Renovated home on Gold Coast’s beachfront blends old with new

first_img36 O’Connor St, Tugun.The hardwood floorboards, timber staircase and wood fireplace are just some of the original features that have been maintained.The kitchen has a more modern style with marble benchtops and Smeg appliances. Outside, a pool and pavilion offer the perfect spot to relax in summer. 36 O’Connor St, Tugun. 36 O’Connor St, Tugun.FORGET “out with the old, in with the new”.A Tugun house showcases what can happen when the two are mixed together. A renovation has given the beachfront property a contemporary flair without destroying its rich heritage. 36 O’Connor St, Tugun.More from news02:37International architect Desmond Brooks selling luxury beach villa13 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago 36 O’Connor St, Tugun.last_img read more

Big shake-up in Queensland’s most expensive suburbs

first_imgThe list of most expensive suburbs to buy in Queensland has had a shake-up. Picture: SuppliedAfter years of domination, inner-city Teneriffe has been dethroned as the most expensive place to buy a home in Queensland, with latest data showing fresh faces in the top 10.After years of being overshadowed by inner-city luxury “newbies” like Newstead and New Farm, one of the traditional bluechips — Ascot — has snatched the crown as the suburb with the highest median house price in the state.In a sweeping move, an array of fresh faces have hit the top 10 most expensive places to buy in Queensland, including Sunshine Beach in Noosa, Mermaid Beach on the Gold Coast, Chevallum on the Sunshine Coast, and Upper Brookfield in Brisbane’s west.MORE:Crunch time for buying in BrisbaneThe Queensland house you can build in three hoursREA Group chief economist Nerida Conisbee said Brisbane could be in for a major ramping up of demand in 2019.“Brisbane is holding up a lot better than Sydney and Melbourne. It’s up against the same sort of challenges as those two with unit oversupply, credit crunch but it didn’t get as expensive and there does seem to be quite a lot of jobs growth supporting market demand,” she told The Courier-Mail.“So the outlook for the premium market is quite good. With the highest median house price at $1.6m that’s still way better than Sydney and Melbourne, and if there is jobs growth as well we could see a ramping up in Brisbane.Ms Conisbee said investors were also “really spooked” by Sydney and Melbourne in 2018 so were “likely to be looking across that South East Queensland region for opportunities this year”.51 Palm Avenue, Ascot, is on a 1,138 sqm block and on the market for $3.5m.31 Beatrice Terrace, Ascot, is for sale at $2.85 million.Ray White Ascot agent Damon Warat said Ascot was coming off a great year, with demand surging.“Our biggest difficulty as agents now is trying to find houses to sell,” he said.“Ascot is an area with a culture, a lot of character homes, it’s got a great community and great schooling — all these factors set it apart from its neighbours.“It’s more of a family suburb than Teneriffe and New Farm. It’s generally where professionals aspire to move to before they start a family. We get a lot who work overseas and come back to have a family home in the area.”CoreLogic principal researcher Cameron Kusher said while “Brisbane certainly does have an affordability advantage relative to the southern capital cities”, job prospects would be key to further increases in migration.“Weaker career prospects outside of Sydney and Melbourne is likely to weigh on any decision to move to Qld from the southern states. Our belief is that through 2019 housing market conditions will be similar to 2018’s conditions with the possibility that value growth may accelerate a little late in the year.”75 Charlton Street, Ascot, is on the market for $2.99 million.This renovated home at 19 Upper Lancaster Rd, Ascot, is currently on the market.Carl Mogridge, director at The Property Agency, and his wife Dr Philippa Mogridge, a dentist, both 34, plan to move to Ascot in March from their current home in Sydney’s Bondi.“The basic premise of moving back to Brisbane was we acquired a new dental centre, Philippa did, and I’m also going to expand our creative agency into the Brisbane market as well. The second reason is we’ve got a little baby daughter Victoria (seven months old) and we’re moving back closer to family. And it’s a lower cost of living compared to the eastern suburbs of Sydney.”More from newsParks and wildlife the new lust-haves post coronavirus14 hours agoNoosa’s best beachfront penthouse is about to hit the market14 hours agoThey plan to rent out their two bedroom Bondi apartment for $1200 a week – which is about the same cost as renting a two storey Queenslander in Brisbane’s inner-city.“The average house price in Bondi is just ridiculous, so it excludes a lot of people from buying. So getting a beautiful house in Ascot which is the premier suburb in Brisbane for us, very eastern suburbs, our dollar will travel further.”Queensland’s most expensive suburbs:(Based on median house price)Ascot $1,600,000Chandler $1,580,000Teneriffe $1,577,500New Farm $1,500,000Sunshine Beach $1,500,000Mermaid Beach $1,456,000Bulimba $1,320,000Hamilton $1,302,500Chevallum $1,300,000Upper Brookfield $1,280,000(Source: CoreLogic Market Trends)FOLLOW SOPHIE FOSTER ON FACEBOOKVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51last_img read more

Wakerley remains a popular choice for families

first_imgA putting green at 13 Cliff Close, Wakerley was one of the property’s selling points.WAKERLEY’S reputation as a destination of choice for young families continues with the sale of 13 Cliff Close.The four-bedroom house, which had been on the market since September, sold for $765,000 during the first week of the new school year to a young family. FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK ABS Census data shows 10.5 per cent of the population is aged from 5-9 years, compared with 6.9 per cent for Queensland.“The properties are conducive to families, and generally there’s a lot of parkland and reasonable-sized blocks,” he said.“With this house, it was a little unusual in layout and it backed onto bushland.”The property included a putting green, inground pool, an office and media room. Integrated bushland and parkland are making Wakerley popular with families. David Whyte of McGrath Bayside Manly said two local owner occupiers and one investor offered for the lowset house.He said the reputation of the local school had a lot to do with the area’s popularity.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020center_img SEE WHAT ELSE IS FOR SALE IN WAKERLEY A relaxed outdoor entertaining area gives families an extra place to hang out at home.The main living areas separated the master bedroom from the three other bedrooms.Wakerley’s median house price is $757,500, a 2.4 per cent increase in 12 months, with 144 houses selling, CoreLogic property data released this month shows.last_img read more

Century-old inner city workers cottage made new again

first_imgThis renovated workers cottage at 18 Balmain Tce, Red Hill will go to auction on Saturday at 10am.ELEVEN years ago, Leighton Thomas and Anna Baranoff, were a young Ashgrove professional couple bidding against six other parties to buy a 108-year-old Red Hill renovator.THEN: This is what all the fuss was about, a great floorplan but lots of work. The good news for bidders at this Saturday’s auction is that Leighton Thomas and Anna Baranoff are architects and they’ve done all the work for you.Two children and a double renovation later, and the young architects are now ready to go back to auction, but this time as the sellers.MORE REAL ESTATE STORIESNOW: A picturesque entrance for a house that is being taken to market after a significant renovation.“This was our first real project together in a beautiful location,” Ms Baranoff said.“The views out the back are phenomenal and when we saw it before auction, I thought I’d really like to get that house.”Angela Mastrapostolos of Ray White Paddington will take 18 Balmain Tce to auction at 10am this Saturday.CHECK OUT THE SATURDAY AUCTION LIST FOR BRISBANE“We’ve had people come back to view the property two to three times,” Mr Thomas said.“We’d love to get to know them but we’re very emotionally attached to the house so we’ll leave that to Angela.”The property has had two renovations, with four months transforming the upstairs workers cottage and then six months creating a modern retreat downstairs with polished concrete floors.More from newsParks and wildlife the new lust-haves post coronavirus14 hours agoNoosa’s best beachfront penthouse is about to hit the market14 hours agoThe house is designed to let natural breezes in and the heat out.Incomplete house the hottest in AustraliaAustralia’s worst house for saleInternal living space has been doubled and rooms have been opened to create an adaptable inner city home.The renovated kitchen with open plan living leading to the back deck.“We wanted the cottage to be authentic in character, and it had a good floorplan, along with the views of Red Hill.“And we wanted to modernise downstairs with spa like luxury in the master bedroom and polished concrete.”A spa bath in the well-appointed master bedroom ensuite.The couple are proud of their contribution to the vibrant Red Hill community and believe their house would suit a variety of buyer groups.“You can see double income no kids, emerging families, it’s got a great large yard, and also there’s considerable interest from downsizers moving to Red Hill. And it would suit adult families with adult children, because of the separation.”>>>FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK<<<last_img read more

Twin Gold Coast homes the epitome of modern living

first_imgA touch of luxury. Past the ground floor staircase is an open kitchen, dining and living area with sliding glass doors opening out onto an alfresco deck that overlooks the pool and waterfall spa, canal and Gold Coast skyline.A theatre room and guest bedroom with ensuite is also on the ground floor.Upstairs, there are three additional bedrooms, two of which have balcony access, as well as a rumpus room that opens onto a balcony.The top floor is dedicated to the main bedroom with a walk-in wardrobe, ensuite and wraparound balcony with views stretching as far as the Gold Coast skyline. The twin properties each have a $2.495 million price tag. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 There are four bathrooms to choose from. Each of the three-storey houses has five bedrooms, four bathrooms, theatre rooms and pools.Stone, glass and European Oak floors are featured throughout while a black and white palette gives the properties a classy edge.Mr Stylianou said they had many standout features but there was one he liked most.“The favourite part for me is the stairs with lights in them,” he said.Before questioning their practicality, Mr Stylianou assures each step can be easily removed to clean or change the light globes. The outdoor entertainment areas overlook the water. Another spot to take in the Gold Coast views.Other standout features include sensor and dual activated lighting throughout, a laundry shoot on each level and intercom security.Ray White Broadbeach Waters — Mermaid Waters agents Mitch Palmer and Jamie Harrison are marketing the properties. They each have a $2.495 million price tag. How about those views! He spent about a year getting the design right and obtaining approval to build the five-bedroom houses.“The actual build was about 11 months,” he said.More from news02:37International architect Desmond Brooks selling luxury beach villa12 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoWith 25 years experience in the construction industry, Mr Stylianou had a very clear idea of what he wanted the finished product to look like.“They’re quite close to identical,” he said.“Everything (inside) is unique and one-of-a-kind where you can’t just go and buy it off the shelf.“Everything is pretty well top of the line.” The staircases are a real highlight. Two expertly designed houses at 97 and 97a T E Peters Drive, Broadbeach Waters, have hit the market. Waterfront homes are always in high demand but house hunters will be left coveting two in particular from the moment they step inside.Contemporary design paired with cutting-edge finishes characterise two houses in Broadbeach Waters. Built on two blocks that were once one, the houses at 97 & 97A T E Peters Drive are the first of their kind in the suburb. Contemporary design is paired with cutting-edge finishes. Owner and developer Tim Stylianou bought the 830sq m block and its 1980s-built house in 2016 with the intention of demolishing it and building a much more modern home.But new rules have allowed Mr Stylianou to subdivide the block rather than the usual strata titling, which means the houses that tower above the block today are not villas or duplexes with a body corporate like all the others in the area built to date. MORE NEWS: Currumbin Waters units fastest-selling on the Gold CoastMORE NEWS: Isle of Capri house snapped up in multimillion-dollar deallast_img read more

From ‘sweet little cottage’ to Queensland’s hottest house

first_img MORE: One bedder sells for over $1M That is what a dream backyard looks like.“It is literally one of the best all around properties that’s for sale now in the Brisbane market” was how he described it, having the “functionality of new build, character of a 100-year-old and the design and feel of a brand new home”.He said since the property was listed, they had been inundated with interest. 43 Jenolan Ave, Hawthorne, was the most viewed house in Queensland this past week.A “sweet little cottage” that’s been converted into a luxurious dual level entertainers paradise was the hottest property in Queensland this week – and it’s only been on the market a week.“It’s been under market since Friday,” said real estate agent Tony O’Doherty of Belle Property Bulimba. More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoThe home is pristine.The property was listed as a “dreamy river avenues residence”.Mr O’Doherty listed it as “completely dreamy”.“A sweet little cottage with a divine address was lifted, moved and extended to create this new five-star haven just 500m from the banks of the Brisbane River,” was how it was described. Renters bunking up or paying up High ceilings and cool colours in the modern kitchen.“Lots of calls, lots of texts, emails,” he said, with the first inspection of 43 Jenolan Ave, Hawthorne, scheduled for Saturday February 1 at 12.15pm.The home was listed as being open to “best offers by March 5 at 3pm”, a friendlier take on tenders, he said.“We rebranded the tender process. When finance was hard, what we found was that every time we said tender, the average mum and dad would ask what a tender is. It’s quite popular in southeast now. In December we had 11 best offer campaigns – eight sold before closure, two on the date and one two weeks after closing date.” Multimillion-dollar offer at 11th hour halts auction Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 The home was given a major renovation, and includes a pool with energy efficient equipment plus soundproof pool shed, an outdoor kitchen with Beefeater BBQ, built-in seat, storage and television, an oversized triple garage, an open-plan kitchen/lounge/dining zone, a study, separate family room and French oak floors. FOLLOW SOPHIE FOSTER ON TWITTERlast_img read more

SFWMD Hosts Lake Okeechobee Workshops

first_imgThe  South Florida Water Management District (SFWMD) is conducting a series of workshops to solicit public input on plan alternatives for the Lake Okeechobee Watershed Restoration Project. These meetings will take place today, from 1 to 4 p.m. at SFWMD Okeechobee Service Center in Okeechobee, and tomorrow, from 9 a.m. to noon at SFWMD Headquarters B-1 in West Palm Beach.Part of the Comprehensive Everglades Restoration Plan (CERP), the Lake Okeechobee Watershed Restoration Project is a planning effort being conducted by the U.S. Army Corps of Engineers and the South Florida Water Management District to identify opportunities to improve the quantity, timing and distribution of flows into the 730-square-mile lake.The project area, where placement of potential features are being considered, covers a large portion of the Lake Okeechobee Watershed north of the lake.Goals and objectives for the project include:Increasing water storage capacity in the watershed, resulting in improved Lake Okeechobee water levels;Improving the quantity and timing of discharges to the Caloosahatchee and St. Lucie estuaries;Restoring wetlands;Improving existing and future water supply.last_img read more

Lithuanian LNG reloading station loads first truck

first_imgThe facility performed the operation on Tuesday, October 17, when the first LNG truck from the Polish company Duon arrived at the facility.Klaipedos Nafta carried out a small-scale technical feasibility and risk study in relation to loading LNG trucks, which defines the conditions of accepting and loading LNG trucks at LNG reloading station.Speaking of the event, Klaipedos Nafta’s CEO Mindaugas Jusius said, “the LNG reloading station will guarantee the logistic chain for the Baltic Sea Region countries and market participants while supplying gas to consumers who are not connected to the main gas pipelines.”In October and November, Litgas, Lithuanian natural gas trading company, part of Lietuvos Energia, will supply several hundred cubic meters of LNG to Duon, which means that LNG trucks will begin to constantly arrive at the LNG reloading station owned by Klaipedos Nafta. Image courtesy of Klaipedos NaftaKlaipedos Nafta’s liquefied natural gas reloading station performed the first LNG truck loading operation as the commissioning works at the facility in the port of Klaipėda.last_img read more

Report: Kogas in arbitration with Australia’s North West Shelf LNG project

first_imgImage courtesy of WoodsideSouth Korea’s LNG importing giant Kogas has reportedly gone into an arbitration with Australia’s North West Shelf export project led by Woodside.Kogas is looking to settle a liquefied natural gas contract that ended in 2016, Reuters reported on Monday citing a Kogas spokesperson.The arbitration relates to a difference over an agreed price renegotiation during a mid-term supply contract, the news agency said citing unidentified sources.The North West Shelf project facilities include five LNG processing trains and two domestic gas trains. The facility is located 1260 kilometres north of Perth, Western Australia.The LNG plant has an annual LNG export capacity of 16.9 mtpa which is exported to customers in the Asia Pacific region and beyond.Woodside operates these facilities on behalf of the North West Shelf project participants. Other NWS JV partners are BHP Billiton, BP, Chevron, Japan Australia LNG (MIMI) and Shell. LNG World News Stafflast_img read more

Rowan enters into new five-year loan

first_imgHouston-based offshore driller Rowan Companies has extended its liquidity runway by entering into a new unsecured five-year credit facility with its banking group. According to its statement on Tuesday, Rowan has amended the agreement governing its existing revolving credit facility and entered into a new agreement providing for an additional senior unsecured revolving credit facility.The facilities will provide for initial total borrowing capacity of approximately $1.266 billion, further enhancing Rowan’s financial flexibility, the company explained.The new five-year facility will provide borrowing capacity of $955 million. Rowan will continue to have access to its existing credit facility, which has been amended to provide for availability of approximately $311 million, with step-downs to occur over the next two years.The company added that maturity of the existing credit facility is unchanged at January 2021, while the new credit facility will mature in May 2023. The new facility includes additional guarantees from certain Rowan entities and includes certain additional restrictions on Rowan and its subsidiaries.Rowan’s Executive Vice President and Chief Financial Officer, Stephen Butz, commented, “We are grateful to our banking group for the confidence they have shown in Rowan and for their strong support throughout this process.“We remain committed to maintaining an attractive credit profile and a solid balance sheet and are pleased with these agreements, which will further enhance the company’s already strong liquidity position providing additional liquidity on an unsecured basis into mid-2023.”Earlier this month, Rowan posted a net loss of $112.3 million for the first quarter of 2018 compared to net income of $10.3 million in the first quarter of 2017.The company’s revenues for the first quarter of this year totaled $211.2 million compared to $374.3 million in the same period of 2017.The company’s long-term debt at the end of March 2018 was $2.5 billion.last_img read more