Category: Real Estate Investing

A STATEMENT Hamilton home complete with custom indoor skate ramp and a basement garage designed to house a prestige car collection is up for sale.

The slick four-bedroom, four-bathroom home is one of Zephyr Industries’ latest luxury residential builds and marketed by Place – Ascot agents, Drew Davies and Carter Lagana, via an expressions of interest campaign.

Named ‘Soror’, the home at 10 Ludlow St is set over three levels on a 405sq m lot with a desirable north-south aspect capturing Brisbane river and city views.

It is one of a pair of contrasting, yet equally striking, newly completed homes, built side-by-side in the blue-chip inner-city enclave.

While Soror’s bold design and elegant dark aesthetic demands attention, the neighbouring house, named ‘Isle’, showcases a light, coastal-inspired look.

Isle sold prior to completion in December 2021 for circa $7m.

Twitter’s new CEO Elon Musk has received criticism after choosing not to pay the rent for the company’s headquarters in San Francisco.

Musk took over the social media platform in October last year and has faced a turbulent few months as thousands of employees have been laid off and revenue has significantly dropped.

According to a lawsuit filed this week, the company owes $199,000 in unpaid rent – with the company forced to downsize from six floors to two.

Reports suggested Shornstein Properties, which owns the building with JPMorgan, is negotiating after Twitter missed the deadline to refinance the $400m loan on the property.

The company is also being sued for failing to pay almost $293,000

LOS ANGELES (AP) — Southern California beachfront property that was taken from a Black couple through eminent domain a century ago and returned to their heirs last year will be sold back to Los Angeles County for nearly $20 million, officials said Tuesday.

The heirs’ decision to sell what was once known as Bruce’s Beach was announced by Janice Hahn, chair of the county Board of Supervisors, and state Sen. Steven Bradford, who led local and state governmental efforts to undo the long-ago injustice.

“This fight has always been about what is best for the Bruce family, and they feel what is best for them is selling this property back to the County for nearly $20 million and finally rebuilding the generational wealth they were denied for nearly a century,” Hahn said in a statement.

Bradford, who authored the state legislation that enabled the land’s return, said he supported the

FROM weird sale amounts and media-hungry agents to eye-popping auctions and influencers behaving badly, the Gold Coast property market is always entertaining.

Among the quirkiest moments of real estate in 2022, a local model was caught

by security camera stripping down to a bikini to pose in front of a luxury new duplex at Palm Beach, which was marketed by Ed Cherry, of Harcourts Coastal.

CCTV footage showed brand influencer Holly Cheesman dropping her jeans to have her photo taken in front of the Jefferson Lne property’s aesthetic facade.

The snap of Ms Cheesman in a colourful string bikini became her Instagram profile picture, while pants-down footage of the bold stunt was also shared to social media by the home’s owner-builder, Nick McDonald.

It has been a rollercoaster ride for Queensland buyers and sellers over the past few years, with soaring sales highs during the pandemic property boom to daunting lows as interest rates were swiftly ratcheted up and borrowing powers crashed.

But while the red hot heat has come out of the market, buyers now have an opportunity to find a home without the FOMO and stiff competition.

Sellers are also meeting the changing market.

So we asked some of Queensland’s property titans to reveal their suburb picks for 2023, for first home buyers, families and those with deeper pockets.

Here, Ray White Qld CEO Jason Andrew (JA), Belle Property Qld boss Jon Iceton (JI), LJ Hooker Qld general manager Stephen Mutton (SM), McGrath National Manager (Sales) Troy Malcolm, Harcourts CEO Mitch Peereboom and Place managing director Sarah Hackett (SM) share their insider knowledge on the suburbs to watch.