Shabby Gold Coast unit block and beach shack fetch almost $2 million at auction

September 28, 2020 0 Comments

first_imgThe beachfront site was called on the market at $1.82 million. A local businessman plans to land bank the site.A high-profile local businessman purchased the block, which was best suited as a new house site, according to Mr Dowker. “The buyer purchased it as a long-term hold, it’s a land banking investment for his property portfolio,” he said. “The interest in that area has really gained popularity in the last three or four years. “It’s low density, a narrow corridor with easy access to amenities and the main attraction is that it’s a very relaxed vibe there. “It’s not vibrant at all, just a very chilled, laid-back living environment.” The four dwelling are rented out for $1160 each week.The four two-bedroom pads reap $1160 rental income each week and are in original condition. Bilinga has a $885,000 median house price, which has grown by 63.9 per cent in the last three years, according to the latest CoreLogic data. Its median unit price has jumped 30 per cent in that time frame and sits at $637,000. 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 estate01:59 This shabby beachfront shack and set of units fetched an eye-watering price at auction.A SHABBY block of units and beachfront shack that are among the oldest in their area have fetched almost $2 million at a competitive auction.The Bilinga site, which houses four dilapidated dwellings, went under the hammer in early July and had five bidders vie for the keys. The 506sq m property was announced on the market at $1.82 million and the hammer fell at a staggering $1.936 million — more than $100,000 above expectations. It sold for a whopping $1.936 million.Ray White Mermaid Beach agent Troy Dowker, who marketed the property at 124 Pacific Pde, said bidding kicked off at $1.5 million with 51 bids placed in total. Bidding started in $100,000 and $50,000 increments before dropping down to $5000 and $1000 bids as the almost 30 minute auction drew to an end. “There is an original 1940s circa house at the front and three 1950s circa flats tacked onto the back of it,” Mr Dowker said. “They are all fibro and would be one of the oldest in the area. “The sale underpins the strength of the beachfront market in the southern end.” MORE NEWS: Olympian strike gold as holiday home fetches millions 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 ago MORE NEWS: Inside the Coast’s highest selling properties Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, 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 Rate1xFullscreenHow much do I need to retire?00:58last_img read more

EBRD Acquires Stake in Black Sea Oil & Gas

September 28, 2020 0 Comments

first_imgEuropean Bank for Reconstruction and Development (EBRD) has become a minority shareholder in the Black Sea Oil & Gas (BSOG) company. BSOG, who is currently backed by The Carlyle Group, informed that EBRD will receive one board seat as part of the investment.The transaction is significant for BSOG as it approaches final investment decision in the Midia Gas Development project (MGD), the company said. MGD will consist of five offshore production wells, a subsea gas production system, an offshore production platform, a 126 km offshore and onshore gas transmission pipeline and an onshore gas treatment plant.Marcel van Poecke, head of Carlyle International Energy Partners, said: “We are excited to welcome EBRD as a fellow shareholder and to be working together to address the challenges of taking BSOG to first gas in the coming years. With its strong market standing and long experience in the region, we welcome EBRD as a partner who shares our view of the importance of the MGD to the development of the Romanian Black Sea in particular and European energy and infrastructure activities more broadly.”Matteo Patrone, EBRD regional director for Romania and Bulgaria, added: “With this landmark equity transaction, our intention is to support the development of the private upstream oil and gas company in Romania. We are also committed to providing assistance to the Romanian government in further improving the country’s legal and regulatory framework for offshore oil and gas operations and building regulatory capacity for the whole industry.”last_img read more

St Paul’s Dean Graeme Knowles resigns over protests

September 26, 2020 0 Comments

first_img Sharing is caring! Share Dean Knowles said his position had become untenableThe dean of St Paul’s Cathedral in London has resigned, saying his position had become untenable.The Rt Rev Graeme Knowles said the past fortnight had been a testing time.It follows weeks of protests outside the cathedral by anti-capitalist protesters, which led to the building being closed for several days.The news comes as the City of London authorities prepare to order protesters outside St Paul’s to remove their tents and equipment within 48 hours.Dean Knowles, who occupied the most senior decision-making position at the cathedral, said he was stepping down “with great sadness”.In a statement, he said: “It has become increasingly clear to me that, as criticism of the cathedral has mounted in the press, media and in public opinion, my position as dean of St Paul’s was becoming untenable. “In order to give the opportunity for a fresh approach to the complex and vital questions facing St Paul’s, I have thought it best to stand down as dean, to allow new leadership to be exercised.”It follows last week’s resignation of Dr Giles Fraser, who had been sympathetic to the activists.The Archbishop of Canterbury, Dr Rowan Williams, said he was sad to hear the news of Dean Knowles’ resignation.“The events of the last couple of weeks have shown very clearly how decisions made in good faith by good people under unusual pressure can have utterly unforeseen and unwelcome consequences, and the clergy of St Paul’s deserve our understanding in these circumstances,” he said.He added that the wider issues raised by the protesters “remain very much on the table”.Dr Richard Chartres, the Bishop of London, said he was sad to hear the dean’s decision, adding that he had “acted honourably in a very difficult situation”.In a statement responding to the resignation, Occupy London described the management of St Paul’s Cathedral as “deeply divided” over its response to the protests.“But our cause has never been directed at the staff of the cathedral,” the statement added.The statement went on to urge an “open and transparent dialogue” involving all parties.The notices to remove tents and equipment from around St Paul’s follows a decision by the City of London Corporation last week to go ahead with court action to clear the area.The corporation has insisted that the protesters themselves are not being asked to leave the area.A spokesperson for the corporation confirmed that a letter would be served to protesters.Earlier, it had said the letter would be served on Monday afternoon, but a spokesman said it had been “delayed in drafting”. A spokesperson said if the protesters did not comply the case would go to court.The Planning and Transportation Committee of the corporation last week voted to go ahead with proceedings to remove the encampment on the grounds that it constitutes an unreasonable use of the highway.Ronan McNern, a supporter of the Occupy London Stock Exchange protest, said it would be up to the general assembly of the protesters how they responded to the notice.He said: “Every time that the occupiers have been challenged, they have remained calm. We have a just cause and there is absolutely no reason why we would be intimidated. We trust in the people.” BBC News FaithLifestyle St Paul’s Dean Graeme Knowles resigns over protests by: – October 31, 2011 42 Views   no discussionscenter_img Share Share Tweetlast_img read more

“I hope I retire in Cádiz and my name remains in history”

May 14, 2020 0 Comments

first_imgSalvi Sánchez was the protagonist of a new virtual meeting organized by Cádiz. The cadists were able to send their questions so that the far right of the Cadiz group shared a half hour with the followers. The footballer is completing his fifth season at the club, and since he arrived in the 2015-16 campaign, Salvi has become a key part of the team thanks to his speed on the sidelines. In fact, He was one of the participants in the last promotion to the Second Division in what was his first season wearing the yellow elastic.The sanluqueño keeps a great memory of the ascent in Alicante against Hercules. “It was one of the happiest days of my life after the births of my children. It was a very nice feeling and I think we are on the way to repeat it again. “Regarding the current season, the extreme cadista affirms that he hopes “it will end well for Cádiz. I hope that the infections go down, that we go back to training little by little, that people start to lead normal lives and find a vaccine for coronavirus. Hopefully finish the League even if it is behind closed doors to avoid contagions and there is no other rebound like in China. We have to do things well enough so that we are not locked up again. “ As for workouts during confinement, the one from Sanlúcar de Barrameda affirms that he is under the orders of Cervera and Miguel Ángel Campos. “I try to do everything the coach says, with Miguel Ángel (physical trainer) we do a separate specific job and try to avoid injuries.” And he recognizes that “those who are carrying the worst quarantine are those who live alone. Children are sometimes a bit heavy, but we enjoy them, that’s also nice. “De Cervera believes that “he is a serious, humble, hard-working person and he has everything very well worked out. He is the best coach I have had in my career.”Salvi’s soccer career was not easy, his beginnings were hard to combine his work on the job with training. “I thought my future was uncertain when I was working on the construction site. I thought about leaving football and continuing to work to feed my son, because we were not charging at that time. In soccer I thought little, until one day I said that I had to get my son ahead and I took everything I had inside me to go to work and train in the afternoon. Even someday, como when I played in Cartagena, that as I arrived I had to go to work to work. “The winger was praised when he spoke of some players with whom he has shared costumes, such as Dani Güiza: “There are people who have won everything and continue with the humility of not having won anything. It was a teaching for me to see his humility and his way of being. We talked a lot and he was an example. “And although he wants to retire in Cádiz, he jokes with” retiring in Atlético Sanluqueño with Jerez, “you never know, my hope would be to retire in Cádiz leaving him as high as possible. When I retire, Güiza will probably continue playing for Sanluqueño and the same thing convinces me to retire there playing with him. “He also had good words for Álvaro García: “I had him by my side, but football is like that. We will miss each other and we will tell our children that together we made history in Cádiz“And he challenges him to see who is faster,” we are similar, it would be nice someday a race between the two. “De Mágico thinks he is one of the best soccer players in the world. “De Mágico does not need anyone to say anything. He will be the best footballer who has passed through this entity and one of the best in the world for sure.”As a soccer idol of his childhood, he highlights “Joaquín. He was one of the players who watched the most, also being from Cádiz even more.”Salvi recognizes that the biggest critic she has is her oldest son, “Brayan when I finish a game and I have not scored, or I have not given the goal pass and he tells me what he should have done on each play, nothing is lost. He is the most critical of my family, then there is my wife. “Finally, the far right of Cádiz claims to be looking forward to competing again to end the season. “I am quite well recovering from the discomfort, I am looking forward to competing again. We are in a very beautiful moment and we cannot escape it.” At the moment, Salvi is clear where he wants to end his sports career: “Hopefully I can retire in Cádiz, the world of football is complicated, but hopefully we will leave Cádiz as high as possible and there I will be, in memory and in the history of Cádiz “.In its beginnings, the Cádiz youth academy did not enter their plans due to the impossibility of attending training sessions, but it was always present in their thoughts of playing for the Cádiz club. “I have discussed it with my father many times. The Cádiz quarry asked about me, but it was difficult for my family to take me to Cádiz to train every day, it was a huge expense, so I decided to stay at the Sanluqueño quarry. For many people from Cadiz it is a privilege to defend this shield and a pride to represent everyone. “Of his goals in Carranza he keeps two: “The goals in Carranza are special. The one I liked the most was one that I put the Vaseline Villanovense with abroad, and the decisive goal against Elche to get us into promotion for promotion. “Salvi affirms that he is at his best, although he admits that he has had ups and downs, “my best moment was the first year, at first I did not have a good time, but I was better when I started playing. The last year was the worst psychologically for me and physically as well, but this year is being one of the best. “If there is something that stands out from the far right of Cádiz is speed, and the key for him is in “Train a lot and be good weight, carry everything according to be faster and stronger. You have to work it, although since I was little I have to work fast.” And he even joked with a follower, “I am aware that I am fast, I do not know how much I have the top, but I take motorcycle speeds when I am fine,” he laughs.last_img read more

Man feared dead after falling off Bartica Stelling

January 12, 2020 0 Comments

first_imgMembers of the Joint Services were up to late Thursday evening searching for the body of a male who is feared dead after he fell off the Bartica Stelling on Wednesday evening.The missing man has been identified as Mikey Allen. He along with 14 others reportedly arrived on a jet boat at the Stelling from Apaika Landing, Mazaruni, Region Seven (Cuyuni-Mazaruni) around 18:45h on Wednesday and was sitting on the stelling but as he attempted to get up, he fell overboard.All attempts made to rescue him proved futile since the tide was too high and the current of the water was strong at the time. The man’s address and other details were not available up to press time.last_img read more

DONEGAL MAN WINS INTERNATIONAL SHEEP DOG TRIALS

December 24, 2019 0 Comments

first_imgDONEGAL man James McGee has done it again – taking the top prize at a three-day International Sheepdog trials in Roscommon.The Ballybofey man was crowned champion before a crowd of 25,000 people – beating off competition from five other counties and competitors from all over Ireland (including Kerry by the way).James, who farms at Creggan, won the championship at Kilbegnit Creggs, Co. Roscommonwith, his dog Glencregg Silver, a dog used to winning.  DONEGAL MAN WINS INTERNATIONAL SHEEP DOG TRIALS was last modified: September 14th, 2014 by John2Share 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:James McGeesheep dog trialslast_img read more