About Business April 2016

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In Focus

THE RIPPLE EFFECT

instagram insights

PROPERTY STAGING

Funeral arrangements, Pippa Colman explains who can do what

Rachael Yurko defines what luxury means to her and how to achieve it

grow your social media with these 10 tips from what the fox creative

Improve the presentation of your home to create street appeal

grant field

elite performance

He is one of the most respected golf coaches in the business, with an unrivalled ability to produce champion players

Property advice, business tips, and more!

BLOKES ABOUT TOWN

We find out that owning or running a business is not for the faint-hearted

Brought to you by the coast’s leading lifestyle magazine www.profilemag.com.au

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Celebrate EVERYDAY! In business, as in life, I believe you attract people like yourself. So I have always found that you need to be the right ‘boss’ to attract the right staff and clients. A business owner who has the right intentions, who puts people and clients first, and has an ethos of giving more than taking, will create such a positive environment that the business can’t help but grow and prosper. Having the right ethos in your business is part of my ‘High-five’ of business success. A FEW YEARS AGO, when I looked at my business, I realised that to create the business success I desired I had to change my approach in two areas.

I had to get the right people in my business and have the best possible team – a team focused on the success of the clients and not focused on themselves.

 I had to decide on the type of client I wanted to work with, rather than just accepting any client. Having happy, successful clients makes it much easier to run a successful business.

I wrote down a detailed description of the type of employees and clients I desired. Second, I planned how I would keep both my team and clients all moving in the same positive direction. A huge part 44

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of this for me is ‘Celebrating Success’ and I try to do this everyday. What makes this even better is that everyone loves celebrations and good times.

Here are five strategies you can use to help build a happier team at work:

 Provide a sense of purpose for

your people – we focus on how each person can help create an awesome customer experience.

 Give opportunities for success so employees feel like they’re progressing toward a goal.

 Encourage, reward and

recognition among your team allows success and motivates them to do even more.

And here are some specific things I try to do that can create everyday celebrations: • We celebrate birthdays in a big way which means cakes, flowers, photos and more. • Rewarding staff spontaneously for their contributions with gift cards, movie tickets, wine or weekends away. • Simple things like ‘high-fiving’ in the office to celebrate great news. • Our clients receive gift hampers when milestones are achieved. Considering all of us spend a great deal of our life at work it makes sense to me to have fun. Why else would you turn up each day and spend so much time doing something if you didn’t enjoy it? When it’s a passion it’s not work!

 Create a balance through flexibility

in roles and balancing work and life. Giving staff flexibility to fit in life and family increases loyalty and longevity in your team.

 Create a culture of trust open and honest communication is essential when building your team. If your staff have no fear in alerting you to errors, then you can fix problems before they become a major issue.

WWW.CHRISCHILDS.COM.AU

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BUSINESS

Elite

PERFORMANCE WORDS JESSICA CROFTS PHOTOS REBECCA SMITH

Grant Field is considered to be one of the most respected golf coaches in the business and while his ability to produce champion players is unrivalled, it’s his altruistic approach in putting others first that truly speaks volumes. So how does the Queensland Academy of Sport Assistant Golf Coach get the best out of his elite performers? GRANT FIELD

A

s I walk across the manicured green of the Twin Waters golf course to meet Grant Field, the scenery is something I could never tire of. Neighbouring a pristine lake, Grant’s office sits out in the open and as I approach him from afar, he is doing what he does best. Exuding a laid back and easygoing attitude, Grant is one of Australia’s leading golf coaches. Being a Certified Member of the Australian PGA, Advanced in Coaching, he is on the coaching panel of Golf Qld and the Boy’s Team State Coach. But these are only a few of Grant’s long list of achievements.

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In 2012, he was awarded Queensland PGA Teaching Professional of the Year, being nominated for the award the last four years in a row and is one of only a small number of coaches to be accredited with the AimPoint Green Reading Certification in Australia. Given Grant’s success, it’s no surprise it stems from a young age, as he started playing when he was 11 years old and finished his traineeship at 21. Then, after only playing for a year, Grant realised it wasn’t his sole passion to play, but to help others grow. “I wanted to help the people I was playing with, more than I was worried about playing

my own game,” he says, “I decided early on that coaching was what I wanted to do.” Living on the Sunshine Coast all his life, Grant has become a highly regarded golf coach and his reputation as ‘the best in the business’ keeps his student list growing greater every day, with the success of his pupils speaking for itself. Grant’s amazing coaching skills have led him to travel to all areas of the world, including Torrey Pines and Pebble Beach in the United States for US PGA Tour tournaments. “I’ve been to Malaysia for tour events, Argentina with an Australian Team and all over Australia with Queensland Teams,

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BUSINESS

“Seeing others achieve their GOALS and be the BEST they can be is quite REWARDING.” I also went to some golf schools in the US from a learning point of view. Going forward I’ll be mainly travelling to the US and potentially Europe,” says Grant. “Most of the competitions are in the US. I do travel with a young guy I coach who won his US Tour card for this year.” As a busy man himself, Grant is quite flexible with his work, training individuals and teams. “I coach from a number of different aspects,” he says. “We have the Australian Golf Performance Centre based at two facilities, one here at Twin Waters Golf Club and one at Pelican Waters Golf Club, so I do three

generally the honesty and integrity of what people’s true characters are. “And from a social aspect they will spend more time with family and friends if they are out enjoying themselves walking around the golf course. If people enjoy playing, then they’ll generally play more. “I work with a lot of elite players, so as much as people say it must be great to win this or that, the reality is you’re helping people to better their lives and that’s just as rewarding.

it to that elite level, but the more they can ignore that, the better,” he says. “You have to look at it as a choice, not a sacrifice. It’s your choice to do what you want to do. I don’t like the word sacrifice because if you're sacrificing something it means you’re going without and the longer you go without something, you end up going the other way.

“With every challenge there’s going to be FRUSTRATION but it's how you pull through it that can lead to EXCELLENCE. If it was easy, everybody would do it.” days here at Twin, a day at Pelican and a day with the Queensland Academy of Sport program based at Brookwater. “I also take teams away a few times a year and have a few elite squads that I coach on a weekly basis. I’m a pretty busy man.” For Grant, it’s not always about being the best at the game, he strongly believes golf provides health benefits, both mentally and physically. “It’s about being outside in an environment with people you generally like spending time with,” he says. “Golf is also a great judge of character. How you see people react on the golf course is a reflection of who they are, and it’s april 2016

“I love helping them try to reach their full potential. Seeing others achieve their goals and be the best they can be is quite rewarding. “Of course with every challenge there’s going to be frustration but it's how you pull through it that can lead to excellence. If it was easy, everybody would do it.” As a big promoter of self improvement, Grant’s advice to young golfers is to never listen to naysayers – it’s sound advice which could also be applied to everyday business. “There are too many people telling them they can’t do things. It’s one of the biggest challenges and the reality is not many make profilemagazine

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Rights and obligations about funeral arrangements and disposal of bodies is an area of law which is not even thought of until we hear media coverage of disputes about the funeral arrangements for celebrities like Michael Jackson and Anna Nicole Smith. Pippa Colman of Pippa Colman & Associates Solicitors talks about funeral arrangements and who can do what?

FUNERAL ARRANGEMENTS

WHO CAN DO WHAT? PIPPA COLMAN & ASSOCIATES SOLICITORS

I

n 2008, there were 143,900 deaths registered in Australia with 27,335 in Queensland. Because of complex family arrangements such as blended families and de facto families, and cultural, religious and social differences, it is inevitable that there will be disputes about funeral arrangements. At the heart of those disputes is the question – who has the right to organise the funeral and who pays for this? In 2015, the Supreme Court of Queensland made a decision in relation to funeral arrangements where the body of the deceased had lain in a mortuary for 13 years after a dispute about the manner of death and appropriate arrangements. Here are some general propositions: • If a person has named an executor in a Will, and the executor is ready, willing and able to arrange for the funeral, the executor has the right to do so. • Although a person can specify an executor in their Will, a person, during their lifetime, has no right to dictate what will happen to their body after their death. • A person with the privilege of choosing how to bury a body is expected to consult with other stakeholders, but is not legally bound to do so. • If there is no Will or no executor is named in the Will, then the person who has the highest right to apply to the Court for the right to administer the Will has the same “rights” as the executor in relation to the arrangements for the disposal of the body of the deceased.

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• The right of the surviving spouse or de facto spouse will be preferred to the right of children. • Where two or more persons have an equally ranking privilege/ right, the practicalities of burial without unreasonable delay will decide the issue. • If a person dies in a situation where there is no competent person willing to bury the body, the householder where the death occurs has the responsibility for burying the body. • A person who spends their own money in burying a body has the right to take action to recover his or her reasonable costs and expenses from the estate. This includes the cost of headstones. • The holder of the right of burial cannot use the right in such a way as to exclude friends and relatives of the deceased expressing their affection for the deceased in a reasonable and appropriate manner such as by placing flowers on the grave. • After the death of the executor or administrator, the right to control the grave passes to the legal personal representative of the original deceased, not the legal personal representative of the holder of the right of burial. The “right” thing to do is to make your reasonable wishes known before you die to avoid any disputes during what is a highly emotional time.

Pippa Colman & Associates Solicitors 07 5458 9000 12/64 Sugar Road Maroochydore Q www.pippacolman.com

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WORDS WARREN TEGG, BENNETT CARROLL SOLICITORS

A

ccording to the Bureau of Statistics, there are more than 800,000 small businesses in Australia – many of these businesses are operated by couples taking control of their future. One third of these businesses will fail in the first four years, but the other two thirds succeed and those couples go on to create their own lifestyle supported by a business they started and grew during their relationship. While they both make a contribution, one of those contributions is more passive than the other. In the instance of a relationship break-up involving a business, it is common for one of the parties to be quite uninformed about the operation and record-keeping in the business, even if they have had some exposure to keeping the books or financial records of the business. It is common in Australia for a self employed individual to structure his or her business in a trust to permit income splitting for tax planning. But how does it work? Often I see the case where the wife or home-maker in these business structures is a passive party. The annual reports for the business are prepared by the accountant and they distinguish between the Trust (which will have as its trustee, usually, a single director company operated by the husband as that sole director). What we see in those reports is an income and expenses statement (called a profit and loss) and a balance sheet. These documents house very important information in a matrimonial split and it takes a specific knowledge of how to read these financial reports to unearth the facts. We tend to look for things like opening and closing stock and depreciation in any business that holds stock or is in manufacturing; and review any loans in the balance sheet – that may be loans to the business by shareholders such as one or the other of the parties, or loans by the business to directors or company members, which may be affected by Division 77A of the Tax Act or require forgiving in any settlement. If you are a party to a business, the director or shareholder of a Family Company or a beneficiary of a trust then it is very important that your solicitor is both knowledgeable and experienced at reading these financial statements.

WARREN TEGG BENNETT CARROLL SOLICITORS

INVESTORS TURNING TO COMMERCIAL PROPERTY WORDS CHRIS SALES, LUXE COMMERCIAL

The thought of investing in commercial property might seem like a far-fetched proposition; a luxury and privilege best left to the well-heeled and successful. Not any longer.

I

nvesting in commercial property is becoming increasingly popular, and a viable option particularly for Mum and Dad investors to build wealth. Luxe Commercial managing director Chris Sales says more first time commercial investors are taking advantage of the money sitting in their self-managed super funds. “Commercial property investments are no longer considered elitist, they can be a great alternative to a residential investment, often with better returns,” Chris says. “It’s not the luxury out-of-reach investment people might have once thought.” There are plenty of reasons why investors like buying commercial property, among them are the long lease options, up to 10 years with options to renew, and the outgoings are often covered by the tenants, who generally also take better care of a property. “There are some great buying opportunities on the Sunshine Coast from a small industrial shed or retail space, to a commercial-grade office in Maroochydore,” Chris says. “Buyers should always consider the location, proximity to amenities, size of property and market demand to assess the viability of any potential investment opportunity.” Chris advises buyers to always study the market and to do their homework before looking at commercial property. “It’s not unlike how you would approach a residential property investment,” he says. “Whether you’re new to the market or an old hand at property, investing in commercial can produce some high quality and consistent returns.” To find out if a commercial property is the right investment for your portfolio contact the team at Luxe Commercial for a confidential discussion.

WWW.LUXECOMMERCIAL.COM.AU • 07 5493 6652

1300 334 566 • info@bcglaw.com.au

PROFILE

CAN YOUR SOLICITOR READ YOUR BALANCE SHEET


PROFILE

CRAB LINGUINI

BLOKEtS

abou

TOWN

WORDS INGRID NELSON PHOTOS CHESTERTON SMITH PHOTOGRAPHY VENUE OCEAN ENDED, MAROOCHYDORE

leadership AND

DECISION MAKING Owning or running a business is not for the faint-hearted, particularly when it comes to effectively leading your team towards greatness. I recently caught up with the Blokes about Town over a delicious lunch at Ocean Ended, Maroochydore for their take on the subject.

N

o matter what business you are in, regardless of how big or small it is, the ability to lead your team effectively and productively is pivotal to its overall success. Leadership is one of the hottest topics in the business world right now and there have been millions of books written on the subject, however, good management and leadership often comes down to experience and learning what doesn’t work. Often it has little to do with seniority or titles but more the ability to inspire and

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motivate. A good leader leads by example and encourages the team to perform to their optimum at all times. So what are the characteristics of a good leader? Is it a skill we are born with or can it be learned? What are the challenges they face? To get some answers I posed the questions to a bunch of local business owners who are all great leaders in their own right, for their thoughts on what it takes to successfully lead their team. Joining me for lunch was Guy Gibbons, CEO of Bennett Carroll Solicitors; Drew Grosskreutz,

A good leader LEADS by example and encourages the team to PERFORM to their optimum at all times. CEO of Otium; Jamie Grigg, CEO of JGI Insurance Brokers; Jack Childs, CEO of Think Investment Realty and Tony Chamberlain, Owner and Instructor at Kumon Kawana Waters Education Centre.

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profile: Is there any particular leader who inspires you and your decision making process? guy: To be honest no. I pinch little bits from everywhere. I see clever people every day doing smart stuff I can adapt for my business. jack: I agree, you don’t have to reinvent the wheel you just have to keep your eyes open for good ideas. drew: I get so much great information from Twitter. They have 140 characters to impress me, it’s short, sharp interesting tidbits of information I can use.

BUSINESS

profile: What are the most important decisions you make as a leader/owner of your business? guy: I’m a numbers man so I have seven or eight KPIs I work to. I find that’s the easiest way to make decisions. I have to have something to hang on to and to test and measure. drew: The leadership I gravitate towards is followship, so being a leader people want to follow. I try and practice that as much as possible. I’m passionate about the staff following someone they respect. If you have happy staff, you have low turnover of staff and consistency of message.

“One of the most important things I learnt from a man I worked for 25 years ago was the importance of TESTING and MEASURING.”

- JACK CHILDS

profile: What traits do good leaders have? drew: For a start they have to want to be there and that goes back to giving them a platform to be brave enough to speak up and to bring up any problems, issues and concerns. There are times when we have had to change our business rapidly so a good leader needs to be able to adapt to that change. I also invest in coaching for my leadership staff so they feel confident in what they are doing and I don’t have to second guess how they are feeling. tony: I always carve out a niche for myself wherever I have worked. I had a staff of 150 teachers from all over the world when I worked in education in Japan. The biggest thing for me as a leader is the contact. I always liked to be available even if it was via Skype to get face-to-face with staff. I find that solves a lot of problems rather than letting things sit and stew.

DREW GROSSKREUTZ

jamie: I think you have to be a bit of a maverick. For me, it came from working somewhere I felt dissatisfied. I could see where changes needed to be made but was frustrated they weren’t put in place. That’s when I decided to become a business owner and director. jack: I’m pretty lucky, I got my first management role when I was 21 and I’m now 65. I have learned a lot about different management styles over the years and have used just about every one of them myself. One of the most important things I learnt from a man I worked for 25 years ago was the importance of testing and measuring and it’s the one thing we do better than most. I was lucky enough to have a couple of good mentors when I was young who gave me a crack and taught me stuff you can’t learn from a book. You can also learn a great deal from younger people too. april 2016

PRAWN SKEWER

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GUY GIBBONS

PROFILE

JACK CHILDS

OCEAN ENDED

“I believe ‘EFFECTIVE’ leaders are people who draw on a vast array of SKILLS and experiences built up throughout their lives and thus live ahead of their people; leading by POSITIVE example.” - TONY CHAMBERLAIN

profile: Are leaders born or made? jamie: I think some people naturally take charge, you don’t have to tell them four or five times to do one task. There are always those individuals who want to take more responsibility and naturally rise to the top. jack: I believe they develop from childhood which starts from watching their parents, through to when they start working and watching the way leaders around them work. I believe developing and learning from other leaders never stops. tony: My view is based on the Japanese idea of “SENSEI”. It literally means one who lives ahead of others. Therefore, I believe ‘effective’ leaders are people who draw on a vast array of skills and experiences built up throughout their lives and thus live ahead of their people; leading by positive example. profile: What are the challenges of being a leader? guy: You have to think fast and have the ability to think on your feet. You don’t see that in those who are not natural leaders. tony: I think it’s important not to be too hard on yourself. When you are operating at a certain level you are going to make mistakes, you are going to get knocked down and that’s okay. drew: There are challenges every day but I love it. It’s what I thrive on. I love leading a team of mostly women too. They are the most loyal employees. 56

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There is something quite magical about dining on the water’s edge and that is certainly the case at Ocean Ended which is set on the ever changing waters at the mouth of the Maroochy River. Oozing sophistication and charm, it was the perfect spot to catch up for a leisurely lunch with the Blokes about Town and our polished and professional waiter (and owner) Paul Holmes made the experience one to remember. Passionate about delivering fresh, local produce with a focus on seafood, Paul and his team have created a delicious menu and chosen an expansive wine list to suit most palates. We were spoilt for choice when it came to the lunch menu. First course included Ocean Ended prawn roll, slaw and kipfler chips; spanner crab and smoked cod cakes and mustard cream; beef carpaccio, herb salmoriglio, caper berries and parmesan or my choice, Mooloolaba tiger prawns on a rosemary skewer served on a bed of watermelon, heirloom tomato and mint salad – yum! Second course was just as delicious. Each dish was vying for my attention, but I couldn’t go past the linguini of crab, chilli, lemon and parsley and it was without doubt the best linguini I have eaten – big call I know! Perfectly portioned, light and with just the right balance of delicate flavours, it really hit the spot. Other choices included the duck confit, white bean, membrillo and sherry vinegar; Gympie beef eye fillet with fondant potato and butter sauce or maple glazed pork cutlet, potato hotcake, spiced corn and bacon butter. Going by the clean plates around the table, each of the dishes were a big hit, with all of the guests commenting on the freshness of the produce and the exquisite flavours. Chef Steve Hillen really knows his stuff and is passionate about serving beautiful fresh simple Coastal cuisine and it shows. Paul and his team treated us to superb wines to match each course, which went down a treat. Do yourself a favour and drop in and see Paul and the team. You’ll love it. Ocean Ended – Restaurant & Bar Ground Floor, Platinum 1/14 Duporth Avenue, Maroochydore Phone: 5443 4310

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VICKI’S PROPERTY POST:

We love to lock-up and leave

A

Professional commercial cleaning solutions for:

fter one of the busiest summer seasons in the Noosa area for many years, we are now experiencing a marked increase in the number of people looking to buy here. And the interest in apartments and units has been especially keen. In the last couple of months I have sold seven reasonably-priced units in the Peregian and Coolum region and last week a beautiful million-dollar-plus luxury apartment in the heart of Noosa. Traditionally we have mainly seen investors in this segment. But now we have people who have holidayed on the Coast for years who are looking for a retirement home. Others are seeking a vacation getaway to share with their families, and yes, there are still investors around, attracted by the ongoing low interest rates and good returns. When talking with these various buyers one consistent theme emerges – even those who intend to live in their units still love the idea that they are purchasing a home they can easily lock up and leave to go travelling. Despite the fact that we live in one of the most beautiful places on the planet, Sunshine Coasters love to hit the road in their caravans, go cruising to exotic ports, or fly off to explore the world. It seems that every now and then we just like to confirm that where we live is still the best place there is.

The team at Star specialise in property sales from Mount Coolum to Noosa. Vicki Cooper is Principal of Star Noosa call 0418 231 955.

M: 0409 370 294 W: www.kapows.com.au

www.starnoosa.com


REAL ESTATE

“If your home has little or no street appeal, the buyer is going to feel NEGATIVE VIBES and be reluctant to even ENTER the property.”

OPEN THAT DOOR WORDS SUE GODFREY, THE ART OF PROPERTY STAGING

When it comes time to sell your property, it is vital that you strike an emotional connection from the very start – which is why your street presentation is essential.

O

ften sellers overlook the outside of their property and concentrate on the inside. Any photography you’ve had taken has paid attention to the inside and showcases features of the property, but doesn’t give you a good indication of the street appeal. So the next stage of selling will entice the prospective buyers to do either, a Google Map/Street search, a drive by or visit an open home. If your home has little or no street appeal, the buyer is going to feel negative vibes and be reluctant to even enter the property. Even if they do, that first impression will stay with them and that ‘emotional’ connection is

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going to be harder to work with in creating a sale. It is vital that you strike that emotional connection from the very start – so your street presentation is very important. Stand out on your street and look at your property as if you are doing it for the first time. What do you see? Overgrown gardens, poor lawn care, broken foot paths, shabby fences, too much foliage against the house, tired looking front door, peeling paint, rusted gutters … some of these tasks require a little manpower to fix, or maybe you will need to hire a handyman (remember this is an investment to achieve that sale, so it is worth it). Don’t forget to fix or remove the problem areas. Sometimes it is better to have no fence than a broken one. If people see things that are broken or in bad repair, they will assume no attention has been paid to this property and begin to wonder what other things could be lurking in the home to cause them concern with hidden cost. Remove overgrown foliage from your

t. First impressions coun own Clean up that overgr rs ye bu e tic lawn and en . me into your ho

home that might be restricting light into the home. Open it up. Finally, look at your front door – does it need replacing? A coat of paint could really brighten it up. It is your gateway into your property, make it inviting to welcome that buyer inside. profilemag.com.au


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Chermside 10 minutes from the cbd habitat is located 9km north of brisbane in the lively suburb of chermside, one of Queensland’s leading retail precincts, major employment nodes and recently announced “Principle Activity centre” under the Government’s initiative for planning future city hubs. this makes chermside a highly sought-after location for professionals aged between 20 and 40 seeking high quality living near thriving work opportunities. in the last three years, chermside has experienced higher than average growth, and with a significantly cheaper property price point than neighbouring suburbs, it is the prime location to invest.

exclusive group of five quality apartments

it’s exclusive Habitat Chermside is made up of just five quality apartments, boasting exclusivity for owners and tenants.

emPloyment At your door currently more people work in chermside than reside there, prompting an urgent need to provide quality living near employment opportunities. chermside has become a highly sought after vocational hub attracting young adults seeking to rent close to amenities and job opportunities in the health, retail and government department sectors.

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mAjor emPloyment node Chermside By Terry ryder, director, hotspotting.com.au

C

Within a 10km radius YOu haVe Parkland convenience store bus service

50m 50m 120m

bikeway

190m

Westfield Chermside

1.6km

train

1.8km

brisbane cbd hospital international & domestic Airport

9km 3.2kms 10.5kms

it’s centrAl you will not need to venture very far, as everything you need is right on your doorstep – there are nine education facilities within 2km, it’s close to downfall creek which has over 20kms of bike and walking paths, leading health facilities and main arterials are just minutes away, and Queensland’s largest shopping centre, Westfield Chermside is only 1.6km down the road.

Hotspotting

report: hermside has long been renowned for its Westfield Chermside shopping centre, the cHermside largest shopping centre in Queensland. The centre boasts Myer, David Jones, Kmart, Target, Big W and Coles. It also has a 16-screen cinema complex, a bowling alley and Chermside bus station, a major transport hub for the north of Brisbane. Westfield Chermside is not only a leading retail precinct but also one of many major employment nodes in the area, which is one of the strongest appeals of the local property market. Chermside is located 13km north of the Brisbane CBD and 9km from Brisbane International Airport. The suburb is bisected by Gympie Road, the main north–south arterial road leading from the inner suburbs and connecting to the Bruce Highway, leading to the Sunshine Coast. Chermside is also handy to the Port of Brisbane and the Australia TradeCoast industrial precinct. Brisbane Airport Corporation is spending $3.8 billion on infrastructure in the next 10 years while the Port of Brisbane, the nation’s third busiest port, is spending $150 million on improvements. Businesses within the Australia TradeCoast region currently employ 60,000 and the region is forecast to employ 110,000 people by 2026. Medical facilities are also large employers with the Prince Charles Hospital, a 630-bed facility which employs 3,500 staff, and the Holy Spirit Northside Private Hospital located in Chermside. There are also government offices such as the Australian Tax Office and the Department of Corrective Services, while the Australian Catholic University is less than 10km away in Nudgee. Nearby are the entertainment amenities of the Brisbane Entertainment Centre, a venue capable of seating up to 14,500 for sports events and concerts, as well as Eagle Farm and Doomben racecourses. The population of Chermside is 10,000, with a significantly higher-than-average number of people aged between 20 and 40; and a lower-than-average number of children under 19. Residents of Chermside are most likely to work as professionals (25%), in administration (16%) or as a technician or trade worker (12%). Properties in Chermside comprise 36% separate houses, 23% semi-detached or townhouses and 41% units. In the last 12 months, only seven new houses were approved compared to 568 units. The majority (79%) of Chermside properties have two or three bedrooms while 58% are rented. Only 18% of Chermside properties are owned outright. The median house price for Chermside is $510,000, considerably cheaper than the neighbouring suburb of Wavell Heights where the median house price is $610,000. The long-term growth rate (the average annual rise in the median house price in the past 10 years) is 5% per year – although in the past three years the growth rate has been higher at 6% per year.

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Chermside live or invest • just 5 quality apartments • low body corporate • Quality inclusions and finishes • 100% owner and tenant ready inclusions • Generous ceilings • ducted air conditioning • stone kitchen bench tops • stainless kitchen appliances • stainless dishwasher • overhead kitchen cupboards • stone bathroom bench tops • robes with built-in shelving • security screens throughout • Off street secure covered parking

residential location adjacent cHermside Hub

pa r k l

and

Westfield

Hospital educational facilities cbd 9km

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train


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