QUEENSLAND-based property developer David Devine is wasting no time getting back into the Melbourne development scene. Four months since retiring from the listed development giant he established in 1983 – now known as Devine Limited – Mr Devine’s newest incarnation, Metro Property Development, has paid $10.2 million for an eight hectare site in Doreen. The land, at 60 Orchard Road, on the corner of Garden Road, will be subdivided into about 150 lots and carry an average block price of about $200,000. Assuming homes worth $250,000 are developed on each block, Metro’s Doreen project could have an end value of close to $70 million. [...]
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A MAJOR residential development site near central Wallan has sold to Sydney-based property group, Oracle Estates, for a speculated $14 million. The 40.3 hectare former farm extends from the north-west corner of Rowes and Taylors lanes, through to a new housing estate which is also accessed by Taylors Lane, and the Northern Highway. The property is about two kilometres from the Hume Freeway, a proposed major retail centre and the Wallan train station. [...] 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. [...] Birthplace of the city’s popular café culture, Carlton is amongst the most diverse and dynamic suburbs located within Melbourne. Besides being a home to the Italian community of Melbourne, Carlton accommodates residents from other parts of the world including the UK, South Eastern Asia, and Eastern Asia. People, from all over the world, flock to this [...] 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 [...] Our homes are all very personal things, it’s important that we carefully choose the right home that we can personalise and make our own. Whenever you buy a new home, even if you buy a brand new property you will want to change at least something about it! Buying a house is one of the most complicated [...] There are a few different reasons why a property might be placed up for auction rather than selling it in the traditional method of using a real estate agent. Firstly if the property is in poor condition, the owner needs a quick sale, or perhaps because the homeowner has defaulted on their loan. Foreclosure Foreclosure is [...] |
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