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Seaside life at inland prices

first_img52 Augusta Drive, Balgal Beach.LIVING by the beach is often a luxury reserved for those who can afford a seven-figure price tag but just north of Townsville homes by the sea are being listed for under $500,000.Areas such as Balgal Beach, Toolakea, and further north in the Hinchinbrook region all offer homes for under half a million that allow buyers to fall asleep to the sound of the sea. RELATED: >>Agents aid hot buyers in Townsville >>Rasmussen is proving you can nab a family-friendly home for under $200,000 >>Capital city buyers fed up with unaffordable property prices are heading to Townsville Selling agent Robyn Neilson is selling 52 Augusta Dr at Balgal Beach which is priced in the high $300,000s.The three bedroom two bathroom property has water views and is across the road from the beach.She said homes with water views near the beach always attract plenty of interest from the market.“They generally attract a higher price and they always sell well,” she said. “This home is amazing value … I don’t think there’s anywhere else you can get this for that money.“Balgal Beach is just such a brilliant place and I’ve travelled all over the world and this is where I choose to live.“It’s a wonderful community and location.” CLICK HERE for the latest Townsville real estate news Townsville Property Centre agent Jean Laterre said you can’t beat living by the beach and he has chosen to base himself by the sea at Toolakea.He is selling 72 The Esplanade which is priced at $475,000 and is a two bedroom, two bathroom home on a large 1012sq m allotment.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 202072 The Esplanade is for sale for $475,000.The property offers the ideal beachside lifestyle with the home’s front lawn ending where the sand beginsMr Laterre said white collar workers and people from interstate looking for a sea change at a bargain price were his main market for beachfront homes.“We get a lot of interstate inquiries (for beachside properties) and most of them are looking for a sea change rather than a holiday home,” he said.“Some people say I wouldn’t live on the beach because we might get taken out by a tsunami but you have a better chance of winning gold lotto.“This property is literally 50 steps from the beach.”Peter Reitano is selling 74 John Dory Street at Taylors Beach with a listing price of $460,000. The view from74 John Dory Street at Taylors Beach.The three bedroom, two bathroom home has beach frontage and the small coastal community is a fisherman’s paradise with all the streets named after fish.Mr Reitano said compared to other areas around Queensland beachside properties in Taylors Beach, Lucinda and Forrest Beach were relatively affordable.“We have quite a few properties around the district with water views and they do get strong interest,” he said.“With this property it has water views, you can stroll down to the beach and nothing can be built in front of you.“People really like the water views so they do usually attract a higher price than other properties in the area.”last_img read more

ZEABORN Acquires Full Ownership of ZEAMARINE

first_imgGermany’s shipping company ZEABORN Group has signed an agreement to take the remaining ownership interests in shipping joint venture ZEAMARINE.Specifically, ZEABORN has now acquired a 25 percent stake in ZEAMARINE held by New York-based investment firm New Mountain Capital.The JV was formed in August 2018 when New Mountain Capital and ZEABORN agreed to combine the commercial activities of Intermarine, ZEABORN Chartering and Rickmers-Line under the umbrella of ZEAMARINE, creating one of the world’s largest multipurpose (MPP) carriers.The most recent transaction is subject to approval from the antitrust authorities, according to ZEABORN.What is more, ZEABOURN said that Andre Grikitis has decided to step down as CEO of ZEAMARINE. Ove Meyer, Managing Partner of ZEABORN, will be leading ZEAMARINE in his capacity as Owners’ Representative and work with the existing top management team around Dominik Stehle (CCO), Nicki Schumacher (COO) and Michael Dumas (CFO) on the global expansion of the company.ZEAMARINE provides global tramp and liner services for the ocean transportation of heavy lift, breakbulk and project cargoes. It operates a fleet of about 90 multipurpose heavy lift vessels with capacities ranging between 6,300 and 30,000 dwt and a combined lifting capacity of up to 1,400 metric tons.last_img read more