Bees Nees City Realty
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Posted by admin on 10 March 2010

We don’t often repeat material from other people on this blog, but the below notes from prominent Brisbane property commentator Michael Matusik are as topical as they come and deserve repeating as part of the ‘debate’.  The Government wants to debate the value of population growth to our city/state/nation, but unless we erect a big fence along Australia’s coastline how would we ever stop it?

Matusik Missive - Population debacle
10th March 2010

“I was involved in last week’s Great Growth Debate held by the PCA in Brisbane. This was held as a forerunner to the Queensland government’s own debate about the same subject, to be held at the end of this month. The PCA was hoping that the “pro” side of the debate would get a better airing if they ran their own shindig. The jury still remains out on that note.

In recent weeks, I have been asked on numerous occasions what I thought was the purpose of the government’s upcoming debate. My answers included - to distract and confuse the public; to been seen to be doing something; and to remove the sale of public assets off the media’s agenda for a while. I might have even said “bogan” public, which sounds harsh, but too many (and increasingly so) of our fellow citizens are not interested in any serious debate; readily swallow the spin and are more interested in what tattoo they are going to get next, rather than how the place is run. Get rid of compulsory voting if you ask me. But I digress.

As I said in my short presentation at the PCA gig the other day, it is a waste of time debating growth - it will continue to come. We need it, and even if we wanted to stop it (or even slow it down), we are largely helpless to do so. Even “planning for growth” is a waste of time - we have more plans that you can poke a stick at. What we should be debating is “how to accommodate growth”. We need implementation. Action is what is missing, and so too is political fortitude. Whilst I agree more with Mayor Pisasale’s ideals, I also admire Mayor Abbot, for at least he stands up for what he believes in and is prepared to be voted out come the next election if his constituents disagree.

What the market wants - and by, market, I mean residents, business, investors and the development community - is certainty. Strong leadership would have conducted this growth summit before the redrafting of the SEQ regional plan. The same would apply to the koala issue; ban the banning; potential changes to land tax and the sustainability declaration, to name just a few. Future planning matters should be dealt with in an organised way, such as the prescribed five year review of the regional plan.

But at almost every turn these days the Queensland government introduces a bill into Parliament, without adequately consulting the public. Sometimes, as in the sordid land tax case, previous decisions by the court are sought to be overturned. This uncertainty broadcasts loudly to potential investors in the state, to whom a stable legal system, with an observance of the rule of law, is a precondition to any investment. And many are not happy, Anna!

Back to accommodating population growth. I suggest the following measures:

Ø Decentralise the workforce out to major greenfield estates and beyond.

Ø Encourage more competition by forcing the major developers to release stock rather than drip feeding the market. They deny it, but that is exactly what they do.

Ø Get urbanisation to work by having minimum density targets, on a sliding distance scale, around our key pieces of infrastructure.

Ø Shorten, and make development approvals easier to get. ULDA gave themselves an approval in six months. That should be the benchmark now. Proof, as they say, is in the pudding.

Ø Limit local resident involvement to architectural, land use and sometimes tenancy matters only and not in the overall quantum of a new urban development.

In order to do such, a strong top-down approach to planning is needed. This takes political guts. Bottom-up planning, where NIMBY-ism rules the roost, is not working.

Population growth is coming. We cannot stop it and I suspect that it will accelerate (in Australia at least) over coming decades rather than slow down.

Unfortunately, “development” today is a dirty word in Queensland. What is even more despicable is that the government does not appear to see land as a significant asset. Nor do they understand - well, at least it is not portrayed as such to the voting public - that value adding to our land (i.e. development) creates wealth, jobs and a more sound economic future for Queensland.

In the lead up to the government population growth summit at the end of March, I hope that these thoughts or similar get an airing. In my mind, it is vital that they do.”

Share your views on “Michael’s Blog” at www.matusik.com.au

Posted by admin on 8 March 2010

buying a Brisbane propertyBought a property in recent times? Here in the Smart State we must have one of the most complex, confusing and convoluted contract processes in the western world. Warning statements, disclosures by the dozen, many of them in BIG BOLD LETTERS. We’ve written here before about the failure of these so-called consumer protections.

Last Friday night we met with a couple who wanted to buy their first home. It’s 7pm at the home’s kitchen bench, another offer’s been received, the auction’s the next day, so no time to waste. And out we come with the 5 documents over 22 pages. Nervous do you think? Do they understand fully the details and implications? Is it a fair environment to put anyone in?

Surely consumer protection is firstly about informing people? How can they be fairly informed by 22 pages of reading on a Friday night? And this isn’t including the 2 page Sustainability Declaration the seller’s provided or the building and pest inspections they still need done. Or the title/council/body corp/main roads/EPA/flooding etc searches their solicitor will ask them to check.

One option being canvassed is the idea of a disclosure document, prepared and paid for by a seller before they put their property on the market. Kind of like a “roadworthy” you need before you can sell your car. It could include all the usual info and even a building and pest report, and be available to each and every buyer when they first enquire. If you don’t understand something, you can ask your lawyer/valuer/townplanner/banker/Uncle Jack before you decide to buy…

Then we can have simple contracts that everyone can follow.

What do you think of this idea? Got another solution to the masses of contract paperwork?We’d love to hear your comments.

Posted by admin on 8 March 2010

Great news for landlords and tenants of the Bees Nees team with our

Bees Nees' Annie von Rudzinski

Bees Nees' Annie von Rudzinski

Manager Annie von Rudzinski elected to the Property Management Chapter Committee for the Real Estate Institute of Queensland.  Annie has worked in this part of the industry since the early 1990’s and her appointment recognises her experience, and ability to help direct REIQ’s position on legislation and other tenancy issues. Annie’s keen to hear input on how things could be improved on all sides of the rental marketplace.

Principal Rob Honeycombe has also been asked to join the Residential Tenancies Authority’s Industry Development Forum. Rob was recently elected to the board of the REIQ and will represent the Institute at this Forum. After a new full Act’s introduction in 2009 this is a quieter year for the RTA, but the industry’s still adapting to the changes.

Posted by admin on 6 March 2010

Friday’s are for fun… so here’s one of the best we’ve seen on email this week. Got a joke we can share? (It’s tough finding funny and clean material!)

A guy is driving around the back woods of Montana and he sees a sign in front of a broken down shanty-style house: ‘Talking Dog For Sale’. He rings the bell and the owner appears and tells him the dog is in the backyard. The guy goes into the backyard and sees a nice looking Labrador retriever sitting there.

‘You talk?’ he asks. ‘Yep,’ the Lab replies. After the guy recovers from the shock of hearing a dog talk, he says ‘So, what’s your story?’

The Lab looks up and says, ‘Well, I discovered that I could talk when I was pretty young. I wanted to help the government, so I told the CIA. In no time at all they had me jetting from country to country, sitting in rooms with spies and world leaders, because no one figured a dog would be eavesdropping. I was one of their most valuable spies for eight years running. But the jetting around really tired me out, and I knew I wasn’t getting any younger so I decided to settle down. I signed up for a job at the airport to do some undercover security, wandering near suspicious characters and listening in. I uncovered some incredible dealings and was awarded a batch of medals. I got married, had a mess of puppies, and now I’m just retired.’

The guy is amazed. He goes back in and asks the owner what he wants for the dog. ‘Ten dollars,’ the guy says. ‘Ten dollars? This dog is amazing! Why on earth are you selling him so cheap?’ ‘Because he’s a liar. He never did any of that!’

Posted by Richard Fleming on 1 March 2010

L'academieThe other day my partner and I together with a few friends visited L’academie for dinner in Spring Hill. Initially our overall attitude was, lets give it try and see how we go. L’academie as the name suggests is a training hub for some of Brisbane’s finest up and coming chefs where they obtain exposure to a real restaurant and not just the classroom.

As soon as we entered the restaurant, which is situated on St Pauls Terrace (cnr with Gipps Street), we were immediately greeted by members of the team and shown to our table which we had pre-booked. Not knowing what to expect we were all impressed with the ambience of the restaurant which boasts fine chandeliers, an array of classic pictures (which would be the envy of many a gallery) as well as soft French music which added to the overall atmosphere. In addition to this the service was exceptional with waiters always being very responsive and courteous.

We measure our attitude to a restaurant with all the above in mind and obviously the main determinant as to whether we would re-visit an establishment is the quality of the food. In that regard I was extremely impressed with all 3 courses and so were the others in the group. The cost is only a fraction of what you would normally expect to pay for a similar experience in a non training restaurant.

To all at L’academie, congratulations and bon appetit.

Posted by Karen Bolt on 25 February 2010

wheelie binWe’ve just read all the news online about the new fine imposed for leaving your bin out for more than 48 hours and we don’t strongly disagree.
As residents of inner city and suburban streets of Brisbane we like a neat street. But as real estate agents we wonder - who will pay the fine?

We’ve today gone out to a property under our management to complete the exit inspection, the tenants have moved on. The tenants have done exactly what we expect them to do and left their bin out waiting for bin day. I’m not dragging it in and dragging it back tomorrow (especially on 30 homes a month) Where would agents fine time. And..Yuck!

366 comments on news.com.au clearly shows people have an opinion on this issue. As a tenant or landlord in Brisbane what would you prefer?
a) Tenant leaves bin on street and property manager pulls in within reasonable time frame
b) Council fines landlord, so bin is left inside and stays full (ooh stinky for next tenants)

We know for sure it will be landlords that will pay the fine (Council has all their records at their fingertips and nothing for the tenants) and that doesn’t seem fair.

We know it is an issue, but I think a ‘repeat offender’ system might have to be adopted. Your thoughts?

Posted by Richard Fleming on 25 February 2010

As the Bees Nees’ specialist in Spring Hill I spend a lot of time in the suburb’s apartment buildings. In this series of posts on Spring Hill apartments I’ve profiled some of them to give you a taste of life in this exciting suburb!

Oxygen Apartments - 170 Leichhardt St, Spring Hill

Number of apartments 191
Developer Spring Hill Developments Pty Ltd (Honeycombes Property Group)
Size and previous land use 6853m2 - former Metro Ford dealership
Builder Watpac
Architects Scott Peabody of Planit Architecture, Liam Proberts of Fairweather Proberts, John Simpson and Scott Taylor of Terrain Landscape Design
Year of completion 2005
Number of 1 bedroom apts 48
Number of 2 bedroom apts 107
Number of 3&4 bedroom apts 36
Amenities 2 pools, big gym and 1 acre of landscaping and open space; ground floor mini-mart and pizza shop
Other comments Spring Hill’s largest residential development with 26 different floorplans and a broad variety of architecture. Mixed use project with offices and shops. Record sale was a 4 bedroom penthouse sold by Bees Nees’ David Veerman for $980,000
Recent sales Sept 2009 1 bed “skyhome” $380,000; Nov 2009 2 bed 1 bath $417,000 For an estimate of the current sale price of your apartment please call Richard Fleming on 0404 397117 or email richardf@beesnees.com.au
Current rents 2 bed 2 bath rented in Jan 2010 for $490; 2 bed 1 bath rented in Aug 2009 for $445; For an over the phone estimate of current rents in Oxygen please call our Senior Property Manager, Karen Bolt on 0432 100533 or email karenb@beesnees.com.au
Views and aspect? City skyline to the south and elevated northerly views across Spring Hill toward the bay.
Are pets allowed? No

Oxygen Apartments' "Parkview" Building

Oxygen Apartments' "Parkview" Building

The main pool in the Village Green

The main pool in the Village Green

The "Cityview" building

The Oxygen Apartments "Cityview" building

The record holder sale at Oxygen Apartments

The record holder sale at Oxygen Apartments

Do you live in the Oxygen apartments? Tell us what you think - we’d love to hear your comments!

For more info or an estimate on the current market price of your Oxygen apartment please call Richard on 0404 397117.

Posted by Karen Bolt on 22 February 2010

Professional internal imageAs an agent we’re given the property you own, that you spend your hard earned dollars keeping, and you trust us to do our very best to manage it.

Our “very best” can be a range of things, so make sure you choose an agent for both their key skill sets: Letting & Management.

Bees Nees gives every new landlord a big gift for coming on board:  innovative and eye-catching promotion. Our promotion of rental properties is absolutely outstanding compared to most of our competitors (to be honest I have to laugh at many rental advertisements I see, they are a joke!).

Firstly, we organise a professional photography shoot. They look fantastic, even I can’t make a penthouse look good on a $99 Canon.

Secondly, we organise a drawn floor plan. So the tenants can imagine life in the home before they call us.

Thirdly, we write an ad that leaves nothing to guesswork. The facts in full so we’re making your home the easy choice on a long list of competitors! (don’t leave something out that you know tenants will ask about, or they may just call about another property!)

This is not rocket science. This is simple, informative and time saving for your tenants.

So if we create a cool ad, more people will click on it.  If we give them the information they need your home will be first choice. Then if we show them and make the process easy (24 hour turnaround), they think “Geez I’d love to rent from Bees Nees” and hey presto you have yourself a tenant.

We also know that once have a tenant, there is no way you can trust that the tenant will have  gorgeous furniture. Come time to find the next tenant, we have the lovely photos from the start!

Posted by admin on 18 February 2010
Artist's impression of the Manning Street project

Artist's impression of the Manning Street project

It’s a long time in the planning but the redevelopment of Milton Rail and the new construction above and adjacent to the station may be nearer to happening.

The latest FKP Property Group application for a 31-storey building was approved by Brisbane City Council last week. We wrote 3 years ago about their ambitious plan to build a mammoth tower over the railway line. Something like this does take time but the economic meltdown hasn’t helped.

According to Westside News the original proposal for two towers of mixed residential and commercial space was altered during this latest application process to just one tower to fit the Milton Local Area Plan more closely.
The proposal includes a significant upgrade to the Station, including new retail spaces.

The building, to be imaginatively called “The Milton”, will house over 300 one and two bedroom apartments with commercial offices on the lower floors.

Meantime Kozmic Developments has also received Council approval for their 21 Manning Street tower, a 127 apartment project right behind Park Road. This will be a great example of land re-use in inner Brisbane, with relatively modern apartments to be bulldozed to make way for the project.

Exciting times for Milton!

Posted by Rob Honeycombe on 15 February 2010

Brisbane cityDid you know one quarter of Brisbane’s residents live in our inner city and these suburbs have 350,000 jobs, one half of the city’s total workforce?

We often read about Brisbane’s inner city and how it’s a unique lifestyle compared to the ‘burbs, but it’s rare to see this defined in any way. Where is our “inner city” and how are its residents any different, if at all?

In a current BCC and government planning process called “River City Blueprint” we’ve got a rare snapshot of the area they define as the 5km radius of our CBD. From Taringa to Morningside, Lutwyche to Annerley, this plan is being overlaid on the more than 30 separate planning documents in the area. It’s an attempt to give these suburbs a cohesive master plan.

So here’s the facts:

Brisbane’s inner city is just 78 square kilometres or 6% of our geography. With approx 250,000 residents that’s 28 people per hectare. Around 51% of us live in medium and high density dwellings compared to a quarter to all Brisbanites. We have less kids than the ‘burbs but more 18-34 year olds. There’s fewer families, more lone person households and more of us choose to work.

No big surprises there.

This is a multicultural area with a quarter of us born overseas. After Poms and New Zealanders those born in China are highest in number so Mandarin is our 2nd most spoken language, (assuming you call Kiwi “English”!). Some 22% say they don’t have a religion and Buddhism (2%) is still a distant second to Christian denominations (56%) for those who do nominate a faith.

Compared to Brisbane’s ‘burbs-dwellers we have higher incomes, more Bachelor and higher degrees and there’s more professionals and managers. We also own less cars and 10% of us walk to work.

The Blueprint taskforce collated this data from the last Census so it’ll be interesting to see how it’s changing. Go to their website if you want to read more or submit your own views on our inner city’s future.

One thing’s for sure: if the government’s projections for 200,000 new inner city jobs comes true we’d better build some more housing.

Love to hear your comments. How is inner Brisbane different to the city’s outer suburbs?