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In a rare sale a vacant block of land in Mosman has been snapped up by a developer for $2.67 million.
The site at 188 Spit Rd had development approval for the construction of nine apartments over five levels, plus one retail shop.
LJ Hooker Mosman agent Tim Abbott who sold the land with agent Michael Counihan said this was a rare sale.
But a little bit of planning goes a long way.
The first thing you need to do is assess the site: work out the amount of sun, shade and wind you receive at different times of day, and at different times of the year. Then consider the size and colour of the pots that will best serve the plants you buy and the balcony space available.
It might look a little fishy, but there’s no doubting that an indoor and outdoor koi pond is a striking feature.
And right now there’s a house for sale in bayside Melbourne with one. It also comes with a modest basketball court and a dumbwaiter.
Joining the Brighton East stunner in this week’s Dream Homes is another Toorak classic.
Considerable confusion remains about what is going to happen and when and this is not assisted by some of the announcements made in relation to the NBN.
Some support the NBN, on the basis that it is a government business enterprise and more likely to provide an equitable solution for all users than a commercial enterprise. Others remain sceptical about the NBN and are considering other options. There is doubt about how metropolitan connections can be priced equitably if there is significant leakage to the mobile and TPG fibre networks.
The City of Melbourne is offering owners’ corporations of city residential buildings up to $3000 to swap to low-energy lightbulbs and install solar panels as part of efforts to reduce carbon emissions and make the Victorian capital carbon-neutral by 2020.
The subsidy scheme aims to speed up adoption of the national Smart Blocks program that has to date seen 63 of the city’s 1262 residential apartment buildings replace halogen lights with lower-emitting LED lights and install solar generation in the common areas of their buildings.
One of Australia’s most popular property investment markets is showing glimmers of resurgence on the back of increased sales.
Like many coastal hot spots the Gold Coast market was hit hard by the GFC, resulting in a huge drop in property values and many forced sales.
New figures released by RP Data today, reveal the housing market is making a comeback. House values have risen by 4.8 percent in the past year although unit values have dropped marginally by 0.7 percent.
Lend Lease have received the go ahead to construct 1400 apartments across seven towers which will form part of its $2.5 billion re-development of Darling Harbour.
Darling Square, the new urban neighbourhood at the southern end of the precinct will house approximately 2,000 people along with student accommodation housing around 1,000 students, 2,000sqm of community space, 7,000sqm of retail and 15,000sqm of commercial space.
Growing business confidence and easier access to capital could see Melbourne’s strata office in for a big year in 2014.
Full-floor office sales in the last quarter of last year came in at more than 13 and that level of strong level of activity spilled into the start of this year.
DTZ manager of CBD Strata Sales, landlord and institutional investor services, Danny Clark said: “We are being inundated with strata office enquiries, and 2014 is set to be a strong year for sales in the sector with growing business confidence and easier access to capital.”
