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Buchan Lee Blog: Maxwell on the Park
http://buchanlee.blogspot.com/2010/01/maxwell-on-park.html
Maxwell on the Park. If you're looking for an exclusive city apartment with a beautiful parklands outlook, this could be it. There are just 2 apartments per floor in this boutique building and you are moments from a cappuccino with Rundle Street east literally around the corner. The apartment represents true city living with no compromises because the available space is well over 250 square metres including 2 balconies. To view sale details. Buchan Lee Property Group. Subscribe to: Post Comments (Atom).
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Buchan Lee Blog: September 2012
http://buchanlee.blogspot.com/2012_09_01_archive.html
Peel off a floor in Peel Street! This exciting new project at Peel Chambers offers opportunities for individuals, families and businesses to create and live their inner city dreams. Buyers can have the whole floor of this unique building on its own Title to create an their completely individualised apartment, studio, office or home/office. The ground floor is currently designated commercial and covers 124 m2 with a basement space of some 67m2, while the 5 upper floors are 152m2 to 164m2. The developer wa...
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Buchan Lee Blog: Timber raises its building sites
http://buchanlee.blogspot.com/2012/09/timber-raises-its-building-sites.html
Timber raises its building sites. TIMBER apartments will sprout out of the tops of carparks across the city if Peter Buchan has his way. The developer wants to build the multi-level towers using an innovative building material known as cross-laminated timber (CLT). And he says carparks offer a cost-effective platform for the lightweight, high-rise structures. What we're trying to do is create a product that has never been done before," he says. Buchan Lee Property Group. Subscribe to: Post Comments (Atom).
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Buchan Lee Blog: December 2010
http://buchanlee.blogspot.com/2010_12_01_archive.html
2011 - what's in store. 7 interest rate increases in little over a year played a large part in ensuring that the local property market softened considerably towards the end of 2010. Add this to the significant downturn in international student demand due to the Australian Government's changes to visas, financial burdens placed upon students, and a strong aussie dollar, and the result is that the prices for apartments have slipped somewhat. Buchan Lee Property Group. Subscribe to: Posts (Atom).
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Buchan Lee Blog: January 2011
http://buchanlee.blogspot.com/2011_01_01_archive.html
Number 5 Florence Street is a modern contemporary townhome just metres away from the bustling atmosphere of Norwood Parade. But location is only part of the attraction - this architectural home is extremely liveable, with fabulous open plan living plus a north facing courtyard downstairs and 3 lovely bedrooms upstairs. Great bathrooms, stylish finishes and a roomy garage for 2 cars make this a must see home. To see sale details. Buchan Lee Property Group. Maxwell on the Park. To view sale details. We hav...
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Buchan Lee Blog: November 2010
http://buchanlee.blogspot.com/2010_11_01_archive.html
More mixed use buildings. Following on from our earlier features. On mixed used buildings, last month saw 2 transactions in other mixed use buildings. We sold a top floor 2 bedroom Mantra apartment for $500,000. This 80 square metre apartment had a wrap around balcony and overlooked Hindmarsh Square with the Adelaide Hills in the background. Buchan Lee Property Group. Wakefield Street sales activity. And it was the first apartment to sell to a buyer who wants to exclusively use the space for business pur...
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Buchan Lee Blog: June 2010
http://buchanlee.blogspot.com/2010_06_01_archive.html
SA leading the student market. We thought we would check in with our friends that market our education products internationally, and it looks like our state is doing pretty well in terms of growth rates when compared to the rest of the country. Now if only we can get the Crows and Power to perform as well against the other national sides! Buchan Lee Property Group. It was not quite ready when we visited, but we will bring you photos as soon as we have access. Buchan Lee Property Group. We have particular...
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Buchan Lee Blog: October 2010
http://buchanlee.blogspot.com/2010_10_01_archive.html
We just settled the $460,000 sale of a 2 bedroom apartment in the South Building of our development at 4-8 Charles Street Adelaide (aka 223 North Terrace). This apartment was originally bought off the plan for $305,000 in October 2006 and we managed the rental since that date for the owner. So if we add his gross sale profit of $155,000 and his rental income of $85,900 this totals $240,900, equating to a gross return of some 79% on the initial $305,000 investment. Buchan Lee Property Group. In Adelaide t...
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Buchan Lee Blog: July 2010
http://buchanlee.blogspot.com/2010_07_01_archive.html
It doesn't seem that long ago when Peter was advising the owners of Ruthven Mansions at 15 to 27 Pulteney Street on the feasibility of selling off the apartments on separate strata titles while having a retail arcade in separate ownership at ground level. This all seemed so novel (not to mention risky) back in 1993! Click on these links for more information on real life examples of mixed use buildings in the city:. 23 King William Street. Buchan Lee Property Group. Labels: 223 north terrace. The South Au...
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Buchan Lee Blog: May 2010
http://buchanlee.blogspot.com/2010_05_01_archive.html
Urbane, Urbaner, Urbanest. Urbanest ("Urban Nest") is a 17 level building under construction on the corner of North Terrace and Bank Street, and will be the city's latest addition to the student accommodation business. The developers and operators are saying it will be ready to occupy at the start of the 2011 university intake and it comprises of 488 rooms and studios with the rentals starting at $225 per week which includes internet, electricity and insurance. Buchan Lee Property Group. Now it looks lik...
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