Latest news with #McGrathEstateAgents
News.com.au
12 hours ago
- Business
- News.com.au
Zac Homes boss lists $7.5m beachfront penthouse
A Western Sydney project home builder who splashed $7.5m on a newly built beachfront penthouse is the first owner to cash out of the boutique Gold Coast building. Zac Homes founder Peter Zaccazan purchased one of seven luxury sky homes in the Palm Beach tower, moving his family to Queensland during a surge in interstate migration post-Covid. The three-bedroom, two-bathroom apartment at 7/15 Jefferson Lane is listed for sale with Josh Willatt and Taylor Davis, of McGrath Estate Agents Palm Beach. It is marketed without a price guide via an expressions of interest campaign, with the unit the first resale within the 2021 development by Kazumi Nakagawa and Jason Kennedy. 'The owner paid a pretty strong number for the property at the time, but when people come through they realise this one is really special, and nothing of this calibre has come to market in Palm Beach since,' Mr Willatt said. Features included spectacular ocean views and 532 sqm of living space over a full floor and private rooftop entertaining zone with a heated pool. 'This high-end penthouse is the pinnacle of luxury with an outstanding floor plan with French oak flooring and 3m high ceilings, marble and stone throughout.' The property had served as a 'Covid escape' for Mr Zaccazan, who continued to commute to his company's Penrith homebase. 'They bought this on a whim. There was an idea of, 'let's escape' when the borders were closed during the pandemic, but then the owner was effectively doing FIFO [fly in fly out] every week while the kids were going to school here on the Coast,' Mr Willatt said. Ultimate party house on the market Hembrow's $50m limbo in bombshell split It is the most expensive established apartment on the market in the suburb listed on
Yahoo
28-04-2025
- Business
- Yahoo
Neighbour rages over 'pointless' real estate sign lighting up quiet Aussie street
A luminous For Sale sign erected outside an Aussie home has quietly perturbed neighbours due to the bright light it emits every night, causing a disturbance in the usually quiet residential street. Local man Richard, who asked to only be identified by his first name, told Yahoo News the sign was switched on in front of the property on View Street in Annandale, Sydney by real estate agency McGrath Lower North Shore. He claims the the street was suddenly illuminated every night thanks to its solar-powered light. "I think the light is completely unnecessary and pointless," he told Yahoo News. "The sign is behind a large tree and shrub. It is a quiet neighbourhood road. No potential buyers are going to see it." Richard believes the intention of having a readable sign at night is already lost due to it being blocked by the tree and shrub, so the light is simply a nuisance that "disturbs local residents and wildlife". "It's another form of light pollution," he complained. After sharing a picture of the sign online, other Aussies shared their disdain for the practice. "I've seen this once before in person and it was ridiculously bright! I immediately felt sorry for the person living across the street," one person wrote. One recent home seller said they had one of the bright signs outside their property and even admitted they found it "annoying". Others called the use of these signs "obtrusive" and "unnecessary" and questioned how many prospective homebuyers are "house-hunting after dark" to make the use of the signs worthwhile. McGrath Estate Agents told Yahoo News the solar-powered signs are not in breach of any marketing laws set out for real estate agents and they are simply used to help drive interest for their clients. "As property agents, our aim is to find buyers for the properties we market. A part of the marketing strategy is to provide signboards alerting passersby that the property is for sale," Rachel Maher, Chief Operating Officer of McGrath Lower North Shore told Yahoo. "We use standard sized signboards and illuminate them to draw attention to the property and make the details legible at night." 🧐 Calls for change after real estate agent's awkward mistake 🫣 Real estate agent defends X-rated ad in affluent suburb 🏠 Realtor apologises as detail on sign sparks backlash However following the complaint from the neighbour, Maher confirmed the sign in question will be removed as the agency doesn't want to cause a disturbance to residents. "Following the neighbour's request, we will remove the illumination. Our signboard company will remove the lighting tomorrow, Tuesday April 29," she said. Do you have a story tip? Email: newsroomau@ You can also follow us on Facebook, Instagram, TikTok, Twitter and YouTube.
The Guardian
01-04-2025
- Business
- The Guardian
Kamala Harris to speak at Gold Coast real estate conference but not to local media
Kamala Harris will speak at a real estate conference on the Gold Coast in Australia next month, with organisers hailing her a 'trailblazer' but shielding her from all media requests. The former US vice president, who lost November's US election to Donald Trump, will participate in a moderated on-stage conversation at the Australasian Real Estate Conference. Harris is one of 32 speakers scheduled to speak at the conference, along with the US real estate broker and reality TV personality Mauricio Umansky, gold medal winning Olympians Emma McKeon and Ariarne Titmus, and the British entrepreneur Steven Bartlett, who will appear via satellite. Speakers are available to the media except for Harris. 'No interviews' was listed next to her bio. Founded by Australian property mogul John McGrath, the chief executive officer of the ASX-listed McGrath Estate Agents, the event will be held on Queensland's Gold Coast in late May. In a statement, the organisers said Harris' participation in the conference would be her first speaking engagement in Australia. Promotional material for the event described Harris as 'a trailblazer through her entire career, committed in her vision for ensuring all Americans can climb the ladder of economic opportunity, including bringing down the cost of living and making housing more affordable'. She will join a 'selection of esteemed international speakers and Australia's leading real estate professionals set to impart their expertise, industry insights, and strategies for success in an ever evolving property sector', according to organisers. Organisers would not disclose how much the speakers would be paid. More to come
