The “people management” aspect of team-building doesn’t always come easily to leaders. But letting go of control over the business you’ve painstakingly built is a critical step in growing and building trust with your team. Here’s how to do it.
The “people management” aspect of team-building doesn’t always come easily to leaders. But letting go of control over the business you’ve painstakingly built is a critical step in growing and building trust with your team. Here’s how to do it.
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THERE’S a huge push for locally grown and manufactured goods in the wake of COVID-19, and this property gives you the perfect opportunity to be the proud owner of an internationally renowned SA winery.
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Stonehaven Winery, at 7089 Riddoch Highway, Padthaway, has hit the market, offering a savvy investor the chance to own a 68.55ha business, established vineyards and all the trademarks and brands associated with the property.
On the market through Colliers International’s Agribusiness’s Tim Altschwager and Nick Dean, the property is the largest winery in the Padthaway region and features 36ha of merlot, verdelho, cabernet sauvignon and viognier vines.
“It is distinguished by its strategic location servicing the Limestone Coast zone, including other famous wine regions, such as Coonawarra, and its striking presence overlooking the Riddoch Highway,” Mr Altschwager says.
“Stonehaven Winery is a modern, well equipped facility capable of crushing 12,000 tonnes and features 10.7 million litres of stainless steel tank storage.
“The winery is supported by an architecturally-designed cellar door/function facility, an administration complex and a manager’s residence.
“The barrel store is temperature controlled with a capacity of over 10,000 barrels.”
The winery has a proud history of producing quality wines and was awarded the International Winery of the Year in 2001.
“Stonehaven Winery was commissioned in 1998 by Constellation Brands, the world’s largest wine company at the time,” Mr Altschwager says.
The winery is currently leased, with that contract expiring in June 2021. Mr Altschwager says the current tenant would consider an extension.
As well as the vines and winery infrastructure the property also features a 10.5 ha woodlot.
“There have been a few come on the market in recent times, but something of this standard in a highly recognised red wine producing region – it’s a very good asset,” Mr Altschwager says.
“It will attract a broad target market because it could be an existing vigneron who has a lot of vineyards and wants to go up the supply chain and process fruit for their own brand and market that way.
“It’s quite a large processing facility and it could also process fruit to go into the export market, so it’s a really good asset for that.
“As it is leased, investors look at buying in – it lends itself to quite a few different types of buyers.”
Mr Altschwager says the vineyard’s location is an enormous drawcard.
“It’s pretty close to Coonawarra, Wrattonbully and some really high profile good quality regions and the access to fruit is quite good, and it’s also not too far from the Riverland as well, so if someone wanted to pull fruit from other regions, they can too,” he says.
Stonehaven Winery is for sale by expressions of interest, closing Friday 18 September.
The post Perfect place to start a vine romance appeared first on realestate.com.au.
Sensing there will be a few bargains to be had next year, Roosters star Jake Friend has put his Randwick apartment with panoramic city skyline views up for sale.
The stylish two-bedder with two-bathrooms and double garage at 12/105 Frenchmans Road — which also has Centennial Park views — has a $1.5m price guide for a September 16 auction with LJ Hooker Double Bay’s David Malouf.
“I thought rather than increasing our debt, I’d rather have money to play with because there could be opportunities next year,” Friend, 30, told the Wentworth Courier in an exclusive interview.
“Because of the virus and people having to survive on Jobkeeper, if that does stop, people may have to sell.
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“It’s hard to tell, but for myself I prefer to be in less debt and have money to work with.”
CoreLogic records show Friend bought the apartment for $1.32m three years ago.
He and his fiance, Jenna Kallin, lived there for the first 18 months and then did a major renovation.
A few smart minor structural changes were ingenious.
They created a loft study or reading room, by adding a wall along the side of a stairwell.
And they improved the master suite by creating a walk-through wardrobe leading to the ensuite.
“And basically we updated everything,” Friend said.
“This was our first project, now it’s time to move onto the next one.”
The couple currently own and reside in Drummoyne — renting out the apartment for $1050 a week recently CoreLogic shows — but they’re now contemplating their next property move, possibly a house or a semi.
“We’re not sure yet,” Friend said. “We’ll see what we get for this, and there’s a bit of work to be done at Drummoyne so we’ll possibly do something there.
“But the goal is to get some money in the bank and see if any opportunities come up in the near future.”
Friend also owns the Randwick cafe High St Society, with two others: Underbelly actor Les Hill and mate Dave Martin, who also owns another eatery, Coogee Courtyard.
In April, there were reports indicating he was worried he may have to let some of the eight staff go because of the pandemic.
“It’s now ticking along nicely,” Friend said. “We’ve actually done pretty well, being across from the hospital during this period with plenty of nurses and doctors coming to visit.”
His contract with the NRL premiers runs out this year, but he’s confident of re-signing with them in the near future. “I’m hoping to over the next month,” Friend said.
The post Rooster Jake Friend lists Randwick apartment to be prepared for looming ‘opportunities’ next year appeared first on realestate.com.au.
INTERIOR designer Anna Spiro has sold her Stradbroke Island beach pad in a surprise deal that even includes the cutlery.
The two-level home in Dickson Way, Point Lookout, was not even on the market when a local couple from Brisbane made an offer.
“I wasn’t really thinking of selling, but I was thinking of buying a new property over there with a view, as mine had no view,” Ms Spiro said.
“I called (a real estate agent) and within five days she had sold it, with everything.
“It was all a bit of a whirlwind and really did take me by surprise, but I am really excited about the new property I’ve purchased, which will be a fun new project for me.”
Ms Spiro plans to renovate her new property on the island, which will be a “bit different” to her signature bold and brave designs.
Think “more minimalistic, but still very cool and interesting” — if she can restrain herself, that is.
Olivia Cole of Dolphin Real Estate, who found the buyer for Ms Spiro’s property, said she was still receiving enquiries about the three-bedroom home, which was within metres of Home Beach and Adder Rock.
“Anna mentioned casually to me that she might consider selling and within two days, I had six groups of buyers through and it was under contract within three days,” Ms Cole said.
“There was a huge amount of interest in it. I mean, who wouldn’t want an Anna Spiro house?!
“It sold fully furnished, right down to the cutlery, and was decorated to within an inch of its life.”
Records show Ms Spiro bought the property for $635,000 in 2004.
The acclaimed designer has also just put her bayside family home of 10 years on the market.
The 1800s heritage property at 27 Roger Street, Birkdale, is open to top offers by 4pm on September 15 through Sarah Hackett of Place – Bulimba.
And if you happen to be a fan of the designer’s work, the offer comes with the chance to buy the house with part, or all, of the furniture included.
Ms Spiro, who designed boutique B&B Halcyon House, and Brisbane wine bars Mr Percival’s and Arc Dining, is known for blending bold colours with layers of textured materials, accented by signature pieces and her eclectic style is evident throughout the home’s interiors.
Yet aside from dressing up the home’s interiors, giving the house a coat of paint and replacing the roof after it blew off in very bad storm, the house is in its original condition and
maintains all its heritage features, which Ms Spiro said made it special and rare.
She said she fell in love with the house after stumbling across it by accident.
“I was lost and I ended up on Roger Street when I spotted the house. I was only young but I was just blown away by it,” she said.
“Ten years later I returned to the area and I saw it was for sale. That is when I knew I had to have it. It was fate.”
The family homestead sits at the heart of a 2,213 sqm block at the end of a cul-de-sac and is surrounded by trees and landscaped gardens.
Original heritage features, including decorative breezeways, VJ walls, timber floors, casement windows, tiled mosaics, picture rails and lofty ceilings. have endured almost two centuries.
The property’s five bedrooms are split between the main residence and the guesthouse and walls of glass, French doors and louvred windows allow cool coastal breezes from the Bay to waft through.
Large wraparound verandas extend the indoor living spaces outside and run beside the home’s luxurious swimming pool.
Ms Spiro said living at Birkdale House was like living in the country, despite the property being less than a 30-minute drive from the centre of Brisbane city.
There is even a chicken coop and the potential to start a vegetable garden for those who like the idea of living The Good Life.
Ms Hackett said the home was so impressive, it would take more than one inspection to fully appreciate the attention to detail.
“It’s just so much to take in because it’s a sensory overload,” Mrs Hackett said.
“You couldn’t capture it in one inspection, there’s that much beauty going on, and it starts from the moment you enter.
“I can’t wait to go back as an agent just because I couldn’t take it all in, and I’ve seen a lot of properties.”
Mrs Hackett said the property would most likely suit empty nesters or young families.
“But it doesn’t matter what age you are, her design is timeless,” she said.
Mrs Hackett said the gardens were just as important as the house.
“The home is all on one level and because its lowset, it’s really connected to the lawn space and everyone’s wanting lawn space these days,” she said.
“I think gardens are really having a comeback now, particularly with what we’ve gone through. People are spending more quality time outdoors and (a garden) really completes the home.”
The property’s location on Brisbane’s bayside was also appealing because of the increase in working remotely since the advent of COVID-19, Mrs Hackett said.
Birkdale House is minutes from Waterloo Bay, leafy parklands and local shops. Birkdale train station is also near by. The property falls within Birkdale State School and Wellington Point State High School catchment areas, and is a short drive from Redlands College, Saint Mary MacKillop Primary School and Ormiston College.
The post Interior designer Anna Spiro sells Straddie pad, lists Birkdale home appeared first on realestate.com.au.
OPINION
Moving out of a rental is stressful enough, but with stage four COVID-19 restrictions in place in Melbourne, spanners you never knew existed have been thrown into the works.
I recently vacated my share house of three years in inner-city Melbourne during stage four lockdown, which was a challenge, to say the least.
Not only did the lockdown make the actual move more complicated, but my (now former) housemates and I struggled to know how to proceed under the brand new pandemic restrictions.
My advice to those considering a move during stage four lockdowns is be prepared for additional stress unforeseen complications. The government is allowing pre-arranged moves to go ahead, if you can wait then it’s probably best to do so.
Here are some of the challenges I came up against during my move.
When the Victorian Premier Daniel Andrews announced stage four lockdown on Sunday, 2 August, there were unanswered questions about how the real estate industry would proceed with auctions and open for inspections, and whether people planning to move home would be able to do so.
24 hours later, Premier Andrews confirmed that Melburnians would be able to settle a property sale and move home if they had made arrangements prior to the lockdown and that all home inspections would be done digitally.
However, many tenants, landlords and property managers remained unclear about a number of things. These included rules around producing videos for digital inspections; whether or not tenants without prior arrangements could still move out; whether final inspections could take place; and, most importantly, whether people in unsafe circumstances would be able to relocate.
Luckily my housemates and I had given notice before the lockdown so we could continue our move as planned.
We were still unsure, however, whether our final inspection would take place to release our bond and whether we could actually move beyond the 5km radius so remained in constant contact with our property manager.
With the prospect of a $1,652 on-the-spot fine for breaking stage four rules, we wanted to get it right.
Clarity came on 11 August with the government announcing tenants could move to a home outside the 5km radius provided it was done within curfew hours and, importantly, those in unsafe situations could commence a new lease.
It was also made clear that final end-of-lease inspections were allowed.
But the clarification of the rules was just the first obstacle.
My reason for needing to vacate the house was due to my mother’s recent surgery. She needed a live-in primary carer at home as soon as possible and similarly, my two former housemates were also moving in with either their parents or partners.
Moving is a big task on a good day, but add strict lockdown measures to the equation as well as the need to care for an unwell parent and you’ve got yourself a very stressful and time-sensitive situation.
Here’s what we encountered on moving day:
I arranged for contactless removalists and I agreed to be the first housemate to leave to minimise the number of people in the house at one time.
We were required to label everything meticulously so no possessions were mixed up. We also had to sanitise every item being moved, as well as wear gloves and masks during the move.
I had to give very clear instructions to the removalists to ensure they found and properly locked the storage unit I had rented. Normally I would go with them, but I didn’t feel safe doing so.
We also engaged contactless end of lease cleaners, which we were originally unsure if we could proceed with as cleaners are currently not performing routine cleans of households, however, end of lease cleaning has been deemed an exception to stage four rules.
Our property manager asked us to leave the keys on the kitchen bench and snib the door on the way out. Normally we would lock the door properly on the outside but at the moment there’s no other choice.
The one silver lining on moving day was that I didn’t have to lift a finger because we were asked to stand in another room or at least 1.5m apart.
The other issue we faced was disposing of our furniture. Given we were all moving back into established homes, we had no use for these items for the foreseeable future.
Normally we would list items on Facebook marketplace sites such as My Stuff = Your Stuff, or drop them off at a local op shop, but these options are temporarily unavailable during stage four lockdown.
I was forced to put so many things out for a hard rubbish collection, which was gut-wrenching because I hate throwing away perfectly good furniture.
Other items went into a storage unit, which I hope to be able to sell or donate once restrictions ease.
It’s tempting to want to start a new lease at the moment as there are so many high-quality rentals on the market, especially within inner-city Melbourne, but my experience left me feeling unsafe and more stressed than a normal move.
Now, back at home with my mum who is thankfully on the mend after major surgery, I can’t help but worry that in the process of moving I may have brought COVID-19 into her house.
I think that during these unprecedented times, we need to not only follow the rules but also use our own judgement around what’s necessary.
Obviously, some will have no choice in needing to move house, including those that are in unsafe situations, but if there’s a way you can stay put then it’s definitely the better option, at least for now!
The post Moving house a new level of difficult under stage four lockdown appeared first on realestate.com.au.
The owners of the iconic former headquarters of pharmaceutical giant Roche on Sydney’s northern beaches have won council approval for a $44 million redevelopment of the site.
The project is set to be one of the biggest industrial developments the northern beaches has seen “for a long time”.
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Sydney-based real estate fund manager and developer EG who bought it through Perpetual Corporate Trust is hoping to start construction of the Northern Beaches Business Park later this year or early in 2021.
EG bought the 7.46ha site at 100 South Creek Rd, Cromer, from Roche in 2017 for $60.5 million.
The site was owned by Roche Products Australia for more than half a century. The pharmaceutical and healthcare company first distributed its products from premises in central Sydney before moving to the Cromer site in 1964.
Roche has since relocated its headquarters to the Sydney CBD, on the edge of the city’s waterfront precinct of Barangaroo.
EG’s associate director, Sean Fleming, said development application was granted this week.
“It will be one of the biggest industrial developments on the northern beaches for a long time,” he said.
“In a market starved of local investment, EG is thrilled to be injecting back into the economy of the Northern Beaches Local Government Area.”
The company expects the construction phase and new tenants will bring up to 600 new jobs to the local area.
Formerly the headquarters of pharmaceutical company, Roche, the $44 million site redevelopment will include self-storage facilities, commercial office space, a cafe, and 11 warehouse and distribution units.
“The project offers the potential for a diverse range of local urban service outcomes, including creative and hi-tech industries, modern warehousing local business ‘start-up’ incubators and a place for innovation,” said EG’s development director Grant Flannigan.
Important heritage elements of the site will be preserved for sympathetic adaptive re-use, including former Roche office buildings, a residence, associated landscape features and the iconic hexagonal five-storey tower.
The redevelopment is expected to be completed in the third quarter of 2021, Mr Fleming said.
He said he expected the new business park would have up to 16 tenants, and talks were already underway with a number of businesses.
EG expects to retain ownership of the redeveloped site, which is held on one title.
“Our investors are some of Australia’s largest superannuation funds and industrial (investment property) has been relatively resilient during COVID,” Mr Fleming said.
EG has a development pipeline value of more than $2.1 billion. During the past 20 years, the company has earned a respected reputation for creating sustainable and cohesive urban spaces, delivering high-quality residential and mixed-use projects to create connected communities.
Projects includes the award-winning mixed-use sites The Flour Mill at Summer Hill and Tempo at Drummoyne as well as residential sites The Canterbury in Melbourne, Bosco in Five Dock, The Herald at Newcastle and the multiple award-winning Pindari development in Randwick.
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Adelaide’s prestige property market is on fire, with local agents tipping a strong, and early, start to the state’s peak selling season.
Ouwens Casserly agent Cynthia Sajkunovic had a huge turnout for a $2.2 million to $2.4 million resort-style home at 101 Cambridge Tce, Malvern she is selling.
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“We recorded 180 people through the property over two days and we had 200 brochures printed and all of them were taken,” she says.
“We’ve got multiple parties interested.
“It’s a special place and I always expected it to attract strong interest.
“It was really well attended by family groups and also people from large homes again and wanting something a bit more manageable.
“It’s mainly local interest for this one – people upgrading from homes in the low million-range to coming up into that $2 million range.”
Ms Sajkunovic says the top end is performing strongly.
“People can’t travel and they’re putting their money back into real estate and, with rates being as low as they are now, people are prepared to look at a decent upgrade,” she says.
“Volumes are low and that’s definitely driving prices.
“It will turn around come spring – the Adelaide market tends to wait for the warmer weather, and then we’ll see more stock in the market.
“I think spring will start earlier this year, and I think people will be motivated to get going a bit earlier this year because the focus is now very much real estate-based instead of travel, which has typically been the case at this time of the year.”
Ms Sajkunovic says while the Adelaide selling season typically only takes off after the AFL grand final, this year she expects it to be a different story.
“It’s been a bit of a mess this year and it doesn’t seem to have the hold on people it has in previous years because of the stop-start season with COVID-19 restrictions.
Last Saturday’s Real Estate Magazine House of the Week – a stunning Millswood home on 3114sqm at 17 Andrew Ave that’s been in the same family for the past 36 years – attracted a huge crowd last weekend.
Williams Real Estate agent John Williams, who is selling his stepmother’s home, says more than 130 people attended the home across two days.
“We had enormous interest in that property and are getting calls from Spain, Hong Kong, all over the world, and it was popular with local buyers too – it’s been incredible,” he says.
“It’s been immensely popular with family buyers – we’re still going to see if it’s going to sell as a whole yet, because it’s on two titles. It’s been one of the best responses we’ve had to a property so far – we put two other top-end properties under contract just on Tuesday, so the market’s showing really good signs. It’s stable and with good marketing in The Advertiser, homes are finding buyers.”
Mr Williams says the prestige property market has performed strongly over the past few months, and tips this will continue into spring.
“The only quiet month we had was April when we were in lockdown, but since May, June and July it’s just picked up,” he says.
“I think we’re going to have an early spring – that’s my gut feeling.
“Traditionally we’re flat out from October and to the middle or end of December, but for us, all the signals are telling us it’s going to come on a month early, because everything’s been held back for so long due to the fact that it has been a really strange year.
“We’re looking forward to a really strong spring and summer.
“We’re selling everything we can get – SA’s just a safe, easy place to live and people are looking for that now more than ever.”
The post Prestige homes in high demand as SA gears up for spring appeared first on realestate.com.au.
A Northcote mansion with “fairytale appeal”, a Prahran pad with a two-storey tower of books, and a family haven near Ballarat are among Victoria’s most popular homes of 2020 so far.
Lugano at 215 Clarke Street, Northcote, racked up almost 131,000 views after being listed on realestate.com.au in April, offering its own “wellness centre” and spellbinding views from atop Ruckers Hill.
All this attention resulted in a $3.6m sale in May, to a Prahran-based family who were originally from New York and “fell in love with it on the first inspection”, Jellis Craig Northcote director Sam Rigopoulos said.
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“Its fairytale appeal really drew the eyeballs,” Mr Rigopoulos said.
“Having a home of that period appeal, so close to the city (and) up on a hill with magnificent views captured everyone’s attention.”
The five-bedroom house was also “iso ready” for fitness fanatics missing the gym, featuring a yoga studio, gym, sauna and spa.
Realestate.com.au figures show a self-isolation haven west of Ballarat also went viral, attracting almost 80,000 views this year.
Sally and Joseph De Losa raised and home schooled their 10 children at the 1.65ha property at 2436 Beaufort-Carngham Road, Carngham, which features a school hall, a mini footy oval, a dam, an edible garden and a renovated house with up to eight bedrooms. The special home remains for sale asking $1.15-$1.25m.
Three swell seaside pads were also among Melbourne’s 10 most viewed listings of 2020, with a clifftop Mount Eliza house notably accruing 121,021 clicks since hitting the market in April.
The resort-style abode at 36 Jacksons Road has an indoor pool, a 2733sq m block with a tennis court, and a $4.7-$5.1m price guide.
A Jan Juc showstopper at 10 Camrose Court — offering bay views McCartney Torquay agent Tim Carson swears “you would never get sick of” — has drawn 68,263 eyeballs in its four and a half months on the market with a $3.3-$3.5m price guide.
And 64,621 househunters flocked to the listing of a glorious church conversion at 10A Lochiel Avenue, Edithvale before its $1.02m sale in May.
Homes in prized inner-city suburbs Kew, St Kilda East and Prahran each notched between 56,000 and 74,500 views this year.
Among them was an edgy warehouse-style pad at 6-8 Doon Street, Prahran, which sold in July for an undisclosed price within its $6.8-$7.4m quoted range, after storming on to the market boasting a suspended pool, a bar, an art gallery space, and a remarkable two-storey bookcase.
Historic homes from different eras on Melbourne’s northern fringe rounded out the top 10.
Architecture enthusiasts drooled over a mid-century gem at 1 Kenarra Court, Hurstbridge, which racked up 58,794 views before its $920,000 sale. And a Victorian homestead
at 1481 Romsey Road, Romsey drew 50,741 eyeballs before breaking the Macedon Ranges town’s price record by fetching between $3.4-$3.6m.
The average view count for a Victorian property on realestate.com.au from January 1 to June 30 was about 1500.
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VICTORIA’S MOST POPULAR HOMES OF 2020
1. 215 Clarke Street, Northcote: 130,933 views, sold for $3.6m
2. 36 Jacksons Road, Mount Eliza: 121,021, for sale $4.7-$5.1m
3. 2436 Beaufort-Carngham Road, Carngham: 78,547, for sale $1.15-$1.25m
4. 29 Edgevale Road, Kew: 74,506, sold $2.6m
5. 41 Linton Street, St Kilda East: 70,625, sold $1.84m
6. 10 Camrose Court, Jan Juc: 68,263, for sale $3.3-$3.5m
7. 10A Lochiel Avenue, Edithvale: 64,621, sold $1.02m
8. 1 Kenarra Court, Hurstbridge: 58,794, sold $920,000
9. 6-8 Doon Street, Prahran: 56,022, sold undisclosed between $6.8-$7.4m
10. 1481 Romsey Road, Romsey: 50,741, sold undisclosed between $3.4-$3.6m
Source: realestate.com.au, from January 1 to June 30
. Prices from CoreLogic, industry sources
The post Victoria’s most popular homes of 2020 revealed appeared first on realestate.com.au.