#Proposed: Northshore Hamilton - 8st-23st/mixed - Page 6

JayT · May 30th, 2011, 03:48 PM

I always thought that skinny crane was for Rivana.

r32_gts · June 1st, 2011, 11:54 AM

i hear ULDA is starting to release land south of remora street now. im familiar with one developer who has cracked the shits about having already committed to inferior land in the existing parcel.

Marty_ · June 1st, 2011, 03:18 PM

You mean east of Remora Rd? South is the river...

They wouldn't be the first developer to go ballistic at the ULDA.

38921111 · June 2nd, 2011, 12:16 AM

Quote:

Originally Posted by r32_gts

i hear ULDA is starting to release land south of remora street now. im familiar with one developer who has cracked the shits about having already committed to inferior land in the existing parcel.

which one?

Fyturis · August 9th, 2011, 02:44 AM

Forgot this last week :O, Looking good.

Marty_ · August 9th, 2011, 04:08 AM

Interested to note that neither tower 3 nor the 2 office buildings have started construction.

Meanwhile, towers 1 and 2 are topped out and the retail plaza is steaming along.

It looks as though the residents may be looking down on a dust bowl for a while.... And then dealing with a lot of construction noise at a late time.

neilo63 · August 9th, 2011, 04:30 AM

Quote:

Originally Posted by 38921111

which one?

Mirvac?

They have a real shit parcel.

Marty_ · October 1st, 2011, 09:14 AM

Australand's Hamilton Reach is over 40% presold, but those sales are (surprisingly) mostly the higher end apartments including the penthouse.

That is a good result all things considered (time on the market, the economy etc). I imagine upcoming releases may be reconfigured to hit a higher price point.

SilverPearl · November 28th, 2012, 12:03 PM

http://m.heraldsun.com.au/realestate...-1226525465795

SoulvisionQ1 · November 28th, 2012, 12:20 PM

Not surprised, the Hamilton market is over saturated

38921111 · November 28th, 2012, 11:41 PM

is "over saturated" even a thing??

i think mirvac's problem was their apartments were absolutely tiny and the prices weren't low enough to offset that.

KJBrissy · November 29th, 2012, 12:13 AM

Yeah. Devine are selling like hotcakes in comparison. Mirvac have the wrong product for the location and the current market.

I wonder if Metro will get involved in this area of town?

It could also be a good place for a hotel. close to the cruise ship terminal and Airport.

SilverPearl · November 29th, 2012, 12:14 AM

Mirvacs quality was too good and therefore people couldn't afford the apartments.

Macca-GC · November 29th, 2012, 12:23 AM

Quote:

Originally Posted by SilverPearl

Mirvacs quality was too good and therefore people couldn't afford the apartments.

Mirvac was overpriced!

Yeah, it might have had a slightly better level of quality, but I wouldn't say it was anything exceptional.

Mirvac's units are simply overpriced and they can't compete in the current market, where people are looking for well-priced units and aren't desperate to buy 'something'.

I'm with KJ, a hotel or similar would be great out there. Pick up a reasonable mid-range hotel operator (maybe Crowne Plaza or similar) to operate it and Bob's your uncle. With the hotel market being the way it is at the moment, you could do the feaso on that overnight!

SoulvisionQ1 · November 29th, 2012, 12:36 AM

Quote:

Originally Posted by 38921111

is "over saturated" even a thing??

i think mirvac's problem was their apartments were absolutely tiny and the prices weren't low enough to offset that.

Oversupplied yes, you've got Devine's 3rd tower just completed... there's easily over 150 remaining completed stock in this pocket including Brookfield's tower

bribri · November 29th, 2012, 12:52 AM

Quote:

Originally Posted by KJBrissy

Yeah. Devine are selling like hotcakes in comparison. Mirvac have the wrong product for the location and the current market.

I wonder if Metro will get involved in this area of town?

It could also be a good place for a hotel. close to the cruise ship terminal and Airport.

Great idea!
A hotel is what this precinct is missing at the moment.

38921111 · November 29th, 2012, 01:00 AM

Quote:

Originally Posted by SilverPearl

Mirvacs quality was too good and therefore people couldn't afford the apartments.

according to their website, they were trying to sell units like this for $345k with no car park.

http://assets2.mirvacdevelopment.com...-Style-1a-.pdf

KJBrissy · November 29th, 2012, 01:33 AM

That's just stupidity!

Fabian · November 29th, 2012, 07:37 AM

I forgot to post these from July. I took them on July 5 to be exact from Bulimba.

***Oriolus*** · November 30th, 2012, 12:50 AM

Quote:

Originally Posted by Fabian

I forgot to post these from July. I took them on July 5 to be exact from Bulimba.

That is Hamilton Harbour, and you didn't forget to post them, you posted them in the Hamilton Harbour thread. Although Hamilton Harbour is part of Northshore Hamilton, we have a dedicated thread for Hamilton Harbour, so all posts about Hamilton Harbour should go in there. I have moved all the posts about the scrapping of Mirvac's Foreshore Hamilton OUT of the Hamilton Harbour thread and into this thread, since it is separate from Hamilton Harbour (but they are BOTH part of the larger masterplanned area of Northshore Hamilton). It can be a bit confusing.

May 30th, 2011, 03:48 PM	#101
JayT Like whatever.... Join Date: Sep 2002 Location: Brisbane/Gold Coast Queensland Australia Posts: 7,959 Likes (Received): 83	I always thought that skinny crane was for Rivana. __________________ My Current Favorite Cities & Regions: SINGAPORE, Iskandar (Malaysia), Macau/Zhuhai (China), Curitiba (BR), Blumenau (BR), San Francisco (USA)

August 9th, 2011, 02:44 AM	#105
Fyturis Registered User Join Date: Aug 2008 Location: Brisbane \| Australia Posts: 829 Likes (Received): 74	Forgot this last week :O, Looking good. __________________ I used to be crustacean, In an underwater nation And I surf in celebration, Of a billion adaptations Last edited by Fyturis; August 9th, 2011 at 02:51 AM.

November 28th, 2012, 12:20 PM	#110
SoulvisionQ1 New Urbanist Join Date: Jan 2006 Location: Brisbane, Queensland Posts: 4,144 Likes (Received): 33	Not surprised, the Hamilton market is over saturated __________________ Brisbane's dedicated development news site: BrisbaneDevelopment.com Follow BD Online on twitter

November 29th, 2012, 12:13 AM	#112
KJBrissy ........... Join Date: Jan 2006 Location: Brisbane Posts: 9,331 Likes (Received): 130	Yeah. Devine are selling like hotcakes in comparison. Mirvac have the wrong product for the location and the current market. I wonder if Metro will get involved in this area of town? It could also be a good place for a hotel. close to the cruise ship terminal and Airport. __________________ "Traditionally what has hurt people has not been rising interest rates but rising unemployment. I don't care what rate you're paying, if you have a mortgage five times your income and you lose your job, you're toast." Gerard Minack, chief economist at Morgan Stanley.

November 29th, 2012, 01:33 AM	#118
KJBrissy ........... Join Date: Jan 2006 Location: Brisbane Posts: 9,331 Likes (Received): 130	That's just stupidity! __________________ "Traditionally what has hurt people has not been rising interest rates but rising unemployment. I don't care what rate you're paying, if you have a mortgage five times your income and you lose your job, you're toast." Gerard Minack, chief economist at Morgan Stanley.

June 1st, 2011, 11:54 AM	#102
r32_gts Registered User Join Date: Oct 2005 Posts: 165 Likes (Received): 0	i hear ULDA is starting to release land south of remora street now. im familiar with one developer who has cracked the shits about having already committed to inferior land in the existing parcel.

June 1st, 2011, 03:18 PM	#103
Marty_ Registered User Join Date: Aug 2008 Location: Brisbane Posts: 3,754 Likes (Received): 39	You mean east of Remora Rd? South is the river... They wouldn't be the first developer to go ballistic at the ULDA.

August 9th, 2011, 04:08 AM	#106
Marty_ Registered User Join Date: Aug 2008 Location: Brisbane Posts: 3,754 Likes (Received): 39	Interested to note that neither tower 3 nor the 2 office buildings have started construction. Meanwhile, towers 1 and 2 are topped out and the retail plaza is steaming along. It looks as though the residents may be looking down on a dust bowl for a while.... And then dealing with a lot of construction noise at a late time.

October 1st, 2011, 09:14 AM	#108
Marty_ Registered User Join Date: Aug 2008 Location: Brisbane Posts: 3,754 Likes (Received): 39	Australand's Hamilton Reach is over 40% presold, but those sales are (surprisingly) mostly the higher end apartments including the penthouse. That is a good result all things considered (time on the market, the economy etc). I imagine upcoming releases may be reconfigured to hit a higher price point.

November 28th, 2012, 12:03 PM	#109
SilverPearl Registered User Join Date: Sep 2012 Location: Melbourne Posts: 395 Likes (Received): 0	http://m.heraldsun.com.au/realestate...-1226525465795

November 28th, 2012, 11:41 PM	#111
38921111 opinions are my own Join Date: Jan 2011 Posts: 504 Likes (Received): 13	is "over saturated" even a thing?? i think mirvac's problem was their apartments were absolutely tiny and the prices weren't low enough to offset that.

November 29th, 2012, 12:14 AM	#113
SilverPearl Registered User Join Date: Sep 2012 Location: Melbourne Posts: 395 Likes (Received): 0	Mirvacs quality was too good and therefore people couldn't afford the apartments.

November 29th, 2012, 07:37 AM	#119
Fabian Sydney: World's best city Join Date: Sep 2002 Location: Sydney Posts: 29,543 Likes (Received): 103	I forgot to post these from July. I took them on July 5 to be exact from Bulimba. __________________ 'Cityrail recommends that you and your family travel by bus' - Cityrail

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