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Gold Coast family swap rural home for one near the ocean

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first_imgA family snapped up no. 16 Back St, Biggera Waters at auction last week.A YOUNG family will trade their rural lifestyle for one on the coastline after snapping up a waterfront home at auction.The Maudsland residents offered $1.2 million to secure the Biggera Waters property on Back St.They were one of four registered bidders vying for the property’s keys at an in-room auction event on Tuesday night. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45 An interested buyer from Sydney flew up to attend the auction.Mr Booth said the young family were determined to make the house theirs.“The water for them was a big reason,” he said.The double-storey residence fronts the canal and is a short walk to the Broadwater.It has high vaulted ceilings, an open floorplan, louvre windows and modern fixtures and fittings.The gourmet-style granite kitchen has a butler’s pantry while an upstairs balcony offers sweeping views of the picturesque canal.An entertainment deck and pool in the backyard overlook the water.The sellers built it as a “forever” home but never lived in it.“They bought the land and then they built the property on it,” Mr Booth said.Despite the downturn seen in property markets across the country, particularly Melbourne and Sydney, Mr Booth said the Gold Coast’s was performing quite well. MORE NEWS: New suburb in the running to become Coast’s most expensive [email protected] He said the Ray White Sovereign Islands office had recorded several million-dollar sales in the past few months.This includes an Arundel house that sold for $1.115 million in March, an Ephraim Island penthouse that fetched $1,927,500 in January as well as a Sovereign Islands mansion that was snapped up for $2.2 million in January. Mr Booth said a string of other properties had sold before auction, which showed there was still competition in the market.“I think there’s a lot of activity around at the moment, I think (the Coast) is bucking the trend, from my perspective,” he said.“It’s been a good start to the year.”center_img The near-new home hasn’t been lived in.Ray White Sovereign Islands agent Mitchell Booth said while it was the only property to sell under the hammer, many of the others had sold prior or were being negotiated with buyers after the event.“We had a really good turn out,” he said.“We had nine (properties) and of the nine, three of them had sold prior to auction.”Mr Booth said the five-bedroom Biggera Waters property, which was on the market for about a month before selling, attracted prospective buyers in droves.“We had 48 groups come through the property,” he said.“We had a group from Sydney fly up prior to the auction too.”The bidding started at $900,000 before quickly climbing to $1.2 million when the hammer came down. MORE NEWS: Waterfront home a real class act Four registered bidders were vying for the keys at auction on Tuesday night.More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago They were attracted to the home’s waterfront position. It sold for $1.2 million under the hammer.last_img read more

$600M in supplemental funds for GuySuCo D&I passed in Parliament

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first_img…as Govt lambasted for pre-emptive closure of sugar factoriesGovernment used its one seat majority to approve in the National Assembly a financial supplemental paper that would provide it with $2.5 billion in capital and current supplemental finances, but those efforts were staunchly examined by the Parliamentary Opposition.Opposition Parliamentarian Dharamkumar SeerajAt the sitting, Agriculture Minister Noel Holder was first in the line of fire. Asked to explain the $600 million being sought under line item one of the paper, Holder blamed the need for the money on the non-performing Guyana Sugar Corporation and the need to maintain drainage and irrigation at the estates. This, he noted, includes residential drainage.Opposition Parliamentarian Dharamkumar Seeraj lambasted the Government for closing the estates without undertaking adequate studies that would have ascertained the cost that would come with closing the estates. According to this Member of Parliament, Government is only now coming to terms with the costs of its decision.Agriculture Minister Noel Holder“We are only in the fifth month and already this Ministry (wants more money),” Seeraj said. “This indicates that this Ministry is unsure about what it’s doing. I would ask the Minister of Agriculture to explain how it intends spend this money.”Holder explained that the NDIA would be responsible for 26 additional drainage pump stations with 55 pumps; three additional pump stations with eight pumps; and the maintenance of 4,560 additional miles of drainage and irrigation canals, 1000 miles of access dams, and 760 bridges, among other things.A memorandum of understanding (MoU) signed between the two entities will see the NDIA contracting GuySuCo to maintain middle-walks and canals, and rebuilding access dams, among other things. The NDIA would supervise the works, while GuySuCo would provide the manpower for the work.Additionally, GuySuCo would provide a coordinating officer at each estate to inspect and verify the work.According to the supplemental paper, the money is being sought “to offset increased expenditure for National Drainage and Irrigation Authority arising from the transfer of drainage and irrigation responsibilities previously undertaken by GuySuCo.”While Holder was able to provide basic information on expenditure at the various estates since the beginning of the year, he ultimately had to commit to laying over certain documents in a week’s time.On that note, the sums were approved as part of the overall sums that ultimately were approved.The National Industrial and Commercial Investments Limited (NICL) has officially taken over the divested sugar estates.Some $30 billion had been sought by the state, with NICIL outlining earlier this year that the funding is expected to cover a four-year period to provide capital and support infrastructure maintenance and upgrades at Albion, Blairmont and Uitvlugt estates.The Special Purpose Unit (SPU) established under NICIL to oversee the divestment of the sugar corporation’s assets had selected London-based PricewaterhouseCoopers (PwC) to value GuySuCo’s assets, so that they could be sold to private investors.Government had, through State Minister Harmon, announced it would be keeping the divested estates running, since it would make more economic sense for investors wanting to buy the estates to see them functioning. Monies would therefore have to be allocated to keep the estates running.last_img read more

Where to spend the last day on Earth

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first_imgNo related posts. There have been movies and books about it, outrageous prophecies and simpler ones promising the ushering in of a new era, but for better or worse, the Mayan Calendar will end Dec. 21 spurring anticipation across the world.Contrary to the beliefs of some apocalypse theorists, no Mayan prophecy ever predicted world catastrophe on Dec. 21, 2012. What the date does signify is the end to the b’ak’tun, a unit of time in the Mayan calendar containing 144,000 days – more than 394 years. This will be the end of the 13th b’ak’tun, marking the end of the fourth world.There is debate among astronomers and scholars as to what exactly this means. Some scholars even reject the idea that it is the end of the calendar at all. Despite the uncertainty, the date certainly is not going to go unmarked.Whether you’re preparing for the fiery doom of the human race, the start of a new era of peace or just looking for a good party, here is a list of events around the country where you can spend the last day on Earth.End of the World EventsAfroKon: the release party for the book, “AfroKon: Wombvoliushan Poetry,” by Queen Nzinga Maxwell, Dec. 21, 8 p.m., Teatro Laurence Olivier, 100 meters south of the Pizza Hut on Paseo Colón, 2222-1034, www.AfroKon.net.Festival Fin Del Mundo Viejo: an artisan and gastronomy fair celebrating the ushering in of a new era, Dec. 17-23, Esterones de Sámara, https://www.facebook.com/events/333091793444803/.Midnight Conspiracy: say goodbye to the world with moody rock band Midnight Conspiracy, Dec. 21, 9 p.m., El Steinworth, on Calle 1 between Avenidas 0 and 1, San José, http://www.facebook.com/elsteinvorth.End of the World Party: celebrate the end of the world with DJ Sebas Serrut and plenty of drink specials, Dec. 21, 8 p.m., Bar Nena, San Pedro, San José, 8708-4772.Solstice Gathering 2012: a gathering for prayer, meditation and special ceremonies to embrace the new era, Dec. 20-21, PachaMama, located 10 km north of Nosara off the coastal road to Tamarindo between Ostional and San Juanillo, www.pachamama.com.Fin del Mundo Metal: rock out for the end of the world with live metal bands, Dec. 21, 9 p.m., Mundoloco El Chante, the southeast corner of Banco Popular, San Pedro, San José, 2253-4125. Facebook Commentslast_img read more