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Old December 18th, 2017, 12:50 AM   #1121
Idiom
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Quote:
Originally Posted by OptomistOne View Post
Not a bad little density filler but what Hobart really needs is for a mainland developer to step up with a 15 storey building with maybe 150 plus apartments - that would be a game changer for the skyline!
Some taller apartment blocks would be welcome but developers need to make sure there's a good mix of apartments, facilities and people. The way things are done here I can imagine them squeezing in as many 1 and 2 bedroom jobs as possible and charging $400k + each.

There needs to be things like roof gardens, gyms, pools and common areas. There should be a decent number of 3 bedroom apartments with big enough living areas.

I've lived in a sprawling low rise apartment block (3 or 4 storeys with maybe around 50 apartments) and that had games rooms and rooms to hang out in which I think could also be booked. It also had a nice big outdoor common area with grass and a fountain. There was someone who organised events and activities for the residents. It was a good community.
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Old December 18th, 2017, 11:22 AM   #1122
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Interesting article on Hobart apartment builds. Sounds like the north Hobart one is a hit.. Let's keep them coming!

https://www.realestate.com.au/news/a...k%3Anews%3Atas
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Old December 19th, 2017, 04:08 AM   #1123
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Romilly Green in South Hobart is currently offering nine homes in a private green enclave just 2.6km from the centre of the city.
Then:

Quote:
Across the city at Dynnyrne, Young & Co Property is building a 21-townhouse development...
Dynnyrne isn't "across the city" from South Hobart.

Those prices are eye-watering. I'm glad I'm not trying to buy a unit at $500k and up.
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Old December 20th, 2017, 07:57 AM   #1124
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Stumbled across this convenient view today of all 5 cranes...

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Old December 24th, 2017, 12:00 PM   #1125
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Hi all,

I’ve read this forum for a long time, but this is my first post! Spotted this today:



https://apply.hobartcity.com.au/Page...aspx?id=143988

No detail yet, but $28 million is a big one.
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Old December 24th, 2017, 12:32 PM   #1126
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Hi all,

I’ve read this forum for a long time, but this is my first post! Spotted this today:



https://apply.hobartcity.com.au/Page...aspx?id=143988

No detail yet, but $28 million is a big one.
Welcome to the forum Tasmanian!

Can't wait to see this one. The address appears to be the driveway behind the Republic which is some sort of motoring business at the moment. It also has a mobile phone tower on it. It will be interesting to see how a residential development so close to a live music venue is worked out.
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Old December 28th, 2017, 04:30 AM   #1127
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Just saw planning for partial extension to Ali Sultans Market Place Car park. Obviously still money to be made in car parks, pity the Vodafone building still has no window though!

PLN-16-744 - 6-8 MARKET PLACE HOBART TAS 7000 - Advertised Documents
This small extension to carpark being completed now..
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Old December 29th, 2017, 10:22 AM   #1128
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Negotiations over sale of Hobart’s Welcome Stranger Hotel to overseas buyer
DAVID BENIUK, Mercury
December 29, 2017 7:54am
Subscriber only

A CBD hotel could be the next piece of prime Hobart real estate to be snapped up by an overseas buyer.

Welcome Stranger Hotel owner Peter Scollard is in negotiations with the representatives of a potential buyer, business sources have told the Mercury.

It’s understood an Asia-based buyer approached Mr Scollard six months ago with an offer to buy the business, on the corner of Davey and Harrington streets.

Talks are on hold over the holiday period but are set to resume in coming weeks.

The developer’s plans for the site have not been revealed.

But it would be considered an ideal site for a hotel with its proximity to Salamanca, the waterfront and CBD.

A pub has stood on the site since 1833, previously known as The Freemasons Hotel.

The potential sale comes after Singaporean property tycoon James Koh snapped up five prime Hobart sites in recent years for hotel development.

Mr Koh’s Fragrance Group controversially lodged development applications for high-rise hotels in Davey and Collins streets worth a combined $230 million.

The Welcome Stranger sale could be made more likely with poker machine reforms on the horizon, sources said, with some pub owners looking to cash in on the real estate value of their properties.

If re-elected, the Liberal Government will put the state’s poker machine licence out to tender, ending Federal Group’s monopoly, when the current agreement expires in 2023.

Labor has said it will strip pokies from pubs and clubs by 2023 to help address problem gambling.

Mr Scollard declined to comment when contacted by the Mercury.

But in a submission to Liquor and Gaming’s review of the Responsible Gambling Mandatory Code of Practice for Tasmania, he argued against tougher restriction on poker machine operators.

“One understands that the commission is only trying to implement change to benefit the problem gambler,” Mr Scollard wrote.

“But why should the non-problem gambler and the general community have to also bear the burden of very few?

“What would be much more beneficial would be the present community service levy be used in a much more effective way then it is presently.”
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Old January 4th, 2018, 07:44 AM   #1129
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160 Elizabeth St, freshly advertised. Looks good.

https://apply.hobartcity.com.au/Page...aspx?id=141666
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Old January 4th, 2018, 07:59 AM   #1130
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Quote:
Originally Posted by Tasmanian View Post
160 Elizabeth St, freshly advertised. Looks good.

https://apply.hobartcity.com.au/Page...aspx?id=141666
Nice.. looks like Core Collective too - aka The Commons Apartments on Bathurst St?
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Old January 5th, 2018, 06:12 AM   #1131
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Yep. Beautiful, sensitive, subdued response to the heritage building
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Old January 11th, 2018, 11:54 PM   #1132
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Just noticed google map satellite images updated this week.. Good to see all the building works.. Anyone work out date??

I reckon its November 12 or 14 as setting up or removing the marquee used for Rotorlift pilots funeral on regatta grounds which was on the 13th..

Last edited by hamenw; January 12th, 2018 at 03:10 AM.
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Old January 14th, 2018, 12:58 PM   #1133
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40 Elizabeth St progress... pics nicked from Sue Hickey's FB page:
https://www.facebook.com/Suehickeyho...73480136059634


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Old January 15th, 2018, 01:16 AM   #1134
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Wowsers, not much left of it now. Saw those two guys taking pics of Menzies building on the weekend, must be doing a HCC update!
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Old January 15th, 2018, 04:08 AM   #1135
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Not much at all...



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Old January 15th, 2018, 04:19 AM   #1136
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Old January 15th, 2018, 05:33 AM   #1137
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HoMo at Mona is a step closer

From the Mercury today:

http://www.themercury.com.au/news/ta...9bb1dd3d9a433c

GLENORCHY City Council is to create a specific area plan to facilitate the development of Mona’s $300 million, five-star hotel at Berriedale.

It will allow the world renowned museum to erect temporary art installations and hold some events without having to apply for a permit.

But the project, and others related to the Berriedale peninsula site, will still need to deal with issues raised by a nearby wastewater treatment plant to navigate the council process.

A council planning authority meeting today will consider a request by Mona to amend aspects of the planning scheme — and aspects of the Statewide Planning Provisions.

They include:

MAKING “hotel industry” a permitted use. It is prohibited in the Environmental Management Zone and discretionary in the Major Tourism Zone that both cover the area under the Glenorchy Interim Planning Scheme.

ADDRESSING new height provisions in the previously mentioned zones to enable significantly higher buildings to be considered.

OVERRIDING the Waterway and Coastal Protection Code and the Inundation Prone Areas Code to enable the $300 million hotel to “cantilever” over the river.

ALLOWING for temporary art installations, artworks or structures for occasional events to be constructed without a planning permit.

The 63m-high hotel, called Hotel at Mona or Homo, plans to offer 172-rooms and add 120 more full-time equivalent staff to Mona’s operations.

Combined with a high-roller casino, which will not be sought until the Federal Group monopoly expires in 2023, it is hoped the two developments will future-proof the museum.


Mona’s council application says David Walsh will personally subsidise the museum by about $13 million a year.

Mona co-chief executive Mark Wilsdon said the plan allowed them to submit a development application for Homo.

“We’re going through due process,” Mr Wilsdon said. “This is the first step. The next step is to submit a development application under the planning scheme and then after that we will undertake community consultation.”

Mona still needs to break an impasse with TasWater that has stalled its previous plans to get the hotel approved.

In October 2015, a council-initiated expressions of interest process awarded a licence to Mona for the waterfront land, formerly a caravan park.

The museum planned to establish its $6 million Mona Accommodation Berriedale, since renamed Hobo, which would feature 109 units, including pods, camping facilities and caravans.

But after Mona was asked by council and TasWater to provide a $100,000 report on the emissions from the nearby Cameron Bay sewage treatment plant, which does not comply with odour restrictions, the proposal stalled and Mona’s licence expired.

The 400m “attenuation zone” includes the caravan park and the site of the proposed hotel — prohibiting them from being passed under the Glenorchy Interim Planning Scheme
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Old January 17th, 2018, 10:40 PM   #1138
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todays AFR
great outlook for hobart
Hobart's housing market continues to flourish as rents rise

Forget the Sydney versus Melbourne debate – it's all about Hobart now. Tamara Voninski




Hobart is beating Sydney and Melbourne as the nation's hottest housing market with rents in the island capital posting the biggest growth among capital cities in the December 2017 quarter, Domain's December 2017 quarter rental report shows.

Hobart was the only capital city to reach double-digit annual growth in house and unit rents.

Median house rents rose 6.8 per cent over the quarter and 12.9 per cent year-on-year to $395 per week. Its median unit rental prices grew 6.3 per cent over the quarter and 13.3 per cent annually, to $340 per week, the only city with double-digit rental growth.

"Hobart currently has strong levels of migration and not enough rental supply to keep pace. Investors are reaping the highest gross rental yields for houses out of all the capital cities at 5.34 per cent and the third best for units at 5.52 per cent, falling just behind Canberra and Darwin," Domain data scientist Dr Nicola Powell said.


With land value growth not yet caught up with rental growth, investors in Hobart property are enjoying the best gross rental yields in the country. House rental yields are 5.34 per cent while units are 5.52 per cent.

Canberra and Darwin unit rental yields are comparable at 5.8 per cent and 5.67 per cent respectively.

Dwelling vacancy falls



Hobart's housing market has performed strongly recently, as dwelling vacancy in the city fell to the lowest in the country at about 0.7 per cent, as seen in SQM Research's latest update.

There was only 0.3 per cent vacant homes for rent at the end of December, down from 0.7 per cent a year ago.


Hot on the heels of Hobart, Canberra's previously affordable rents are on the rise. It is the third most expensive capital city for house rental prices and second for units, Domain says.

In contrast, unit rents have fallen in Sydney over the December quarter. For houses, there was little movement.

Melbourne had small growth over the quarter for both units and houses.

Little relief for tenants

These movements are little relief for tenants as both cities still have the highest median weekly rents ranging between $400 to $550 a week.

Sydney and Melbourne also have the lowest gross rental yields in the country. House and unit yields range between 3.08 per cent to 4.41 per cent.

"If investor activity continues to decline in Sydney it could tighten the rental market in 2018," Dr Powell said.

Perth's rents continue to fall or remained flat.

"While falling rental prices have become the norm over recent years, the rental market has begun to show signs of transitioning conditions, with hefty declines in rental prices no longer being recorded in Perth's unit market," Dr Powell said.
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Old January 18th, 2018, 12:40 PM   #1139
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Wow I didn’t know the Aquatic centre had all those Solar Panels ! That’s awesome ��
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Old January 19th, 2018, 04:01 AM   #1140
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Progressing forward (or downward in this instance)

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