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Luna Park for sale + mansion with secret UFC ring

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8 months ago

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EmailThis is what's moving in property this week.

To view this email as a web page, go here.

NEWS

1

Chinese foreign investment falls amid crackdown

US companies are pumping billions into Australia as Chinese foreign investment drops in both commercial proposals and residential real estate amid tighter national-interest rules.

2

‘Old and daggy’ best way to get on ladder

Apartments at the cheapest end of the property market have grown $100,000 in some capital cities over the past four years as the housing affordability challenge continues for buyers.

3

Sleeper suburbs are fertile ground for ‘bargain’ hunters

More affordable than Byron Bay and quieter than the Gold Coast, Kingscliff and Casuarina in northern NSW offer value for money to prestige property buyers.

4

AusSuper injects $500m into unique housing model

AustralianSuper and developer Assemble have committed to building more apartments under a model that allows tenants to eventually own their homes after starting out as renters.

MARKET MOVERS

Up for grabs: Luna Park’s potential billionaire buyers

Despite heavy restrictions on the iconic Luna Park site being listed for $70m, buyers could range from international leisure giants to local hospitality kings like Justin Hemmes.

Laser Clinics co-founder pulls top-priced listing

Sydney’s priciest weekend listing, a Mosman trophy home, was pulled on auction-eve by Babak Moini, co-founder of Laser Clinics Australia.

Mega $150m-plus development in affluent Vaucluse

On a hilltop, an ambitious developer reconstructs a large site into four luxury houses.

✣ PRESTIGE PROPERTY

Fight club, anyone?

This seven-bedroom stunner in Brisbane has a whopping 800sqm floorplan – and a secret bunker with a UFC ring. Asking price: $4 million-plus

Image overhaul: expand your horizons in the Kimberley

Clifftop villas and luxury glamping have seen wilderness park El Questro, once known for its wild parties among upper-crust Melbourne society, named as one of the world’s top 100 hotels.

COMMERCIAL PROPERTY

ASX finds Martin Place home in coup for strip

Question mark over prime Sydney site after historic club folds

Scentre teams with Barrenjoey for Tea Tree Plaza stake

$30m vision for historic North Adelaide site

NEWSLETTERS TODAY'S PAPER MIND GAMES THE AUSTRALIAN PLUS

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