Rare opportunity to buy neighbouring Gold Coast properties in Mermaid Beach

first_imgThey’re only a short walk to the beach. Both properties have been owned by a local dentist for 25 years. MORE NEWS: Top five properties made for horse lovers Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:29Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:29 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 Rate1xFullscreenWays to get into the property market for less00:29 More from news02:37International architect Desmond Brooks selling luxury beach villa10 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoOne property is a house and the other is a duplex. They have a combined footprint of 810sq m. Professionals John Henderson Real Estate partner Luke Henderson was marketing the sites with Matt Maguire.He said the properties with a combined 810sq m footprint offered a rare opportunity to buy in the exclusive beachside suburb.“For those people wishing to build a substantial family home with room for a backyard or a swimming pool in Mermaid Beach, the opportunities to secure a suitable site are few and far between,” said Mr Henderson.“And with these particular properties, the appeal is even greater because they sit exceptionally close to the beach.” Both Mermaid Beach properties at 7 and 9 William St have hit the market, offering house hunters a rare opportunity in the area.HOUSE hunters and investors are being offered a rare opportunity to snap up two neighbouring Mermaid Beach properties metres from the sand and surf.The duplex and shack at 7 and 9 William St have hit the market with the option of buying them together or separately.Gold Coast dentist Barry Young has owned the residences for 25 and 21 years respectively and decided it was time to sell them as part of a restructure of his investments. They will go under the hammer together but can also be purchased separately. All three residences are rented out for more than $300 a week each.The duplex at No. 7 includes a three-bedroom unit, which is rented for $330 a week, and a two-bedroom unit, which is rented at $310 a week.The trendy beach shack at No. 9 has three bedrooms and is rented for $440 a week.Both sites will go under the hammer at the agency’s Spring Auction Spectacular on September 10 at the Mermaid Beach Bowls Club. Mr Henderson said they would initially go to auction together but could be purchased separately. MORE NEWS: Extravagant castle going under the hammerlast_img read more

Shell to sell its stake in Thai gas field

first_imgThe Hague-based LNG giant Shell said on Wednesday that it will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand to PTT Exploration & Production (PTTEP) for $750 million before tax.The transaction is expected to complete in the second quarter of 2018, Shell said in its statement.“Shell’s decision to divest remains driven by our strategy to sell non-core assets in order to re-shape Shell into a simpler, more resilient and focused company. This sale takes Shell a step closer to its divestment target of $30 billion,” it said.The agreement is for Shell’s stake in Blocks 15, 16 and 17 and Block G12/48. Following the completion of this transaction, PTTEP’s stake in Bongkot will increase to 66.6667%, with the remaining 33.3333% owned by Total. PTTEP is the current operator of Bongkot.last_img read more