Almost $1 million for this ‘renovator’s delight’

first_imgThe agent fielded eight written offers before the auction.On auction day, 15 registered bidders looked to make it theirs, but it was a Brisbane buyer who landed the home at the near $1-million-price tag.According to Mr Murray the buyer has experience with renovations.“We’ve got a happy buyer and a happy seller — but it exceeded expectations for sure.“I think there’s still a lot of growth. I think we’re just at the point where the pin is about to drop and were about to see a lot more of these big sales — especially in unrenovated, well positioned, well marketed property.”Mr Murray says although the sale was to a local purchaser, interstate interest in Brisbane is growing.“People coming up from the southern states looking to buy something that close to the city on a 405sq m for under a million dollars is unheard of down there, whereas they come up here and you could almost buy two for the price of one.” This Brisbane ‘renovator’s delight’ has sold at auction for $970,000.Buyers are fronting up big dollars for fixer-upper homes in some of Brisbane’s best suburbs — and it could be just the beginning if the $970,000 sale of 10 Bernhard St, Paddington is any indication. The agent believes demand for unrenovated property in Paddington is only just ramping up.center_img 10 Bernhard St Paddington will require some work to unearth its full potential.The three-bedroom, one-bathroom renovator’s delight sits on an elevated 405sq m allotment close to cool cafe’s and boutique retail, but it will take quite a bit of work to unearth a grand residence from the modest home.While at this stage the property only has ‘city glimpses’, there is potential to take things up a notch, according to Andrew Murray, sales agent at Ray White Paddington.Mr Murray said he was able to leverage off previous selling campaigns and brings an extraordinary level of competition to Bernhard St.“I had a couple of properties recently that I sold — unrenovated cottages in Paddington.”More from newsMould, age, not enough to stop 17 bidders fighting for this home5 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor5 hours agoMr Murray said the property had a great sales campaign with 93 groups at open homes, 25 private inspections and eight written offers before auction.“Given the amount of work we put in, it didn’t surprise me,” he said.last_img read more

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Greece sets affiliate licensing conditions for revamped gambling market

first_img Submit Share StumbleUpon Related Articles OPAP delivers on Athens children’s hospital CSR projects July 6, 2020 Greek retail closures rock OPAP Q1 performance June 11, 2020 Further requirements published in Greece’s approved new gambling bill, will require affiliate marketing partners to register and pay a €1,000 licensing fee with the Hellenic Gaming Commission (HGC).This October, following a year of deliberation, the Greek Parliament progressed final amendments of its new gambling bill, which will introduce a modern regulatory framework for online gambling services.Serving as lead regulatory  authority, the HGC is set to monitor and process all licensing application for Greece’s newly regulated markets with regards to operators, technology suppliers and marketing partners.A new regulatory framework will see operators pay €3 million for permits related to sports betting and casino games.For marketing incumbents, the Greek government has sanctioned HGC to act as a registry for authorised marketing partners, in which licensees will only be approved to conduct Greek consumer-facing promotions with affiliates approved by the regulatory bodyThe 24 online operators issued with temporary Greek licenses in 2011 will be allowed to continue operating under these licences until 31 March 2020, but will then be forced to reapply for new certification. However, those operators ‘black-listed’ in the year prior to licensing won’t be eligible.As expected, the Greek government has retained its 35% GGR tax charge but repealed a section of the 2011 gambling law that allowed online licensees to deduct this tax payment from their 20% corporate tax obligations. Greek leisure approval sees OPAP return to full capacity June 8, 2020 Sharelast_img read more

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