Major Japan Builder Announces Eco-Friendly Coolum Residences, Sunshine Coast

HOMES which promise to provide “the most advanced eco-friendly design elements ever built in Australia” is being launched on the Sunshine Coast in Queensland.

The Coolum Residences will include photovoltaic roof tiles, insulated windows, wall ventilation and energy monitoring systems.

An announcement about the proposal and the developer – Japan’s largest home builder, Sekisui House, is copied below:

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Australia’s Biggest Council Blames Carbon Tax For Chunk of Upcoming Rate Rises

THE federal Labor government’s carbon tax has been blamed for a spike in rates, to be passed on by Australia’s largest council next financial year.

Brisbane Lord Mayor Graham Quirk said the average ratepayer will face an increase of $54.62 per annum – reflecting a 4.5 per cent jump.

Mr Quirk said this rate could have limited to $31.48 a year (representing 2.6 per cent) if the carbon tax was removed.

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Sentinel Spends $15.6 Million on Mackay Bulky Goods Complex, Queensland

SENTINEL Property Group has paid $15.6 million for the Northpoint Homemaker Centre in Mackay, Queensland.

The purchase is the second bulky goods complex acquired by the group in the state after it paid $25.75 million last December for The Zone complex at Rothwell.

The Mackay investment occupies a 29,191 square metre site, and has 11,407 square metres of net lettable retail area. It is leased to ten retailers including the listed Super Retail Group and The Good Guys.

The vendor according to the AFR which reported the deal was the 360 Capital Retail Fund.

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Half a Billion Invested Around Brisbane’s Queen Street Mall This Year

HALF a billion has been invested around Brisbane’s Queen Street Mall this year.

ISPT has been the biggest player, spending $100 million refurbishing the Wintergarden Shopping centre which included building a colourful thatched façade. The Melbourne based company also purchased a half share of the Myer Centre for $366 million, and invested another $60 million on the Broadway on the Mall complex.

Toward the casino the Blackstone owned Balad is selling 60 Queen Street for an expected price of between $30 million – $40 million.

The Brisbane City Council is looking to replicate Melbourne’s successful laneway retail concept with the Burnett Lane complex.

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