BECTON Property Group has finally offloaded the prominent Beaumaris Pavilion hotel and adjoining car park, in Melbourne’s south. The East Melbourne-based developer is speculated to have made about $9 million from the sale of the waterfront site, which it bought for $11 million toward the peak of the commercial property market three years ago. Becton had planned to develop a 65-unit aged care facility on the site, as part of a push into that sector. [...]
|
|
|||
|
MACQUARIE Office Trust is about to test drive the performance of the commercial property markets, listing for sale an office investment overlooking the challenging Schumacher and Piquet bends of the F1 Albert Park race track. It was just three years ago, but toward the peak of the commercial property market, that MOT paid $26.26 million for the 11-level, 8400 square metre B-grade office previously known as the Zurich building. Now known as SMEC House, 71 Queens Road is expected to sell this time around for about $23 million, sources say reflecting a yield of about 9.5 per cent based on the asset’s annual income of just over $2.2 million. [...] For further detail regarding borrowing through your SMSF contact What If We Finance, your Melbourne Mortgage Broker today. Lending conditions are tighter and the maximum loan-to-value ratio available is generally lower; some lenders offering up to 85 per cent on residential property for full documentation and 83 per cent for low documentation loans. There may also be [...] Lining the east coast of Florida are dozens of oceanfront condos, townhouses, and ocean view townhouses offering valuable property investment options. Whether you’re looking for a second home or a long-term rental property, finding the right waterfront property in Florida offers a multitude of options. Florida’s Space Coasts is only 35 miles east of the Disney area, [...] Leasing commercial property is a very important decision so the more research you can do, the better. Not only do you have to find a property that is in good condition and has great parking, but you also have to worry about finding the best location. Location is everything. The location of a property will make [...] Investing in real estate is a very smart choice in the modern world. While investing in other avenues, such as funds and stocks, is also a viable way to increase your wealth, it is important to note that no process if fool-proof and all of them are open to a certain level of risk. As such, [...] Women in Property Melbourne, in conjunction with “Jennie Brown,” have announced their special offer to give one woman the opportunity to take her first step down the path to financial independence and wealth creation. The winner of the competition will at a Jennie Brown Property Boot Camp – where she will discover the UNIQUE strategy that [...] Who needs a real estate agent? Everyone who wants to selloff/rent/lease his/her property and dreams of maximizing returns from a similar investment. If that’s the kind of answer you weren’t really expecting, it’s time to think again. A real estate agent is often looked upon as an expensive option to the apparently simple task of buying [...] Geelong Real Estate, businesses and vacant land for development continues to increase in demand as this popular ‘city by the bay’ emerges from its 1930’s industrial cocoon into an affordable and well serviced coastal city with impressive foreshore developments, parklands and as a gateway to the internationally acclaimed Great Ocean Road. The state capital of Melbourne is [...] |
|
||
|
Copyright © 2012 My Melbourne Real Estate - All Rights Reserved Powered by Yahoo! Answers |
|||