Imagine Hotels and Resorts unveils third property opening, Imagine Lighthouse, in the heart of Melbourne’s CBD, combining striking architectural design, superior finishes and all the modern comforts that you [...]
Dallas and Myra Grindrod step up take on the challenge of four buildings
by Leisa Toomey, General Manager, Walter Iezzi Property Group 23rd March, 2018
The Walter Iezzi Property Group has a longstanding association with Development on the Sunshine Coast and in the past few years it’s property management arm has undertaken a holiday and permanent re [...]
by Chris Novak - Nova House Realty 26th February, 2018
It is a topic that comes up in conversations with management rights owners very frequently; and understandably so, as a great deal of individual or family wealth can be tied up in this asset.
There are many reasons why a large majority of people buying motels today have been in the accommodation industry before. Many of the benefits of owning a motel are what keep people coming back to the [...]
WILL THE VACANCY FEE FOR FOREIGN OWNERS HAVE AN IMPACT ON SHORT TERM MANAGEMENT RIGHTS?
by Col Myers 20th February, 2018
Following a series of amendments in November 2017, foreign owners who have applied for FIRB approval after the 9th May 2017 may be liable for a “vacancy fee” where their residential properties are [...]
I have written previously about interest only finance and particularly the pros and cons of such a strategy. Setting aside the current pressure on lenders to restrict interest only funding I think it’s worth [...]
Aria Hotel sale caps off strong year for stand-out Canberra market
by Natasha Pierson - CBRE 08th February, 2018
Canberra’s hotel market continues to gain momentum as the nation’s stand out performer, with the sale of the Aria Hotel for $35 million capping off a strong year of sales activity for the nation&rsq [...]