true!
Riding sizeable waterslides into a pool while overlooking one of the Coast’s most pristine waterways? Yes, please.
The completion of a multimillion-dollar revamp of one Caloundra’s longest-standing waterfront fixtures has “raised the bar” for tourism in the region, according to its co-owner.
The award-winning BIG4 Caloundra Holiday Park has confirmed stage one of its makeover, which includes a new resort-style pool and waterslides for guests, is open for business.
It’s part of a bigger upgrade project that incorporates the renovation of its holiday cabins and stage two of the development.
[TAG0]The BIG4 Caloundra refurb includes a new pool that is three and-a-half times bigger than its old one.
BIG4 Caloundra is the amalgamation of the old Hibiscus and Tripcony caravan parks. It has been a popular camping spot since 1912.
The park was listed as a Queensland Government Heritage-Listed Site in 2010.
BIG4 Caloundra’s owner SEQ Properties has been custodian and operator of the park since 1992.
SEQ Properties CEO Angus Booker revealed the significant park upgrades to the pool and entertainment area included a larger lagoon-style pool and entertainment area, two new large waterslides, shaded zones, year-round heating and a 25m lap zone.
“The response has been amazing so far,” Mr Booker said.
“I posted a photo on Facebook, off the cuff, which got something like 400,000 views and 5000 comments, which was very exciting.
“We carefully researched and planned this project and it is already paying off.”
[TAG1]Guests also have the option to order a cocktail and pizza from the mobile bar and pizza van, which are now poolside.
He said refurbishments to the first round of holiday cabins were also complete and visiting guests were over the moon.
“They are lush. The guests are so impressed by the new standard of the facility and the luxury of the cabins,” he said.
“All the cabins will be refurbished by October this year.”
Mr Booker said the upgrades and the calibre of the holiday park had boosted the tourism stakes for Caloundra and the Sunshine Coast.
“We’ve seen the popularity of holiday parks up and down the eastern seaboard going up and up, and the Sunshine Coast has missed a lot of that – with some closures in the mix too,” he said.
“This park’s redevelopment gives people who are drawn to a modern holiday park an opportunity to actually holiday seaside with incredible facilities.
“Forward bookings are incredible – you can’t book weekends now until after Easter, but there are still vacancies for some mid-week bookings.”
[TAG2]The waterslides are a major upgrade highlight.
It’s not the park’s first makeover — in 2011 it undertook a major redevelopment into its current format, including new amenities, office and administration space plus communal facilities.
SEQ Properties would be revealing more about stage two of the project as soon as possible.
“Stage two will be slightly more expensive, I can say that much,” Mr Booker said.
“It’s a little way off yet. There is still a lot of planning work to go on and approvals to go ahead.
“We are still currently focused on enhancing the guest experience and access to the Pumicestone Passage.
“An immediate project we are working on now is a big shade structure for people to be protected from the sun around the pool area.”
While the timeframe for the renovations blew out by two weeks, he said the transformation of the park was “mind blowing”.
“It has taken it to a whole new level and it does the magical location justice … it just sets it off and showcases our idyllic Sunshine Coast,” he said.
“We are thrilled. What started as a vision and a dream has come to reality and we pinch ourselves every time we spend time around the pool now.”
Increasing staff and hiring four pool attendants are the next steps for the BIG4 Caloundra team.
“We didn’t think we would need pool attendants, but we do,” he said.
“We need some fun and energetic staff to help us run the facility smoothly so the guests have maximum enjoyment. The roles are suited for young lifeguards looking for weekend work or people at high school.”
To apply, send your resume to vanessa@big4caloundra.com.au.
When it comes to the safety, durability, and aesthetic appeal of your home, the importance of choosing the right roofing materials cannot be overstated. The roof serves as the primary line of defense against environmental elements, playing a pivotal role in the overall quality and longevity of your home. Selecting the appropriate roofing material isn’t just about enhancing the aesthetic appeal of your property, it’s also about ensuring efficiency, durability, and safety. The choice of materials can significantly influence the roof’s performance in terms of weather resistance, lifespan, and insulation properties. Thus, making an informed decision can not only safeguard your home but also prove to be a sound long-term investment, potentially saving you from frequent repair costs and enhancing the value of your property. This guide aims to provide you with comprehensive insights into various roofing materials, helping you make an educated decision tailored to your home’s specific needs.
Evaluate Your Home’s Architectural Style and Structural Support
Heavier materials might need additional reinforcement. Consider factors such as the slope, shape, and weight of your roof to determine the appropriate material. For instance, if you have a flat or low-sloped roof, materials like metal or rubber are better suited due to their waterproofing properties. On the other hand, steeper roofs would benefit from materials with increased durability and wind resistance, such as asphalt shingles or clay tiles. Now, whether you decide to hire local Los Angeles experts at www.techeroroofing.com, for example, to aid you with the installation or opt for a DIY approach, it’s essential to consider your home’s structural support. From the decking, rafters, and trusses to the framing, everything should be evaluated before deciding on a roofing material.
Assess Durability and Lifespan
Understanding these factors can help you choose a roof that will last. For instance, metal roofing is renowned for its exceptional resistance to extreme weather conditions, making it a popular choice in areas prone to hurricanes or heavy snowfall. Asphalt shingles, on the other hand, offer reliable durability and can last up to 20 years with proper maintenance. However, clay tiles provide an unparalleled lifespan of up to 100 years but require additional structural support due to their weight. Consider the climate and weather conditions of your region, as well as the average cost of repairs and maintenance for each material, to make a wise decision.
Consider Weather Resistance
Depending on your geographical location, your roof must be resilient to specific weather conditions. Choose a material that can withstand your region’s weather patterns. For instance, areas with high humidity levels or heavy rainfall would require a roofing material with superior waterproofing properties. On the other hand, regions with frequent hailstorms or harsh sun exposure would benefit from materials with increased resistance to heat and impact. Additionally, consider the maintenance needs of each material in relation to its weather resistance. Some materials may require more frequent inspections and repairs, increasing your overall costs in the long run.
Also, a good warranty can offer peace of mind, so be sure to understand exactly what it covers. While some roofing materials may have a higher initial cost, they may also come with extended warranties and require less maintenance, ultimately saving you money in the long run. On the other hand, cheaper materials may need frequent repairs and replacements, leading to increased costs over time. Be sure to compare your options carefully before finalizing your decision.
Examine Energy Efficiency
Some materials provide better insulation and reflect sunlight more effectively, which can lower energy consumption and costs. For instance, metal roofs are known for their energy-efficient properties, reflecting sunlight and reducing cooling costs during summer months. On the other hand, materials like wood shingles may provide better insulation but require more maintenance in terms of fire protection and insect damage. Moreover, energy-efficient materials can also qualify for tax credits and rebates, making them a more cost-effective choice in the long run.
Respect Local Building Codes
Always check with your municipal office to ensure that your chosen roofing material complies with any local building regulations. Some areas may have specific codes and restrictions, such as fire safety regulations or limitations on certain materials. Adhering to these guidelines will not only ensure the safety and legality of your home but also prevent any potential issues with insurance claims in the future. If you are unsure, consult a roofing professional for advice. For those that do not require a permit or for smaller roofing projects, always ensure that you obtain a written contract detailing the scope of work and materials to be used.
Consult with a Roofing Professional
For expert advice and recommendations tailored to your specific circumstances, consider consulting with a roofing professional. They can assess your home’s needs and provide you with valuable insights into the best roofing materials for your property. Additionally, they can also handle installation and any necessary repairs or maintenance in the future, ensuring the longevity and performance of your roof. Furthermore, hiring a professional can also provide you with warranties and guarantees, giving you peace of mind and protecting your investment in the long run.
Choosing the right roofing material for your home requires careful consideration of various factors such as architectural style, structural support, durability, weather resistance, cost, energy efficiency, and local building codes. By evaluating each aspect and consulting with professionals when needed, you can make an informed decision that best suits your home’s specific needs and ensures the safety, longevity, and efficiency of your roof. So, choose wisely and enjoy a well-protected and comfortable home for years to come. With all of this knowledge at hand, you are now ready to embark on your journey towards finding the perfect roofing material for your home.
The YIMBY—Yes In My Backyard—movement is urging the Queensland government to look to California’s example to lift housing supply as an update to the masterplan for development in the state’s south-east is finalised.
Hundreds of submissions are being considered for the final version of the ShapingSEQ 2023 Update due in December.
While there are submissions from NIMBYs (Not In My Backyard) it is the new YIMBY movement making waves, putting forward a pro-development idea with a twist.
YIMBY Qld co-founder Natalie Rayment said its submission referred to a Californian housing act for the use of land for religious or higher education, colloquially known as the YIGBY Bill, that is, Yes in God’s Backyard.
“The act prescribes for a minimum of 75 per cent of units to be dedicated to lower-income households, with a maximum of 20 per cent for moderate-income households and 5 per cent for staff of the institution that owns the land,” Rayment said of the US state’s plan.
“Lands owned by religious, education and not-for profit institutions are abundant in our cities, and often in existing communities with a high level of amenity.
“Locations with ample accessibility, recreational facilities and proximity to education, healthcare and services represent a logical model for affordable housing implementation, enabling a greater opportunity for societal participation and improved livelihoods.”
The group also wants to amend the definition of affordable housing to ensure consistency across the state and cut red tape so housing on this type of land could be fast-tracked.
[TAG0]▲ A render of the planned St Paul’s Commonson land owned by St Paul’s Episcopal Church at Walnut Creek, California.
Using this category of land for affordable and social housing is already happening in other states including near-station developments on church land in Sydney and the sale of surplus university land for housing in Melbourne.
In the draft plans to 2046, the Queensland government has a target of an extra 2.4 million homes with 20 per cent of those to be social or affordable housing.
It also updates the consolidation to expansion ratio from 60:40 to 70:30 for these new homes to encourage gentle density and tackle urban sprawl.
Other popular submissions during the consultation process included creating a bridge to Russell Island in the southern end of Moreton Bay, development intensity around Noosa and the protection of green spaces in the city and regional areas.
In a world increasingly driven by digital innovation, blockchain technology has emerged as a revolutionary force, promising to reshape industries and redefine trust in the digital realm. However, as with any groundbreaking technology, the security of blockchain systems remains a critical concern. With the potential to disrupt traditional financial systems, supply chains, and even governance, understanding the intricacies of blockchain security is essential.
In this blog post, we will delve deep into the world of blockchain security, unravelling the mysteries behind its robustness, vulnerabilities, and the measures you can take to protect your digital assets. Let’s get started.
Smart Contract Security
Smart contracts are self-executing pieces of code that automate and enforce agreements on the blockchain. Ensuring the security of smart contracts is paramount, as vulnerabilities can lead to financial losses and exploitation. Common security risks include reentrancy attacks, integer overflow or underflow, and unchecked external calls.
To mitigate these risks, developers should follow best practices such as code audits, formal verification, and thorough testing. As highlighted by the team behind Hashlock, you can also use smart contract auditing services provided by reputable firms to rectify vulnerabilities in your smart contracts. These auditing services employ expert blockchain and security professionals who thoroughly review your code, analyse potential attack vectors, and provide recommendations for improvements to enhance the overall security of your smart contracts.
Immutable Ledger
One of blockchain’s foundational principles is its immutable ledger. Once data is recorded on the blockchain, it becomes nearly impossible to alter or delete. This immutability is achieved through cryptographic hashing, where each block contains a reference to the previous block, creating a chain of interlinked data. Any attempt to change a single transaction would necessitate altering all subsequent blocks, a computationally infeasible task.
This feature is invaluable for maintaining the integrity and trustworthiness of transaction histories on public blockchains. However, it also underscores the importance of careful data input, as erroneous or fraudulent information, once recorded, is permanent.
Decentralization
Decentralisation is a fundamental characteristic of blockchain technology. It means that blockchain operates on a network of distributed nodes rather than relying on a centralised authority or server. This decentralised nature enhances security in several ways. First, it eliminates single points of failure, reducing the risk of network downtime or data manipulation.
Second, it makes the blockchain resistant to censorship and control by any single entity. Even if some nodes in the network are compromised or taken offline, the majority can continue to operate securely. Decentralisation also promotes trust, as transactions are verified by a consensus of participants, reducing the need for intermediaries and increasing transparency.
Cryptographic Hash Functions
Cryptographic hash functions are a cornerstone of blockchain security. These mathematical algorithms take an input (data) and produce a fixed-size string of characters known as a hash. In blockchain, transactions are hashed and linked together in blocks, with each block containing a reference to the previous one. This creates an immutable and tamper-resistant ledger.
The critical feature of cryptographic hash functions is their one-way nature, meaning it’s computationally infeasible to reverse-engineer the original data from the hash. This makes it exceptionally challenging for malicious actors to alter past transactions without changing all subsequent blocks, as it would require an immense amount of computational power.
Consensus Mechanisms
Consensus mechanisms play a pivotal role in ensuring the security and integrity of blockchain networks. These mechanisms are protocols that facilitate agreement among network participants on the validity of transactions and the addition of new blocks to the blockchain. The two most common consensus mechanisms are Proof of Work (PoW) and Proof of Stake (PoS).
PoW relies on miners solving complex mathematical puzzles, while PoS involves validators who hold and “stake” cryptocurrency as collateral to create new blocks. These mechanisms deter malicious actors by making it computationally expensive or economically unfeasible to control the network. Consensus mechanisms safeguard blockchain networks against attacks, ensuring that only legitimate transactions are added to the ledger.
Private and public keys are the cryptographic foundations of blockchain security. Each user on a blockchain possesses a unique pair of keys. The private key is a confidential piece of information used to sign transactions, providing cryptographic proof of ownership and allowing access to one’s assets. In contrast, the public key is openly shared and used to verify the authenticity of transactions and interact with the network.
The security of these keys is paramount; the loss of a private key could lead to irreversible loss of assets, while the compromise of a private key could result in unauthorised access. Properly safeguarding and managing these keys is crucial for maintaining the security of blockchain assets.
Blockchain security is a multifaceted domain critical to the trust and reliability of blockchain networks. Immutable ledgers, cryptographic hash functions, decentralisation, consensus mechanisms, and the responsible management of private and public keys are all integral components of blockchain security. Understanding and implementing these principles is essential to safeguarding against threats, maintaining data integrity, and ensuring the continued growth and adoption of blockchain technology across various industries, providing users with a secure and trustworthy environment for their transactions and assets.
Four years after suspending work on its multi-residential two-tower Icon project at Milton, GH Properties is rebooting its plans for the site.
The Hong Kong-based developer halted work on the project in 2019 after building out the ground and first floors of the towers that would have comprised 286 build-to-sell apartments.
Jackson Teece has redesigned the project on the 2343sq m site at 20 Walsh Street to flip it to build-to-rent.
The plans also bump up the height of the two towers to 25 storeys, adding an additional 63 apartments, and changing the mix to comprise more two-bedroom typologies across the 349-apartment development.
Place Design Group said the increase to height and density was in step with other approved towers in the area.
“The proposed additional height is minor in comparison to the surrounding development pattern and established built form, so it is likely that the additional height will have a negligible impact on the streetscape of Walsh Street or the experience of the pedestrian within the public realm,” a spokesman for Place Design Group said.
[TAG0]▲ Work was halted four years ago after the ground and first floors were built on the apartment tower project in Milton.
“The change application has also taken the opportunity to provide additional built form on Crombie Street, which provides for further activation of the streetscape and public realm, contributing to the ongoing evolution of the street frontage, particularly in the context of adjacent development approvals and applications.”
The project will now comprise 8 studios, 115 one-bed apartments, 221 two-bedders and 5 three-bed apartments as well as a communal rooftop space, and gym, wellness centre and pool.
The facade has been updated to reflect more subtropical design elements, according to Jackson Teece.
Creation of “community” was central to the design, Jackson Teece director Daniel Hudson said.
“The program features a series of precincts throughout the ground levels and rooftop, providing spaces that will appeal to different residents at various times of the day,” he said.
“A health precinct has been separated from the main program to enhance its identity as a separate facility with a feeling of exclusivity. Other offerings such as a co-working area, creative precinct, rooftop lounges and entertaining spaces, and a walking loop around the rooftop all encourage activity and social interaction.”
[TAG1]▲ The height of the tower has been boosted with changes to the facade proposed. Images: Jackson Teece
Hudson said the revised design focused on finding construction efficiencies that reduced maintenance requirements into the future.
This was achieved through consideration of materials, reducing the number of trades on site, the provision of flexible spaces with multiple uses, with the intention to minimise costs while still achieving a high quality architectural outcome and high level of amenity for the residents, Hudson said.
According to planning documents the new design “capitalised on the changes to align the overall architecture with an updated material palette and identity as well as implementing key sustainable design principles”.
“The proposed design of the development implements substantial breaks in the built form through deep recesses, balconies and a central green link,” the report said.
“The inclusion of the green link central to the tower allows the overall development to appear as separate forms rather than the one mass. This is also evident through the changes in height as well as the subtle difference between the facades and its colour palette.”
The original development was a $175-million luxury apartment project that would “meet demand for luxury apartments in the inner suburbs of Brisbane”.
The developer recently called time on its Noosa Springs proposed hotel development after it became clear the Noosa Shire Council would not support the project. The developer halted the Council’s decision on the project.
Tim Gordon chuckles as he recalls the heady days of hovercraft shuttling well-heeled travellers from Brisbane Airport to Christopher Skase’s then newly-developed Sheraton Mirage resort on The Spit.
“Remember that? When you think back … it was incredible in its day.”
Clearly, it left quite an impression on the then young budding Gold Coast property player.
Fast forward more than three decades, the director of Gordon Corporation is himself about to turn dirt—or rather, sand—heralding a new era of development decadence on the 5km-long isthmus north of Surfers Paradise.
And, no, his plans don’t involve anybody being chauffeured around local waterways in amphibious air-cushioned vehicles.
Targeting the rising ranks of the super wealthy, however, there is one must-have marine accessory designed into what will be Australia’s newest and arguably most exclusive waterfront residential and lifestyle address.
Somewhere for ultra high net worth individuals to tie up those superyachts they have been snapping up in record numbers of late.
“They’re all looking for a home,” Gordon says. “And until now we haven’t been able to offer them the facilities … they all want amazing facilities in addition to just mooring a boat.”
With the seed of affluence sown long ago by Skase’s visionary integrated hotel, retail and marina destination, its lavish roots are finally spreading—and quickly.
The Spit is now the focus of a $1.3-billion trio of projects expected to cement it as one of the country’s most sought-after enclaves for the uber-rich. And there will be more to come.
In a matter of weeks, the first shovel to go in the ground since the Palazzo Versace hotel was completed 23 years ago will signal the start of The Spit’s new epoch at Gordon Corporation’s $300-million-plus Mantaray Marina and Residences project.
“It’s exciting times,” Gordon says. “The Spit has been dormant for more than two decades … [and] the response to what we’re developing has been overwhelming.
“We’ve got the first development opportunity the government took to tender, we’re now DA-approved, we’ve just appointed our builder and after a three-year journey we’ll start construction in April.”
Greenlit by the Gold Coast City Council late last year, it will comprise a 67-berth superyacht marina with moorings for vessels up to 60m, a retail plaza, over-water club lounge and 24 apartments fronting the Southport Broadwater, half with private rooftop pools and some with price tags exceeding $20 million.
Gordon Corporation won the tender from the Queensland government to acquire and develop the 9858sq m vacant site and 1.88ha seabed area at Lot 503 Sea World Drive under a 120-year lease agreement.
It will neighbour a proposed $480-million redevelopment of Mariner’s Cove by Melbourne-based developers Pelligra Group and Giannarelli Group, which will include a Ritz Carlton hotel and more than 5000sq m of restaurants and bars.
Nearby, a $500-million redevelopment of the landmark Marina Mirage retail complex is planned by Makris Group, including 92 waterfront residences and a 110-suite boutique hotel.
“It’s extraordinary,” Gordon says. “No other precinct in Australia is seeing this level of investment appetite.
“I travel the world a lot and I don’t know anywhere else you’ll find anything similar to what we’re about to create … there’s nothing like it.”
Development has long been a dirty word on The Spit and the irony of what is now emerging on the 200ha strip of sand is not lost on Gordon.
“In a city of towering landmarks, the most significant contribution to the Gold Coast’s evolution in more than 20 years is taking place on its most protected peninsula, and won’t exceed three storeys,” he observes.
Under the The Spit Master Plan, regulations limit new developments to a maximum height of three storeys and 15 metres “so they integrate seamlessly with the landscape”.
It was released by the Queensland government in 2019 as a blueprint to unlock public and private sector investment to deliver community infrastructure as well as new development opportunities on undeveloped land.
“So, I guess what we’re seeing happening now is the roll out of the development intended under that master plan.
“The cumulative impact of it all will be that there’ll be quite a few more people living there than there have been in the past.”
And given The Spit’s strict planning parameters, its much smaller allowable building envelopes have set a standard that inevitably means more high-end development to enable projects to stack up.
“That’s probably the way it’s going to have to go and the way it is going … [and] I guess what’s going to happen from now on is they’re all going to be at that very high standard, consistently, and it seems like the momentum is building there.
“You’ve got a lot of vacant sites that have been there for a long time that are finally going to be developed. And you’ve also got a lot of sites that are really past their use-by date and they’re going to be refurbished. So, it’s going to be a much better precinct when all of that is complete.”
Gordon agrees.
“The amenity of The Spit is changing forever and I think that it’ll outclass anything you’ll see in Broadbeach, Burleigh or anywhere else on the Coast,” he says.
“Its got the opportunity to offer a select few an amazing opportunity and it’s unique … you’ve got the Broadwater on one side and the Pacific Ocean on the other.
“The government has been extraordinary in its foresight in creating opportunities and then spending the necessary funds to create the infrastructure to allow The Spit to finally become a location not only for the super wealthy and the superyachts but for the general public as well.”
CBRE Gold Coast managing director Mark Witheriff, one of the city’s veteran property dealmakers, recalls sitting wide-eyed at the Sheraton Mirage’s oyster bar shortly after its opening in the late 1980s.
”It was amazing … and later with the opening of Palazzo Versace it changed the Coast,” he says. ”This is the next stage.
“In essence, the government is executing a masterplan that will change the city as a whole.
“We’ve seen a real flight to quality … around Burleigh there’s been some really upmarket and high quality apartments and developments happening but this will be the step above.
“There’ll be genuine world class apartments and hotels. And, more importantly, the superyachts will be right in the middle of town. It’ll bring in a different demographic.”
Gordon Corporation has spent $5 million on its sales display suite alone for Mandalay Marina and Residences.
“It’s world class,” Gordon says. “I mean, we’ve done no marketing and already we’re getting extraordinary interest. The display opened this week and it’s a private offering so we’re only doing it by appointment-only.
“Quite honestly it’s people who are very well-heeled, predominantly Australians.
“But we’ve also had people from America and overseas that have come in and they’ve never experienced anything quite like what we’re offering.
“You know, we could have built 60 apartments but we’ve chosen only to build 24 to provide the superyacht owners and that higher end of the market an opportunity to buy into something incredibly unique, which is what The Spit is offering.
“Of course, not everybody has got a surperyacht … but I think people are now realising the masterplan is real and it’s a limited offering and won’t be repeated. It will be the most exclusive address.”
One of the Sunshine Coast’s landmark pubs has changed hands and there are substantial extensions and renovations in its near future.
Prolific hotelier The Comiskey Group will this month take over The Imperial Hotel at Eumundi, in the Queensland holiday hotspot’s hinterland.
Established in 1911, The Imperial Hotel is across the road from Australia’s largest open-air markets, the Eumundi Markets.
The sale of the 112-year-old property includes an on-site distillery, drive-through bottle shop, the Eumundi Brewery, and 15-key boutique accommodation called HOLA.
The Imperial joins Comiskey’s expanding portfolio that includes Sandstone Point Hotel, Eatons Hill Hotel, and Samford Hotel.
The double-storey Imperial sits on a 5581sq m corner block and boasts classic Queenslander architecture with a modern touch.
The Comiskey Group said it plans to keep The Imperial Hotel’s iconic Queenslander facade but give the venue’s interior a major renovation in coming months.
The group intends to add two new restaurants, a gaming room and TAB to the hotel, as well as reinvigorate the existing spaces.
Off the back of its experience with its live music venues Eatons Hill and Sandstone Point Hotel, the Imperial’s live band room will be activated, with the group planning to stage more events showcasing local musicians and talent from the world.
[TAG0]▲ The Imperial Hotel first opened its doors in 1912.
Put to the market about a year ago, The Imperial Hotel and its assets, were “an unmissable opportunity for the Comiskey family”. Director Rob Comiskey said he was looking forward to working with Lion, who operate the on-site Eumundi Brewery.
“Being able to own such an iconic hotel and brewery in such a special community was an unmissable opportunity,” he said.
“The Eumundi Brewery brand is a local treasure, well-known across the state. We can’t wait to begin this unique partnership with Lion, combining our differing industry expertise to further build our businesses and support the growth of the brand on a national scale.”
The Comiskey Group began its hotel operation in the Moreton Bay region, north of Brisbane, before stepping into the Sunshine Coast.
The purchase of The Imperial Hotel marks the group’s second hotel on the Sunshine Coast within the year, just months after opening The Doonan in the Noosa Valley.
After owning the property in Doonan for 15 years, The Comiskey Group partnered with hospitality veterans, Josh Jones and Neville Allen to open that watering hole in March of this year.
In April this year, former Cromwell property boss Paul Weightman’s pub and grub fund snapped up the Comiskey Group’s Beachmere Hotel for an undisclosed sum.
[TAG1]▲ The hotel boasts a 15-key accommodation offering, HOLA.
It’s been around 15 years since a new apartment project was developed in Bargara, the small coastal town around 13 kilometres east of Bundaberg.
Longtime Brisbane real estate agent Graham Furtado saw it as an opportunity to return to his hometown and create what locals are saying is the first off the plan apartment opportunity since 2007.
Furtado has recently launched MIRA Living, just 25 apartments on a site which Furtado describes as the best in Bargara.
[TAG0]Mira Living
25 – 27 The Esplanade, Bargara, Qld 4670
“We’re strategically located at the south end of Esplanade, which in itself is a busy street given it faces the beach,” Furtado says.
“We’re however within touching distance of all the amenity the comes with a beachfront strip, but we’re quietly positioned at the end of the street, just a few hundred metres from the sand and the beachfront.”
The peninsula location puts future MIRA Living residents just 300 metres to Bargara Golf Club, 400 metres to the shops and cafes on the Esplanade, and 300 metres to Kelly’s Beach and the Basin.
While Furtado knew he was tapping into a market which has been starved of off the plan product, he hadn’t expected sales to come at the rate they have.
“Around 30 per cent of the project has already sold, much quicker than anticipiated,” Furtado says. His buyers have predominantly been locals, while there’s been a couple from the Sunshine Coast and one from Brisbane.
“The demand is definitely there in Bargara,” Furtado says. “If there’s another opportunity to acquire a site with similar density then there’s certainly opportunity to serve an undersupplied market.”
Designed by Mondo Architects in collaboration with design specialist Sarah Wood Design, MIRA Living comprises 25 three-bedroom apartments which cater for the owner-occupier. A number of the apartments, which all feature high-end European appliances, master bedrooms with walk-in wardrobes and ensuites, have a study or multi-purpose room.
[TAG1]Mira Living
25 – 27 The Esplanade, Bargara, Qld 4670
Each apartments also has basement garaging for two cars. Residents will have private amenity in the form of a tropical landscaped pool and gardens adjoining a communal alfresco area.
The site has been cleared, and Furtado is hoping to commence construction early next year, with a mid-2025 completion date anticipated.
Furtado has been an estate agent across Brisbane for the best part of three decades.
Queensland now has seven $2 million-plus suburbs as continued price growth continues to push house values to new highs, with a leading property expert revealing where to buy in 2024.
The PropTrack Home Price Index shows that Broadbeach Waters has joined the exclusive club after the median house price in the sought-after suburb increased 3.68 per cent in the past quarter, rising from $1,946,751 just three months ago to reach $2,018,383 now.
It is now Queensland seventh most expensive suburb for real estate, behind Sunshine Beach, Mermaid Beach, New Farm, Surfers Paradise, Ascot and Hamilton.
Sunshine Beach boasts Queensland’s most expensive homes with a median house price of $2,849,736, but that is down from $2,892,736 in the previous quarter and $2,922,205 just 12 months ago.
That’s a drop of 1.49 per cent ($43,198) and 2.48 per cent ($72,469) respectively.
But unlike Sunshine Beach, all three Gold Coast suburbs recorded further price growth over the last quarter.
Mermaid Beach (2nd) now has a median house price of $2,662,543 after posting 3.59 per cent growth in the past three months and 6.06 per cent in the past year.
Surfers Paradise (4th) now has a median house price of $2,335,046 after growth of 3.92 per cent and 7.54 per cent respectively.
In Brisbane, New Farm is its most expensive suburb with a median house price of $2,507,054, down slightly from $2,538,777 just three months ago.
Ascot ($2,2200,652) and Hamilton ($2,204,818 are close behind after quarterly price growth of 3.2 per cent and 2.01 per cent respectively.
And two more suburbs could spill over into the $2 million-plus club by early next year.
The median house price in Tallebudgera Valley is now $1,982,387, up 6.3 per cent in three months.
Houses in Bundall are also close to the mark, with median house values increasing 2.32 per cent over the quarter and 5.68 per cent over the year to hit $1,913,652.
Rounding out Queensland’s top 10 most expensive suburbs was Bulimba with a median of $1,890,787.
Meanwhile, there are now 185 suburbs across Queensland with an average sale price above $1 million.
[TAG0]870 Brunswick Street, New Farm, sold for $2.05m.
They include previously affordable suburbs such as Moorooka, New Beith, Sandgate and Mount Crosby.
By early next year, houses in suburbs such as Dundowran Beach, Park Ridge South, Murrarie, Mitchelton and Carseldine could be seven-figure suburbs.
PropTrack economist Eleanor Creagh said limited supply had created heightened competition and was leading to prices hitting fresh peaks in September.
“Home prices in Brisbane have already regained 2022’s price falls and are rising at a fast pace, jumping 0.39 per cent in September to hit a new price peak,” she said.
“Prices are now 5.82 per cent higher than a year ago and up 6.46 per cent year-to-date.
Looking ahead, real estate expert John McGrath has tipped blue skies for both investors and homeowners in Queensland.
“It’s been a rollercoaster ride for Brisbane’s property market over the past year or so, with
prices hitting a record high before cooling off and then beginning a recovery,” he said in the latest McGrath Report 2024.
He noted that Brisbane had seen the biggest population increase of any capital city, with Sydneysiders and Melburnians “heading north in droves” in search of a better lifestyle.
“The city’s population is forecast to grow by a further 16 per cent over the next decade, surpassing three million before the Olympic cauldron is lit,” he said.
Mr McGrath’s top five suburb picks for price growth in 2024 were Hamilton, Albion, Clontarf, Southport and Coolum Beach.
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