Gold Coast apartments in boutique building fetch premium prices

first_imgThe apartments in the Crest on Pacific building at 96 Pacific Pde, Bilinga, sold quickly and for premium prices.A ‘THIRST’ for large apartments in boutique buildings has lead to several on Bilinga’s beachfront fetching eye-watering prices.Three in the new Crest on Pacific building at 96 Pacific Parade have sold for more than $1.7 million each. The prices earned them positions in CoreLogic’s top-10 list of highest sales last week.The penthouse was snapped up for the highest price at $2.25 million.The apartments on the next two levels from the top sold for $1.9 million and $1.75 million respectively. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:50 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 Rate1xFullscreenTop tips for sellers in Spring00:50 Ocean views are among the apartments’ highlights.DJ Stringer Property Services principal David Stringer, who marketed the apartments, said the deals were penned more than a year ago but the ink had only recently dried following the building’s completion.He said most of them had sold off-the-plan before work on the development had started.“There are only six units in there, five out of the six have sold and settled,” he said.“It’s a boutique building in a beachfront position. They were all sold before ground broke.”More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoMr Stringer said they attracted a mixture of local and interstate buyers, most of which were Baby Boomers looking for a place to relax and unwind ahead of retirement. MORE NEWS: Island that’s a magnet for A-listers Inside the last remaining apartment in the Crest on Pacific building. While position was always important, he said it was the size of the apartments that got the sales over the line. “It’s the fact that they are the size of a house more or less, it’s what people want.”Latest CoreLogic data shows the median price for a unit in Bilinga is $678,000, and $680,000 for a house.The average number of years residents held on to their properties was nine and 11.5 respectively.Mr Stringer said modern apartments were hard to come by in the area so when new ones hit the market, they were often snapped up quickly. MORE NEWS: The beach house with a twist jessica.brown@news.com.au Those along the “Golden Mile” — which is considered the beachfront esplanade of Bilinga and North Kirra — were rarer.“There’s a real thirst for boutique apartments along the Golden Mile,” Mr Stringer said. “Anything on the coastal strip is in strong demand. It doesn’t slow down either.”He said demand was only going to increase with spring selling season, traditionally the busiest time of year for the Gold Coast property market, fast approaching.“We need more product, the demand is overwhelming at the moment,” Mr Stringer said. Crest on Pacific is one of three projects built in the area by a local family-run development company.Mr Stringer said the other two projects, Seychelles on Pacific at 102 Pacific Pde and Bluewater on Pacific at 174 Pacific Pde, had also sold quickly.“It just goes to show the demand for those,” he said. The developer behind Crest on Pacific also built the Bluewater on Pacific building at 174 Pacific Pde, Bilinga.last_img read more

Man on rape charge denied passport for family wedding

first_imgAn Inishowen man, charged with rape and sexual assault, has been denied access to his passport to travel for a family wedding later this year.The man appeared before Buncrana District Court to apply to the court for the return of his passport, which he earlier surrendered due to strict bail conditions imposed. The man, who cannot be named due to a publication order imposed by the court, is charged with raping and sexually assaulting a woman at an address in Inishowen on a date in February 2017.He appeared before Buncrana District Court and applied to have his passport returned to him to allow to attend two weddings in Poland in the summer.His solicitor Frank Dorrian said he understands that the charges against his client are ‘very serious and significant’ and he knows the stakes in the case are very high in terms of the bail conditions.But he said the man has lived in Inishowen for the past 13 years and has strong ties to the community.He said he appeared before court on every occasion and fully co-operated with the Gardaí and would like to be able to travel to Poland on two separate occasions during the summer.Mr. Dorrian said he knows when the charges are so serious the risk of evasion are higher, but he hoped his client’s co-operation and engagement with the court process might counter that risk a little.However Garda Inspector Seamus McGonigle said this was a different level.“These are serious offences,” he told the court.“And this application is a different level there is just too much risk. I accept there might a be family occasion but with respect that doesn’t matter – he is a flight risk.”Mr. Dorrian said he knows that they are on a ‘thin wedge’ but added that the man, despite not being married or having any children, had family connections in Inishowen.However, Judge Paul Kelly said it was ‘somewhat a stretch’ to give the man his passport back and refused the application.Meanwhile Insp. McGonigle said he was applying to the court for some extra time for preparing the Book of Evidence in the case.He said Gardaí needed an extra month to prepare the Book. Judge Kelly agreed and adjourned the case until June 13.Man on rape charge denied passport for family wedding was last modified: May 15th, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:buncranacourtdonegalpassportlast_img read more

Davis Cup: Yuki goes down tamely, India lose play-off tie 2-3

first_imgYuki Bhambri at Davis Cup 2014 (AP Photo)India’s agonising wait to return to the World Group continued as the hosts lost 2-3 to Serbia in the rain-hit playoff tie after Yuki Bhambri surrendered tamely in the decisive fifth rubber against Filip Karjinovic in Bangalore on Monday.Krajinovic turned out to be a hero for the Serbians with his 6-3 6-4 6-4 win as the 2010 champions reclaimed their place in the World Group.The result means that India will now again fight it out in Asia/Oceania zone in the 2015 season. The last time India had made it to the World Group was in 2011, interestingly losing to Serbia in the first round.Yesterday, till the rain forced suspension of play in the second reverse second singles between the number two players, Yuki was fighting tooth and nail following Somdev Devvarman’s inspiring win over Dusan Lajovic.However, Yuki did not look the same fighting player today as he failed to rein in his unforced errors and failed to grab his chances. Twice Yuki had the opportunity to break Krajinovic and turn it around but he failed to do so.Coming to the courts this morning, trailing 4-6 4-4, dropping serve was the last thing Yuki needed but he did exactly that and when he had a chance for redemption in the next game, he could not do so.He squandered two break points when Krajinovic was serving for the second set. Krajinovic though played like a man possessed as he saved the breakpoint with a fiery ace. The Serbian was precise in his stroke-making and hit winners at will.advertisementPlaying a live fifth rubber for the first time, Yuki was far from convincing in his effort as he dropped serve in the first game of the third set at love as Krajonovic raced to a 3-1 lead.Yuki’s serve deserted him as he won only four points in three service games. He saved himself from falling further by saving two break chances in the fifth. The set went with serve and Krajinovic sealed the tie without any fuss.In the 114-year-old history of Davis Cup, there have been only 51 instances when nations have came back from 0-2 to win the tie and India have done that only once when they beat Brazil in 2010 in Chennai. Somdev had won the fourth rubber then and Rohan Bopanna the fifth.On Saturday, Leander Paes and Rohan Bopanna had brought India back with their stunning win in the doubles after the hosts lost both the singles on Friday.Somdev then pulled off a majestic win in the fourth rubber over Dusan Ljovic to lock the tie 2-2.last_img read more