875 Currumbin Creek Rd, Currumbin Valley. 875 Currumbin Creek Rd, Currumbin Valley.HIDDEN among the bushland and rolling hills of Currumbin Valley is a country retreat visible only to those looking for it.The picturesque property at 875 Currumbin Creek Rd has panoramic views of the valley.Its seclusion and serenity was what attracted owners Glenn and Kate McSweeney to the house in 2005.Mr McSweeney said it can’t be seen from the road, giving them complete privacy.“You can come home and if you don’t leave the property, you don’t see anyone until you do (leave),” Mr McSweeney said. 875 Currumbin Creek Rd, Currumbin Valley. 875 Currumbin Creek Rd, Currumbin Valley.More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe couple have renovated the 1986-built house and cleaned up the 3910sq m property’s gardens since they bought it.“When we bought it, it was actually really overgrown with trees,” Mr McSweeney said.“The gardens took years, we did that over a period of time.”The home now has a more modern interior while the manicured gardens are breathtaking.It’s a double-storey house with five bedrooms, two bathrooms and two carparking spaces.Downstairs, there is a living area, media room, study, laundry and two bedrooms with a shared bathroom.Upstairs, there is a combined kitchen, dining and living area, which opens out onto a wraparound balcony, as well as three bedrooms with a shared bathroom.Mr McSweeney said their favourite part of the property was the pool area. 875 Currumbin Creek Rd, Currumbin Valley.“It’s really nice,” he said.“We’ve put in a steam room and you’ve got the jacuzzi there.“You can get in the jacuzzi then get in the steam room … then use the pool as a plunge pool.”Mr McSweeney said they planned to settled down in the property but a job offer has given them the chance to move interstate.He said it was a hard decision to leave but it was too good an opportunity to give up.
Gold Coast property markets are continuing to rise.HOMEOWNERS are getting more for the sale of their Gold Coast properties than they were a year ago as house and unit values continue to climb.A new CoreLogic report shows the Glitter Strip recorded the second highest property value growth across regional Queensland in the last financial year.The Sunshine Coast was the most solid performer, recording the biggest jump in median house prices at 6.9 per cent to $605,771 followed by the Gold Coast at 4.8 per cent to $642,243, then Wide Bay (2.2 per cent) and Cairns (2 per cent).In the unit market, the Sunshine Coast once again enjoyed the strongest increase in median values at 4.6 per cent to $425,249 followed closely by the Gold Coast at 4 per cent to $415,971 and Wide Bay at 0.6 per cent.CoreLogic analyst Cameron Kusher said coastal and tourism markets in Queensland were the areas performing reasonably well.“Generally speaking, in terms of the regional areas overall, they are the strongest performers, the coastal and lifestyle markets,” he said.“Where as the markets linked to the mining and resources sector probably aren’t as bad as they were in terms of the housing market performance but they are still not really bouncing back yet.’’NEW ERA FOR GOLD COAST APARTMENT MARKETThe report found the only region in Queensland to see an increase in transaction numbers during the year to May 2018 was the Wide Bay region, where sales levels increased by 5.4 per cent.The number of homes selling on the Gold Coast has fallen 12 per cent compared to last year while current sales volumes were 8 per cent lower than the region’s five year average.REIQ director John Newlands said stricter lending criteria with banks was partly to blame for the drop in the number of sales.More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“It may have some sort of impact on it but the winter months are always a slow time of year as well,” he said.However, on the ground, he said the market was performing well and believed sales would pick.TOP SALES ON GOLD COAST“I think one of the biggest drivers now for the Gold Coast is that the population will continue to grow,” he said.Ray White Broadbeach – Mermaid Waters principal Mitch Palmer attributed the drop in sales to the fact that there were less “opportunistic sellers” listing their properties on the market.“When the market is very strong and in a booming stage … you get those opportunistic sellers,” he said.“Now that it’s returning more to a balanced rate, it’s the lifestyle factors that are influencing (moves).”Those factors included growing families and moving to a different job or school.
Lap up the life of a celebrity with this Worongary mansion at 46/12 Handel Ave.LOOKING to live the Beverly Hills lifestyle of the rich and famous? This grand Worongary house might be as close as you can get to it on the Gold Coast. With a block position perched just like the Hollywood sign and an entry reminiscent of the palm tree-lined streets of the Californian city, you too can lap up a celebrity lifestyle. NSW owners Greg and Beth Symes used the property as their holiday home and said it was the ultimate entertainer’s utopia. “We have family and friends there all the time with the pool, spa and views. It’s great, especially on New Year’s Eve with all the fireworks up and down the Coast,” Mr Symes said. The house has been fully renovated and includes this stylish kitchen. The house has a position perched just like the Hollywood sign. More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago MORE NEWS: Fancy living in a barn? The views can be enjoyed from numerous spots.The property boasts impressive views of the Surfers Paradise skyline, Hinterland and beyond, with the vistas best enjoyed while taking a dip in the pool, relaxing in the spa or sipping a cocktail on the main bedroom’s balcony. MORE NEWS: Tools down on charity house built to help sick babies The main bedroom also enjoys some impressive views.He said they had completely renovated the house and were sad to sell it. “We bought it a few years ago because of the view. It was a bit tired when we got it,” he said. “We painted the outside and did everything up inside and at the time it suited our needs, but now we are working into retirement and are looking for a bit more land.”Mr Symes said he would miss the view the most. “You never get tired of sitting out there with a cup of coffee or glass of wine looking at that view,” he said. It is set to head under the hammer on June 9.The Handel Ave six-bedroom house is in the exclusive gated St Andrews Estate. Its corner hilltop position matches its commanding stature and a sense of grandeur is achieved throughout the interiors. A stylish new kitchen, entertainment terrace and large windows to capture the dramatic views are just some of the highlights. The star property is being marketed by Professionals John Henderson Mermaid Beach agent Rebecca Moffrey and is set to go under the hammer on June 9.
Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, 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 Rate1xFullscreenWhy location is everything in real estate01:59Property investment is a long-term game with new figures revealing the top suburbs in Townsville for long-term property price growth.CoreLogic figures show that homes in Black River had the highest level of property price growth in the past five years with median prices up 26 per cent to $472,500. An aerial view of Townsville.It was followed by Nelly Bay, where the median house price increased 17.1 per cent in five years to $350,000.Houses at Balgal Beach also enjoyed reasonable median house price growth of 9.3 per cent to $350,000. An aerial view of Balgal BeachAccording to realestate.com.au there are only a handful of homes listed for sale in Black River.Sean Lubbe of RE/MAX Excellence Townsville said as more was built to the north of the CBD demand had increased.“Infrastructure projects have been ongoing for a number of years around Burdell, Bushland Beach, Mount Low, Deeragun and Jensen,” he said.“So, it’s no real surprise that suburbs that were once classified as “too far” are now great purchases and are just a short drive to important amenities in the northern suburbs,” he said.Mr Lubbe said the average days on market in Black River was 89 days according to CoreLogic.“It’s very dependent on the homes available to the market and the points of differences they offer,” he said.“The blocks of land and homes (in Black River) differ quite a fair bit from each other in shapes and sizes; the research is suggesting that certified bores make a difference along with accurate pricing which can significantly shorten the expected days on market.”He said the suburb was made up predominately of acreage properties, and sales were mostly to owner occupiers not investors.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020A typical price point for a home in Black River would be in the $400,000s range.CoreLogic figures real 11 homes sold in the suburb in the past 12 months with half of those changing hands for more than $472,500 and half for less than that.Mr Lubbe is marketing a three-bedroom house on acreage at 13 Arabian Place, Black River for $479,000. 13 Arabian Place, Black RiverThe home has cathedral ceilings with exposed wood beams and all of the main living areas and bedrooms have split system air conditioners.The five-acre property has been recently fenced and it has a four-bay shed with automatic roller door and concrete floors. With the new Ring Road, James Cook University, the Army base and the Townsville Hospital are now only a 20-minute drive away.
Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:02Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:02 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, 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 Rate1xFullscreenAustralia’s most expensive houses02:02WHILE questions remain over exactly how the Federal Government’s HomeBuilder scheme will work, Far Northern builders are reporting the announcement alone has caused a frenzy of interest from potential buyers who are turning back the clock with their design requests. Integrity New Homes, a national builder, began operations in Cairns in April with its first three display homes at Cairns North set to be complete in coming months. The firm led by long-term Cairns locals, TJ Singh and Hitender Kumar, is building a single-storey budget home and two double-storey homes they class as mid-tier and top-end luxury, at Smith St, Cairns North. A rendered image of Integrity New Homes’ two double-storey display homes at Smith St, Cairns North.“A lot of people walk into a basic display home and they don’t like the features,” Mr Singh said. “Then they walk into a luxury home and it’s out of their budget, so they can visit these three, find the features they like and work with their budget.” The local franchise started during the height of the COVID-19 lockdowns, but Mr Singh said he was always confident buyers would still be interested in building. “I can remember when Mt Sheridan was a farm,” he said. “Every year more land is developed and it keeps selling so quickly. Springbrook and Bellmere Lane land releases at Redlynch. Integrity New Homes Cairns sales manager TJ Singh said land sales were through the roof in the Far North at the moment.“During April and May, we were getting about two inquiries per day. Since the announcement (of HomeBuilder), it’s been 10-12 each day. There’s definitely a lot of people ready to build.”He said buyers were turning back the clock with the features demanded in properties. More from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days ago“We noticed not many builders were building classic Queenslander homes anymore. “Our two double-storey ones are brick at the bottom and lightweight at the top, so modern Queenslanders.“The locals are asking for big decks, nice views, pools, arts rooms for the kids but they’re not too interested in media rooms anymore. “They are willing to make sacrifices in other rooms in their houses to have these features. “We also have a lot of Indian clients who do want media rooms, study rooms, separate or outdoor kitchens and down ceilings, which can be decorated,” he said. The firm has already signed eight contracts and will begin its first project homes in 2-3 weeks.
Britain and Ireland’s largest trade union Unite has called the UK government to stop stalling on the creation of over 2,000 jobs and unleash an economic boost worth at least £500 million to the Welsh economy, by giving the green light to the Swansea Bay tidal lagoon project.The union, whose members work in construction and manufacturing across the Welsh and wider UK economy, has grown increasingly frustrated over the UK government’s failure to give the go-ahead to the project, Unite said.The venture, which would be the first power project of its kind in the UK, was given planning consent two years ago and has the backing of the Welsh government in addition to cross party support in Westminster.An independent review, led by Charles Hendry, concluded that tidal lagoons can play a ‘cost-effective part in the UK’s energy mix’ and that moving ahead with the Swansea Bay project ‘as soon as reasonably practicable’ is a ‘no regrets policy’.Unite believes the Swansea Bay lagoon project could open the door to similar larger projects around England and Wales and pave the way to the UK becoming a world leader in tidal power electricity generation as part of a wider industrial strategy.Len McCluskey, Unite General Secretary, said: “Theresa May and her government needs to stop the dithering and end the continued uncertainty over the Swansea Bay tidal lagoon. This is a landmark project which would unleash an economic boost worth millions into the Welsh economy and create thousands of much needed decent jobs.“Not only would it be great news for Wales, but it would also see the birth of an industry that would have transformative impact across the whole of the UK.“It’s a no-brainer, if Theresa May is indeed in ‘listening mode’ then she needs to heed the chorus of support from industry, unions and politicians from all parties by giving a resounding ‘yes’ to Swansea.”Unite has around 1.4 million members working across all sectors of the economy.
German shipping major Hapag-Lloyd expects to increase its presence in the Turkish market after it finalizes the integration of the Dubai-based United Arab Shipping Company (UASC).Hapag-Lloyd Turkey, which has grown from being a minor player to the third biggest carrier in the Turkish market within a few years, expects to more than double the size of its Turkish operations from about 230,000 TEU yearly to almost 500,000 TEU.This development recently peaked with the first ever call of a 13,200 TEU Hamburg Express-class vessel, the Leverkusen Express at the Istanbul Kumport terminal.With more than 5,500 moves at Kumport terminal, the vessel, which operates in the new THE Alliance MD3 service, has set the record for the highest move-count to date at the terminal, according to Hapag-Lloyd.“The arrival of the Leverkusen Express is an important milestone for Area Turkey. The new THE Alliance service MD3 service provides us with many opportunities, since it connects Piraeus, Istanbul, Aliağa and Mersin directly with Asia. Istanbul is the main port in the Turkish rotation, especially discharging Far East Westbound cargo,” Danny Smolders, Area Manager, said.“With the capacity of the Hamburg Express class vessels and our considerable growth we’re clearly up for some nice challenges here in Turkey, however, we’re ready and look forward to taking them on,” Smolders added.
Dubai Harbour will have a second cruise terminal in addition to the one already revealed in January 2017, Dubai-based holding company Meraas informed.“Dubai Harbour will be the first cruise destination to build two terminals simultaneously which when completed will accommodate 1,200,000 passengers annually,” the company said.Each terminal will be approximately 14,000 square metres in size with one single apron of 900-metres.The addition of a second terminal is intended to build on Dubai’s reputation as a leading tourism destination, while capitalising on strong growth in the cruise industry globally, the company said. Industry data suggest that over 40 million people will travel by cruise annually by 2030, up 40 percent from 24 million in 2017.“By creating a world-class destination that appeals to people around the globe, Dubai Harbour represents an opportunity to achieve economies of scale and drive growth in the maritime tourism sector. It will also help maintain Dubai’s status among the world’s top tourism destinations for generations to come,” Abdulla Al Habbai, Group Chairman at Meraas, said.Image Courtesy: Meraas
A new project focused on investigating the forces acting on blades and structures of tidal energy converters and their impact on reliability will be officially launched at the International Conference on Ocean Energy (ICOE).Project MONITOR aims to reduce the risk of failure of tidal energy technologies, and enhance their reliability, resulting in increased investment in the marine energy industry by both the public and private sectors.The MONITOR consortium will kick start the project on June 13, 2018, through ICOE 2018 conference as part of the developer forum whose goal is to introduce tidal energy developers and other interested stakeholders to the project.Also, the consortium hopes to receive feedback on specific concerns and priorities around reliability in the tidal energy industry to help shape the project methodologies.By engaging with the industry from the beginning of the project, MONITOR will ensure that its work is relevant and responsive to real, practicable reliability concerns, according to the project team.The MONITOR project is led by Swansea University, and brings together the European Marine Energy Centre (EMEC), the Offshore Renewable Energy Catapult, Magallanes Renovables, Région Normandie, Sabella, Universidade do Algarve, Université Le Havre Normandie and University College Cork.The project will run until 2021 and the findings will be disseminated at a variety of workshops to developers and the wider industry.Michael Togneri, from Swansea University, said: “Europe’s Atlantic coast is one of the most promising regions of the world for the growth of tidal stream energy. However, while the industry is rapidly gaining experience in the deployment of individual turbines and pilot farms, scarcity of available data on device reliability limits investor confidence and makes attracting investment more expensive.“As part of the MONITOR project a wide range of methods will be investigated including simulations, laboratory test, and testing at sea, with the aim to develop a monitoring system that can be applied to any tidal turbine. This will ultimately de-risk development, improve reliability and lower energy costs.“To ensure the project reaches its potential we’re keen to work closely with the industry.”MONITOR has been funded through the European Regional Development Fund (ERDF), as part of the Interreg Atlantic Area program.
Kairos at Pengerang regasification terminal (Image courtesy of Petronas)Malaysian energy giant Petronas said on Thursday it has completed its first liquefied natural gas (LNG) supply operation at its Pengerang regasification terminal in Johor.Petronas LNG, a unit of Petronas, supplied the cargo to Babcock Schulte’s 7,500 cubic meter LNG bunkering vessel Kairos.This follows the agreement between Petronas LNG and Uranos Vermögensverwaltungs, a joint venture company of Bernhard Schulte and Babcock International.The LNG reload operation into the world’s largest LNG bunker vessel, Kairos took place at the Pengerang terminal jetty. Kairos departed from Hyundai Mipo Dockyard, Ulsan, South Korea, and received the LNG suppy enroute to Europe.“We believe that small-scale LNG opportunities will increase from the utilisation of alternative cleaner fuel such as LNG. The new regulation of 0.5% global sulphur cap to be imposed by the International Maritime Organisation (IMO) in January 2020, will make LNG the alternative fuel of choice for the shipping industry,” Petronas LNG Chief Executive Officer Ezhar Yazid Jaafar said.The reload operation is a result of close collaboration among all Petronas units including Petronas Gas Berhad, Pengerang LNG (Two) and other key stakeholders such as the Marine Department of Malaysia, Johor Port Authority and Johor Port Berhad.