The Top Real Estate Stories Of 2012

01/01/2013 12:40 am

In 2012, Taiwan planned to build the world's strangest tower, Dutch Docklands proposed a floating resort in the Maldives and plans have been drawn up for the tallest building in the southern hemisphere. Packer did the impossible, getting the ball rolling on a second Sydney Casino and the NSW Government released it's plans for a new planning system for NSW. The Blockbrief website was launched in November. Read on for the most popular real estate stories from the blog for 2012.

 

Obtaining Planning Permission For A Granny Flat

The construction of a granny flat on your block has great potential to substantially increase your rental yield. Jo Chivers for Property Observer provides a great breakdown of the profitability of granny flats in her recent article A granny flat is a good way to maximise your NSW investment. Jo also sings the praises of a secondary dwelling development in her earlier article How a granny flat can double your rental returns.

The good news is that relatively new planning legislation in NSW encourages such a form of development. However, the legislation is multi layered and not all that straight forward more

 

 

The World's Strangest Skyscraper To Be Erected In Taiwan

The Taiwanese are preparing to build one of the world’s strangest skyscrapers. Consisting entirely of hollow steel tubes, the structure will support a park on the roof with fantastic views. Tokyo based architect Sou Fujimoto has designed the tower, the design has been selected as the 1st prize winner for the Taiwan Tower International Competition. The winning proposal’s design reflects Fujimoto’s philosophy of Primitive Future, as the “21st Century Oasis” aspires to be a model of green architecture for the future generations more

 

 

 

Floating Mixed Use Development Planned For The Maldives

An 800 hectare floating development is planned to be developed off Male in the Maldives, through a joint venture with the Maldives Government and water development specialists, Dutch Docklands. The development will comprise five components that include commercial, hotel and residential developments, including the world’s first floating golf course more

 

 

 

 

 

Australia 108 Super Skyscraper Development

The tallest building in the southern hemisphere, a whopping 388m skyscrape, is planned for Melbourne in an ambitious development proposal. If planning approval is obtained, will feature 600 apartments, the nation’s highest hotel and restaurants. The 108 storey tower, when completed, will be the 18th tallest building in the world.

The site is set on the corner of City Road and Southbank Boulevard. Original approval was obtained by Architects Fender Katsalidis for a 228m apartment building on the 70 Southbank Boulevard site in 2010 from the VCAT. After a battle with Melbounre City Council. However, Nonda Katsalidis has dramatically increased his proposal by adding a 288 room hotel and sky deck on top, citing the strengthening economy and the need for an iconic centrepiece for Melbourne more

 

Infographic: Howzat! - James Packer's Casino At Barangaroo

James Packer and his company Crown Limited are proposing to alter height limits at Barangaroo to add up to 20 storeys to his planned $1 billion hotel and casino complex and place it among the top 10 tallest buildings in Sydney more

 

 

 

 

 

 

 

 

 

 

 

 

 

Infographic: How Will A New Planning System Affect Development?

In 2012 The NSW Government released its Green Paper on overhauling the entire NSW Planning system. Early in 2013 the Government intends to present the new legislation to the NSW Parliament.

The Government is proposing transformative changes to the system with a strong shift to a more strategic and streamlined system that facilitates economic growth and upfront community participation. The Green Paper proposes 23 changes centering on community participation, strategic focus, streamlined approvals and provision of infrastructure.

Some key proposed outcomes that will likely affect how developers develop land in the State include:

  • Faster Development times;
  • New zones, including an enterprise zone, urban release area zone and suburban character zone;
  • Right of review for some rezoning proposals; and
  • Reduced complexity.

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Lang Walker - Empire Builder

Listed by Forbes as Australia’s 19th Richest Person, with an estimated wealth of $880 million Lang Walker is one Australia’s biggest property developers more

 

 

 

 

 

Is Michael Clarke's Cricket Academy Development Permissible?

In 2012 Michael Clarke purchased an estate in Berrima in the Southern Highlands of NSW for his cricket academy venture.

Property Observer reported that the property was advertised for an August auction with hopes of $3.65 million, and that Clarke and his new bride Kyly are understood to have secured it after private negotiations for about $3.25 million.

It is understood that Clarke purchased the property in order fulfil his dream of opening a cricket academy. Blockbrief has therefore looked at whether Clarke’s property development is actually permissible on the property under Wingecarribee Shire Council’s planning controls more

 

 

 

Blockbrief Takes Property Development Site Search Online

New real estate website Blockbrief launched in 2012. We created Blockbrief because all current real estate information on the net is wrong! This situation is caused because the information either does not place enough significance on the impact of planning controls on property values.

We at Blockbrief believe there must be a better way of getting the right development information into the hands of the homebuyer. We fundamentally understand highest and best use and with the utilization of the right technology we empower the homebuyer to make prudent investment decisions, based on sound real estate information.

Blockbrief’s technology allows you to search for your dream development site and find out what the experts have to say. Blockbrief makes determining if a property development is possible as simple as clicking a button more