ING spends €880m to cut loose defined benefit pension fund

first_imgDutch bancassurer ING has reached an agreement with trade unions to make its currently closed defined benefit pension fund ”financially independent”.Under the terms of the agreement, the pension fund is to receive €879m.Approximately €709m will be used for indexation in 2014, to absorb the risk of future indexations for which the fund itself is now fully responsible and to cut loose the obligation to maintain the pension fund’s coverage.The remaining €170m will be used to account for changes in indexation rules – from 2015, indexation will be determined by the scheme’s funding. In exchange, the pension fund will be responsible for the indexation of accrued pension entitlements.Until now, the employer had been responsible for indexation, regardless of the scheme’s funding level.ING refused to provide indexation for five years in a row from 2009, citing “compelling economic reasons”.In 2009 and 2010, the ING pension fund accepted the company’s decision, but it challenged its sponsor company in 2011, 2012 and 2013.In 2011, a district court rejected the pension fund’s request for indexation, while in 2012 an arbitrator awarded the scheme €68m of a requested €170m.Last December, the arbitrator determined that ING had to pay the full claim for 2013 of €236.3m, taking into account the fact there had been no indexation at all from September 2009 to 2011, and that the indexation in 2012 amounted to just 40% of the required amount.For the accrual of new pension entitlements, ING has now adopted two new defined contribution plans for employees in the Netherlands – ING CDC Pension Fund for employees of ING Bank and WestlandUtrecht Bank, and NN CDC Pension Fund for employees of ING Insurance and ING Investment Management.last_img read more

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Dutch military staff to switch from final to average salary accrual

first_imgPensions arrangements for Dutch military staff at civil service scheme ABP are to change from a final salary plan to an average salary scheme.The change – to be introduced retrospectively as of 1 January 2019 – follows a new collective labour agreement (CAO) for the Ministry of Defence (MoD) between the social partners and the cabinet, said ABP.It ends years of bickering about terminating one of the last final salary plans in the Netherlands, which, according to ABP, had become “too complicated to implement”.The final salary plan with its high ‘franchise’ – the part of the salary that is exempt from pensions accrual – had also turned out to be disadvantageous for the many MoD staff who leave the employer early. The new arrangement provided for a higher accrual rate and a lower franchise, while its accrual covered more bonuses, such as for exercise and duties in the air and at sea, according to ABP.It added that contribution levels for military personnel would be established separately.The trade unions said that the new pension plan would produce better results for most MoD staff with lower contributions.A spokeswoman for ABP said the new arrangements largely addressed the pension fund’s initial objections.Last August, the rank and file of the military unions rejected a CAO that included the pension plan. Subsequently, a dispute arose between unions, the employer and ABP, when the pension fund said it would implement an average salary plan but with a low accrual rate and the high franchise.ABP and unions said they had to formally decide whether or not to withdraw their appeal in court rulings they had started on the issue.René Schilperoort, vice chair of union AFMP, said that the most important change relative to the rejected arrangements was a clear compensation scheme for the employees who would be negatively affected by the transition to an average salary plan, particularly those who quickly climb the career ladder.last_img read more

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Gold Coast family home offers modern living with a twist

first_img88 Tamworth Drive, Helensvale is a sight to behold.“We really liked the character of it,” Mr Peri said. “It’s got a lot of the older timber features and we much preferred that than a brand new home.”But the couple, who have two sons — Liam and Eli — knew they could transform the property into something spectacular.They installed the centrepiece pool, landscaped the property and had new retaining walls built. The kitchen.“We also re-did the bathrooms, repainted inside and outside, put in ducted airconditioning, new fans, plantation shutters and blinds” Ms Ahec said. More from news02:37International architect Desmond Brooks selling luxury beach villa16 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“It’s still got the beautiful character, we just basically modernised it.”Entertaining is a breeze with the wraparound veranda, built-in barbecue area and poolside cabana. Enjoy relaxing on the deck.The house also lends itself to dual-living — the main residence on the upper level features three bedrooms, two bathrooms, a sunken lounge and billiards room.The studio, on the lower level, offers one bedroom, a bathroom and living areas. A double garage and storage area is also on the lower level. AUCTION RESULT NO-ONE SAW COMING HOMEOWNERS SITTING ON GOLDMINES 88 Tamworth Drive, Helensvale.THE unique character of this federation-style home stands out from the street.It’s exactly why Memory Ahec and Andrew Peri bought the Tamworth Drive property in 2016. There’s plenty of style throughout the house.ON THE MARKETAddress: 88 Tamworth Drive, HelensvaleAgent: Frank Gardner, Ray White Sovereign IslandFeatures: Claw-foot bath, raked ceilings, study, timber floorsArea: 1484sq mAuction: June 30, 10.30am, on-siteInspections: Saturday and Sunday, 1pm — 1.45pmlast_img read more

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Metricon’s latest display home more mansion-like than house

first_imgThe display home stands out from the street. Coast house sparks bidding war Cupcake queen’s sweet deal The kitchen with the wet bar and wine fridges. Metricon’s Queensland general manager Peter Ryan said The Riviera 65 showed what could be achieved with a knockdown and rebuild rather than renovating.“With the Gold Coast having a shortage of prime vacant land, it makes sense to rebuild the home of your dreams,” he said.The interior of the home features an open-plan kitchen with a butler’s pantry and the dining room has its own wet bar with two wine fridges. More from news02:37International architect Desmond Brooks selling luxury beach villa15 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoA sense of luxury at every turn. The dining area opens out to the outdoor entertaining area. The Riviera 65 display home, built by Metricon.GONE are the days when display homes consist of a basic floorplan and three bedrooms.Metricon Homes’ latest design, at Sorrento, is more mansion-like than house with luxury fittings and fixtures, a pool, theatre, wet bar and two wine fridges among its inclusions. Clive Palmer settles $12 million beach house The indoor living area opens up with bi-fold doors to an outdoor entertaining area that overlooks a pool, gazebo and waterfront.Upstairs there are four bedrooms and a theatre room.Metricon design director Adrian Popple said the bespoke design was all about luxury living, yet also provided a relaxing space to live and entertain.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59last_img read more

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Gold Coast apartment makes the most of its ocean views

first_img5/79 Albatross Ave, Mermaid Beach.IMAGINE waking up to the sound of waves washing up onto the beach.This beachfront apartment on Albatross Ave promises a luxury lifestyle with five-star views.Spread over three levels with a north-east aspect, it has plenty of indoor and outdoor living spaces.On one floor, there is an open kitchen, dining and living area that flows out onto an east facing undercover balcony overlooking the ocean. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenDifferences between building in new or established estates01:50 It has an entertainment area with pool overlooking the ocean as well as a kitchenette.The property, which is owned by Rob Mathieson, is also a stone’s throw from Mermaid Beach’s popular cafes and restaurants.Mr Malan expected the apartment to draw a big crowd when it goes to auction next week.“We’ve got lots of interest in it,” he said. 5/79 Albatross Ave, Mermaid Beach.A bedroom, bathroom and second living area is at the other end of the apartment.Upstairs, there are three extra bedrooms, the main of which has a spa ensuite, walk-in wardrobe and balcony.More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoMORE: The ultimate tree house But it’s the top floor that marketing agent Conner Malan, of Ray White Broadbeach/Broadbeach Waters/Mermaid Waters, believed was the property’s best feature.“They’ve got that full rooftop terrace,” he said. Agent: Conner Malan and Rachael Coffey, Ray White Broadbeach/Broadbeach Waters, Mermaid Waters Features: Pool, rooftop entertainment terrace, multiple balconies, Caesarstone kitchen benchtops, travertine flooring, ducted airconditioning Area: 407sq m Auction: November 8, 5.30pm, onsite Inspections: By appointmentcenter_img 5/79 Albatross Ave, Mermaid Beach. ON THE MARKET 5/79 Albatross Ave, Mermaid Beach 5/79 Albatross Ave, Mermaid Beach.last_img read more

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The cellars that rival a top winery

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:48Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:48 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenAustralia’s top suburbs to buy for foodies00:48LOVE a good drop? Well if your prized collection is a few bottles of cab sav in a wire rack on the kitchen bench, look away.These wine cellars might make you feel a bit, well, hungover.Gone are the days when a simple wine rack or fridge were enough to preserve or display your best booze, with many of the homes now hitting the market rivalling a top winery.Queensland Sotheby’s agent Tyson Clarke is marketing a jaw-dropping riverfront residence at 41 Riverview Place, Yeronga. It should come as no real surprise that even the wine cellar at 41 Riverview Place in Yeronga is flashyLocated opposite the Indooroopilly Golf Club, the wow factor starts at the wrought-iron gate.Inside, there is a wet bar and a 960-bottle climate-controlled wine cellar with ornate handcrafted metal gates, western-red cedar shelving and a sandblasted marble floor, all secured behind a triple-glazed door. Yep, it’s flashy. And probably contains wine worth more than this writer’s entire household contentsYou could then take a glass of your top drop and chill out by the indoor fire or outdoor fire pit, in the Zen garden or by the rock pool. Or you could drop your feet in to one of the two interconnecting pools or relax on the waterfront deck. It is listed for sale. Place Bulimba agent Sarah Hackett is marketing 30 Turner Avenue at New Farm – a stunning luxury house just a short walk from the suburb’s famed park. More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoBut you may never want to leave this 643sq m residence, which just screams entertainers dream. That’s some posh plonk!The open plan kitchen has the latest appliances and a large butlers pantry and sits opposite a spacious living and dining room, all of which flow out on to the patio, outdoor entertaining area, pool and sauna. A second dining room sits off the butlers pantry and has access to a 2000-plus bottle climate-controlled wine cellar with remote controlled doors. It is also listed for sale.Also on the market is 139 Kamala Drive at Pullenvale – Brisbane’s mini White House. The stately residence sits on almost four hectares of land, and is packed full of luxurious touches. RELATED: Trump that! The White House has a Brisbane ‘mini-me’center_img Brisbane’s mini-me White House at Pullenvale …But it is in the basement that you will find the impressive temperature-controlled, 1500-bottle wine cellar with etched glass features. … and it’s wine cellar fit for a diplomatic soiree!On the market for offers over $4.5 million, it is listed with Paris Arthur and Peter May of Place Graceville.last_img read more

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Reno tips for tourist hot spots

first_imgThe owners of this Fairshore Apartments Noosa will reap the benefits of their recently completed renovation (before). Not a single bid on Quade Cooper’s home Noosa market blitzes rest of state Carole Tretheway Design owner Carole Tretheway.“In locations where the outdoor lifestyle is important, creating a harmonious link between indoors and outdoors is very valuable, with external spaces such as decks and terraces being used as second living and dining areas.“Outdoor kitchens are also a popular and worthy addition, with families cooking as well as eating and entertaining outside. “Choosing appropriate finishes for external areas that are hardy and durable is extremely important in achieving longevity, especially in coastal conditions. More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours ago“Including a ‘mud room’ off the laundry and near the entry is a fantastic addition, being the perfect place to kick off sandy shoes, towel the dog down and store exercise gear after a walk on the beach without traipsing sand and clutter through the house.“Homes in popular holiday locations often end up hosting large family gatherings at Christmas or New Year so if some of the other bedrooms are able to have semi-self-contained facilities like a kitchenette or separate entry that can allow privacy for different family groups that can be a big asset.”Ms Tretheway said a multi-use room was a great option if there were no spare bedrooms. it could be a family or media room that has the facilities to be turned easily into a private space. The owners of this Sunshine Beach property added value to their home with a clever kitchen and deck project (before).“Kitchen and bathroom renovations are often the starting point and it’s important to note that choosing the best quality finishes and fixtures within your budget will add more value in the long term than the latest tile trend,” Ms Tretheway said. For those who live in those regions, Carole Tretheway Design owner Carole Tretheway said simple renovations, design changes and makeovers could make all the difference to their property values. Million-dollar pad flipped to the Rafters Ms Tretheway said engaging a professional designer did not have to be expensive and could often save money.“We’ve seen so many examples where owners have tried to update a property themselves and then call us for help to fix it,” she said.“It’s often much easier, quicker and cheaper to use an expert and then get the property back on the rental market sooner.”center_img The owners of this Sunshine Beach property added value to their home with a clever kitchen and deck project (after).As the Christmas break looms popular beachside destinations across Queensland are becoming heavily booked, from the Gold Coast to Noosa and as far north as Port Douglas. The owners of this Fairshore Apartments Noosa will reap the benefits of their recently completed renovation (after).Ms Tretheway said with thousands more owners nationwide looking to list their properties on sites such as Airbnb and Stayz, it made sense for owners to ensure their units and homes looked their brightest and best.“If you can make your property stand out from the crowd it creates greater demand and therefore can attract higher rental, better reviews and increased levels of return guests,” she said.“Clients who have decided to commit property upgrades and makeovers are reaping the rewards from their investment.“It’s also a good way to contribute to the general upkeep of the property.”“You can add considerable value to your property with anything from a major kitchen or bathroom renovation, to minor improvements such as updating lighting, furniture or decor items,” she said. >>FOLLOW EMILY BLACK ON FACEBOOK<< According to Expedia, many of Queensland’s holiday destinations were more than 90 per cent booked for Christmas by October. MORE: RELATED:last_img read more

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House with seven loos is good to go to auction

first_imgThe indoor and outdoor kitchens at 19 Boolama Place.All work and no play is not the Roman way so we’re also giving a shout out to the gymnasium, 8-seater cinema, sauna, and resort pool on the 7402sq m property. >>>FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK<<< The home cinema.More from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoKatrina Walsh of Harcourts Coastal Broadbeach is taking 19 Boolama Place, Mudgeeraba to auction tomorrow at 11am with the auction being held at 16 Queensland Ave, Broadbeach.BRISBANE 105 Browne St, New Farm This house at 19 Boolama St, Mudgeeraba, goes to auction tomorrow.THERE’S a loo for every day of the week in this Gold Coast lakefront house that goes to auction tomorrow ahead of the Easter break.Ancient Romans would marvel at this five-bedroom house at 19 Boolama Place, Mudgeeraba, that spreads across 742sq m of single-level floor space as it is a study in modern plumbing.Five ensuites are attached to four bedrooms because the master bedroom has two, one with external access. The house at 49 Witta Circle, Noosa Heads.A French connection is strong in this two level riverfront home at 49 Witta Circle, Noosa Heads with its own private jetty.The influence can be found in the French provincial kitchen, external arches, mosaic tiled entrance, wine cellar and stone-faced wood-burning fireplace. And from the back.Called ‘White Lace’ in reference to architectural features throughout the house, there is a temperature controlled wine storage room, a study, walk-in pantry and large inground pool.Matt Lancashire of Ray White New Farm is taking the house to auction tomorrow at 5.30pm.SUNSHINE COAST 49 Witta Circle, Noosa Heads The view from the front of 105 Browne St, New Farm.A home that embraces vertical integration as much as the early Roman Empire, this four level house at 105 Browne St, New Farm still looks like a 1930s workers cottage from the front but has been extended behind to include a rooftop terrace and three levels of living space. Classic arches and french doors.It is no wonder Ancient Rome was so taken with France back in the first Century.This four bedroom house on 616sq m, has two master suites, an expansive void above the lounge room, an inground pool, and outdoor barbecue area.Eric Seetoo of Tom Offermann Real Estate Noosa Heads, is taking the property to auction on Thursday at 1pm. One of the master bedroom ensuites with a sliding door to outside.Seven toilets service the residence, and there is a walk-in pantry and butler’s pantry, which service both the indoor and outdoor kitchens.last_img read more

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The outer ring ‘mini-CBD’ estate visited by koalas

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59With bushland access and views, it is probably not surprising that koalas find their way into the backyard of this sprawling estate.But what might surprise you is where it is located. This five-bedroom, five-bathroom home is located on a sprawling 1893sq m in Upper Mount Gravatt, a suburb considered one of the most important business centres outside of the Brisbane CBD, or even the city’s outer ring ‘mini-CBD’. MORE NEWS: Huge riverside apartment project revealed This sprawling estate at 29 Prenzler St in Upper Mount Gravatt is often visited by koalasOwned by Louise Morton and her family for nearly 20 years, it was also previously home to the founder and CEO of Place Estate Agents, Damian Hackett.“We were pregnant with our third child at the time and while we were happy enough where we were, we were also looking for a place with space to bring up children,” Ms Morton said.“Actually, dad’s brother lived in Prenzler Street and that’s the only reason we knew about the area because it’s a quiet enclave that you wouldn’t drive through unless you knew about it.”Smitten by the location, the double allotment and the fact they could never be built out, the Morton’s knew almost immediately they had found the right place in which to raise their three children. The property came with the original house, built in 1973, and the couple lived in it for a few years while working out how to best configure it. They completed a major renovation in 2007.“The bones of the old house are there but we’ve added a whole new pavilion, a kid’s retreat, a stunning gourmet kitchen with butler’s pantry and plenty of living spaces,” Mrs Morton said.“A lot of love went into designing this home and it’s been renovated in such a way that someone can put their own unique touch on it.” Michael Matusik lists Brisbane acreage home High-end features include remote controlled blinds, automatic entry gates, Vac-Maid, under-bench wine fridges, an intercom and security system, a 25,000-litre water tank and secure parking for five cars.The property has direct access to Toohey Forest Reserve and its walking tracks and is separated from its neighbours by the tennis court and a manicured hedge.“We created a space so everyone could gather at our place and they did and it’s been truly wonderful, but now it’s someone else’s turn to enjoy it,” Mrs Morton said.center_img Soaring ceilings deliver a sense of grandeur and there is 712sq m of living space in the house with the first floor dedicated to entertaining areas and the kitchen. A large deck overlooks the pool, tennis court and greater Brisbane area.The five bedrooms are upstairs, three have built-in wardrobes and are serviced by one bathroom and one bedroom has a walk-in wardrobe and ensuite. The master bedroom looks across Mount Gravatt outlook and has an oversized walk-in wardrobe that leads into a luxury ensuite with a freestanding bath and double shower. More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours ago Mrs Morton said house had served her family well but their children had now finished school, and while they still lived with them, they didn’t need the space so had built a new home in Holland Park with four bedrooms and a lift. “We renovated this house so it’s large enough for everyone to have their own privacy but also so it’s easy for everyone to gather together. We don’t need a tennis court now and all those things that are best suited to families with younger children,” she said.“It feels like you could be living in the middle of nowhere yet you’re only five minutes from the South East Freeway and Garden City is on your doorstep.” ‘Starter house’ in million-dollar suburb gone in 60 secondslast_img read more

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Madam Butterfly Susie O’Neill and her medico husband drop $5.6m on trophy home

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:12Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:12 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenMost expensive sales of 201901:13The new owner of a spectacular Brisbane riverfront residence has been revealed, and it is none other than our own Madam Butterfly.Nova Presenter and former Olympic Swimmer Susie O’Neill gets a fashion makeover from stylist Laura Churchill. Photo Lachie MillardNewly released property records show that swim star Susie O’Neill and husband Cliff Fairley, a respected surgeon, spent $5.6 million to secure the Frank Lloyd Wright-inspired 1225 sqm residence.MORE NEWS: River, the sea, canals driving up pricesTV host Andrew Winter sells waterfront home Why selling off-market could cost youSusie O’Neill and husband, ophthalmologist Cliff Farley.Described as a “one-of-a-kind” residence, it is sprawled over two titles totalling 1505sq m and has five double bedrooms, five bathrooms and a home theatre.Wow!There is also a stunning granite kitchen, multiple living and entertaining spaces, a glass lift serving all three levels, a home office, library, a gym and an infinity edge pool.Other features include a private pontoon and treehouse pavilion.Records show the house was sold by Ray White New Farm principal Matt Lancashire after more 693 days on the market.More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoIt was first listed for sale by expressions of interest in October 2017.The Queensland swimming champion and eight-time Olympic gold medallist is now on Brisbane’s Nova 106.9 breakfast radio show with Ash, Kip and Luttsy.O’Neill and Fairley, an ophthalmologist, sold another house on riverfront land at Yeronga for $3 million in 2017.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:09Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:09 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenBenchmark busters of Brisbane 201901:09last_img read more

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