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Showing posts from November, 2022

The Increase of Third Place in the Modern Office

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 Hi, Modern offices are like a hangout zone where you can laugh, work and play all at the same time. The spaces where you can do so are demarcated as the third place. They are quite different from the serious and professional offices that were considered the best place to concentrate on work. These hybrid models offer more creative space and collaboration avenues to help employees work at ease without any pressure. Mental health and well-being has taken precedence over everything else. Thus, businesses and landlords are asking for the Third Place in modern offices. Here is an article that will tell you everything about them.   https://www.commercialproperty2sell.com.au/blog/2022/11/the-increase-of-third-place-in-the-modern-off.php

Quadpay’s Brad Lindenberg leads fintech’s winners on $26.5 million Bellevue Hill home upgrade

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 Quadpay co-founder Brad Lindenberg has kept a low profile compared with fellow eastern suburbs fintech entrepreneurs, but he is set to become one of the best housed, given he is said to have bought designer digs in Bellevue Hill for $26.5 million. The buy now, pay later fintech sector has given rise to a few notable home purchases in Sydney in recent years, such as the $45 million consolidation of apartments at North Bondi by Afterpay co-founder Nick Molnar and David Hancock’s $14 million Paddington compound. Read More: https://www.smh.com.au/property/news/quadpay-s-brad-lindenberg-leads-fintech-s-winners-on-26-5-million-bellevue-hill-home-upgrade-20221103-p5bvas.html

Only in Sydney: $15,000 a week rent to find cockroaches – and the landlady – on arrival

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 When the American director of the Illawarra Hawks basketball team, Jared Novelly, arrived at the penthouse of The Hyde tower last year ready to move into his $15,000 a week rental he was not expecting to find his landlady still in residence. Nor did he expect to find faulty finishes, a cockroach-infested kitchen, a spider-infested barbecue and pool area on the rooftop, spilled ointments in the bedroom, and bags of dirty underwear and clothes. He was, however, hoping work had at least started on a list of high-end upgrades, such as the installation of two cutting-edge, self-cleaning toilets at $28,000 a pop, a home theatre fit-out and an electronically controlled television mounted on the wall of the master suite. Read More: https://www.smh.com.au/property/news/only-in-sydney-15-000-a-week-rent-to-find-cockroaches-and-the-landlady-on-arrival-20221101-p5buqf.html

Property sellers cut their price hopes to meet budget-conscious buyers

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 Auction clearance rates have improved to levels last seen before interest rates began to rise, new data shows, as sellers reduce their expectations to get deals done in the market downturn. Buyers are also returning to the market with a clearer idea of their budgets, as the initial shock of seven interest rate rises subsides, agents say. A jump in the cash rate to 2.85 per cent has cut the amount of money buyers can borrow, sending the once-booming housing market into reverse. Although prices are still falling, the auction clearance rate has picked up for three months in a row and lifted above the 60 per cent mark. Read More: https://www.smh.com.au/property/news/property-sellers-cut-their-price-hopes-to-meet-budget-conscious-buyers-20221104-p5bvqc.html