Karam appoints Hindmarsh to deliver Maasra
Hindmarsh Construction Australia has started work on a $102 million mixed use development in Coorparoo, qualifying the project for the federal government’s HomeBuilder grant. Being developed by Karam Group, the eight level Maasra Apartments will have 102 dwellings and is expected to be completed in late 2021. The $25,000 HomeBuilder grant is available to eligible […]
$400m Accor Mondrian hotel-residence bound for Burleigh Heads beach front
The Mondrian hotel brand is coming to Australia and Burleigh Heads has been chosen as the location for its first branded residences. Accommodation giant Accor has teamed with Brisbane developers Chris and Letitia Vitale of Vitale Projects, and leading hospitality group sbe, to deliver the 22-storey dual-tower Mondrian Gold Coast. The $400 million Gold Coast […]
Mondrian hotel to open on the Gold Coast in 2023
In a sign of confidence returning to the hospitality sector after COVID-19, accommodation giant Accor and Brisbane developer Chris Vitale will bring the renowned Mondrian hotel brand to Australia. A 209-room hotel overlooking Burleigh Heads beach on the southern Gold Coast will open in mid-2023 as part of a $400-million project being undertaken by Mr […]
Construction commences on Maasra Apartments in Coorparoo
As construction is now underway, Maasra Apartments qualifies for the $25,000 HomeBuilder Grant, available to eligible individuals and couples who intend to own and occupy an apartment they purchase off the plan before the December 31 deadline. With Maasra Apartments starting at $399,000, a number of one and two-bedroom apartments also meet the criteria for […]
Westpac’s full circle – forecasting 15 per cent house gains post COVID
Westpac economists have gone full circle in their house value forecasting, with prices to soar from December 2021. They had been expecting between April 2020 and June next year, the national price index to fall by 10 per cent. But last week they updated their forecasting, stating prices would only drop five per cent between April […]
STRONG SALES CONTINUE AT OMEGA APARTMENTS DESPITE CHALLENGING TIMES
Luxury residential property developer HG Developments’ new lifestyle building in Brisbane’s inner city has sold 18 apartments in recent months to local, interstate and international buyers across all price points and demographics, despite the uncertainty of Covid. Of the recent 18 apartment sales at Omega Apartments, 85% of the buyers are from Brisbane, 10% from […]
Living it up in the inner city
A luxury inner-city development, below, which features a subtropical rooftop sky garden with a fire pit, pool and yoga deck as well as a double-storey gym and function room, has recorded strong demand for apartments through the COVID-19 period with 18 sales to local, regional and overseas buyers. HG Development’s Omega complex at 61 Brookes […]
Off-the-plan unit buyers eligible to receive Federal Government’s HomeBuilder scheme
While most of the focus has been on single home construction, there’s been a boost for fresh off-the-plan project offerings in the Federal Government’s HomeBuilder scheme. Following the hasty launch of the scheme in early June, the Federal Minister for Housing and Assistant Treasurer Michael Sukkar confirmed off-the-plan apartments were eligible for grants. According to […]
PRESTIGE BUYERS READY TO BID FOR RARE BRISBANE RIVERFRONT PENTHOUSE
A rare opportunity to purchase a lavish penthouse more than three and a half times the size of an average home has piqued the interest of buyers from the top end of town. The Manhattan-style residence occupies a sprawling 694sqm of prime waterfront real estate positioned 58 metres into the sky to capture uninterrupted views […]
Exclusive photographs: view from Gold Coast’s twin towers to transform tourism industry
NEW photographs showcase a luxury five-star twin tower development which is tipped to put Burleigh on the world tourism map. Graphics obtained by the Bulletin for the first time show the magnificent beach views from hotel rooms along with the upgrade of The Esplanade fronting the resort and residential towers to be built in First […]
Australia’s Luxury Market “Most Resilient”
Australia’s prime residential market was the strongest performer during the second quarter of the year, with prices remaining resilient despite the impacts of the COVID-19 outbreak, according to the latest study by Knight Frank. The Australasian and the North American region were the most resilient during the quarter, but the former reported the strongest performance […]
Covid-19 Creates Unique Opportunities for Buyers
The top suburbs tipped for future performance in Brisbane, Sydney and Melbourne have been revealed—with the coronavirus shifting the landscape for both rental and sales markets, new research shows. According to PRD’s latest affordable and liveable property guide Covid-19 made its mark on rental markets in particular over the first half of 2020. The […]