Property development company CP1 Limited and joint venture partner the Raptis Group, have formed a special purpose vehicle, CIRA International Pty Ltd, to acquire the site of the Gold Coast International Hotel and northern adjacent land for $70 million.......
The up side for us in South East Queensland is that the residential market has commenced 2007 at a strong pace, continuing the increased level of activity which was witnessed throughout the latter part of 2006 and it doesn't look like taking the back seat......
Letting agents are already reporting increased demand for rental accommodation on the back of the recent two half-percentage-point interest rate increases, which could see the market revert back to the traditional 10% year rental escalations sooner rather......
The Gold Coasts population now stands at 526,300 according to the latest Midwood Report and it is expected to surge past 600,000 by 2010. The Midwood Report predicts the median age of Gold Coasters to rise from 37 years to 44 years by 2026.......