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Gold Coast Market
Alan keeps you informed!
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Watch Alan's latest video!
If you are interested in chatting to Alan about the property market please contact him on 07 55702 300 or 0438 606 260 or email
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HAVE YOU BEEN THINKING OF SELLING YOUR UNIT LATELY?
Get REAL action from an agent you can trust!
Alan
McGillivray Real Estate is one of Australia's most reputable and experienced property agencies on the Gold Coast. The agency is headed by
Alan
McGillivray.
Alan has been involved in real estate for over 40 years. An active member of the property sector,
Alan has held senior positions with business associations, and the REIQ including, the role of Chairman.
Contact
Alan on (07) 55702 300 or 0438 606 260
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MILITARY-grade security bollards that rise out of the ground will start being installed in Surfers Paradise from today to protect pedestrians from vehicle attacks during major events.
Mayor Tom Tate set aside $500,000 in the 2017-18 budget to purchase more than a dozen heavy-duty retractable bollards "to enhance existing security measures and public safety".
They'll be placed at the roundabouts at Hanlan Street and the Soul building and will be used to protect crowds during large-scale events such as Schoolies, the GC600 and New Year's Eve celebrations.
The Mayor had previously said the bollards would be in place by the end of 2017.
A short section of the Esplanade will be closed to traffic for up to seven weeks while they are installed.
Cr Tate said the bollards, similar to the one featured in the video below, were strong enough to stop a high speed truck and still be able to retract and pop-up for the next event.
"We've go to learn from what's happening around the world," the Mayor said when announcing the new anti-terror measure in 2017.
"We will spare no money to ensure the safety of residents and our visitors.
"These high-impact bollards can repel the force of a large heavy goods vehicle, stopping it in its tracks and saving lives.
"Together with our extensive CCTV network, these bollards will make people feel safer as they enjoy our wonderful city."
While the added security measure is not specific to the Gold Coast 2018 Commonwealth Games, Cr Tate said the bollards would be in place in time for the opening ceremony.
He said council had been working on the concept for about 12 months.
It's understood council is also considering placing the bollards in Broadbeach and Coolangatta.
"I expect we will invest further in other areas across the city as public safety is paramount," Cr Tate said.
Source: www.mygc.com.au
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Free Property Appraisals with no obligation
Property values and unit prices change with the market, so get a view of your current unit value by receiving your free property appraisal below...
Our no-obligation, free property appraisal service includes:
- An appraisal of what your property is worth in today's market
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- Beyond the appraisal, we can keep you up to date with the property market
Simply click on the link below and complete the form and we'll do everything else!
Free Property Appraisals with no obligation!
If you would prefer to speak to Alan in person, please phone (07) 55 70 2300.
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Around the Coast...
Queensland's property flipping hotspots rise as profits roll in
PROPERTY flipping is on the rise with profit hotspots emerging across three parts of South East Queensland.
A massive 90 per cent of properties flipped last year - that is, bought and re-sold within one to two years of purchase - went for a profit across Brisbane, with the figure sitting at 88.3 per cent in regional Queensland.
The latest CoreLogic data found three hotspots had emerged in the state - the Gold Coast, Moreton Bay North and Ipswich.
"Property flipping was most prevalent in the Gold Coast, comprising 7.9 per cent of re-sales for properties held between one and two years," according to CoreLogic's Flipping Report, released yesterday.
The GC region also experienced Queensland's biggest growth in flipping, up 1.3 per cent over the previous year's data.
Queensland's highest percentage of successful flips came from Moreton Bay North in 2017, where 95.6 per cent of properties re-sold within two years were profitable.
And for those in the market for a quickie, the area that was able to deliver the highest percentage of properties bought and flipped for a profit in under a year was Ipswich (92.7 per cent).
According to the report, short term property trading profits come off "buying undervalued property and reselling at a higher price, buying property at market value and riding the capital growth curve, or by adding value to the property in some way (renovation, subdivision, development approval etc)".
CoreLogic warned that flippers needed to take into account transactional costs such as stamp duty and conveyancing, as well as selling costs like marketing and real estate agent commission, plus interest payments on the debt as well as capital gains tax on the profit.
"When housing markets are running hot, it makes sense that flipping would become more popular while when a market is weaker, owners are likely to have to hold onto properties for longer in order to return a profit."
Queensland's worst place to flip properties owned between one to two years was Townsville last year where 48.8 per cent were losses.
Across the combined capitals, property flipping has gone from 5.1 per cent in 2012 to 5.7 per cent last year - a rise that was being mirrored across regional Australia as well, the report said.
Renovation queen Cherie Barber has worked on over 100 flipped projects and trained hundreds of Queenslanders to "manufacture equity" in property through renovations and upgrades.
"You can buy a profitable property at any time, but not every property on the market will be profitable," she warned potential flippers.
Source: www.goldcoastbulletin.com.au
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About Us
Alan McGillivray Real Estate
- Experience and Knowledge of the area you can TRUST!
Alan McGillivray Real Estate is one of Australia's most reputable and experienced property agencies on the Gold Coast. The agency is headed by Alan McGillivray. Alan has been involved in real estate for over 40 years. An active member of the property sector, Alan has held senior positions with business associations, and the REIQ including, the role of Chairman. Alan's experience is experience you can trust.
A
lan McGillivray Real Estate
Shop 23, Surfers International,
Hanlan Street,
Surfers Paradise,
Queensland 4217
Ph: (07) 55702 300
Fax: (07)55382 254
Mob: 0438 606 260
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Contact Alan personally!
Office: 55702 300
Mobile: 0438 606 260
Visit our new
rp.connect
page to find out more about Alan McGillivray, new listings, blogs
and mo
re!
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Celebrity Real Estate 2018: Peak inside their lavish homes
Mindy Kaling, Bruce Willis and More Celebrities Who Listed Amazing Real Estate in 2018: Pics
Click on the link below to view who listed and the images!
Source: www.usmagazine.com
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Feature Properties
Finance available for approved purchases.
- 10% deposit for investment purchases
- 5% deposit for owner occupier purchases.
Surfers Paradise $295,000
1 bed | 1 bath | 1 car
This one bedroom unit being sold furnished.
 Opposite beach, handy to new tram system, shops. Is presently permanently rented. The unit is in an excellent location. FEATURES: Tennis Court, Squash Court, Pool, Spa, Steam room and Gym..
Surfers Paradise $450,000
This two bedroom, two
bathroom unit, fully furnished with ocean views North East corner unit, size 124M2. Complex has in ground swimming pool, spa, sauna, small gymnasium, secure car parking for one car, 200 metres to beach, one street south of Cavill Avenue. Presently permanently...
Surfers Paradise $315,000
1 bed | 1 bath | 1 car
Ocean Views.This one bedroom unit is  furnished with views of the ocean. Situated on the 2nd floor in the Building. Presently permanently rented for $340.00 per week. Building has pool, two spas and a sauna. Underground car parking, short walk to beach, and central Surfers.
Surfers Paradise $365,000
1 bed | 1 bath | 1 car
Surfers Paradise. Scenic Ocean Views. This  unit is in immaculate condition being sold fully furnished. It has 1 Bedroom large lounge and separate dining area and modern kitchen. Complex has full size tennis court, pool, gymnasium, secure car park. Close to all facilities in the heart of town. For i...
Surfers Paradise $450,000
Northcliffe Residences
Surfers Paradise Beachfront. - Northcliffe  Residences presents a rare calibre of design and to the SurfersParadise skyline. This new boutique building has 25 levels, including one,two and three bedrooms units. Absolute beachfront location, walk straight onto the sand. Residential Building only. For any...
Surfers Paradise $430,000
2 bed | 2 bath | 1 car
Opposite Beach. This very neat 2 B/R two  bathroom Unit. Being sold fully furnished. Air conditioner, has beach views, excellent condition.Situated on the 5th floor of the building. Amenities include bbq area, tennis court, heated outdoor pool, sauna, a hot tub, and kids play are...
Surfers Paradise $375,000
1 bed | 1 bath | 1 car
Surfers Paradise Prestigious Sun City  Building This very neat Apartment on 16TH Floor Great Views .Apartment Has 1 Bedroom ,1 Bathroom, Lounge, Air conditioned, balcony. Your benefits in this building large pool, full size tennis court secure underground parking BBQ ,sauna gymnasium, restau...
Surfers Paradise $470,000
2 bed | 2 bath | 1 car
This very neat 2 bedroom, 2 bathroom unit,situated on the17th floor in the Building with great ocean views. . Being sold furnished. Presently permanently let for $490.00 per week. Complex has swimming pool. spa,gymnasium, undercover car parking for one car. 200 meters to beach, 300...
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COMMERCIAL FOR SALE
Surfers Paradise $275,000 NEG
1 car space
OFFICE OR RETAIL SHOP HEART OF
 SURFERS PARADISE AVAILABLE, INCLUDING CAR PARK This ground floor arcade shop or office. Is only one street from Cavill Ave on the beach side of highway. Size 50M2.
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If you have an
investment that needs to be rented contact
Alan or Lorraine today!
Alan now on
07 5570 2300 or
0438 606 260.
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See more of our properties and what we have to offer by clicking on the link and visiting our website...
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