Looking to escape into the world of luxury properties and agent drama during a pandemic? The latest real estate show, Million Dollar Beach House, premieres on Netflix August 26 and provides a deep dive into Hamptons luxury real estate Hamptons.
Blog
Month: August 2020
The lives of the rich and famous are often colorful, and actress Bella Thorne’s Sherman Oaks home, now on the market for $2.49 million, certainly seems to suggest so.
The founder of Women’s Choice Award Delia Passi told real estate agents to “get over the guilt” and prioritize wellness to succeed.
Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than stellar news for consumers.
Andrew and Rob Gray of Graya, with Frank Licastro of Frank Developments, are set to create a multi-residential development called ‘Maison’ in New Farm.
LUXURY Brisbane home builders Graya™ and Frank Developments are delving into the world of multi-residential development.
Teaming up with friend and industry peer Frank Licastro, brothers Rob and Andrew Gray are set to create ‘Maison’ — a landmark building in New Farm, comprising just five exclusive sky homes.
The trio say they have naturally transitioned into the multi-residential space as they saw a gap in the market to create considered residences with the same characteristics of a home in addition to the lifestyle apartment living offers.
A render of Maison, 60 Moray St, New Farm. Image: Frank Developments.
The property moguls spent two years scouring for perfect the site to bring their vision to life before finding 60 Moray Street.
‘Maison’ will have five, full floor, four-bedroom residences with direct lift access, an abundance of natural light and cross ventilation plus sweeping views of Brisbane’s skyline, river and New Farm.
The development has a private recreational deck for residences 1 to 4, which includes a swimming pool, sunbeds, a barbecue and alfresco and lounge spaces.
The penthouse will have its own private rooftop with a pool, barbecue area and open space for the owner to furnish to suit their needs.
It’s not the first time the three of them have worked together.
Frank Developments also collaborated with Graya to create the luxury home ‘Laurent’ in Paddington, which sold for $4 million last year.
“We have known each other for over a decade, since we started in the construction industry,” Mr Licastro said.
“We had been looking for the right site for well over two years and we found it on a beautifully square corner block in Moray Street, which allowed for three sides of light in our sky homes.”
A render of Maison, 60 Moray St, New Farm. Image: Frank Developments.
Graya™ director Rob Gray said Maison’s location and design would make it a landmark building that people would recognise for years to come.
“We were so happy when we found our site,” Mr Gray said.
“The corner lot makes the floor plans extremely efficient and liveable, unlike many of the dark and compromised floor plans you see time and time again.
“We feel many people are missing the market by not truly delivering what their end occupant wants in regards to design and lifestyle. We have long careers ahead of us, but we know this will be a flagship project that we have put everything we have into.”
The kitchen in the house, named Laurent, at 44 Reading St, Paddington, which sold for $4m. Picture: Scott Burrows.
Lead agent Matt Lancashire of Ray White New Farm said the developers had chosen one of the best river roads in New Farm.
“Moray Street is such a sought after address that people will pay a premium for,” Mr Lancashire said.
Designed by architect Joe Adsett, Maison is set to offer apartment living with the same spatial qualities and character of a home.
The nature-inspired development has landscaped planting wraps, which cascade along the curved façade, providing privacy for each residence.
Graya and Frank Developments built this house, named Laurent, in Paddington. Picture: Scott Burrows.
Development approval for the project was granted by Brisbane City Council last month without appeal within the Planning and Environment Court, which Mr Gray said was a reflection of the extensive community consultation undertaken in the lead-up.
Maison will be launching to the market in the coming weeks.
And we can expect more where that came from, with Mr Gray revealing Graya plans to go down the multi-residential path more often in the future.
Graya has built homes for Broncos captain Darius Boyd and his wife Kayla, former Wallabies captain Stephen Moore and rapper Example and his model wife, Erin McNaught, among other high-profile names.
The post Graya’s next project revealed: Landmark building in New Farm appeared first on realestate.com.au.
Once upon a time, there was a company. That company had a story to tell. They told it in such a way that all who read it understood why the company was a good company. And then they lived happily ever after.
The best and brightest in the real estate community are coming together, virtually, on September 15 and October 20 for Inman Connect Now. Join us! It’s a great, low-cost way to stay connected and stay ahead.
ALMOST $80 million in prime main river real estate has changed hands on the Gold Coast in the months since the COVID-19 crisis began, with two major sales bumping up the tally this week.
An unnamed buyer has signed a contract, believed to be shy of the $8 million mark, on a prime riverfront holding at 1-7 Cannes Ave, Surfers Paradise.
1-7 Cannes Ave, Surfers Paradise is under contract for a figure close to $8 million.
The deal comes hot on the heels of the $12.5 million paid by a Melbourne couple for 249-255 Monaco Street, Broadbeach Waters which went unconditional on Tuesday.
Confidence at the top end of town is at an all time high, with local and interstate buyers lining up to stash their cash in bricks and mortar on the Gold Coast.
“We are having our best month in the past seven years,” said Amir Prestige principal Amir Mian, who closed the Cannes Ave deal with Alex and Victoria Fleri.
“We’ve done $52 million in sales in the last 10 days alone.”
RELATED: Epic beachside penthouse sells for almost $4m
Survey: How COVID-19 has changed homeowners
Inside record-breaking $12.5m on mega mansion
The 600 sqm residence is the biggest on Cannes Ave.
The house design was considered ahead of its time when built in 2000.
The enormous 600 sqm house, built in 2000, is the biggest in Cannes Ave with 42.3m of Nerang River frontage on a 1658 sqm block bordered on one side by parklands.
Records show the property was sold by Fengliu Wu, who acquired the estate at a cost of $3.888 million in 2012.
A rendered impression of Cannes Waterfront Living apartments now under construction.
Marketed as having future redevelopment potential, the prime parcel sits just up the road from the Cannes Waterfront Living project where 85 per cent of the 96 units have been sold as construction begins, with price tags ranging from $579,900 to $2.55 million.
“There was a lot of interest locally in [1-7] Cannes, as well as from Sydney and Melbourne, because it is a unique property with development potential,” said Mr Mian.
The recent sales add to a growing tally of $2 million-plus prestige properties directly fronting the Nerang River which were sold or settled between May and August.
249-255 Monaco St, Broadbeach Waters sold for $12.5 million.
Earlier this week, the $12.5 million contract on 249-255 Monaco Street established a new main river record, topping the $12.45 million sale of 15 Southern Cross Dr, Cronin Island in June.
A grand main river estate bordering the Gold Coast Botanical Gardens at 108 Cabana Boulevard, Benowa Waters was passed in at auction on Wednesday.
Two of the six registered bidders are now negotiating on the four-bedroom residence on 1833 sqm which has been listed for offers over $3.15 million.
108 Cabana Boulevard, Benowa Waters is listed for offers over $3.15 million.
Main river sales over $2m between May-Aug 2020
$12.5m 249-255 Monaco Street, Broadbeach Waters
$12.45m 15 Southern Cross Drive, Cronin Island
$11.75m 1-3 La Scala Court, Isle of Capri
Circa $8m 1-7 Cannes Ave, Surfers Paradise
$5.7m 327 Monaco Street, Broadbeach Waters
$5.5m 113 Commodore Drive, Paradise Waters
$4.05m 26 Paradise Place, Surfers Paradise
$3.1m 85 Commodore Drive, Paradise Waters
$2.885m 92 Amalfi Drive, Isle of Capri
$2.88m 72 River Crescent, Broadbeach Waters
$2.855m 25 Ipsley Drive, Broadbeach Waters
$2.85m 25 Cleland Crescent, Broadbeach Waters
$2.475m 27 The Promenade, Isle of Capri
$2.02m 100 Amalfi Drive, Isle of Capri
*Source realestate.com.au (off-market sales not included)
The post Main river COVID-19 cash splash pushes $80m appeared first on realestate.com.au.
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness.
During the week ending Aug. 15, 2020, the U.S. median listing price increased 10.1 percent on an annual basis, the fastest pace of growth since January 2018, according to realtor.com.