Former Olympian Grant Hackett has listed his luxury beachfront pad on “Millionaires’ Row” on the Gold Coast in the hopes of upsizing in Melbourne.
The three-bedroom villa at 1/100 Hedges Avenue, Mermaid Beach is located on the most prestigious beachfront strip in Queensland, mere steps away from beaches and cafes.
Hackett grew up in the adjacent suburb of Mermaid Waters. He said the opportunity to buy the home six years ago was too good to resist.
“I decided to move back to the Gold Coast in 2014. Who doesn’t want to move to the Gold Coast and live on the beach?” Mr Hackett told Domain.
“It’s a perfect spot. Steps away from the beach and I absolutely fell in love with it straight away.”
In the last four years, the gold medallist known as one of Australia’s best long-distance swimmers has relocated to Melbourne with his family.
They have used the Gold Coast property as a holiday home since then and have decided it is time to sell.
“There’s no news yet but our family is growing down here in Melbourne,” Mr Hackett said. “We want to get a bigger property down here in Melbourne.
“When we do go up [to the Gold Coast] we are spending all our time with our family. It doesn’t make sense to hold such a beautiful property any longer.
“From our perspective, we’re sad to see it go but I’m sure someone else will get some pleasure out of it.”
The home, which has a total space of 331 square metres, spans four levels and has a double lock-up garage in the basement plus visitor parking.
The property has open-plan living and dining rooms that showcase the beach views.
It also has a private internal lift to take residents up to the fourth-floor rooftop terrace with panoramic views of the Coolangatta coastline back to the mountains.
Selling agent Troy Dowker of Kollosche said he anticipated the luxury modern villa would be in high demand.
“A luxury style villa is few and far between,” he said. “You get rockstar views from the rooftop terrace. It is a pretty amazing space.”
The property last sold for $1.5 million in 2014, records show.
It is scheduled to go to auction on May 30 at 9am.
Article Source: www.domain.com.au
Residents in one of Australia’s fastest-growing cities are forced to sleep in cars as rental crisis bites
The rental situation in one of Australia’s fastest growing cities is so dire that desperate renters are having to sleep in their cars and in caravan parks.
Rental vacancy rates have plummeted below one per cent in most parts of the Gold Coast – down to below half a per cent in many suburbs – including Burleigh, Arundel, Coolangatta, Coomera and Varsity Lakes.
The rental squeeze is being driven by a range of factors, including Covid refugees coming from Melbourne and Sydney and also returning home from overseas.
The Gold Coast has long had steep population growth but if anything it appears to have increased in recent years and the city’s housing is evidently not coping.
Leading demographer Mark McCrindle said recently population projections keep changing and the city reach a population of one million by 2034 – 16 years earlier than previously expected.
The imbalance between available properties and people who want them is so severe that it is creating an accommodation crisis leading to a homelessness problem in the city many Australians falsely romanticise as a dream place to reboot their lives.
Vicky Rose, manager of the Nerang Neighbourhood Centre, told Daily Mail Australia that 80 per cent of her enquiries are about ‘accommodation stress’, with increased homelessness inevitable.
‘We are saying ‘don’t come here’, unless you have a job and plenty of money behind you,’ she said said.
‘People dream of the sun, surf and sand and yes it’s a great holiday destination, but it’s not a great place to live unless you can afford it.
‘The coast of living is up there with Sydney and Melbourne and people mistakenly assume its going to be cheaper.’
She said shonky landlords are making the situation worse by trying to cash in on the red hot market.
‘There’s a marked marked increase in long terms tenants – average joes – seeing their tenancy ended abruptly because they can’t increase the rent as much as they want.
‘So the owner kicks the tenants out saying they want to renovate, they paint one door and put it back on the market for an extra hundred dollar a week.’
Two property managers Daily Mail Australia spoke to both said the rental market was busier than they’d ever seen it, with applications for properties flooding inboxes.
Misty Kelly, of agency The Blue Door had received 50 enquiries and seven applications within two days of listing a four bedroom house with a pool at Upper Coomera, 26km from Main Beach.
‘There’s a huge demand, not enough properties and that creates a lot of pressure,’ she said.
‘People are sounding desperate.’
‘I’ve been an agent for 15 years and this is nothing like I’ve ever seen before.’
Ms Kelly said because there is more demand than supply, she advises young people not to move out of home because ‘prices are inflated’.
‘They need to let those people really in need get a property and not go homeless.’
Aside from people moving from interstates, she’s also seen people coming home from overseas move into their investment properties.
Carmen Kennedy, of Coomera Realty told the Gold Coast Bulletin people are ‘desperate’.
‘They were just so desperate, staying in cars and sleeping at caravan parks. It’s been pretty tough couple of months for people out there,’ she said.
Both Tallebudgera Creek Tourist Park and Ashmore Palms Holiday Village confirmed to the Daily Mail they had seen increases in people booking in because they couldn’t find a home to rent.
‘I’ve never seen it like this before,’ Carly Stanaway of JW Prestige, told Daily Mail Australia.
‘A lot of people are struggling, they are all applying for same property at once,’ she said.
‘They keep putting in applications getting knocked back, even though they have good applications, it’s just because so many people are applying.’
She was holding two open houses within two days of listing a modest brick semi at 30 Bullimah Avenue, Burleigh Heads, where the rent looks Sydney-like at $750 a week.
The suburb’s vacancy rate is just 0.4.
Article Source: www.dailymail.co.uk
Controversial Burleigh Theatre Tower Wins Support
The Gold Coast City Council’s planning committee has voted four-three in favour of new plans for an apartment tower above the old Burleigh theatre and arcade.
Sydney-based developer Weiya Holdings amended the plans after receiving 86 submissions and a petition objecting to the development at 64 Goodin Terrace and 1823 Gold Coast Highway, Burleigh Heads.
The new plan, designed by Conrad Gargett, reduced the number of apartments by six to 30 with adjustable screens on the western façade as well as four commercial tenancies, a gym and podium-top pool.
The 14-storey tower will be called the De-Luxe Apartments after the mid-century De Luxe Theatre and Old Burleigh Arcade, which were incorporated into the design.
Council officers said the adaptive reuse included several improvements to the heritage building but finishes and colours used on the theatre would have to be investigated.
“The proposed design retains the majority of the significant fabric at the front of the site,” the officers said.
However they suggested a few minor amendments to the plans including changes to the proposed shopfronts of the beachfront theatre.
Weiya purchased the 1667sq m site for $18.5 million midway through 2019 and lodged plans to develop the site a year later.
The majority of concerns about the application surrounded the heritage building and its lack of reference in the new design, however this was an intentional decision by the developer which was supported by the council.
The proposal is due to go before a full meeting of the council next week.
Meanwhile, the council is currently planning improvements to public space in Burleigh including adding trees, seating, a large mural and festoon lighting along James Street as well as moving pedestrian crossings.
Article Source: www.theurbandeveloper.com
Dreamworld to build $75 million resort under new agreement
Dreamworld could soon have a $75 million resort and tourist park across the road in Coomera.
The company entered a non-binding agreement on Wednesday with accommodation developer Evolution Group to fund and build the resort on the land owned by the theme park’s parent company Ardent Leisure.
The hotel would include 240 four-star rooms, 40 bungalows and a five-star tourist park with 100 powered sites and restaurants, conference facilities, pools and a gymnasium.
Dreamworld Resort guests would also have offers to access the Dreamworld and WhiteWater World theme parks throughout their stay.
Dreamworld chief executive officer Greg Yong said the arrangement would boost tourism.
“This announcement is another positive step in the recovery of our parks post-COVID and will have a significant economic impact not only for Dreamworld, but also for the northern Gold Coast, one of Australia’s fastest-growing regional corridors,” he said.
“The project will create employment within the local community and contribute to the regeneration of tourism on the Gold Coast.
“The hotel and tourist park will complement Dreamworld as a premium entertainment destination and add a new level of convenience for guests who will have our theme park and water park on their accommodation’s doorstep.”
Queensland theme parks were forced to close in March last year because of the coronavirus pandemic and Dreamworld and WhiteWater World reopened in August, offering discounted tickets in an attempt to attract people in for the September school holidays.
Evolution Group boss John Robinson jnr said he looked forward to collaboratively delivering high-quality accommodation options for guests.
“The Evolution Group team is a family company providing over 2200 rooms around Australia through our resorts and accommodation houses,” he said.
“Having Australia’s favourite theme park on the doorstep of this development will certainly provide guests with action-packed getaways.”
Dreamworld and Evolution Group would work together to obtain planning approvals, while Ardent Leisure would explore options to maximise the value of its surplus land.
Article Source: www.brisbanetimes.com.au
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