289-291 Cross Rd, Clarence Gardens. Pic: realcommercial.com.au
It’s been the headquarters of award-winning SA chocolate brand Bracegirdle’s for well over a decade.
But now, the iconic Swiss-chalet-style building at 289-291 Cross Rd, Clarence Gardens, could be yours for the taking, with the landmark property offered to the market for $1.8m.
Leased to the chocolatier until 2031, the 1935-built property promises a net annual rental return of $98,375.48, making it a profitable deal for investors, according to selling agent Nick Mastrangelo of Mastracorp Real Estate.
“The tenants just signed a seven-year lease, so the value of the property is very much…
The city of Newark sold seven blighted or vacant properties for $1 each in a lottery aimed at supporting their rehabilitation, reports Gaby Galvin in Smart Cities Dive. According to Galvin, “Mayor Ras Baraka bills the $1-home program, which targets low- and moderate-income residents, as a way to close wealth gaps and prevent corporate investors from buying up homes and hiking up the rent.”
Buyers will have access to a low-interest mortgage to fund repairs or construction. The properties include vacant lots, single-family homes, and multifamily buildings. “Buyers can’t be current homeowners, they must have lived in Newark for at…
Getamover analyzed Zoopla data, comparing average sale prices to listing prices and found that East Renfrewshire had the highest number of properties sold above their listed price.
An average home in East Renfrewshire initially lists for about £235,479, yet sells for an average of £272,187, showing an increase of £36,708 for potential buyers who are looking to purchase a house in this area.
David Burrows, head of Getamover, said: “Buying a home is expensive no matter where in the UK you choose to settle down, but a fantastic investment, this study gives huge insight into the most desired areas of…
Selling their much loved family home has turned into a life or death proposition for the Young family.
Dad, Jase, 37, was diagnosed with a brain tumor six years ago and, after multiple surgeries, and recent complications from a respiratory illness, has been fighting for every breath.
The father of three’s rare and complex breathing condition has complicated local doctors and his family has had to turn to the Mayo Clinic in the United States for help.
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He is simultaneously seeking radiation therapy for the rapidly growing tumor in his brain to avoid advanced…
In short: The Greens will call on the federal government to develop 360,000 homes in the next five years for the public to buy or rent.
The party says the move is necessary to provide the public with affordable homes, but one expert has described the plan as a “very expensive and arbitrary lottery”.
What’s next? The Coalition has also promised a major housing policy before the federal budget in May.
The Greens want the federal government to enter the property development game as part of a new housing policy to be unveiled on Wednesday afternoon.
The party’s housing spokesperson,…
The spacious historic property located at 72 Salisbury Road in Brookline was sold on Feb. 5, 2024. The $2,358,000 purchase price works out to $897 per square foot. The house, built in 1925, has an interior space of 2,630 square feet. This two-story house presents a roomy floor plan, featuring five bedrooms and four bathrooms. The home’s outer design showcases a hip roof frame, with roofing materials crafted from asphalt. Inside, a fireplace adds character to the home. The lot of the property covers an area of 5,014 square feet.
Additional houses have recently changed hands nearby:
In August 2023,…
The Real Estate market in Mallorca is quite different to that in mainland Spain according to long-time resident Marc Pritchard Sales and Marketing Director at Taylor Wimpey Spain.
Smaller developments than on the mainland
First and foremost, while on the mainland construction companies such as Taylor Wimpey tend to build large volumes of property, this doesn’t happen in Mallorca and their latest development, (one of six under construction on the island), Es Volor consists of just 13 two storey town houses.
This low volume high quality building strategy is working very well and Marc explained that sales of Taylor Wimpey…
CHICAGO, March 01, 2024 (GLOBE NEWSWIRE) — From the concept of quiet luxury to the rise of the upscale college town, and from the arrival of the Gen Z homebuyer to the impact of mansion taxes, the luxury real estate market offers a number of interesting storylines this spring and beyond, according to a new report from Christie’s International Real Estate. The findings are based on surveys and interviews with Christie’s International Real Estate affiliates in nearly 50 countries and territories around the world.
Key themes in the report include:
Increased inventory: Most affiliates expect some relief to the inventory…