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EIGHT months after the Frankston City Council deferred plans to build the multimillion dollar Frankston Safe Boat Harbour, city developer Asian Pacific Building Corporation has decided to offload the area’s most prominent property. In doing so, Frankston’s most ambitious privately proposed redevelopment – the $50 million-plus Peninsula Centre – may be no more. The distinguishing 12-level building at 435 Nepean Highway – once described by comedian Barry Humphries as “the worst building in Australia” is for sale with price expectations of between $13 and $16 million. [...]
ANOTHER block of land in Hawthorn East’s ritzy Harcourt precinct has been sliced and diced. This time, at 4 Higham Road, an estate that was formerly home to Hawthorn born chief justice of Australia Sir Owen Dixon has been split into nine blocks. Two of the blocks measuring 615 square metres have now been listed for sale with an asking price of $1.4 million. The vendor is esteemed senior counsel John H Karkar QC. [...]
HIGH end retailer Gap opened its first Australian store at Chadstone, in Melbourne, last month. The 1200 square metre shop at the massive Chadstone The Fashion Capital shopping centre, is the latest in Gap’s 3100 store network. Gap plans to open 10 to 15 stores across Australia in the next three to four years. Its next store will be at Westfield’s Sydney City complex later this year. [...]
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How many of you are dreaming of having a house and land package in Australia? Probably most of you are aspiring to buy your own house and start your new life [...]
The Australian Property Market
When it comes to nations in the world that are experiencing a thriving real estate market, Australia is towards the top of the list. Indeed, over the course of the past decade, the real estate market in many locations around Australia has been booming.
Major Australian cities naturally are experiencing the biggest growth in [...]
One of the most beautiful area on the planet, locations in Australia just never ceases to charm. Having thousands of miles of coastline, and almost entire Australian people living along the seashores, the country is rich in aquatic features and some of the world famous tourist attractions. A vast country-continent, Australia’s immense mainland is virtually uninhabited. [...]
Every year Forbes publishes the list of the richest people in Australia. 2009 showed a drop in the number of billionaires (weâre down to 9) but despite the changes in the economy these entrepreneurs proved that fortunes can still be made. Almost everyone on the list started out with a small venture that eventually flourished with [...]
Here we have four strategies which are fantastic, especially if you currently own negatively geared property. These strategies are so easy to do yourself and here is an example of just how easy it is. There was a gentleman called Jeff. Now Jeff had bought three negatively geared properties from a seminar. These properties had been [...]
When buying a house most people go down the traditional route of hiring a real estate agent. However the trouble with real estate agents is that they work with the interests of the seller of the property in mind, not the purchaser.
Why a buyerâs advocate
When buying property in Australia it will be much easier if you [...]
About Australia
Australia is a country of so many extremes, being the sixth largest country in the world (50% larger than Europe) but having the lowest population density in the world, some 2 people per square kilometre. The country has historically strong links to Britain, with the Queen still the official monarchy of the country, [...]
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