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…
US property seekers dreaming of Australian beaches
The US election will take place on 3 November and although a Democratic win is looking increasingly likely, the last election shows that anything could happen. For people in the US, the two candidates are seen as highly divisive at a time when conditions are particularly challenging. The country now has the highest number of…
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…
Omega Apartments Strong
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 per cent of the buyers are from Brisbane, 10 per…
First Home Loan Deposit Scheme Extended, Caps Increased
The federal government will allow an additional 10,000 first home buyers to obtain a loan to build or purchase a newly-built home with a deposit of as little as 5 per cent, via an extension of the First Home Loan Deposit Scheme. The scheme, which has already assisted 20,000 first home buyers in purchasing a…
In Conversation: Behind the Scenes at the Dennis Family Corporation
The Urban Developer welcomes Bert Dennis OAM, founding chairman of Dennis Family Corporation, along with executive chairman Grant Dennis, to our webinar series. During the past sixty years, the Dennis Family corporation has evolved into one of Australia’s largest private landowners, controlling development and home building arms that make up the bulk of a business whose…