Chic City Living

July 27, 2011 § Leave a comment

JUST LISTED!

302b/ 117 Studio Lane
2 bedrooms, 1 bathroom, 1 car space
This sophisticated property offers everything to those who wish to live the
“Chic City lifestyle.”
Located in Harbour Town, this precinct includes an abundance of shopping, cafes and much more.
Be quick as this apartment will not last long!

Click here to view the property online or contact Julie Street on 0414 627 830

 

Docklands Second Decade

October 29, 2010 § Leave a comment

Docklands residents have lashed out at the Government’s 10-year vision for the waterside development.  

The draft plan for the second decade of Docklands development proposes:

A RETRACTABLE concertina-style pedestrian bridge linking both sides of Docklands.

LIVE music spaces and access to the water for swimming at Harbour Esplanade.

A FLOATING stage and outdoor cinema on Central Pier.

A TWO-hectare park underneath Bolte Bridge.

A LIBRARY and community centre on the corner of Bourke St and Harbour Esplanade.

Read more

Docklands: Future visions

October 26, 2010 § Leave a comment

Ten years after work began in Docklands, it is home to thousands of residents and hundreds of offices, but it is still thought of as a soulless, corporate wasteland. As the precinct prepares for the next decade, can it shake off its bad reputation?

Developing and providing for this community will be the focus of the second decade of Docklands. For 10 years, private developers have dominated the transformation of the 190-hectare waterfront site, investing more than $6 billion in commercial and residential high rises and snapping up 98 per cent of all developable land. As the population is predicted to grow from 6000 to 15,000 and the number of workers to double by 2021, critics say it’s about time planning authorities shifted their attention to the needs of the people who live and work here.

Read the full article here

Nine moves key shows to Docklands

October 26, 2010 § Leave a comment

The Nine network will shoot its Melbourne-based productions from the Melbourne Docklands Studio from next year.  

Nine has signed a five-year deal to move productions including Millionaire Hot Seat, The Footy Show and the coming National IQ Test from their traditional Richmond base to Docklands’ Sound Stage Four and then Sound Stage Five in a year after it is re-fitted with motorised lighting systems, control rooms and storage facilities.

Read more…

Canberra and Darwin are Australia’s most expensive cities to rent

October 11, 2010 § Leave a comment

 

Darwin and Canberra remain the most expensive Australian cities to rent a home.  

This is occurring as the government and resource sectors, coupled with a shortage of housing stock, continue to push the cost of accommodation higher, The Australian reports.

Rents in Darwin and most other capital cities were steady for the three months to September.

But resource projects in the Northern Territory and tight supply are expected to trigger more increases in the Territory capital, where some residents have been seeking commercial warehouses as an affordable housing alternative, according to real estate agents.

The RP Data rent report showed Darwin’s average house rents were $520 a week, followed by Canberra, where rents had risen 3.1 per cent in the past three months to $495 a week.

RP Data analyst Cameron Kusher said while the biggest rises in the coming months would be in Sydney and Melbourne, rents in those cities would still not overtake Canberra or Darwin, which had transient populations. Read more… 

Costco pumps $140m into Aussie growth

September 24, 2010 § Leave a comment

Costco’s only Australian store made $8.9 million in sales and membership fees in its first two weeks of operation, as customers flocked to the warehouse discount outlet.  

But Costco Wholesale Australia made an overall loss of $14 million in the year to August 31, 2009, due to the costs of establishing its second store and headquarters in New South Wales, its special purpose annual report revealed.

The company had reported an annual loss of $2.4 million in the previous year due to the cost of establishing its maiden store at Melbourne‘s Docklands.

That store opened on August 17, 2009, and the annual report, filed with the Australian Securities and Investment Commission on Tuesday, reflects sales during its first two weeks of operation.

Costco now has 345 employees in Australia and an annual salary bill of more than $9 million.

The annual report also reveals that its parent company in America has injected another $140 million worth of capital into the company.

Read more…

Court ruling spells trouble for investors and rental agents

September 24, 2010 § Leave a comment

A recent NSW court decision will push investors and rental agents to take a closer look at safety in their properties after more than $840,000 was awarded to a tenant injured by broken glass.  

Chances are you’ve never heard of the case of Hunt v Roads and Traffic Authority of NSW, but this recent court decision could have a far-reaching consequences for unwary property investors around the country.  

Read more…

  The ruling cuts right to the heart of the issue of what “duty of care” an owner and their managing rental agent owes a tenant, their awareness about potential problem areas in rental properties, and the importance of complying with building codes when conducting even routine maintenance.

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