Archive : 上海夜网MP

A new breed of developers are descending to the Gold Coast market

first_imgPhoto of young developer Jason Drummond (front) with his team (L-R) Sonny Kennedy, Mitch Gizell, Bobby McGee, Simon Reeves, Harry Smalls at his newly built Palm Beach triplex. Photo by Richard GoslingJASON Drummond is among the new wave of developers cashing in on the hot Gold Coast property market, but he doesn’t even own his own house.The 33-year-old is paying $195 a week in rent at the Varsity duplex he shares with friends and two years did not have enough money for a deposit on a property.Now he is selling duplexes in Palm Beach for more than $800,000 a pop.Mr Drummond said he started with a “good idea, lots of research and an investor to back him”.His most recent project — a triplex at Palm Beach — just hit the market with a price tag of $775,000 to $835,000 each.Photo of young developer Jason Drummond (front) with his team (L-R) Sonny Kennedy, Mitch Gizell, Bobby McGee, Simon Reeves, Harry Smalls at his newly built Palm Beach triplex. Photo by Richard Gosling“I bought the block for $670,000 about a year ago,” Mr Drummond said.“There was an unlivable house on it, the sewerage was blocked and it was in really bad condition but I had always planned to knock it down.”The accountant who sold one of the homes this week said it all came down to location and availability of land.“Identifying the block was the hardest part and you really have to have a high-risk tolerance to get into these sorts of projects,” he said.“Most of my friends have a massive interest in doing something similar but it all comes down to affordability.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North2 hours ago02:37International architect Desmond Brooks selling luxury beach villa22 hours ago“The land in Palm Beach is getting really hard to buy up as well. When I started it was about $600,000 and now it could be anywhere from $800,000 and beyond.“That is just a block of land with an old house.”From duplexes to boutique residences and trendy units, the new breed of developer is pushing the boundaries, according to REIQ Gold Coast chairman John Newlands.“There is a huge emergence of the duplex trend popping up across the Coast and it is certainly replacing the old with the new,” Mr Newlands said.“Three years ago you couldn’t subdivide and develop with these sorts of projects because of density restrictions but now changes have been made to town planning the Gold Coast is really upscaling and suburbs like Southport and Labrador are getting renewed interest.”Mr Newlands said the trend was offering a solution to the “serious” lack of land on the Gold Coast.“Gold Coasters don’t have to rely on big developers to give them a new estate,” he said.Mr Newlands explains that parents who own big blocks are deciding to knock down the family house and build a duplex.“It solves the downsizing issue as well because most of these people don’t want to leave the suburb they just want low-maintenance living.”Valuer Tony Coghrane of Gold Coast Property Advisors said he received at least one buyer a week aged 30-35 enquiring about building a duplex.“My youngest client is 24 and he is interested in building a triplex on the northern Coast,” Mr Coughran said.“These buyers are happy buying older houses and transforming them.”last_img read more

Messi-Menia: Stuttgart fan launches €900million fundraising

first_img Promoted ContentTop 10 Historical Mysteries That Still Haven’t Been Solved14 Hilarious Comics Made By Women You Need To Follow Right NowInsane 3D Spraying Skills Turn In Incredible Street Art13 kids at weddings who just don’t give a hootFantastic-Looking (and Probably Delicious) Bread Art6 Best Supercars In Movies You’ll Dream To Drive At Least OnceThe Very Last Bitcoin Will Be Mined Around 2140. Read More8 Ways Drones Will Automate Our FutureCouples Who Celebrated Their Union In A Unique, Unforgettable WayThe Funniest Prankster Grandma And Her Grandson7 Universities Where Getting An Education Costs A Hefty PennyThe Best Cars Of All Time Loading… ‘In the event that the planned amount is not reached on time or Lionel Messi joins another club, 100 per cent of the money raised will be donated to Viva con Agua.’ After seeing the fundraising effort, one Twitter user wrote: ‘This is the best thing I’ve seen all day,’ while another added: ‘Now this legendary.’ Manchester City emerged as the favourites to seal Messi’s signature after the star told Barcelona, via fax, he wanted to leave. Read AlsoFIFA set to step in Messi’s quest to leave Barcelona In response to the current status of the fundraiser, one fan quipped: ‘Pays for the fax machine.’ La Liga have ruled that Messi’s astronomical £630million (€700m) release clause is still active, given that the player did not issue his desire to trigger an option to leave for free before June 10 FacebookTwitterWhatsAppEmail分享 center_img As the global fever over next move for 6-time Ballon d’Or winner Lionel Messi continues, a Stuggart fan has launched a fundraising campaign to help the club sign the embattled Barca star. Tim Artmann set up a fundraising page with a target of €900million (£805m) to try to stump up the cash for the Bundesliga side to acquire the Argentina international. And five days since its creation only €262 (£234) has been donated to the cause, but Artmann has revealed that if the target is not met or Messi departs to another club the donated amount will be given to a water charity. The description on the GoFundMe page reads: ‘We VfB fans are collecting money to pay for Lionel Messi’s transfer. Hottest bride in town, Barca’s lionel MessiAdvertisementlast_img read more

AP source: NHL Players’ Association’s executive board voting on 24-team playoff proposal as return to play format

first_imgAP source: NHL Players’ Association’s executive board voting on 24-team playoff proposal as return to play format May 21, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditTORONTO (AP) — AP source: NHL Players’ Association’s executive board voting on 24-team playoff proposal as return to play format.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6center_img Associated Press last_img