Companies bid to build Brisbane Metro 

  • By Peter Gordon
  • •
  • 18 Feb, 2019

With so much money being spent on infrastructure in SEQ it's not only great news for our clients who have already purchased here, but it also still has opportunity for property investments that are affordable compared to southern cities like Sydney and Melbourne.

On Tuesday, Brisbane City Council approved the resumption of four private properties on School Road at Rochedale.
The council first issued the notices to resume to the owners on June 29, 2018, and no objections were received from the property owners.
Opposition leader Peter Cumming criticised the available information on the resumptions, saying there was very little detail.

“I feel there could have been much more information given,” he said.
Public and Active Transport chairman Adrian Schrinner said the council would now make a formal application to the state government to finalise the property acquisition. “Sadly I can’t report that there has been any progress on the state government land that we need,” he said.
“But I hold hope that we will get there before too long.”

The state government owns a 4.5 hectare block of land at Rochedale needed for the depot as well as a 1600 square metre lot on Grey Street at South Brisbane needed to build the underground Cultural Centre station.

Cr Schrinner said the metro had progressed in other areas as well, with five different consortia putting in a proposal for the major infrastructure package, which would include the $315 million underground station at the Cultural Centre and a tunnel beneath Adelaide Street in Brisbane CBD. Cr Schrinner said people would be very familiar with a lot of these companies.

“The key construction firms that we would expect to be putting in proposals on this major project have shown a great level of interest and based,” he said. All of the submissions will now progress to the next stage, the request for proposal stage.

Cr Schrinner said once the formal tender process started h anticipated to shortlist during that process and then progress from there.
“The construction industry, the people who will partner with us to deliver this project are really showing us the highest level of interest so that’s a great outcome,” he said.
The $944 million Brisbane Metro will run over 21km with two new high-frequency, high-capacity lines, linking Eight Mile Plains to Roma Street and Royal Brisbane and Women's Hospital to the University of Queensland Lakes and all busway stations in between.

If you would like a preview of what opportunities we have in this growing market of SEQ please contact the team at Investo! https://bit.ly/2eA4Dkr

Article Brisbane Times By Ruth McCosker
October 17, 2018 https://bit.ly/2tkRa4Z

Introducing The Palms Estate, Cairns - The Northern Beach's Premier Address

By Peter Gordon • April 26, 2023

Quiet simply, the Palms is the place to buy!

The northern beaches of Cairns is the Nation's best location for property investors right now, and The Palms is the premier development in this boom region.

It has the best location being elevated and backing onto the rainforest. It will have amazing facilities with a shopping village, a primary school, parks and green open space, a water park and an expanse of wildlife corridors.

It has taken the developers three years to get planning approval for this unique development to be able to hit the market. There are only 300 lots spread across 85 acres of the best land in The Northern Beaches.  Residents will have an abundance of open space right at their doorstep.  The Palms is also the only Certified Enviro Development project in Far North Queensland.

> Cairns Snapshot

In the rivalry between Sydney and Melbourne, the winner is ... Brisbane

By Peter Gordon • April 20, 2023

Sydneysiders and Melburnians, put aside your equally outstanding flat whites for a moment. Stop bickering about whether great beaches beat cool laneways (they do) and desist from debating whether all baristas require waxed moustaches (ideally).

Because Brisbane is closing in on the title of Australia’s best city, and we must join forces to keep this subtropical upstart in its place.

Time  magazine recently named Brisvegas on its “World’s Greatest Places” list, and omitted our cities. It’s a huge shock (and who knew they still published Time  magazine?). But they might be onto something.

Time  points to the 2032 Olympic and Paralympic Games, which will be hosted in the maroon metropolis. Brisbane will do a fine job, even though it’ll baffle the world when rugby league is added to the schedule and Queensland is allowed to field its own team.

Time’s  most radical claim is that Brisbane is worth visiting now, but tourism is surging. Not only did Lin-Manuel Miranda recently drop in to catch Hamilton , but hundreds of Hamilfans flew up to watch his interview with Leigh Sales (presumably unaware that it would subsequently arrive on iView for free).

Incredible Lifestyle At An Affordable Price  Equity of approx $390K on completion

By Peter Gordon • April 6, 2023
This small duplex development just a short drive from Hervey Bay on Queensland’s beautiful Fraser Coast, offers an incredible lifestyle at an affordable price. With unprecedented demand and very limited supply, prices look set to skyrocket.

A leading local agent has appraised each side of these duplex's to be worth $665k on completion and rent for $495 per week. So that is massive potentail instant equity of up to $390K on completion, which is incredibly hard to find.
Show More
Share by: