Kokoda Property has cemented its push into the Brisbane market with the purchase of a $12.5 million development site at 19-23 McDougall St in Milton.A new $12.5 million development at Milton is set to add to Brisbane’s high-end luxury living market.Developer Kokoda Property purchased the site with an existing development approval for 235 apartments, offering breathtaking views of the river and CBD.More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019The acquisition is another strong foot forward for Kokoda Property after the sales success of its first Brisbane project Chester & Ella at Newstead. Only 500m from the city, the project will give purchasers expansive views of the Brisbane skyline, Brisbane River and Mount Coot-Tha. Kokoda’s sales and marketing director Sam Tucker said the site represented the perfect mix of lifestyle and connectivity.“With every site we acquire our aim is to provide an unrivalled level of quality and lifestyle, both in design and hotel-style amenities. Our new Milton project will be no exception,” Mr Tucker said.He said the suburb was benefiting from a relative under- supply of residential apartments.
Tinkler had bought this commercial property in Mayfield West, NSW, in 2011 via one of his investment arms.The buyers, Bar Beach Super Nominees, have put the property up for rent at around $100 per square metre which is about an average commercial charge.Mr Tinkler, who was once Queensland’s youngest billionaire, has seen several properties sold at a loss in the past two years including a $6m loss on his Gold Coast Hinterland project Patinack Farm, $3.2m loss on an Ocean St property in Merewether NSW, and his Grandview Road home in Pullenvale selling for $2.15m less than his family had paid. Nathan Tinkler has lost millions after his properties were resold for less than he paid. Picture: John GraingerONE of the smallest of property investments by Queensland wunderkind Nathan Tinkler has come back on the market under new ownership.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoMr Tinkler had bought the 278sq m commercial space six years ago for $640,000 via his Ocean Street Holdings firm, but it was sold by receivers in September last year for just $403,000. Nathan Tinkler’s former home in Pullenvale sold for much less than his family paid. Picture: Realestate.com.au
2531/32 Refinery Parade, New FarmWith amazing views of the Story Bridge and Brisbane CBD, it has no doubt been a tough decision for Brisbane doctors Sarah and David Bell-Allen to sell their four-bedroom, three-bathroom historical penthouse at New Farm. 2531/32 Refinery Parade, New FarmTransformed during the renovations of the heritage-listed CSR Sugar Refinery Building, 2513/32 Refinery Parade has 310sq m of living space, along with uninterrupted views of the iconic Wool Stores, and direct river walk access. 2531/32 Refinery Parade, New FarmMore from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours agoA GP at the University of Queensland, Mrs Bell-Allen said it was time to downsize and move to a smaller property.“We’ve been here for four years. We have three kids but they’ve all left home now,” Dr Bell-Allen said. 2531/32 Refinery Parade, New FarmFeaturing cathedral ceilings, exposed double brick, polished hardwood floorboards, plush carpet and structural rich timber beams dating back to the 1890s, Dr Bell-Allen said the property would appeal to someone who liked “a bit of character”.“It will be ideal for people who like the New Farm lifestyle,” she said. The property has been listed for sale by Ray White Paddington agent Max Hadgelias with offers over $4 million.
17 Royds St, Carina was very popular. Picture: realestate.com.auFROM the street, it’s a very cute looking Carina cottage.But what lays beyond that front door was enough to draw 109 people to inspect it during its first open on the weekend and resulted in 22 offers. RENOVATOR SELLS FOR MORE THAN $1 MILLION The home at 17 Royds St, Carina was listed for offers of more than $699,000 and with the strong weekend interest marketing agent Craig Bullen of REMAX First Residential – Coorparoo believes it will sell for the mid $700,000s in the next couple of days. 17 Royds St, Carina. Picture: realestate.com.auThere are polished hardwood timber floors throughout the property with the renovations, upgrading electrical, plumbing, painting gutters and downpipes. The deck and pool area really appealed to potential buyers at 17 Royds St, Carina. Picture: realestate.com.auMr Bullen had an inkling before the first inspection of the three-bedroom house that interest would be strong because it was a real lifestyle property that presented well.On Saturday 63 groups came through and on Sunday another 46 visited.More from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours ago 17 Royds St, Carina. Picture: realestate.com.au 17 Royds St, Carina. Picture: realestate.com.auHe said as prices increased in the Coorparoo, Camp Hill and Morningside area buyers were now pushing into Carina. FANCY A FREEBIE WITH YOUR UNIT “It had a beautiful big deck with a pool,’’ he said.“I doesn’t even have a dining room effectively.’’ 17 Royds St, Carina. Picture: realestate.com.auThe home had been extensively renovated throughout.Wide bi-fold doors open onto the large deck which overlooks the newly constructed swimming pool, with a water feature.
Grange Residences are getting the lifestyle balance right, close to the CBD but right on the much-loved Kedron Brook with plenty of space to play.WITH a design brief to ‘design something you’d be proud to live in’, Grange Residences overlooking Kedron Brook is sure to hit the right notes as a luxury boutique development.Developer JGL Properties is launching Grange Residences to market this month in a private appointment campaign, with the official public release taking place next month.The 41 northeast-facing townhomes on 1.15ha in Agincourt St, Grange, will come in two, three and four-bedroom layouts with most yards fronting Kedron Brook.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019Grange Residences are getting the lifestyle balance right, close to the CBD but right on the much-loved Kedron Brook with plenty of space to play.JGL Properties managing director John Livingstone said the vision for Grange Residences was to create an inner-city product that appealed to a range of buyers – young professionals and families, but also downsizers who wanted to remain in the area close to family and friends.“Our brief to Arkhefield was to design something they would be proud to live in, and we have been careful to underdevelop rather than overdevelop the site,” he said.“We’re delivering a product that offers the benefits and scale of a house, with enviable open space at your doorstep and the architectural flair Arkhefield have been renowned for over the past 25 years.“This style of product is virtually unrepeatable due to the rare nature of this premium infill site.”The development, to be constructed by Hutchinson Builders, will include a pedestrian and bike path thought the site to join up with Kedron Brook, and extensive native landscaping.
28/3510 Main Beach Pde, Main Beach.He used the 485sq m residence on the 15th level of the Silverpoint tower as his family base.“This apartment is a one off — made for the family as a special request,” said Ray White Surfers Paradise’s Robert Graham, who is marketing the property with Jordan Thams.More from news02:37International architect Desmond Brooks selling luxury beach villa18 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“The family identified Silverpoint as the building for them and as a result had the developer create the residence.”“Usually sub-penthouses are reserved on the higher floors and they can sometimes feel disconnected and out of touch being so high.” 28/3510 Main Beach Pde, Main Beach. 28/3510 Main Beach Pde, Main Beach. 28/3510 Main Beach Pde, Main Beach. 28/3510 Main Beach Pde, Main Beach.Mr Pask’s four-bedroom apartment features balconies from every room with a 360-degree view of the Gold Coast as well as a bar and three separate living areas.“There are only a handful of apartments on whole of the Coast that can boast four bedrooms that occupy an entire floor,” he said.“There is simply nothing else like it and as history has shown it will probably be some time before another one like this becomes available. “They just don’t make them like this anymore.”Some of the city’s top business identities own properties in the building, including “high-rise honcho” Harry Triguboff and Aussie Home Loans CEO James Symond. 28/3510 Main Beach Pde, Main Beach.During a business career that spanned six decades, Mr Pask built a property and development empire that made him one of the country’s wealthiest people. His estimated wealth was $1.02 billion.His career as a property developer began when he started buying, renovating and selling old homes. He went on to develop more than 2000 housing blocks, apartments, car yards and other commercial sites throughout Queensland and Melbourne.His property is set to go to auction on May 19, 2018. THE Gold Coast sub-penthouse the late billionaire Nev Pask lived in for nearly 30 years is set to go under the hammer.THE Gold Coast sub-penthouse the late billionaire Nev Pask lived in for nearly 30 years is set to go under the hammer.Mr Pask, who passed in February aged 87, bought his Main Beach apartment in 1989.
A local family bought the 1927 home for $1.615m, seen here from the Hillside Crescent side of Hamilton.More from newsParks and wildlife the new lust-haves post coronavirus19 hours agoNoosa’s best beachfront penthouse is about to hit the market19 hours agoWHAT NEXT FOR BRISBANE HOME PRICES? 2018’S BEST QUEENSLAND HOMES Given the condition of the historic home, it’s expected the new owners would be looking at a further $300,000 to fix up the property in line with heritage conditions.Mr Rowland said around 25 people a week inspected the triple-storey home at 19 Hillside Crescent.“The majority weren’t local. Most of them were out of town like Eatons Hills, Bridgeman Downs, looking for an entry level property in Hamilton. What was interesting was I thought it would be a young couple, but the majority were people above 60 looking to retire riverside.” The pool has stunning views over the river Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:45Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:45 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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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 Rate1xFullscreenSummer Dream Home: Currumbin01:4519 Hillside Crescent, Hamilton, has been sold by receivers.RECEIVERS have sold off the luxury riverside mansion of one of Brisbane’s most prominent families for $1.615m in a “once in a generation sale”.The Hamilton home of bankrupt whisky and cattle baron Keith Batt and his wife Margaret was sold for $185,000 more than they had paid five years ago — just two years before the founder of Nant Distilling Company went bankrupt owing millions to creditors.El Nido was considered the earliest Spanish mission style home in Brisbane by the Queensland Heritage Register, sitting in a coveted spot overlooking the river, Bulimba, Newstead and the CBD. Sydney to Hobart winning yachtRagamuffin, akaBumblebee IV, hit the market following the collapse of Nant Whisky. Picture: Claudia BaxterThe Batt’s problems have escalated in recent weeks, with the Australian Securities and Investments Commission obtaining orders from the Supreme Court of Queensland three weeks ago to appoint Richard Hughes and David Orr of Deloitte as provisional liquidators of three companies linked to them.The action over Nangus Holdings Group, Nangus Holdings and Nangus Grazing Company came as part of an ongoing investigation into the Nangus Group of companies.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:40Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:40 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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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 Rate1xFullscreenStep inside this Melbourne mansion00:40“The orders were sought by ASIC due to concerns about the solvency and lack of management of the companies. In particular, ASIC has concerns about a herd of approximately 261 head of cattle abandoned by company management,” an ASIC statement said.“Keith Batt and Margaret Letizia, the individuals responsible for the creation and management of the companies, are now both personally bankrupt, disqualifying them from managing a corporation.”FOLLOW SOPHIE FOSTER ON FACEBOOK Margaret and Keith Batt at the 2012 VIP launch of The Nant Whisky Cellar & Bar at Brisbane’s Emporium precinct in Fortitude Valley.Agent Tristan Rowland of Place Aspley said the 91-year-old home could have fetched almost five times as much had there not been major development restrictions over the site.“Had it not had heritage listing, it would have sold for up to $10m,” he told The Courier-Mail. “But the receiver was happy. It was a great outcome considering the nature of the property.”Just the day before the El Nido deal, a three bedroom Hamilton home with river views and demolition approval sold for $1.7m. Mrs Batt had made a last-ditch attempt to sell El Nido in December without success. The receiver sale comes one year after the Batts sold their Clayfield home for $200,000 less than they had paid 24 months earlier — a sale that occurred within months of Mr Batt declaring himself bankrupt in late 2015.Among Keith Batt and Nant assets that were recently sold off was the 27-ton Maxi Ragamuffin — winner of three Sydney-Hobart yacht races between 1979 and 1990 including when it was owned by one of Australia’s richest men John Kahlbetzer and racing under its original name Bumblebee IV. The maxi sold “for a song” mid last year.