NSW Real Estate News
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VentureCrowd and Clearstate raise $1.7 million in major property crowdfunding deal
VentureCrowd, Australia’s original and most successful equity-based crowdfunding platform, has closed a second, oversubscribed funding round in partnership with end-to-end residential property developer, Clearstate, for a residential development in Sydney’s south west. Hot on the heels of the companies’ inaugural Riverstone development deal, which raised close to $1 million in under four hours, the Austral investment has given more than…
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Momentum builds in Circular Quay
Mirvac’s 200 George Street development is complete and is the first jewel in the Circular Quay crown as development and growth in the area picks up momentum. Standing 37 stories and spanning 39,200 square metres, the ‘smart’ building is designed both with the environment and the wellbeing of office workers in mind and is the first completed project as a…
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Raine & Horne launches Hornsby office
Superbrand Raine & Horne is launching a major assault on Sydney’s popular Upper North Shore property market with the opening of a new office located in Hornsby. Raine & Horne Hornsby will be led by experienced local agent Chris Hopkins and his wife Susie, and will deliver the 133-year-old family owned and operated firm’s unique sales and property management services…
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Laing+Simmons Charity Campaign Raising Thousands
Laing+Simmons Parramatta’s campaign to raise money for medical research as part of its 21st birthday celebrations has got off to a flying start with over $3000 already raised in the first month alone. The award winning real estate agency, which came of age last month, is donating $300 to Westmead Medical Research Foundation (WMRF) for every property it sells from…
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Sydney CBD office market demand strong
The Sydney CBD office market continues to perform well above the national average with vacancy rates decreasing over the past six months, according to the Property Council of Australia’s latest Office Market Report. “Sydney’s office market continues to have the lowest vacancy rate and the strongest demand of all capital cities,” NSW Executive Director Jane Fitzgerald said today. “Sydney’s CBD…
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Rare DA-approved site in Botany to go to public auction
A significant residential site in Botany, with a rare DA approval in place, and a price guide of $10 million, is certain to attract strong local and overseas developer interest, according to listing agent, Tony Laing, Co-Principal of Raine & Horne Commercial Bondi Junction. “The real value in this site, which will go to public auction on Thursday 25 August,…
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Radley Property pledges 20% of real estate commission to charity
This week marks the launch of Radley Property, an innovative real estate agency combining property services with philanthropy by pledging 20% of its commission to Australian registered charities. For each transaction, landowners individually donate half of Radley Property’s 20% Pledge to their chosen charity. This donation is made in the vendor’s name, does not impact their profit and is tax…
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Teracota Terraces: Evolution of the Aussie Terrace
Innovative inner-city developer LivStyle has brought the much-loved terrace into the 21st Century by incorporating features of a modern apartment. Its Teracota Terraces at Alexandria have practical entertaining areas, a media nook, a private courtyard, expansive windows and sliding doors, a self-contained laundry, substantial storage options and basement car parking with direct internal access. While paying homage to the traditional…
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University of Sydney presents The Festival of Urbanism
With the Sydney population projected to grow to 5.89 million people by 2031, the city’s transport, public services and green spaces will be under a great deal of pressure. The University of Sydney’s third Festival of Urbanism will investigate what can be done to help ease the pressure on the global city. The two-week festival from 1 to 12 August will…
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Skyline vision to boost economy and employment
The City of Sydney has developed a strategic vision for Sydney’s future skyline with potential building heights in excess of 300 metres – 80 metres taller than Governor Phillip Tower – while still protecting sun access to the city’s important public places and parks. In the most comprehensive urban planning strategy for Central Sydney in 45 years, the City has…
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Rare Opportunity to Buy Entire Sydney Apartment Blocks in One Line
Another two blocks of Sydney apartments have been listed for sale – this time in Marrickville and Coogee – amid ongoing demand for residential investment opportunities. CBRE’s Peter Vines has been appointed to sell the Marrickville building, which comprises 46 studio and one-bedroom units at 11-13 Osgood Avenue. In a separate campaign, a second block of 24 apartments at 326…
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Fairfax’s ‘Daily Liberal’ Dubbo Site for Sale at Auction
A central and commercial complex in Dubbo, the headquarters of Fairfax Media’s Daily Liberal newspaper, is being offered for sale via auction by Ray White Commercial NSW and Ray White Dubbo. The approximately 2,185 sqm building at 216 Macquarie Street and 1 Bank Street, Dubbo, is being marketed by Samuel Hadgelias and Jeff Moxham of Ray White Commercial NSW and…
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Barangaroo development and downsizers driving demand for Pyrmont apartments
With auction clearance rates nearing 100% in recent weeks, the inner city suburb of Pyrmont, which includes the Jacksons Landing precinct, is in hot demand, according to James Pratt, Director Auction Services, Raine & Horne. “The Sydney metropolitan market is enjoying a strong run with 80% clearance rates in recent weekends, however, clearance rates are even better in inner city…
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Newcastle commercial markets surge on back of share market volatility and DIY super fund demand
Owner-occupiers and investors are combining to drive demand for commercial property in Newcastle priced below $2 million, according to Steven Dick, Co-Principal of Raine & Horne Commercial Newcastle. “The current rules[i] let Self-Managed Super Funds (SMSFs) purchase a business premises, allowing owners to pay rent directly to their SMSF at the market rate,” said Mr Dick. “Savvy Newcastle business owners…
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Laing+Simmons Parramatta turns 21
Next month marks the 21st birthday for Laing+Simmons Parramatta and the team is celebrating its coming of age by partnering with one of western Sydney’s most beloved and important charities. From July 1 to the end of 2016, Laing+Simmons Parramatta will donate $300 to Westmead Medical Research Foundation (WMRF) for every property the team sells. The Laing+Simmons Granville and Auburn…
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Colliers International Welcomes Four Points by Sheraton Parramatta
Transformation of Parramatta to include new speciality-select hotel. Colliers International welcomes the debut of Four Points by Sheraton in Parramatta, with a new 271 room, speciality-select hotel on George Street in the heart of Parramatta’s CBD. Four Points by Sheraton Parramatta will also feature a bar and lobby lounge with snack kiosk, a restaurant, parking facilities, an indoor swimming pool…
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Neighbourhood Shopping Centre Site Sells – 90-98 Glenmore Ridge Drive, Glenmore Park
Glenmore Ridge in Western Sydney is set to be the home of a brand new neighbourhood shopping centre, after Mintus Properties Pty Ltd purchased a 2.11 hectare site (approx.) for $7.22 million from Lensworth Glenmore Park Limited (a subsidiary of Stockland Development Pty Limited), within the aspirational master planned residential community of Glenmore Ridge. Located at 90-98 Glenmore Ridge Drive,…
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VentureCrowd and Clearstate raise close to $1 million in 4 hours
VentureCrowd, Australia’s original and most successful equity-based crowdfunding platform, and end-to-end residential property development company Clearstate, today announced the completion of an innovative crowdfunding deal that raised in excess of $900,000 for a major residential property development in Sydney. Unlike more typical property crowdfunding deals, which see investors buy equity in single homes or apartments, this is the first time in…
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LJ Hooker uses advanced exclusive technology to find buyers
An LJ Hooker agent has used an exclusive digital platform to sell a stagnant Cessnock property within eight days, claiming the marketing strategy exposed over 44,000 people to the property. LJ Hooker Cessnock | Kurri Kurri principal, Bryce Gibson, enlisted the help of LJ Hooker’s digital marketing strategy, One Click Away, to sell a home that was dormant in interest…
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