An exclusive enclave on the Sunshine Coast is luring sunseekers

Posted On Oct 6 2020 by

first_imgSage Landing at Buderim on the Sunshine CoastSage Landing is located in a secluded cul-de-sac and offers both single-level, low set homes as well as larger, double-storey contemporary floorplans.Mr Reed said renowned local civil construction company Hall Contracting had been appointed to carry out the civil works, which will see the creation of the initial release of 13 lots.House and land packages at Sage Landing are selling now starting from $835,000, with first settlements expected in March 2018. Sage Landing at Buderim on the Sunshine Coast is 40 per cent sold, with construction underway in what is an exclusive enclave.CONSTRUCTION is underway at Sage Landing on the Sunshine Coast, with 40 per cent sold since the launch of the project in May.HMR Projects director Ken Reed said the response from the market had been positive with a number of other lots receiving keen interest from both local Buderim residents looking to downsize and interstate buyers wanting to move. Sage Landing at Buderim on the Sunshine Coast“As long-term Sunshine Coast locals and Buderim residents ourselves, we’ve made a conscious effort to design a development that incorporates the best of Buderim living, capitalising on the village lifestyle and the leafy surrounds,” Mr Reed said.“We had long been looking for a site to build a limited number of quality homes within easy walking distance of the village and it’s great to see the sod turned and civil works commencing as Sage Landing comes to fruition.” More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor1 hour agoSage Landing at Buderim on the Sunshine CoastRay White Buderim real estate agent Lew Pottinger said the commencement of construction marked a significant milestone for both the development and the Buderim housing market as a whole.“Over the past few decades there has been a limited number of subdivisions on top of Buderim, and of these, the majority have centred on expansive homes that require a lot of upkeep in terms of lawns and other maintenance,” Mr Pottinger said.“While Sage Landing’s high-end homes are still spacious enough to accommodate families or couples, the development has been specifically designed to be low maintenance, making it more manageable for occupants.“This isn’t an offering we see every day in Buderim and there really is no comparative product on the market at present.” Sage Landing at Buderim on the Sunshine CoastMr Pottinger said just eight home and land offerings currently remained at Sage Landing.“In addition to the low maintenance properties, one of the biggest attractions for buyers so far has proved to be the privacy the development affords,” Mr Pottinger said.“Sage Landing is very much its own private enclave; however, there are no body corporate costs and the development is still within easy walking distance of Buderim’s cafes, boutique retail outlets and the beautiful Buderim to Palmwoods tramway walking trail, thus combining the best of both worlds.” last_img read more

Irish pension provider to shut staff pension schemes

Posted On Sep 29 2020 by

first_imgIrish Life and parent company Great-West Lifeco of Canada were “clearly prioritising the health of their balance sheets over the retirement security of their workers”, Unite’s regional coordinating officer Richie Browne said.He added: “As Ireland’s largest pension provider, Irish Life has been trusted for decades to provide income security in retirement. Yet now it has unilaterally decided to deny its own workers that same security.”Browne claimed that employees would have to pay between 20% and 40% of salary into the DC scheme if they were to achieve an income in retirement comparable to the benefits offered by the DB funds.As of 31 December 2016, Irish Life’s DB schemes had roughly €1.2bn in assets and were 99.8% funded, according to its most recent financial report.Irish Life said in a statement: “Full details [of the switch to DC] will be given to those members impacted by the changes over the coming weeks by letter and through briefing sessions.” One of Ireland’s leading financial services providers is to shut its defined benefit (DB) pension schemes for staff.Irish Life plans to close two schemes to future accrual on 30 June this year, the company said in a statement. The schemes’ trustees have agreed to transfer members’ accrual to a new defined contribution (DC) scheme.The decision followed “a detailed review of the liabilities and costs of the schemes”, the company said.However, workers’ union Unite criticised the decision, claiming that the schemes were in surplus and threatening strike action over the closure. The Cliffs of Moher, IrelandSource: E Mersinger Auto-enrolment coming to IrelandIreland’s government is currently considering the introduction of automatic enrolment into workplace pension schemes.Irish Life has been a vocal advocate of the policy, and chief executive David Harney last week declared that the group was “look[ing] forward to playing an active part in any future consultation process to help solve one of the biggest challenges facing Ireland’s ageing population”.Private pension coverage in Ireland fell from 51% in 2009 to 47% in 2017, the company said.However, Unite urged the provider to “clean up its own act” before getting involved with auto-enrolment “or face the prospect of industrial action”.last_img read more

Growth spurt for Greenbank

Posted On Sep 28 2020 by

first_imgMore from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours agoIntrapac’s Harvest Rise development at Greenbank is already under construction.Intrapac spokesman Max Shifman said they chose Greenbank for many reasons, including its proximity to the established areas of the suburb.“There are a lot of great reasons to be in that side of the corridor in terms of location to natural features, great motorway access, obviously connectivity into the Gold Coast and so forth,” Mr Shifman said. “Greenbank is a very large suburb, so we’re the closest new development to the established area.”Villa World’s Covella estate is the developer’s largest Queensland project, providing 1502 lots at Greenbank and has sold 90 blocks since its launch late last year. Peet Limited’s Spring Mountain acreage estate will eventually be home to about 1000 houses.“As the suburbs nearby become more densely developed, many buyers look at the cost of a standard suburban block and realise they only pay about 20 per cent more for 10 times more land at Spring Mountain,” Mr Gore said. “It is a rare opportunity for anyone who loves the dream of tree-change living – from singles and families with young children, to empty nesters and active retirees.”More than 1500 people live at Spring Mountain Acreage Estate in more than 600 homes, with another 40 new homes under construction. When fully developed, the community will include about 1000 homes. 17/06/2008 LIBRARY: Generic construction industry worker on ladder inspecting timber frame of house during its construction at Mirvac’s Ormiston Springs development at Gordon Street 23 Jan 2002.A new community of almost 3300 homes and a “green heart” at Greenbank is set to form part of the Greater Flagstone Priority Development Area.Mirvac will join a growing number of developers already investing in the suburb, with one of the largest projects, Everleigh, to be offered to the market by the end of the year.Greenbank is 39km from the Brisbane CBD, and the Greater Flagstone PDA aims to provide about 50,000 dwellings to house an additional 120,000 people by 2031.According to the Queensland Government Statistician’s Office, Greenbank’s population is expected to grow nearly 630 per cent by 2036 to 55,959 which is a massive increase compared to the growth between 2011 and 2016 of just 5 per cent.Along with new housing, the master plannedEverleigh community will deliver amenities including a State Government primary school, retail centre, health facility and public open space with 85ha of conservation parkland.Mirvac Queensland residential general manager Warwick Bible said construction work had started on stage one of the development.Mr Bible said the new community would have a “green heart”, with 25 per cent of the site dedicated to open space.“The community will include an 85ha conservation parkland, which will be linked to existing Logan City Council-owned conservation land via extended walking trails, approximately 25ha of regional sports and recreation parks and a series of neighbourhood and linear parks,” he said.Meanwhile, Intrapac’s Harvest Rise is 25 per cent completed, and will account for 440 of the almost 56,000 new homes in Greenbank.center_img And so is Villa World’s Covella estate.Villa World CEO and managing director Craig Treasure said the company was catering to the demand for affordable housing across the Logan corridor. “We’re seeing a long-term demand for housing in this marketplace with the growth of urban centres such as Greater Springfield,” Mr Treasure said. Covella will be developed in 27 stages over the next seven years and will eventually be home to about 4000 people.Peet’s Spring Mountain Acreage Estate will provide about 1000 additional homes upon completion. Peet Limited managing director and CEO Brendan Gore said while the estate was part of the Greater Flagstone Priority Development Area, they were avoiding pressures of growing density and instead were providing more spacious lot sizes.last_img read more