A gutted inner-city apartment in this iconic high-rise is a golden opportunity

first_imgA brown door was the only ‘splash of colour’ in this stark interiorThe home was held in the same family since 1969 — the summer of love and the year Neil Armstrong stepped upon the moon.The property is being sold as part of a deceased estate, and the late owner has been only the second proprietor since it was built.Mr Croft said savvy potential buyers have already seen the lack of fitout as a plus.“Buyers like the idea that they’re not paying for someone else’s renovation,” Mr Croft said. Might need some work perhaps“The fact that this hasn’t been touched — I don’t think the apartment’s ever even been repainted inside. It’s got the original shade of green on the walls, all the original tiles and fittings and fixtures,” he said. The stove is all that remainsMore from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoThat’s right — no kitchen, no floor coverings and limited cabinetry. It’s effectively a concrete shell according to Ray White South Brisbane principal, Luke Croft.“It was in totally original condition, so all the carpet and everything was removed. The kitchen was pulled out because it was in such bad disrepair,” Mr Croft said.“It’s a great blank canvass and the building is always really sought after,” he added. Enjoy this view, but bring your hammer tooLocated in Brisbane’s original residential high rise, Torbreck, the ninth-floor, two-bedroom unit is asking for offers over $499,000.But unit 9E has offered something a little different to buyers — it’s stripped bare.center_img The sellers have stripped bare this inner-city apartment in one of Brisbane’s most recognised residential buildingsOUR city is full of interesting structures and extraordinary opportunities, and the recent listing of 9E/182 Dornoch Terrace, Highgate Hill is sure to inspire creative renovators. This is actually one of the unit’s most complete rooms!The apartment includes a living space, internal laundry and two balconies as well, and at 113sq m in total it’s more spacious than most new units.There are even views through to Border Ranges, the Brisbane River and Mt Coot-tha.Follow Kieran Clair on Twitter at @kieranclairlast_img read more

Beirut Hellenic Bank makes front page

first_imgSalim G. Sfeir, Chairman and General Manager of Bank of Beirut, was featured on the cover of Banker Middle East magazine in November 2012. Mr Sfeir’s four page interview covered various economic topics related to the Lebanese banking sector, Bank of Beirut’s balance sheet’s growth and the Bank’s global expansion. In his interview with Banker Middle East magazine, Mr Sfeir said in regards to the Bank’s notable growth in its domestic marketplace and abroad, “We are known to be a stable and forward looking institution […] Our initiatives and performance are positively reflected not only in deposit growth but also across key balance sheet indicators.” Regarding BHB’s positioning and audience, Mr Sfeir explained, “Bank of Beirut is differentiated as far as corporate banking is concerned; our domestic market is the cornerstone of a global Lebanese community. […] We are in a very strong position to support corporate customers who are trading in Cyprus, UK, Australia, Oman, beyond Lebanon where we have a local presence.” Mr Sfeir added, “Our product mix is evolving beyond deposits and loans. We are delivering a wide array of financial services ranging from trade finance, bancassurance, money transfers, and private banking.” As for BHB’s significant presence overseas, Mr Sfeir stressed, “[…] In Australia we prioritised this stable, highly rated country to further hedge our consolidated balance sheet. We anticipate that Beirut Hellenic Bank in Australia will in a few years become even larger than our local network, due to the stability and prosperity of the Australian economy, tied in many ways to the large Greek and Lebanese diaspora.” Beirut Hellenic Bank, formerly known as Laiki Bank Australia, has operated as a full service retail bank since 2001 with branches in Sydney, Melbourne and Adelaide. Since its inception, BHB has earned the reputation of working closely with its customers to understand and meet their individual needs. Offering customers highly competitive banking with personal service continues to be the BHB competitive advantage. Facebook Twitter: @NeosKosmos Instagramlast_img read more