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Man-Built Island Mooted for Darwin's Nightcliff

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Wednesday, 07 August 2013 07:28

AN ISLAND with 200 residential lots could be developed off the coast of Darwin.

The Northern Territory Planning Minister Peter Chandler revealed in a Budget Estimates hearing last week that a man-made island is being considered off the Nightcliff foreshore.

He said the proposed development has been referred to the Planning Commission. Chairman Gary Nairn said Nightcliff Island would be developed about where Progress Drive turns into Casuarina Drive. The serene precinct is a northern suburb of Darwin.

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WA Government Unveils $9 Million Affordable Housing Complex, Bunbury, WA

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Friday, 09 August 2013 07:19

THREE years after demolishing the city's oldest lodging accommodation for homeless men, Yanget House, the West Australian state government has opened a new $9 million facility in Bunbury, about 175 kilometres south of Perth.

The $9 million facility at 25 Victoria Street will be operated by not for profit company Access Housing Australia. It will cater for low to moderate income earners. It will also be a drop in centre and used for crisis accommodation.

Bunbury Mayor David Smith said the triple-storey Victoria Street facility was a much improved step up from Yanget House which provided occupants with just a bed and small cupboard.

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Topshop and Zara Lodge Plans to Occupy Neighbouring Sites, Perth CBD

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Thursday, 08 August 2013 08:00

TWO of the world's biggest retailers may set up shop next door to each other - in a huge boost for the Perth CBD retail market.

Topshop has lodged plans for a double-storey, 2200 square metre shop in the city, at the western section of the Carillon City Arcade on Murray Street.

Some 35 stores would be demolished to make way for Topshop. The shop would extend through to Hay Street.

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Jamie Oliver Eyes Brutalist APBC Building, Adelaide, For Restaurant

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Thursday, 08 August 2013 08:00

CELEBRITY chef Jamie Oliver is considering opening a restaurant in Adelaide's Walkerville, on the lower levels of the former Highways Department buildings, a distinctive former office identified as one of the country's finest surviving examples of Brutalist architecture.

Melbourne-based Asian Pacific building corporation is refitting the former office in north-east Adelaide. The British chef has apparently investigated taking space in the building. The Walkerville site and two others, in the Adelaide CBD, are reportedly on the radar of Oliver's Pacific Restaurant Group. The space would trade as Jamie's Italian.

APBC chief executive Will Deague confirmed Oliver had inspected the space. He said an announcement about the retail tenancies will be announced later this year.

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Siemens Commits to Ex-Mitsubishi Site, Adelaide

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Wednesday, 07 August 2013 07:00

SIEMENS is the latest tenant to commit to Adelaide's new Tonsley Park industry hub - a government led redevelopment of a 61-hectare site for years a Mitsubishi Motors manufacturing plant.

Siemens will joint Flinders University and TAFE SA on the site, set to become a manufacturing cluster for businesses. Liberal Premier Jay Weatherall met with Siemens executives last May, according to The Adelaide Advertiser.

The former manufacturing site will also include education facilities and a residential component. The government approved a master plan in May 2012, and is committing more than $250 million.

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Buyer Pays $5.3m for Unfinished Gold Coast Mansion

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Tuesday, 06 August 2013 13:00

 

PERTH based civil engineer Riccardo Rizzi is understood to have paid $5.3 million for a Gold Coast mansion at one stage mooted to become one the country's most expensive homes.

The Tuscan inspired home at 26-32 Knightsbridge Avenue in Sovereign Island was auctioned on Tuesday after the ANZ bank repossessed it last October.

Former owners - accountant Clare Marks and husband, corporate lawyer Scott Tyne, are reported to have paid $9.4 million for the block in 2005.

 

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CBIM Selling 157 Ann Street, Brisbane, For $40 Million

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Tuesday, 06 August 2013 09:01

THE City of Brisbane Investment Corporation is reportedly close to selling a Brisbane CBD office at 157 Ann Street for about $40 million.

The 13-level, B-grade building was purchased by CBIC for $21.5 million in 2009.

A private investor, being represented by Sydney-based Anton Capital is in due diligence to buy the asset.

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