All You Need To Know On How To Maintain Your Rental Property

Maintaining your rental property is important if you want to keep your tenants happy and ensure that your investment is protected. In this blog post, we will discuss all the things you need to do in order to properly maintain your property. We will cover everything from keeping the property clean to fixing broken appliances. So, whether you are a new landlord or have been renting out properties for years, be sure to read this post!

To DIY or Hire A Professional?

So, what you can do to maintain your rental property? There are many high-rise window cleaning companies in Sydney that will be able to help you with the upkeep of your rental property. However, some people feel more comfortable doing it themselves. If you fall into this category, here are a few things you need to know on how to maintain your rental property:

• – First and foremost, always make sure that your windows are clean. This may seem like an obvious task but it is one that is often overlooked. Not only will dirty windows make your rental property look unkempt, but it can also lead to permanent damage if left unchecked.
• – In addition to regularly cleaning your windows, you should also be sure to inspect them for any signs of wear and tear. If you notice any cracks or chips, be sure to repair them as soon as possible to avoid further damage.
• – If your rental property has gutters, it is important to keep them clean and free of debris. Clogged gutters can lead to water damage, so be sure to clean them out on a regular basis.
• – Finally, don’t forget about the outside of your rental property. Regularly trimming the lawn and keeping the landscaping tidy will go a long way in making your rental property look its best.

By following these tips, you can ensure that your rental property is well-maintained and that your tenants are happy. In turn, this will help you retain good tenants and avoid having to deal with high turnover rates.

Regular Maintenance

As a landlord, you are responsible for ensuring that your rental property is well-maintained. This includes regular cleaning and repairs, as well as preventive maintenance. By keeping up with regular maintenance, you can avoid more costly repairs down the road. 

In order to keep your rental property in top shape, it is important to develop a regular maintenance schedule. This schedule should include tasks such as checking the smoke detectors and changing the filters on the furnace. Additionally, you should inspect the property regularly for any signs of damage or wear and tear. 

By staying on top of regular maintenance, you can ensure that your rental property remains in good condition for years to come. Additionally, tenants will appreciate living in a clean and well-maintained rental property. If you are not sure where to start, consider hiring a professional property management company to help you with maintaining your rental property.

Event of the emergency

While regular maintenance is important, there are also some things that you should do in the event of an emergency. For example, if there is a broken window or a clogged toilet, you will need to take care of the problem as quickly as possible. In these cases, it is often best to hire a professional to handle the repair. 

By being prepared for emergencies, you can avoid costly damages to your rental property. Additionally, tenants will appreciate knowing that you are available to take care of any problems that may arise. 

As a landlord, it is important to be prepared for both regular maintenance and emergency repairs. By staying on top of these tasks, you can ensure that your rental property remains in good condition for years to come. Additionally, tenants will appreciate living in a clean and well-maintained rental property. If you are not sure where to start, consider hiring a professional property management company to help you with maintaining your rental property. 

Regular Inspections

As a property owner, you should carry out regular inspections to make sure that your tenants are taking good care of your investment. By conducting regular inspections, you can nip any potential problems in the bud and avoid costly repairs down the line. 

Ideally, you should inspect your rental property every three months or so. Of course, this may not always be practical – especially if you live far away from your rental property. In such cases, you may need to hire a professional property management company to carry out inspections on your behalf. 

During an inspection, there are several things you should look out for:

• – Are there any signs of damage? This could include water damage, holes in walls or ceilings, or broken windows.
• – Is the property clean and tidy? 
• – Are there any health and safety hazards? This could include things like electrical hazards, trip hazards, or gas leaks.
• – Are the tenants following the terms of their tenancy agreement? This includes things like keeping the property clean and tidy, paying rent on time, and not causing any damage to the property. 

If you do find any problems during an inspection, you should address them with your tenants as soon as possible. By doing so, you can avoid potential disputes down the line.

Rental Property Maintenance Expenses

As a landlord, you are responsible for maintaining your rental property and ensuring that it is safe for your tenants. This includes regularly checking the condition of the property, repairing any damage, and keeping up with general maintenance tasks.

While it is important to keep your rental property in good condition, it is also important to be aware of the costs associated with maintaining a rental property. Here are some common expenses that landlords need to budget for:

• –Repairs: Even if you take good care of your rental property, repairs will be needed from time to time. Landlords should budget for both emergency repairs (such as a broken water heater) and routine maintenance tasks (such as painting the walls or fixing a leaky faucet).
• –Updates: In order to keep your rental property competitive, you may need to make occasional updates and improvements. This could include anything from repainting the walls to installing new appliances.
• -Cleaning: Depending on the type of rental property you have, you may need to hire a professional cleaning service to clean the units between tenants. This is especially common for properties with multiple units, such as apartments or condos.

As a landlord, it is important to be aware of the costs associated with maintaining your rental property. By budgeting for repairs, updates, and cleaning, you can ensure that your rental property remains in good condition while also staying within your budget.

Doing Rental Maintenance Helps to Have Happy Tenants.

As a rental property owner, you know that happy tenants are key to having a successful business. Not only will they take care of your property, but they are also more likely to renew their lease year after year. That’s why it’s important to do everything you can to keep them happy – and that includes maintaining your rental property.

Overall, maintaining your rental property does not have to be a difficult task. By following the tips mentioned above, you can ensure that your property is well-taken care of and remains in good condition for years to come. With a little bit of effort, you can create a comfortable and enjoyable living space for both you and your tenants. So what are you waiting for? 

 

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How to choose the perfect suburb when buying a home

There are thousands of suburbs across Australia, and hundreds in each capital city alone. How can buyers whittle down this long list to their favourite few before they start their property search?

Start with your budget

There’s no escaping the critical role buyers’ budgets play in narrowing the field.

“Fundamentally, budget is a major driver that will determine where you can and can’t go,” says Raine & Horne’s network manager for NSW and the ACT, Travis Wentriro.

You can find the median prices for units and houses in any Australian suburb on Domain, which can serve as a starting point to figure out which suburbs you can afford.

If you have your heart set on certain suburbs and find they are beyond your budget, check out the neighbouring suburbs. In fact, the founder of Cherish Property buyers’ agency, Tracy Leske, encourages buyers to look for suburbs on the verge of areas that have experienced price increases to give them a better opportunity for future capital growth.

“I call it ‘the wave effect’,” she says. “The closer you are to the city, the more expensive and the more desirable a suburb becomes. When they get more expensive, it pushes buyers out to the next ring.”

Leske says that, at the end of the day, you can only buy based on what you can borrow, however real estate agents and buyers’ agents with expert local knowledge can quickly get you up to speed with neighbourhoods you’re not so familiar with.

Lifestyle and life stage

If you’re a single professional your priorities will be different to those of a family with young children or a pair of empty nesters.

In her role as a Brisbane buyer’s agent, Leske asks her clients to fill in a comprehensive questionnaire that details the must-haves and the nice-to-haves. This is a great way to put a filter on your suburb search.

“It helps to see what it is that we really want and what we’re willing to compromise on,” she says. 

If close proximity to trains is a deal-breaker, there’s no point considering suburbs without a train station. If you want a big house with a big backyard, you’ll most likely need to head to the mid- to outer-ring suburbs or a regional area.

If you’re keen on sending your kids to a particular public school, you’ll need to buy inside that school zone, and if you’re keen to have the in-laws within a 10-minute drive, you’ll want to find a property within a suitable radius.

If you can’t get through your work-from-home day without a break to buy a coffee, you’ll want a good cafe within reach. Similarly, if you want a park or beach or great nightlife within walking distance, or a medical centre or hospital nearby, you’ll need to find a suburb that delivers easy access to these amenities.

If you can’t do without barista coffee, make sure the suburbs on your shortlist have a good cafe culture. Photo: Greg Briggs

Wentriro says public transport, schools, cafes, shops and health services tend to be at the top of many buyers’ wishlists.

If your shortlist includes newer suburbs, he says buyers should look at government planning websites to see what new infrastructure will be delivered in the next five or so years.

Short, medium or long term?

Leske says a key question to ask is, “How long am I going to be here for?”

“Most of my clients say 20 years, so it’s a long-term proposition,” she says. “That means you need to consider what’s likely to happen [in your household] in the medium to long term.”

Many of us grow attached to our neighbourhood and will upsize and downsize within a limited area, so it helps to get the basics right from the get-go. As a young couple with no kids, schools might not be on your radar, but if marriage and a family is looking likely, you’ll want to factor this in to your suburb choice.

“What you need at the age of 40 compared to the age of 60 or 70 is different,” says Wentriro. “But people can live in one suburb their whole lives so they’re looking for that one-stop [solution].”

Choosing the right suburb requires balancing your desired lifestyle and your budget. Photo: iStock

Finding your tribe

It’s common to want to live near like-minded folks, says Wentriro.

If you’re an artist or musician, you might seek out an artistic community. If you’re raising a family, you’ll probably benefit from living close to other families. If you’re retired you may like to have other retirees within easy reach, and if you’ve recently migrated from another country you might enjoy putting down roots in a suburb that already caters to your cultural needs.

Looking for a home with a big backyard in a family-friendly area? You’ll probably need to search within mid- to outer-ring suburbs, or try a regional area. Photo: iStock

Of course, some buyers are searching for true diversity and may concentrate their search in inner-city areas that are home to a broad mix of residents.

Leske says if buyers are confused or overwhelmed as they work their way through potential suburbs, there’s nothing like a local to provide on-the-ground knowledge.

“Once somebody has lived in a suburb and they’re happy there, they become a great referral for that area,” she says.

How to choose a suburb when buying a home

• Set a budget based on how much you can borrow.
• Browse suburbs with median prices that fall within your budget.
• Determine your priorities based on your lifestyle and life stage.
• Plan ahead by thinking about how your needs may change in the future.
• Find a community that caters to your needs.

 

 

Article source: www.domain.com.au

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How much will mortgage repayments increase when interest rates rise?

It’s the million-dollar question on home owners’ minds: When will interest rates rise and how will that affect home loan repayments?

While economists and the big four banks expect the Reserve Bank of Australia (RBA) to increase the cash rate target from June, no one knows for certain when rates will rise and by how much.

 An increase to the cash rate will see borrowers with variable-rate home loans facing higher mortgage repayments, assuming banks pass on rate hikes to customers, which is highly likely.

But whether you’re on a fixed or variable rate home loan, it’s worthwhile reviewing your mortgage before the cash rate increases, says Lianna Mills, senior home loan specialist at Domain Home Loans.

“Sitting and waiting for [an increase] to happen will not benefit home owners,” she says. “It’s important to look at your home loan now.”

So when are interest rates expected to go up and how high are rates predicted to rise?

When will interest rates rise?

The conditions for a cash rate hike – full employment, sustained wage growth and increasing inflation – are expected to be met in June, says AMP Capital’s chief economist, Shane Oliver.

“You can make an argument conditions have already been met,” he says. “But the Reserve Bank doesn’t want to raise rates in an election campaign, so they won’t be hiking in May.”

If interest rates do rise in June, borrowers with variable-rate home loans may have about a month to prepare for an increase in their mortgage repayments.

But how high the cash rate will rise could be the difference between paying tens of dollars or hundreds of dollars more per month.

Each month, the Reserve Bank of Australia (RBA) board meets and sets the cash rate target, sometimes referred to as the “official” interest rate. The cash rate serves as a benchmark for home loan interest rates, which are normally a few percentage points higher. Lenders often adjust their variable interest rates based on movements of the cash rate, but aren’t obliged to do so.

What could the first interest rate hike be?

The RBA has historically moved the cash rate in 0.25 per cent increments. Therefore, it’s possible the RBA will move in line with historic trends, Mr Oliver says.

“The general expectation is that the first hike will be to get us back to 0.25 per cent, which will be a 0.15 per cent hike,” he says. “Thereafter, the Reserve Bank would move in 0.25 per cent increments.”

Source: Domain Home Loans Repayment Calculator

The above table shows the approximate amounts monthly home loan repayments could increase if interest rates rise. Based on a 30-year principal and interest loan with an initial 2.5% interest rate. Information is intended as a guide only. Fees and charges excluded. 

If the cash rate increased by 0.15 per cent, borrowers with a $500,000 mortgage on a 30-year term could expect to pay an additional $39 per month on their home loan repayments. For those with a $1 million mortgage, it could mean an additional $79 per month.

For borrowers on a variable rate home loan, the amount their repayments increase will depend on the size of their mortgage and how high the cash rate goes. Photo: Greg Briggs

However, it’s possible the RBA will conclude that 0.15 per cent is too small of an increase, and may start with a larger hike to show a stronger commitment to keeping inflation down, Mr Oliver says.

“I think this first hike might actually be 0.4 per cent,” he says. “If we work on the basis that the RBA wants to get back to 0.25 per cent increments, they may want [the target] at 0.5 per cent and, to do that, they’ve got to go 0.4 per cent.”

If the cash rate increased by 0.4 per cent, borrowers on the same $500,000 mortgage could expect to pay an additional $106 per month. For those on the same $1 million mortgage, it could mean an additional $211 per month.

How high could interest rates get?

Much like asking when the cash rate will rise, economists will tell you there’s no easy answer when it comes to how high the cash rate will climb over time.

“It’s a bit of a guessing game at this point,” Mr Oliver says. “We don’t know how households will respond to increases in interest rates for the first time since 2010, particularly given that they’re coming from record lows.”

The RBA will take increased levels of household debt into consideration when deciding how high to raise the cash rate. Photo: Vaida Savickaite

But because of increased levels of household debt, Mr Oliver says the RBA won’t need to raise interest rates to 5 or 6 per cent, as they have done historically, to get inflation back under control.

He expects the cash rate to reach 1 per cent by the end of 2022 and 1.5 per cent by 2023. Thereafter, if inflation substantially decreases, he expects the rate could drop again.

The big banks offer mixed forecasts for the peak of the rate-tightening cycle. Commonwealth Bank expects the cash rate to peak at 1.25 per cent in early 2023, while Westpac predicts a peak of 2 per cent in mid-2023. ANZ expects the cash rate to reach 2 per cent by the end of 2023, and NAB has forecast a peak of 2.25 per cent by the end of 2024.

 

Article Source: www.domain.com.au

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Property giant Dexus closes in on AMP deal

AMP and Dexus are on the cusp of a deal that will allow the diversified property player to take a significant chunk of the wealth manager’s prized $44 billion funds management arm and boost Dexus’ status in the listed real estate sector to third-largest fund management platform.

Sources close to the transaction said AMP and Dexus were expected to finalise arrangements on Wednesday after several days of “dotting i’s and crossing t’s” on a sale and purchase agreement.

AMP, led by chief executive Alexis George, ditched a long-running plan to spin off its private markets arm Collimate Capital, and after approaches from interested buyers, investigated selling the business. It confirmed a week ago it was in discussions with Dexus about a potential deal.

Collimate, previously known as AMP Capital, has $44 billion in infrastructure and real estate assets, but Dexus is angling to secure its $31 billion local property and infrastructure platform.

Another listed property player, Mirvac, is reported to have made a late run at gaining management control of the AMP Capital Wholesale Office Fund, which is part of the Collimate platform. A Mirvac spokeswoman declined to comment.

Tribeca Investment Partners senior portfolio manager Jun Bei Liu said Mirvac entering the running for Collimate was good news for AMP because it could push up the price. “Obviously, the more bidders the better because it means potentially higher prices. And very high-quality bidders as well.”

Liu said while both parties were high quality, she had a slight preference for Dexus. “It’s just a better-run business; they’re both run well but Dexus is No.1. Then there are synergies that can be realised.”

Tribeca has a small shareholding in AMP and Liu said investors had been kept well informed throughout the process.

An acquisition of the management rights by Dexus will bolster its funds under management from $27 billion to $57 billion, giving it the third largest platform behind market behemoths Charter Hall ($61 billion) and Goodman ($64 billion).

The fact that there are so many companies circling AMP reaffirms the view that there is fundamental value in the company.

A separate tussle is under way between Apollo Global Management and Digitalbridge over AMP’s offshore infrastructure equity business.

Offloading its signature funds management arm will leave AMP to focus on its core wealth management, financial advice and banking businesses following a series of missteps that cost it more than 92 per cent of its value over the past two decades.

Morningstar analyst Shaun Ler said any Dexus takeover of Collimate would come down to price. He has valued the business at about $1.4 billion, which includes valuations of around $300 million for its real assets and $1 billion for its infrastructure assets but said this was based on “rough estimates” because disclosure over the business is low.

Ler said the right price could be good news for shareholders because Dexus had a stronger management reputation than AMP which could stem outflows from the business.

However, Ler said equity markets were trading at depressed values, meaning Dexus could pay a “bargain price”.

“It all comes down to price. If the business is still run under AMP and the current management team, you get those comments about clients being dissatisfied. But Dexus has a very good reputation so if Dexus took over the platform, it could be more valuable.”

Ler said he did not have any oversight over the live bids, but the level of interest confirmed that AMP was under-valued. “The fact that there are so many companies circling AMP reaffirms the view that there is fundamental value in the company. I think it really highlights the point that the business has been underpriced.”

 

Article Source: www.brisbanetimes.com.au

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5 Mistakes to avoid when hiring a locksmith

Locksmiths play a crucial role in our security and peace of mind. It is, therefore, essential to ensure that you select the right locksmith to work on your locks. However, people make some common mistakes when hiring a locksmith, leading to big problems. To ensure that you do not hire the wrong person, we have compiled a list of five mistakes to avoid when hiring a locksmith.

Here are the top 5 mistakes to avoid when hiring a locksmith:

1. Not doing your research

One of the people’s biggest mistakes when hiring a locksmith is not doing their research. It is essential to research a few locksmiths in your area and compare their prices and services. Don’t just go with the first locksmith you find, as you may regret it later. Once you know a few locksmiths in your area, you can meet them in person. You can ask them questions about their services and see if they are willing to work with you on price. Make sure that the locksmith you select is honest about their services and fees so that you do not have any issues down the line.

2. Not getting a quote

Another common mistake people make is not getting a quote from the locksmith before hiring them. It is essential to get a quote for the services you need to know what to expect, and you can also know if the price is fair when you get a quote.

3. Hiring unlicensed locksmiths

Another mistake people make is hiring unlicensed locksmiths. It is illegal to hire an unlicensed locksmith, but it can also be dangerous. Unlicensed locksmiths may not have the proper training or experience and may not be reliable. Make sure you hire a licensed and qualified locksmith.

4. Hiring based on price alone

Hiring a locksmith based on price alone is another mistake people make. Just because a locksmith is cheap doesn’t mean they are good. It is essential to compare locksmith prices and consider other factors such as experience and reputation.

5. Not asking for referrals

Finally, one of the best ways to find a reputable and reliable locksmith is to ask for referrals from friends and family. If someone you know has had a good experience with a locksmith, they are an excellent person to ask for recommendations.

Locksmith services

There’s a reason locksmiths are some of the most in-demand professionals globally. From locked out of your car to a home lockout, they’re the people who can help resolve your lock-related emergency. Below are some of the most common locksmith services:

Emergency locksmith and lockout assistance

If you find yourself locked out of your car, you should first call a locksmith. These are services provided by licensed, bonded, and insured locksmiths (who also have a background check and license verification). These professionals offer emergency lockout and emergency locksmith services, which fix the problem quickly.

Business and home lockout services

A business or home lockout is when you cannot enter your premises due to lost keys or broken keys. If you’ve been locked out of your car, and have access to a spare key, contact your insurance company.

Lock installation and repair

There are several reasons you might want to install a new lock. Perhaps your old safety has become worn out, or maybe you want to upgrade the security of one of your windows or doors. Whatever your reason, it’s essential to hire a professional locksmith for this job. For example, if you’re installing a cellular deadbolt on your front door, you need someone well-versed with the installation process.

Most locksmiths offer a wide range of services, from key duplication and lock installation to crucial extraction and security system installation. As a result, you must choose a professional locksmith who’s qualified and experienced in the services you need.

When finding a locksmith, you should keep a few things in mind. First and foremost, always check the locksmith’s licensing and insurance. Secondly, ask for referrals from friends and family, or check online review sites to see what others have had to say about their experiences.

Once you’ve found a qualified locksmith, clarify what services they offer and the estimated cost. Most locksmiths are happy to provide a free consultation so you can get an idea of what the work will entail and how much it will cost.

Conclusion

No one can be expected to be an expert in every field, especially when hiring a locksmith. By avoiding the top 5 mistakes made when hiring a locksmith, you’ll have a smoother process and be more likely to find the best possible locksmith for the job.

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What Is Conveyancing and Why Is It Important For Your Real Estate Transaction

Conveyancing is a term that is often heard in the world of real estate, but what does it actually mean? It is the process of transferring the ownership of property from one person to another. It is a vital part of any real estate transaction, and if you are thinking about buying or selling a property, you need to be aware of what it entails. In this blog post, we will discuss what conveyancing is, why it is important, and how it can benefit you as a home buyer or seller.

Everything you should know about conveyancing

It is a complex process, and there are many different aspects to it. One of the most important aspects is ensuring that the property you are buying or selling is legally sound. This means making sure that there are no outstanding debts or liens on the property, and that all of the necessary paperwork is in order. It also involves researching the history of the property to make sure that there are no hidden problems that could come back to haunt you later on. If you want to learn more about it, the professionals at provey.com.au to help you understand the process a little better. Another important aspect is negotiating the terms of sale between buyer and seller. This includes things like price, settlement date, and any special conditions that need to be met. A good conveyancer will work hard to get the best possible outcome for their client, whether that means getting a lower price for the buyer or a higher price for the seller.

Why is it important?

Conveyancing is important because it helps to protect your interests when buying or selling a property. As we mentioned above, one of its main functions of it is to make sure that the property you are buying or selling is legally sound. This can save you a lot of time and money down the line, as you will not have to worry about any legal problems popping up after the sale has been completed. Another reason why it is so important is that it gives you peace of mind. When you know that everything has been taken care of by a professional, it makes the process of buying or selling property much less stressful. Furthermore, it can also help to speed up the process of buying or selling a property, as it can take care of all of the necessary paperwork and negotiations.

You will need a good conveyancer

If you are thinking about buying or selling a property, then you need to make sure that you use a good conveyancer. A good conveyancer will work hard on your behalf to make sure that everything goes smoothly and that you get the best possible outcome from your sale. If you are not sure where to find a good conveyance, then you can ask a real estate agent for recommendations. Alternatively, you can search online for firms in your area. It is vital to ensure that the property is legally sound and that all of the necessary paperwork is in order. A good conveyancer will also work hard to get the best possible outcome for their client. If you are thinking about buying or selling a property, then you need to make sure that you use a good conveyancing firm.

There are several stages to the process of conveyancing 

The first stage is to appoint a conveyancer who will act on your behalf. Once you have appointed a conveyance, they will request title deeds and other relevant documents from the seller’s solicitors. Your conveyancer will then carry out some important searches, including a search of the local authority’s planning records and a water and drainage search. After that, your conveyancer will prepare a draft contract of sale for you to review. Once you are happy with the contract, it will be sent to the seller’s solicitors for them to check over. Finally, once the contracts have been exchanged, both parties are legally committed to going ahead with the sale.  The conveyancing process can seem daunting, but it is important to remember that your conveyancer will be there to guide you through every step of the way.

This is an important process when transferring the ownership of property from one person to another. It is vital to ensure that the property is legally sound and that all of the necessary paperwork is in order. A good conveyancer will also work hard to get the best possible outcome for their client. If you are thinking about buying or selling a property, then you need to make sure that you use a good conveyancing firm. Using a professional conveyancer can save you time and money down the line, as they will take care of all of the legal paperwork for you. Ultimately, this can also help to speed up the process of buying or selling a property. So if you are looking to buy or sell a house, make sure to appoint a good conveyancer to help you through the process.

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Developers to swoop on prime Broadbeach apartment development site through GV Property Group

Developers are set to swoop on a prime two block development site in the heart of the in-demand Broadbeach on the Gold Coast.

Property amalgamation specialists GV Property Group have managed to amalgamate the two blocks, some 12 owners, to create the 1,548 sqm site at 19-23 Anne Avenue. They have expressions of interest closing May 20.

GV Property Group agent Luke Reaby said the availability of parcels this size in the hub of Broadbeach are becoming few and far between

“We have been working on this amalgamation for the last 12 months and are extremely excited to see the response it deserves,” Reaby says.

The site is just 300 metres from Broadbeach’s Kurrawa Beach to the east. A tower would offer views over the Nerang River and Surfers Paradise CBD to the north.

To the west there would be direct views over the Cascade Gardens and views back down to the Casino and Broadbeach CBD to the South.

This pocket of Broadbeach is supported by some of the most successful developers such as Raptis, Little Projects, and Niecon, who have all had amazing sell-outs stories. Picking the right location is a top priority and this one is a no-brainer.”

Developers have been quick to snap up any available land in the thriving suburb with Raptis recently lodging plans for their Anne Avenue site.

They had Bates Smart create a 383-apartment tower at 5-9 Anne Avenue. Raptis has also recently cleared the site at 6-10 George Avenue to make way for a proposed 40-storey residential tower.

Little Projects sold-out Signature residences are currently under construction in the area, as is Bassar Construction Group’s inaugural Gold Coast project, the 39-level Infinity, which also recently sold out.

Morris Property Group kicked off the booming development back in 2021, completing Koko, which was inspired by the modern luxe of international boutique hotels.

 

Article source: www.urban.com.au

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