THE STAR RESIDENCES – BROADBEACH
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THE STAR RESIDENCES – BROADBEACH

THE STAR RESIDENCES – BROADBEACH

Rising above the shimmering Gold Coast skyline, The Star Residences presents buyers with the first-ever opportunity to live in the heart of The Star Gold Coast’s world-class integrated resort. Surrounded by endless stretches of golden beaches, crystal clear waters and picturesque sunrises. The Star Residences is located on Broadbeach Island, Broadbeach and will form part of The Star Gold Coast’s world-class integrated resort. The precinct transformation plans to deliver a whole new level of sophistication, service and style to the island masterplan including a luxury poolside experience and a host of restaurants and bars. Adjacent to the Gold Coast Convention and Exhibition Centre and Pacific Fair Shopping Centre, and only a short stroll to Kurrawa Beach, The Star Residences is perfectly positioned to offer the ideal blend of beach and inner-city lifestyle opportunities. Broadbeach Island also provides direct connectivity to the wider Gold Coast via access to the G:link light rail and bus stops, and main arterial route the Gold Coast Highway. Residences will be fitted out with the highest quality finishes and fixtures including engineered timber floor boards in the living and kitchen areas, plush carpet to the bedrooms and European appliances in the kitchen. Purchasers will have the flexibility to customise their residences with the choice of two colour schemes – a light scheme inspired by the golden tones of Gold Coast’s beaches and skies to create a sense of warmth and comfort; and a dark scheme that draws from the cooler hinterland for a sophisticated and contemporary style. Stone benchtop finishes contribute to the larger design vision with the architecture anchored in the smaller detailed finishes. Island benchtop and u-shaped kitchens have been incorporated into all apartments for an integrated cooking and dining experience, complete with natural gas cook tops for optimal heat control. $POA     2-4        2.5         1-2 
Mamun Chy
December 9, 2018
Walloon Land Development

Walloon Development Site

  Highly negotiable vendor willing to sell subject top approval provided non refundable option fee paid.  100 lots anticipated - Based on 500 M2 Adjoining site 400 m2 lot ratio. Subject to approval 40,000 Sqm Estimate only This is once in a life time opportunity to get your hands on this single 3 bedroom dwelling docked on a massive 6.24Ha block of land, situated on a prime location offering: - 5 minutes to key community facilities such as schools and railway station - 5 minutes to local supermarkets - 10 minutes to neighboring Rosewood Town Centre - Approximately 53.6km from Brisbane CBD (45 minutes by car) - Development Approval on immediate neighboring lots This block of land also offers excellent development opportunities for any developer who wishes to capitalize on the area. According to the Walloon Thagoona Planning Study & Statement of Proposals (2004) the Walloon Thagoona area is; - Recognized in SEQ as a vibrant attractive place to live, enjoying the benefits of a self-contained community with a clear sense of identity, character, community spirit and an enviable lifestyle - Provides good urban design outcomes - Incorporate sustainable network of centres, residential areas, greenspace areas, employment areas & transport links - Greenspace forms an integrated, multi-use movement and activity system incorporating trails, open space areas and recreational opportunities linking residential areas, centres, community facilities and places of employment.
Rocco Pennisi
October 15, 2018
Horaay Springfield Rise

Builders Display Springfield Rise

Builders Display Springfield Rise 3 Year Guaranteed Leaseback 6% Return $51,600 Per Year ($154,800 Over 3 Years!) $992 Per Week Fully Furnished We Maintain the Home & Gardens Designed with spacious living and entertaining in mind the City View is the perfect home for those who love to entertain. The centrepiece of this stunning home is the large living and dining areas, featuring an impressive walk around fire place. Opening onto a generous alfresco area, this home is designed for indoor outdoor living. Upstairs the large master suite features a generous walk in robe with resort style ensuite. There is plenty of room for the family with four bedrooms upstairs and guests are well catered for with a generous fifth bedroom downstairs. The upstairs living area, with impressive bar area, provides a separate space for entertaining and relaxation.   Property Type Display Status Available Contract Type 1 Part Contract Title Type Torrens / Freehold Titled Yes Indicative Package No Rent Yield 6.00% Market Rent $992 Vacancy Rate 1.9% Mar 17 Land or External Area 448 sqm House Area 352 sqm House Price $860,000 Design City View Stage 1 Study Yes Facade Modern Construct Start 07/02/2018 Construct End 01/01/1970 Special Features Rumpus Room Study Updated Days 154
Rocco Pennisi
October 15, 2018
Builders Displays 6% Return

3 Year Guaranteed Leaseback 6% Return

3 Year Guaranteed Leaseback 6% Return Fully Furnished Builder Maintains Home & Gardens Four only display properties remain from $645,000 to $960,000 3 locations to choose from in SEQ Fully Furnished
Rocco Pennisi
October 12, 2018
WANDOAN CENTRAL MOTEL

WANDOAN CENTRAL HOTEL

Strategic Investment Prime real estate investment in one of Australia’s emerging property hot spots. Wandoan is at the very heart of the biggest energy boom in Australia’s history. With over $10 billion in gas projects completed and operational, and a further $20 billion in gas, coal and Solar projects now approved and commencing 2018 - the biggest energy focus is now on the town of Wandoan in Queensland.   This Investment is a quality motel complex built in 2013 and in the very heart of the action. Centre of town and the preferred location of mining executives – home away from home.   The investment includes:   28 rooms 6 staff rooms Manager’s Unit 55 seat licenced    restaurant    Offering   The Wandoan Central Motel is located in the heart of South East Queensland’s “Energy Hub.” This area is a multi-billion-dollar resource for CSG gas, Natural gas, low-sulphur thermal coal (“clean coal”) and now a massive 1,000 Megawatt solar farm. Billions of dollars in CSG gas projects have been built and now supply the massive QGC, Origin Energy & ConocoPhillips CSG/LNG plants in Gladstone, and $billions more are approved and underway.   Wandoan is a genuine energy resource boom town.  The companies active in Wandoan include:   Shell/British Gas/QGC – Gas (biggest gas producer in Australia - Wandoan) Origin Energy – Gas (largest domestic gas supplier in Australia) Santos – Gas (largest gas holdings in Australia – Now moving north to Wandoan) Glencore – Coal (largest approved mining lease in Australia – in the heart of Wandoan) New Hope – Coal (massive coal tenements surrounding Wandoan) Equis Energy – Solar (commencing Australia’s largest Solar Farm on 5000 acres in Wandoan)   Buyco Pty Ltd built and has owned and operated Wandoan Central Motel since 2013. Wandoan Central Motel commands the best location in the very centre of Wandoan township. Wandoan Central has enjoyed 95% occupancy since it was opened.   The owners of Wandoan Central Motel have decided to sell the freehold assets and lock down with a long-term leaseback of the business. This offer is for a savvy investor to secure a key and well-located property with a solid income return, security and increasing asset value.   Price:                $4,880,000 Net Return:    $390,000 per year (8% net return) CPI annual increases Lease:               3 x 3 x 3 years (commence on settlement)     The Location Wandoan is 400 km north west of Brisbane Queensland. By road it is a 4.5 hour drive taking the Warrego Highway west and then north on the Leichhardt Highway. There is an airport 25 km north of Wandoan and another 65 km south of Wandoan at the town of Miles. The town is 350m above sea level, flood free, and has a local community of 500 people and a regional farming community of 2,000 people.   Wandoan is at the very heart of the gas pipe interchange and pumping plants for 85% of the CSG gas sourced from the Surat Basin and pumped to the CSG/LNG conversions plants at the Port of Gladstone. Wandoan is also home to the largest clean coal reserve in Australia owned by Glencore This low-sulphur rich coal resource is part of the “Clean Coal,” energy push by governments worldwide. Wandoan has been a focus point for the last decade and is now emerging as a key operational centre for some of the world’s largest energy resource companies. In August 2017, Equis Energy (Asia-Pacific’s largest renewable energy company) was granted approval for the Wandoan South Solar Project – a 1,000 Megawatt Solar Farm with 3 million solar panels over 5,000 acres. Construction commences in 2018 with power coming on line in 2019. Each of the gas, coal and solar projects now underway provide Wandoan with a long-term future in construction and operational phases of over $200 billion in known and approved energy resources.   The recent Glencore coal mine approval activates the 220Km rail project between Wandoan and Banana, therein completing the missing rail link that will support Wandoan coal to port for many decades to come.   Who are the Customers? Since this Motel was opened in 2013 the customer profile has been as follows:   Mining executives and corporate managers 50% Independent consultants and engineers 20% Local government representatives and councillors 10% General passing by 10% State government administrators and managers    5% Functions    5%   NOTE: The occupancy levels have remained at 90% to 100% since opening. It is usual that those fitting into the category of “general passing by,” are most often unable to get a room. Building & Property Components WANDOAN CENTRAL MOTEL 53-55 Royd Street Wandoan Qld 4419 Lot 2 on SP 258142, Parish Wandoan, County Fortescue Land: 3036m2, Commercial Zone, 40m frontage 100m depth   This motel complex comprises of: 8 x 1 bedroom apartments (self-contained); 20 x 1 bed motel rooms (self-contained); 6 x 1 bed staff quarters; 1 x Manager’s apartment; 80 seat restaurant (60 indoor and 20 outdoor configuration); Fully equipped commercial kitchen and sub kitchen and bar; 1 Laundry (5 commercial Washing/Drying machines); Large Dry Store, food store, chemical store; Large general store and a garden store; 30 Car spaces, Service dock; Covered BBQ area; Crossover switch and line cable for backup generator; Security cameras, Wifi booster, network hubs, VIN card.   Liquor License:  164633 and Food License:   EH 134-2013 Lease Back Agreement The property is leased by Comarco Pty Ltd. Comarco is a significant player in the accommodation industry in SE Qld through its ownership of Central Queensland Enterprises Pty Ltd and Central Queensland Management Pty Ltd. Comarco Pty Ltd has leased the property since the completion of the building in 2013. This lease will renew upon settlement on a 3x3x3 year basis.   The Lease features the following terms;   Lessor: The Purchaser Lessee: Comarco Pty Ltd Lease Term: 3 years, Options: two 3 year options Commencement Date: On settlement (new lease) Commencement Rent: $390,000 per annum plus GST (paid monthly in arrears) Rental Increases: CPI annually. Market review: at the commencement of each option term. (but rent not less than CPI increase over previous term) Outgoings: Lessee pays council rates, insurance, general maintenance, utility charges. Bond: 3 months’ rent                                                  (not Land Tax) Lease Guarantee: Director’s guarantee     Ownership Costs (paid by tenant)   Rates:                                   $17,020 (full year) Water Charges:                 Motel - $5,275 (full year) Insurance:                           $5,301.06 (complete complex) inc Public Liability $20mill Maintenance:                    $10,000.00 per year (budget, inc replacements) Compliance:                       $1,200.00 (Liquor License, ASIC, etc.)   Liquor License:                  Queensland - # 164633 Health Department:       Approved WDRC – food service operation – EH 164 633 Registered Name:            Wandoan Central Motel Phone on site:                   (07) 4627 5222 (motel) Web Domain:                     WandoanCentral.com     Management   The current owners (and proposed lessees) are highly experienced in Hotel and Motel management and large mining camp management. The owner employs the following staff in its business:   Operations Manager (full time – and Licensee); Accounts Reception (full time); Chef (full time) - Kitchen Staff (1 full time and 2 part time) Restaurant Staff (1 full time and 1 part time) Manager Housekeeping (full time) - Housekeepers (1 part time) Groundsman (part time) Casuals (2 when required)   General Operation   Rooms are serviced at least once a week but generally twice a week on changeovers. Breakfast is served between 4.30am to 7.30am daily. Lunch is a comprehensive crib buffet set up and available during the breakfast sitting that provides for pre-packaging lunches. Dinner is served from 5.00pm to 8.30pm nightly. There is both a buffet service and an al-a-carte menu for dinner. The buffet is “all you can eat.” The restaurant is fully licenced and there are 8 beer choices and 10 wine choices. BBQ packs and special meal event nights are offered. Free WiFi is available throughout the complex. VAST (76 TV channels) is available in all rooms. Foxtel is available in all rooms. The most significant clients have 30 day trading accounts from EOM. All alcohol is cash only. Other smaller company/individual business is credit card on check in. Restaurant stores hold 60-90 day advance stock in dry stores and 2 day advance in perishables and 3-15 day advance in meat & dairy, and daily milk and bread deliveries. The motel has 50m3 in commercial freezer/fridge storage, not including drink fridges or ice fridges. Staff rosters are generally 2 weeks on and 1 week off for FiFo and 5/6 day weeks for locals. There are 5 separate staff accommodation rooms and a Manager’s unit on site. The motel has a fully equipped patrons’ laundry, and uses Knights Laundry Service in Toowoomba who collect and deliver linen every second day. Comarco uses Hiram Motel Management system software for all bookings, management and billing, and has its own integrated direct booking feature for rooms on its own webpage. There are also POS registers for bar sales. The Motel has been operating in its current form and capacity for 4 years. Processes and COG’s are actively regulated and monitored with ITP’s and active reporting. Several key staff have been with Comarco for more than 10 years. Room Rates have been regularly adjusted to market. The room rates have ranged from $50 to $180 per night. Meals packages are $50/day. Where there have been periods of longer term contract commitment, the rates have been locked in at the lower rates, sometimes on long term “take or pay” basis. The operation of Wandoan Central Motel has generally been tailored to suit the needs of the major mining companies. Hours of operation, meals, standards, policies, room changes, amenities, security, and OH&S compliance, have all been determined by the needs of the customer. The owners have been very responsive and proactive to ensure Wandoan Central Motel has remained commercially aligned to the operations and projects of the major mining companies. The owner’s, and Wandoan Central Motel’s reputation in this space is impeccable.   Building Depreciation  Reports prepared by Grey Robinson and Cottrell Quantity Surveyors Brisbane Qld - 2013                                                
Rocco Pennisi
October 9, 2018
Development Site for sale Parkwood Queensland

Gold Coast Land Development

Not yet approved 65,537 sqm of land in Parkwood, with opportunity for residential development, with opportunity for retirement village or residential. Includes multiple residential dwellings. 4 Uplands Drive, Parkwood  21700 sqm 6 Uplands Drive, Parkwood 21,200 sqm 8 Uplands Drive, Parklands  14,000 sqm 192 Napper Road, Parkwood 8,637 sqm Total Site area                     65,537 sqm = 16.38 Non refundable Option payment available for developer to obtain approval. Adjoins approved 130 bed aged care site. Council has endorsed a recommendation to undertake a study into future development outcomes / zoning for the area. The initial stages of the study will primarily involve community consultation. Council view the area as a potential growth location. The project is about to enter the ‘Engagement Phase’ whereby Council will undertake meetings with property owners to obtain feedback. This phase is expected to be completed and reported back to Full Council by mid-2019. Specifically, Council are having property owner meetings between 2-31 October 2018 with the formal public advertising period occurring between 12 November and 10 December. The final recommendation will then be presented to Full Council in May 2019. The distance from Parkwood to Gold Coast Airport is 27.1 km in a straight line
Rocco Pennisi
October 5, 2018

HAIG ROAD LOGANLEA BUILDING LOTS

15 lot estate - Haig Road in Loganlea Amazing location, close to anything and everything. Loganlea benefits from its proximity to major employment areas, transport hubs and the popular tourist attractions of the region. Its central position between Brisbane and the Gold Coast makes it a highly desirable investment location. Loganlea is approximately 5 square kilometres in size with 7 parks covering nearly 2% of the total area. Location: 40 mins to Surfers Paradise 30 mins to Brisbane CBD Education: Loganlea State High School – 5mins TAFE Queensland – 5mins Griffith University – 5min Transport Loganlea Train Station – 5 min Logan motorway – 5 min M1 Highway – 10 min 250 metres to Bus stop Medical: Logan Hospital - 3 mins Shopping: All within 5 mins drive Woolworths Meadowbrook Shopping Village IGA Specialty shops Lot Number Price Size SQM 2 $225,000.00 370 3 $225,000.00 371 5 $215,000.00 375 9 $233,000.00 345 10 $215,000.00 353 12 $220,000.00 353 13 $285,000.00 701 15 $265,000.00 701
Rocco Pennisi
June 30, 2018

Loganlea Building Lots

This is one of the fastest growing areas in SEQ, located 20 minutes south of Brisbane and 30 minutes north of the Gold Coast. Loganlea benefits from its proximity to major employment areas, transport hubs and the popular tourist attractions of the region. Its central position between Brisbane and the Gold Coast makes it a highly desirable investment location. It is a great time to invest in Logan with new industries joining a strong economic base driven by manufacturing, property development and construction, retail and wholesale trade which are the top three contributors to a Gross Regional Product of $9.617 billion. Loganlea is in close proximity to: • Major shopping centres including the Logan Hyperdome • Major transport corridors including the M1 and Logan Motorway • Public transport services including train stations • Schools, Hospital and University   Lot Number Price Size SQM 1 $295,000.00 702 2 $295,000.00 700 3 $222,000.00 349 4 $222,000.00 349 5 $295,000.00 700 6 $222,000.00 349 7 $218,000.00 353 22 $229,000.00 350
Rocco Pennisi
June 30, 2018

Parkwood Aged Care 130 Beds

APPROVED – AGED CARE FACILITY ASK FOR DATA ROOM FILE Sellers have indicated they would like a  leaseback of 30% of the rooms for the Jewish community. The Parkwood aged care project has been designed to create a more comfortable and relaxing atmosphere for aged care residents. With an emphasis on landscape spaces and outlook we have created a more desirable arrangement of spaces in which to reside. The Development has now been Approved for a 130 bed aged care facility by Gold Coast City council.The design of this project also addresses the greater context in which it sits by retaining existing landscaping and introducing new extensive landscaping to all sides of the site and throughout the site also. By reducing the project to 3 distinct building masses a more residential scale is created rather than one monolithic building.These individual building forms step to follow the site contours which reduces building bulk and also introduces large landscaped courtyards between buildings. Upper floors are stepped back to further reduce build bulk and promote smaller 2 storey buildings to the street scape.Public and entry areas of the building are designed to be used by staff, residents and visitors alike to create a village like atmosphere of activity. Clear linear access routes throughout the buildings and site enhance legibility and keep all spaces easy to access and navigateMaterials have been chosen to create a contemporary building that is a worthwhile addition to the built context of Parkwood but also creates personal and tactile finishes and a variety of spaces through careful material compositions.The site is central to, and on the boundaries of, the residential populations of Parkwood and Arundel. West of Southport and Labrador these communities are well accessed by the Pacific Motorway to the west and the Helensvale train station and bus services to the north, including the new light rail at the end of Napper Road.Positioned on Napper Road just 4 kms (approx. 7minutes) from the hub of the Gold Coast University Hospital. Central to these communities makes for conveniece and facilitates in the ease of community interaction with surrounding services and activities that make up a community.  
Rocco Pennisi
June 18, 2018

Riverfront Development Site

Exclusive Agents Both sites now available together. So close to everything. Unbeatable position offering sensational natural views to where the Coomera River meets the Broadwater. Views never to be lost. Unique and secluded. Features include : RD 3 Zoning Can accommodate a large vessel Land area over 1788m2 180 degree aspect Massive 85m* river frontage. Uniquely positioned giving a wonderful feeling of your own private island. medium density zoning Unrestricted natural wide water view Positioned within the 6 knot zone Protected northerly aspect New waterfront retaining wall 2 Substantial existing homes Separate 2 bedroom apartment 2 Pools 2 Pontoons 2 boat ramps Bridge free boat access Surrounded by endless walking trails and metres to restaurants   *= Approx Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Our Agents and employees cannot be held responsible for any inaccurate details supplied here.    
Rocco Pennisi
June 18, 2018