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May 2012
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Community Housing Leases 1000 Sq M Box Hill Office

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INTERNATIONAL service provider Community Housing Limited – a specialist in securing local accommodation for residents living in overseas slums and other informal housing – has expanded into flash new Box Hill offices. CHL has signed a major 1000 square metre lease at 26 – 28 Prospect Street (pictured, right), not far from another smaller building it occupied at 9-11 Prospect Street. Both buildings are near the side-entrance of the Centro Box Hill shopping centre, which also includes a train station. [...]

Nathan Tinkler’s Buildev Invests in Sleepy Wonthaggi, Victoria

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MILLIONS of interstate mining dollars will be invested in sleepy South Gippsland. Sydney-based developer Buildev – of which NSW based mining magnate Nathan Tinkler (pictured, right) is a key shareholder – has signed an agreement to acquire part of the Wonthaggi Golf Club, on South Dudley Road and a stretch of Bass Highway known as McKenzie Street, north of the Wonthaggi township. Buidev plans to build medium density housing, tourist accommodation and a retirement village on a 15 hectare slice of the course. The affected land is along the perimeter of the site between what is currently the 14th and 18th holes. [...]

Skyscraper Proposal Being Reviewed to Replace Russell Street’s Rido House, Melbourne

THE National Museum and State Library buildings could be overshadowed by a 36-level skyscraper proposed for a Russell Street site, opposite the eastern most edge of the historic complex. The Melbourne City Council says it is reviewing an application which would see the 42-year old Rido House building at 276 – 284 Russell Street, on the south-east corner of Little Lonsdale Street, demolished and replaced with a 117 metre tower of shops, offices and flats. Unusually, the proposal doesn’t allow for car park bays, suggesting the 154-unit residential component might be better suited (and more easily marketable) as serviced apartments, student accommodation, or both. [...]

Serviced Apartments – A New Culture in Accommodation

Hospitality Sector is among one of the fastest growing sector nowadays. The credit goes to increasing travel, tourism, and globalization of business and commerce. Apart from the regular tourists, a majority of travelers are business executives travelling abroad to onsite assignments. They need proper accommodation facilities with excellent comfort and luxuries.

Serviced Apartments rental is a new [...]