October 12, 2020
  • 4:41 am Five signs your investment property is being used as a drug lab
  • 4:40 am Townsville property market back on track after Cyclone Debbie
  • 4:40 am Brisbane buyers seeking a perfect slice of real estate in Sherwood
  • 4:32 am Auctions can be a very serious affair, although some can be downright hysterical
  • 4:27 am A newly built Ascot home which had a brush with celebrity has sold under the hammer

first_imgJust living in a home which hasn’t been cleaned up after heavy meth users can be a health hazard.She said be cautious of suspicious dealings with tenants. While as a landlord it might be nice to find a tenant willing to pay rent for months in advance, it may also be a way to keep the landlord “off their backs’’ and leave no paper trail for the authorities.Ms Parrella said landlords who were suspicious of illegal activity should contact authorities immediately and not confront the tenant directly.“The non-visible damage cost, such as the forensic cleaning required on a property that has beenused to manufacture chemical substances, is often one of the most expensive,’’ Ms Parrella said. If your tenant has used your home as a drug lab the clean up could cost thousand.HUNDREDS of investment properties across Queensland could be meth time bombs with experts warning clean up costs could run into the thousands.Australia’s meth use has tripled in the past five years, and according to one industry testing group that means the number of clandestine drug labs would also be on the rise.Bryan Goodall, the national sales manager for Octief, environmental and occupational hygienists, which test properties for chemical residue from methamphetamines, said it was a growing issue.Some home buyers were so concerned about it they included meth testing in their home purchase due diligence, along with the standard building and pest inspections.Mr Goodall said there were some tell take signs a home had been used for drug manufacture.The biggest sign was an unusual chemical smell. SURPRISE TWIST AMID HOUSE PRICE RECORD BRISBANE LAND VALUATIONS: THE ONLY PLACE TO DROP “Like ammonia or acetone, it almost smells of cat urine, it is not particularly a nice smell,’’ he said.“It can also be large amounts of strange rubbish around the property, things like pseudoephedrine packets, or Sudafed packets, cold and flu tablets around.’’Mr Goodall said strange bottles and jars could also be an indication.From the outside, windows that are covered up and elaborate security systems could be warning signs. Most people don’t have an abundance of test tubes and glass flaks in their home – it could be a warning sign of illegal activity.While there may be tell tale signs for former drug labs Mr Goodall said the bigger emerging problem was homes which meth users had lived and smoked in.Those often had no tell tale signs of the potential chemical time bomb future tenants could be exposed to.He said a recent case in New Zealand was detected only after the children living in the home became ill.Clean up costs for a “meth house’’ could be enormous, from $10,000 for low level contamination and much more for higher levels. Mr Goodall said in some cases walls or homes could need to be demolished. Mr Goodall said, kitchens, garages and bathrooms were the most common rooms used by illegal drug lab operators. Visible damage such as fading paintwork could be a sign of drug cultivation.“Intense lighting which is used in hydroponics could cause visible fading to paintwork,’’ she said.“Similarly, look for signs of water damage – such as warped walls and floorboards, or stained carpets – because there’s a chance it could be more than just a leaky roof.” Unusual items on site should also ring alarm bells.Ms Parrella said most homes did not have an assortment of glass flasks, beakers and rubber tubing or chemical containers lying around, if you spot plenty of these it could be cause for concern. Unusual or a large number of empty chemical bottles could be a sign not everything is on the up and up.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 investor7 hours agoTerri Scheer Insurance executive manager, Carolyn Parrella listed five warning signs your investment property could be used for drug production from marijuana to meth.She said unauthorised modifications to the property could be a sign. In the case of marijuana production hydroponic set ups may require pipes or hoses to be filtered through the roof or the property’s man hole.“Unexplained holes in the ceiling could be a sign of hidden systems,’’ she said. Irregular activity could be an indication and she advised during property inspections you should look for signs that the property is being lived in.“Drug manufacturers may not live in the properties they are using to cultivate drugs,” Ms Parrella said.last_img read more

READ MORE

first_imgTess Sellwood is selling the Plant Street property which will head to auction on Tuesday night.TOWNSVILLE’S property market is back on track after a week of closures, pulled auction events and open homes.While the city escaped the wrath of Tropical Cyclone Debbie, the impending storm did manage to send Townsville’s property market into a spin as agents and vendors alike prepared for the worst.From cancelled open homes, the removal of signage, packaging up of loaned furniture, cancelling auctions and cyclone proofing homes on the market, Townsville real estate came to a temporary standstill.Keyes & Co principal Damien Keyes said Townsville only marginally escaped what could have been detrimental for an already struggling real estate market. “We are extremely lucky that the cyclone didn’t hit us,” he said.“Even just putting sales aside for a moment, our rental market would have faced issues having to deal with all the damage..“On the sales side, and that’s despite the cyclone missing Townsville, we’ve had people holding off on sales, people who didn’t want to put offers in because they didn’t want to purchase a damaged home.“So yes, the cyclone certainly slowed things down.”More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Mr Keyes said his firm also rescheduled their auction night to this coming Tuesday. “We still have four properties heading to auction on Tuesday night,” he said.“Hopefully, the extra week will get a few more buyers down on the night.” Among the properties to be auctioned is former House of the Week, 164 Kings Road, Mysterton and 1B Plant Street in West End, a modern-day Queenslander sold by Tess Sellwood (pictured). But while some agents played it on the safe side this week, Tracey Stack and Emma Nancarrow from McGrath Estate Agents decided to power ahead — storm or not. “We decided to forge ahead as the market never sleeps,” she said.“In fact, people would have used the extra days off to look at properties because they had the time to do so.“That was reflected in our open homes which had no less than eight and maximum of 12 potential buyers attend. Those are big numbers in our market and shows that genuine buyers were out and about.”last_img read more

READ MORE

first_img6 Cormack St, Sherwood.This beautiful highset family home at 6 Cormack St, Sherwood captures deluxe modern living with a resort-style appeal.Set on 405sq m, living spaces within the home include a purpose built media room and large study. One of the bedrooms at 6 Cormack St, Sherwood.The elegant, character-inspired home was constructed in 2014 with its sister construction next door at number 8 Cormack St built in 2012.“Both homes have been constructed masterfully and feature beautiful ornate timber workmanship across the frontage providing the home with a unique and modern feel while capturing the character and essence of the local surrounding area,” Mr Wiggett said. 6 Cormack St, Sherwood.Parents can enjoy the spacious master retreat providing a walk-in robe, large private ensuite with sweeping suburb views.Selling agent Charles Wiggett, from Brisbane Real Estate – Indooroopilly, said there were a lot of active buyers out there at present seeking a perfect slice of real estate in this ever popular and highly sought after pocket of Brisbane.“Interest remains high as stock levels are low resulting in strong buyer competition,” Mr Wiggett said. The large living area at 6 Cormack St, Sherwood.The dining and lounge areas blend seamlessly with the kitchen and outdoor entertainment spaces.There are four decent-sized bedrooms which include the master with built ins, fans and ducted airconditioning.More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019 The well designed home at 6 Cormack St, Sherwood.The home would appeal to families and executive couples, or investors seeking entry into a prestigious family friendly locale, he said.“The current owners intend to leave this splendid family home to explore a new and exciting family chapter abroad,” Mr Wiggett said.last_img read more

READ MORE

first_imgAuctions are usually pretty serious but sometimes they can just be hysterical, according to Haesley Cush.AS auction numbers around the country are about to explode I thought I’d share some of the funnier auction stories I’d seen over the years. What prompted me to think about this was last week I was mid call with a bid in the high six hundred thousands and a buyer asked ‘what’s the bid?’, now to lighten the mood I said ‘umm $953,000’’, the crowd laughed, he smirked. “No sir the bid is actually $690,000,’’ I corrected. To which he replied ‘‘OK then, add the $953 on top’.Touche! this took the bid to $690,953, much to the delight of the enormous crowd. It went on the sell for $725,000.A month or so ago I was at a house in Graceville. Bidding had opened and the bid was $600,000. A bidder raised his card and I heard “sixteen”.“‘Good strategy,’’ I replied and raised the bid to $616,000.“No!’ Yelled the man, ‘six teen’.’’“Yes sir,” I replied, “I have taken your $16,000. It’s unorthodox, but I like your style,” I said while trying to lighten the mood and not really sure why he was getting worked up. 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 ago“No, you #!#initialState#amp;@ing !#initialState#amp;@?, Tin, I am bidding another tin thousand to six tin.’’Oh boy, it dawned on me, I’d misheard the kiwi accent and he wanted to bid to $610,000. I apologised, he smiled and it eventually sold to someone else for $630,000 – a rare win for the Aussies. You never know how the crowd will behave and what they’ll shout out at auction, according to Haesley Cush.Regular tactics can include people dressing up or dressing down, bidding really fast or super slow and being overly aggressive or ultra friendly. There really is no consistency.I remember an auction in the early 2000s. It was for a hobby farm outside of Brisbane. A beautifully groomed couple attended the auction to buy it. The younger female partner was glowing with energy and as the auction started she started bidding.The interesting bit was, she wouldn’t stop, over and over she called out increase after increase on her own bids, to the sheer delight of the crowd and the owners. Far be it for the auctioneer to stop an enthusiastic bidder from paying more.They were of course the eventual winners and their post auction celebratory embrace was nearly as exciting as their bidding.With auction numbers about to peak, be on the look out for the strange, the weird and the wonderful auction strategies. I’ll report back with some others in the coming weeks.last_img read more

READ MORE

first_img142 Yabba St, Ascot 142 Yabba St, AscotThere is an outdoor entertainment space which has a built-in barbecue and swimming pool. The home was listed through Dwight Ferguson and Alexander Shean of Ray White – Ascot. 142 Yabba St, AscotThat small cottage was knocked down and they set about building a Hamptons style home on the site.The new five-bedroom home was on a 708sq m block.The two-level home has a central kitchen with dual ovens, steam oven and induction cooktop, and a walk-through butler’s pantry. 142 Yabba St, AscotMore from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour agoNew apartments released at idyllic retirement community Samford Grove Presented by Owner, builder Brett Boulton and his wife Arlia, lived in the original house on the site for a couple of years and actually sat in the lounge room and watched the movie, and spotted the room in the film. REAL ESTATE: 142 Yabba Street, AscotIN all six bidders registered to try and secure the newly built Ascot home which sold under the hammer for a massive $3.355 million.The home may be a far cry from Hollywood but it had its own brush with Hollywood fame.The original property on the site at 142 Yabba St, featured in the Dwayne “The Rock” Johnson movie, San Andreas, which was shot in Australia.last_img read more

READ MORE

first_imgThis home at 22 Golden Rain Place, Stretton, sold for $845,000.This home has achieved the second highest sale price for a lowset house in Stretton in the past six months. There is a spacious lounge.Mr Chen said sales have slowed down in the area, but he said it is now at a more natural rate.“This time last year it was crazy. We had about 10 offers for every home but now it is three to four, which is healthy,” he said. The kitchen at 22 Golden Rain Place, Stretton.Place Sunnybank principal Owen Chen said the 22 Golden Rain Place home sold under the hammer for $845,000 and attributed it to the fact the home had a “unique” feel for the area.“The owner had spent a lot of time and effort making it resort-like property, which does not happen often in this area,” he said.More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019 The master bedroom has an ensuite.About 30 groups viewed the home over four weeks, with four registered bidders at auction.The buyers – a family with teenage children – were drawn to the relaxed resort vibe of the extensively renovated and landscaped property. There is an open plan kitchen and dining, leading out to an outdoor entertainment area.The agent said stock in the area was low, but it isn’t such a bad thing.“If we have an oversupply issue like in the city, we could see a crash in the market, but because stock on the south side is still very tight, we will see steady growth,” he said.last_img read more

READ MORE

first_imgChevron OneMore than $33 million in sales have been recorded at Chevron One, the first apartment tower to offer island living just minutes from Surfers Paradise.Owner occupiers, in particular, have embraced the $260 million arts-inspired residential tower, with 26 apartments, including a $3.25 million sub-penthouse, sold since its official launch.The 247-apartment tower is being developed by Melbourne-based Bensons Property Group.Bensons’ Property Group managing director Rick Curtis said he was delighted with the enthusiastic market response to the 40-level Chevron One. “Chevron One is very much a place to live, not just to stay, and that approach is reflected in the scale and design of each apartment and the superb resort-style facilities that residents have just below,” Mr Curtis said. “We believe Chevron One has captured the best of both worlds by delivering apartment living in a vibrant island community just a short walk to everything Surfers Paradise has to offer.”More from news02:37International architect Desmond Brooks selling luxury beach villa17 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoChevron One is located close to HOTA (Home of the Arts, the Arts Centre Gold Coast), and has incorporated specially-curated art into residents’ communal spaces. The spaces will include an extensive art collection including sculptural works by artists such as James Parrett and Deborah Halpern.Chevron One, which was designed by Marchese Partners, offers a range of one, two, three and four-bedroom apartments wrapped in wave-inspired architecture.Each apartment features seamless indoor to outdoor living spaces complemented by contemporary finishes such as stone benchtops, timber floors, luxurious bathrooms and kitchens designed by award-winning celebrity chef Shannon Bennett.Apartments will overlook the Surfers Paradise skyline, the ocean, Nerang River and the hinterland depending on their location within the tower.It will be constructed within easy walking distance of the beach, and just 500m from the entertainment and light rail in Surfers Paradise.Residents’ facilities will be located at Club One, and will include indoor and outdoor pools, a barbecue area, al fresco dining, gymnasium, yoga and sculpture garden, outdoor cinema, residents’ lounge and bicycle racks.Chevron One is the first Queensland project for Bensons Property Group. Apartments start from $455,000 for one-bedroom to $3.2 million for the four-bedroom residences.Construction is scheduled to be completed by early 2021.last_img read more

READ MORE