Latest news with #TimCarr
Sydney Morning Herald
5 days ago
- Business
- Sydney Morning Herald
Strike! Melbourne's tenpin bowling future secured in $10m deal
It's a big price for the Salvation Army headquarters. The charity manages a huge portfolio of properties providing accommodation for some of the country's neediest people. The Salvation Army Housing's most recent annual report shows its total assets reached $153.7 million in 2023-24, up 7.2 per cent from the previous year. It owns or part-owns just 23 per cent of the 1850 properties it manages. The Salvos moved into the new 7878 sq m building at 99 Railway Road in 2008 after selling its Surrey Hills HQ for around $12 million. While fully leased by the charity, it has sub-let space over the years and the building is being sold with a 9.8 year average lease term. The all-electric 5.5 Star NABERS-rated building has four upper levels of office and a three-level basement car park for 204 vehicles. It's close to Blackburn railway station. JLL's Tim Carr, Josh Rutman, Piper Dedrick and MingXuan Li have the listing. Maha on Chapel Restaurateur Shane Delia is selling the Chapel Street premises where he operates Maha East at the Windsor end of the strip. The property at 36 Chapel Street has a fresh eight-year lease to Maha East with an eight-year option. Upstairs is leased to a newly established media organisation, the International Film Festival Awards, set up in 2021 by Jatinder Kumar. Records show Delia paid $2.2 million in 2016. The property returns a total $138,655 a year and is expected to fetch around $2.65 million. It's going to auction on August 6 as part of next month's Burgess Rawson portfolio auction. Agents Shaun Venables, David Napoleone and Hamish Bowen are handling enquiries. The 50-year old Burgess Rawson agency was recently acquired by global giant CBRE. Man cave The 'man cave' belonging to former Melbourne Cricket Club president David Jones fetched $2.2 million last week with a local buyer beating four others bidding for the Cremorne warehouse. Jones stored his Ferrari and other car memorabilia at the 290 sq m property at 116 Green Street. Bids opened at $1.6 million, with serial auction bidder Danny Wallis - a big buyer on The Block television program - leaning on his own red Ferrari. The property was on the market at $1.8 million and sold 22 per cent above the reserve. Colliers' Ben Baines and Matt Knox and Teska Carson's Michael Taylor and Matthew Field ran the campaign. Taylor said all the bidders planned to use it for the same purpose as Jones. Mini logistics A Sydney buyer has swooped on the mini-Coles logistics centre in Malvern, paying $7.5 million after it passed in at auction at $7 million. The price for 1 Edsall Street, at the rear of the Glenferrie Road Coles supermarket, reflected a sharp yield of 3.8 per cent. The 777 sq m property provides logistics, cold storage and administrative support for the supermarket. Coles' lease runs until 2031 and has two further 10-year options. Records show the vendors had held the property since at least 1987 – paying $1.3 million for the site decades before Coles set up shop on the strip. CBRE's Jamie Hess, Sam Guest, David Minty and James Douglas negotiated the deal under instructions from Mark Ruttner at First Valuation Group. Flat out A block of flats in Brighton, with a permit for 10 townhouses, sold to a local developer for $8 million. The flats at 467 New Street are on a large 1629 sq m site near Elsternwick Park and a short stroll from Elwood Beach. The sale represents a substantial premium on the last sale. It last changed hands in 2023, when a joint venture between experienced property players, Michael Robinson, Nick Brown and Georgina Goldsworthy paid $5.52 million. It's been a while since the market has seen such a premium added to the value after obtaining a permit. JLL's Jesse Radisich, Maddie Pizzey and Xander Yeo, did the deal. Nearby at 79 Ormond Road in the Elwood Village, another block of flats and shops fetched $5.38 million. Records show Nick Williams, who heads up Hudson Conway – a construction behemoth in its heyday building Crown Casino – has put a caveat over the property. The vendors paid $840,000 for the 16-unit block 40 years ago. It's on an 870 sq m block of land on the corner of Beach Avenue, opposite the popular Blue Tongue wine bar. CBRE agents Nathan Mufale, Alex Brierly, David Minty, Scott Hawthorne and Jing Jun Heng ran the campaign. Williams was represented by Advise Transact. Childcare sale Property giant Charter Hall has offloaded another childcare centre in a bumper $12.5 million off-market deal. The sale of the Highett Centre, leased to Only About Children, reflected a tight yield of 5 per cent. The buyer is understood to be a local Victorian family who is ploughing their cash into the sector. The centre has a long 20-year lease and returns $630,456 a year. It is in the heart of the Highett shopping village at 491 Highett Road, behind the railway station, in a converted office building. CBRE's Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat did the deal which is nipping at the heels of some of the bigger transactions they recently managed. Last year, a centre in Cremorne, Sydney, fetched $18.5 million on a 4.69 per cent yield and an East Brighton creche sold for $16.5 million on a 4.9 per cent yield.
The Age
5 days ago
- Business
- The Age
Strike! Melbourne's tenpin bowling future secured in $10m deal
It's a big price for the Salvation Army headquarters. The charity manages a huge portfolio of properties providing accommodation for some of the country's neediest people. The Salvation Army Housing's most recent annual report shows its total assets reached $153.7 million in 2023-24, up 7.2 per cent from the previous year. It owns or part-owns just 23 per cent of the 1850 properties it manages. The Salvos moved into the new 7878 sq m building at 99 Railway Road in 2008 after selling its Surrey Hills HQ for around $12 million. While fully leased by the charity, it has sub-let space over the years and the building is being sold with a 9.8 year average lease term. The all-electric 5.5 Star NABERS-rated building has four upper levels of office and a three-level basement car park for 204 vehicles. It's close to Blackburn railway station. JLL's Tim Carr, Josh Rutman, Piper Dedrick and MingXuan Li have the listing. Maha on Chapel Restaurateur Shane Delia is selling the Chapel Street premises where he operates Maha East at the Windsor end of the strip. The property at 36 Chapel Street has a fresh eight-year lease to Maha East with an eight-year option. Upstairs is leased to a newly established media organisation, the International Film Festival Awards, set up in 2021 by Jatinder Kumar. Records show Delia paid $2.2 million in 2016. The property returns a total $138,655 a year and is expected to fetch around $2.65 million. It's going to auction on August 6 as part of next month's Burgess Rawson portfolio auction. Agents Shaun Venables, David Napoleone and Hamish Bowen are handling enquiries. The 50-year old Burgess Rawson agency was recently acquired by global giant CBRE. Man cave The 'man cave' belonging to former Melbourne Cricket Club president David Jones fetched $2.2 million last week with a local buyer beating four others bidding for the Cremorne warehouse. Jones stored his Ferrari and other car memorabilia at the 290 sq m property at 116 Green Street. Bids opened at $1.6 million, with serial auction bidder Danny Wallis - a big buyer on The Block television program - leaning on his own red Ferrari. The property was on the market at $1.8 million and sold 22 per cent above the reserve. Colliers' Ben Baines and Matt Knox and Teska Carson's Michael Taylor and Matthew Field ran the campaign. Taylor said all the bidders planned to use it for the same purpose as Jones. Mini logistics A Sydney buyer has swooped on the mini-Coles logistics centre in Malvern, paying $7.5 million after it passed in at auction at $7 million. The price for 1 Edsall Street, at the rear of the Glenferrie Road Coles supermarket, reflected a sharp yield of 3.8 per cent. The 777 sq m property provides logistics, cold storage and administrative support for the supermarket. Coles' lease runs until 2031 and has two further 10-year options. Records show the vendors had held the property since at least 1987 – paying $1.3 million for the site decades before Coles set up shop on the strip. CBRE's Jamie Hess, Sam Guest, David Minty and James Douglas negotiated the deal under instructions from Mark Ruttner at First Valuation Group. Flat out A block of flats in Brighton, with a permit for 10 townhouses, sold to a local developer for $8 million. The flats at 467 New Street are on a large 1629 sq m site near Elsternwick Park and a short stroll from Elwood Beach. The sale represents a substantial premium on the last sale. It last changed hands in 2023, when a joint venture between experienced property players, Michael Robinson, Nick Brown and Georgina Goldsworthy paid $5.52 million. It's been a while since the market has seen such a premium added to the value after obtaining a permit. JLL's Jesse Radisich, Maddie Pizzey and Xander Yeo, did the deal. Nearby at 79 Ormond Road in the Elwood Village, another block of flats and shops fetched $5.38 million. Records show Nick Williams, who heads up Hudson Conway – a construction behemoth in its heyday building Crown Casino – has put a caveat over the property. The vendors paid $840,000 for the 16-unit block 40 years ago. It's on an 870 sq m block of land on the corner of Beach Avenue, opposite the popular Blue Tongue wine bar. CBRE agents Nathan Mufale, Alex Brierly, David Minty, Scott Hawthorne and Jing Jun Heng ran the campaign. Williams was represented by Advise Transact. Childcare sale Property giant Charter Hall has offloaded another childcare centre in a bumper $12.5 million off-market deal. The sale of the Highett Centre, leased to Only About Children, reflected a tight yield of 5 per cent. The buyer is understood to be a local Victorian family who is ploughing their cash into the sector. The centre has a long 20-year lease and returns $630,456 a year. It is in the heart of the Highett shopping village at 491 Highett Road, behind the railway station, in a converted office building. CBRE's Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat did the deal which is nipping at the heels of some of the bigger transactions they recently managed. Last year, a centre in Cremorne, Sydney, fetched $18.5 million on a 4.69 per cent yield and an East Brighton creche sold for $16.5 million on a 4.9 per cent yield.
Yahoo
11-02-2025
- Yahoo
Birders, South Africa's Garden Route is a haven of avian diversity
Knysna is the crowning jewel of South Africa's famous Garden Route, the coastal stretch known for its beaches, indigenous forests and charming towns. Knysna is situated on a vast lagoon and won fame as the first oyster farming location in the country. People can buy the seafood from other regions of South Africa these days, but the sandy shoreline and coastal rainforests continue to draw people to the Garden Route. People often forget that Knysna is also the namesake of three bird species. There's the relatively small Knysna woodpecker adorned with a red cap, the shy and inconspicuous Knysna warbler and the splendid green Knysna turaco. That is because the region is a bird paradise, with almost 450 species - more than half of South Africa's native species - found along the Garden Route and in the Klein Karoo semi-desert in the hinterland. A project by the bird conservation organization BirdLife South Africa aims to draw tourists to enjoy this biodiversity. "If you're a global birdwatcher, you have to come to South Africa at some point," says guesthouse operator Tim Carr, himself an enthusiastic birder, as the country has many endemic species that only occur there. According to BirdLife South Africa, there are 69, of which 50 are found in the Garden Route and Klein Karoo region. "The diversity of bird species is absolutely extreme," says Carr and invites us on a guided tour of his 80-hectare Reflections Eco-Reserve on the edge of the Garden Route National Park the next morning. Carr, a stocky man wearing shorts despite the cool dawn, also works as a professional bird guide. Bird guide excited On his tour, he shares how he and his wife first felled the invasive pine trees in 2005, planted the first fast-growing native pioneer trees and then left the work to nature. Because as soon as the birds find nesting opportunities again, they also bring the seeds of other natural tree species with them, Carr says. The sun is just rising behind the Rondevlei lagoon lake, bathing the scenery in a golden light, though Carr does not waste a glance at it. He suddenly falls silent, hearing the call of a Knysna woodpecker nearby - with a sound "like a rusty garden gate," Carr says. Within seconds, he switches from explanation mode to an almost feverish search mode, but to no avail. But even if the bird doesn't emerge, it is proof of how tourism serves nature conservation. Because if guests come to see the birds, their habitats are preserved. At least that's the idea. "The Knysna woodpecker lives in habitats that are coveted for the construction of golf courses and shopping centres," says Carr, of the situation otherwise. The birds need a lobby and BirdLife South Africa has compiled pages and pages of statistics to prove the economic value of travelling in the footsteps of Cape Rockjumpers, Cape Honeybirds and the like. 'Bird-friendly' accommodation In 2023, the bird conservation organisation launched an initiative to promote birdwatching tourism and thus create jobs, a programme backed by the provincial government of the Western Cape. A website now provides an overview of birdwatching locations and "bird-friendly" accommodation. That means local guesthouse owners and guides have been trained in online courses to cater to the needs of birders. One person who completed the course is Ethan le Fleur, 24. He was fresh out of Nelson Mandela University in nearby George when he started his job as a ranger and guide in the Gourikwa Nature Reserve in early 2023, with a diploma in nature conservation. Le Fleur stands on a hill at the foot of which the surf of the Indian Ocean constantly crashes against the rocks, foaming white. A few hundred metres away, a small herd of zebras roams through the shrubbery. When le Fleur began here, the area served as a conference centre and holiday home settlement. Few paid attention to the surrounding 2,000 hectares of wilderness. But that has changed. Today, le Fleur guides holidaymakers and school classes on "bird hunts" through the bush - though armed only with identification cards and binoculars. "We have many different habitats here, so we also have many different birds," he says. He has counted 120 species between the coast, wetlands and the fynbos landscape that characterises the Cape region. Bird stalking for early birds "Most children don't even know the local bird species," says le Fleur and admits that he felt the same way at first. A masked oriole that he kept hearing on campus eventually led him to investigate. That captured his interest - and he is determined to share it. Christiaan Viljoen feels the same. He is curator of the Botanical Gardens in George, the largest town on the Garden Route and gets up early to take interested people birding before his actual work. "You want to do a bird tour at 6 am," he says, as that's when the birds are at their most active. Those who follow him that early learn about the whole cycle of life. Visitors learn that the larvae of the Acraea horta butterfly feed on the leaves of the Kiggelaria africana tree species, which contain high levels of hydrocyanic acid, in order to store the poison inside and fend off most predators. The exceptions are cuckoo species such as the golden cuckoo, the emerald cuckoo and the Klaas cuckoo: they can digest the larvae and so are frequently found in the trees. "You can't just plant three or four tree species, you have to reintroduce all of them," says Viljoen - then the birds will also return. He is on the way to achieving this in his botanical garden. And throughout the Garden Route, the message has arrived as more reserves opt for renaturalization - for the benefit of birds and delight of birdwatchers.
