Maryborough, one of the first townships established in Queensland, is set to undergo a transformation with Maryborough Sugar Factory unveiling plans for a $500 million hotel, marina, resort and residential development on the banks of the Mary River.
A two storey retail building situated in a tightly held retail precinct of Glenelg, Adelaide, has been snapped up by a local investor at an auction conducted by Terry Goodwin and Lou Rentis from Brock Commercial.
Villawood Properties has spoken out against the Reserve Bank of Australia’s likely interest rate rise next week, claiming that such a move could drive Australia into an economic downturn.
Sanctuary Cove celebrated its 21st year with a range of announcements that will kick start the final phase of its development.
A 10 storey office building and car sales premises located at 209 Kingsway in South Melbourne has been sold to a subsidiary of German funds manager SachsenFonds GmbH, SachsenFonds Australian Property Investment VI GmbH.
The proportion of family income required to meet average home loan
repayments rose to 37.4% in the December quarter 2007, the highest
level reached during the last 22 years.
A new report by the REIA shows that four out of the eight capital cities experienced a house median above $450,000 in the December quarter of 2007.
Pelorus Property Group Limited has initiated a bid to takeover management of Centro MCS 16, one of several unlisted Property Syndicates currently managed by Centro Properties Group Limited.