Listing

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The Melbourne estate agency Gray Johnson are offering a Mill Park development site near South Morang. The 9,908 sqm holding is vacant.

Offers close on the 18 Development Boulevard offering on 24 March with a price expectation in the high $4 millions.

The property has been recently rezoned as Residential Growth Zone – Schedule One which affords permission to build to a height of four storeys or 13.5 metres.

Gray Johnson director Matt Hoath says that the property would suit an apartment project.

“This property has been in multi-generational family ownership long term and the local council rezoned it as they favoured a high density residential project, rather than a commercial project, on the site which is adjoined on one side by parkland” Mr Hoath advises.

It is close to the Rivergum Shopping Centre.

The area is also well served for public transport including the Metro Rail extension to the north.
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The property has been in multi-generational family ownership with the local council rezoning it for a high density residential project

jchancellor

Mill Park apartment development site listed

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The most clicked property listing in Australia recently was an ultra-modern five-bedroom Toorak home.
Maybe it was all the Iris Cristal Bohemia chandeliers that attracted the property voyuers to the recently sold Dingle Partners listing.
The home at <a href="https://www.realestate.com.au/property-house-vic-toorak-119155971" target="_blank">6 Benson Ave, Toorak</a> is built over four levels with white Marmo glass floors, red onyx features, and Sicis mosaic wall tiles.
There is a water window feature too at the house.
The 606 sq m block cost $2.8 million in 2013 when bought by interests associated with Anna Eydlish.
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jchancellor-FAypfDUnLy

Iris Cristal Bohemia chandeliers aplenty in most clicked Toorak home

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Cleveland, the 1885 Darling Point residence of Dr Barry Barker, has been listed with $9 million plus hopes.
Built in 1885 by Robert Tooth, the seven bedroom, four bathroom trophy home has been renovated since it was last sold in 1996 for $2.35 million by the lawyer David Somervaille.
It was previously sold at $3.5 million in 1988 and then in 1994 for $2.1 million. 
It is listed with Ray White Double Bay agent Evan Williams. 
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Cleveland, Robert Tooth's 1885 Darling Point trophy home, listed

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Origin Energy chief executive Grant King and his wife Jenny have a $1.7 million price on their redundant Pittwater retreat.
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The Neutral Bay couple now own a pricier Palm Beach beachfront. 
<a href="https://palmbeach.ljhooker.com.au/33MF6Z/11-coasters-retreat-coasters-retreat" target="_blank">The waterfront reserve Coasters Retreat cottage </a>was bought in 1995 for $307,500 before its extensive renovation and extension. 
Accessed only by boat or a regular ferry service from Palm Beach, Noel Nicholson, of LJ Hooker Palm Beach, has the listing.
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Waterfront Pittwater retreat listed 

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The private investor David Kingston has his Whitsundays island listed with $20 million hopes.
Long Island Resort was originally developed by Contiki.
Kingston, a former managing director of investment bank Rothschilds, has owned it for the past two decades.
The island will be offered for sale with the Club Crocodile Airlie Beach Resort which could bring up to $9 million through Wayne Bunz and Hayley Manvell of CBRE Hotels to market the properties with Christie Leet of PRD Nationwide Airlie Beach.
The 8-hectare property has opportunities for expansion.
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David Kingston lists Long Island, in the Whitsundays

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Origin Energy chief executive Grant King and his wife Jenny have a $1.7 million price on their redundant Pittwater retreat.
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The Neutral Bay couple now own a pricier Palm Beach beachfront. 
<a href="https://palmbeach.ljhooker.com.au/33MF6Z/11-coasters-retreat-coasters-retreat" target="_blank">The waterfront reserve Coasters Retreat cottage </a>was bought it in 1995 for $307,500 before its extensive renovation and extension. 
Accessed only by boat or a regular ferry service from Palm Beach, Noel Nicholson, of LJ Hooker Palm Beach, has the listing.
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Modernised Coasters Retreat cottage with $1.7 million asking price

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La Campagna Winery, on 28 hectares at 176 Rogers Road at Cape Schanck, remains <a href="https://www.realestate.com.au/property-house-vic-cape+schanck-119733155" target="_blank">listed with $4 million plus hopes</a>. 
The Tuscan-style Mornington Peninsula estate has grapevines, a trattoria with pizza oven, seating for 70 patrons and space for larger functions. There are also 2500 olive trees. 
The 176 Rogers Road property comes with eatery management at the ready, should the new owner desire, according to Kay &amp; Burton’s David Heathcote. 
There are nine acres of grapevines in full production.
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La Campagna Winery remains listed on Mornington Peninsula

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Rent.com.au has listed on the Australia Securities Exchange after a backdoor takeover of former copper, gold and nickel explorer Select Exploration.
Rent.com.au has raised $5 million in new equity, at 20¢ a share. In opening morning trade it was at 21 cents.
The site, which markets itself as the home for rentals, claims about 80% of national real estate agent rental listings.
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<div class="cq-article-content-media section">Its chief executive Mark Woschnak hopes the big opportunity will the non-agent diy market, which he said represented 46 per cent of all rentals.</div>
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There will be 88 million shares on issue, with the newly raised capital representing 28.4% of Rent.com.au. 
Since 2007 the company has invested more than $10 million in developing technology, content and alliances, according to The Australian Financial Review.
The website received about 230,000 unique visitors a month, with its intention to expand into Asia.
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The rental property market in Australia: 
30% of Australia’s population (7 million people) rent; 
primarily key 18-35 demographic; 
Over 2.6 million rental properties in Australia; 
1.4 million properties managed by ~10,000 property agencies; 
1.2 million properties self-managed by ~1 million non-agent landlords;
Average lease turnover is ˂12 months;
3 million annual rental transactions represents 5x the number of home sales;
44% of real estate agency revenue is derived from property management;
Over 50% of all rental advertising is offline; non-agent landlords traditionally advertise in print media and other offline sources.
Rent.com.au is currently a top 10 national property website with 55,000 active property listings and 6,000 national property rental agencies registered.
Around 50% of traffic is now via mobile or tablet.
The RNT website is targeting one million renters to its site within five years, with transactions between $15 and $40 per service.
Its rental pricing notes $219 for a three day newspaper run vs $99 for a 4 week rent.com.au listen saying rent.com.au offers a unique audience: as 45% of its traffic does not go to realestate.com.au and 60% does not go to domain.com.au.
A third of Australians are currently renting property, but a new Nielsen report from Domain.com.au has revealed that the Northern Territory has the highest percentage of renters in the country (43%), followed by Queensland (37%).  While the Sydney and Melbourne property markets are the most talked about in the country, the percentage of people renting in the states is significantly lower, with more renters in NSW (33%) than in Victoria (28%).
Tasmania has the lowest percentage of renters in the country with only a fifth (20%) of the state currently renting.  The Domain data suggests that renting is a temporary, transitory experience, highlighted by 47% of Australians having lived in their current rental property for less than two years.
Only 27% of Australians have been in their rental property for more than five years. 
Percentage of renters, by state: 
 
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<li>33% of ACT residents over 18 are renting</li>
<li>27% of West Australian residents over 18 are renting</li>
<li>27% of South Australian residents over 18 are renting</li>
<li>43% of Northern Territory residents over 18 are renting</li>
<li>36% of Queensland residents over 18 are renting </li>
<li>20% of Tasmanian residents over 18 are renting </li>
<li>33% of New South Wales residents over 18 are renting </li>
<li>28% of Victorian residents over 18 are renting</li>
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Rent.com.au lists on ASX

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An impressive bayside three level Black Rock property has hit the market.
Set at <a href="https://www.domain.com.au/property/for-sale/house/vic/black-rock/?adid=2011973836" target="_blank" style="line-height: 1.3em;">330 Beach Road</a>, it is for private sale, asking $6 million. It includes an indoor swimming pool, basement theatre with bar and a games pavilion.
It offers an 845 square metres of internal living area on its 789 square metre block.
Century Bentleigh 21's Harold Laver is the marketing agent.
It is the builder’s own home. 
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