Cairns News Report – 5th October 2019

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Welcome to this weeks edition of my Cairns News Report, a complimentary ‘week in review’ of all the pertinent news stories on what’s happening around Cairns.

A few of the top news stories from last week included:

  • Nova, the most ambitious CBD development in Cairns is back on track after more than a year in the wilderness with a new round of tenders invited for builders to get in on the ground level;
  • It’s less than six months until the local council election and Bob Manning is lacing up his boots for a third tilt at the city’s mayoralty, and it’s not clear who will oppose him; and
  • A $2.8 million marketing blitz mainly run online started last month focusing mostly on Sydney and Melbourne visitors, with Brisbane as a secondary market.

If you missed any of the top Cairns news stories from last week, here they all are in full below. Just click the title to read the full story.

If you ever have any comments or queries, or if I can help you in any way, please don’t hesitate to connect with me. I’d love to hear from you!

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Nova on Way up, Cairns Post e-Paper, The Cairns Post- 01 Oct 2019

The most ambitious CBD development in Cairns is back on track after more than a year in the wilderness with a new round of tenders invited for builders to get in on the ground level. Updates on the seven-tower Nova City project have been few and far between over the past 18 months as its international developer worked to redesign it into a better financial fit.

Striking Vision for Bold New Project, Cairns Post e-Paper, The Cairns Post- 01 Oct 2019

The former site of a strange igloo-shaped space observatory is set to be transformed into a development quite unlike any other in Far North Queensland. A bold vision to build an ultra-modern, four-storey office block steeped in cascading greenery and angular architecture has now been revealed. Developer Liral Pty Ltd demolished the disused “golf ball” observatory at 102-104 McGregor Rd in Smithfield in 2014, but until now its future has been up in the air.

Online Blitz to Let Visitors Sell Region, Cairns Post e-Paper, The Cairns Post- 01 Oct 2019

Bed Bath and Table, which was above Coast Roast’s old location, is also moving to a new site within the centre. The redevelopment features a fresh food market hall anchored by Woolworths. A MAJOR tourism campaign aimed at bringing southern visitors to the Far North will mainly be run online, according to the region’s new tourism boss

Eco Resort Bid Lives on, Cairns Post e-Paper, The Cairns Post- 02 Oct 2019

Controversial plans to build an eco resort beside one of the Far North’s most idyllic swimming holes are not dead in the water, despite eight years passing under the bridge since their approval. The would-be developers of the Redlynch Eco Villas have applied to Cairns Regional Council for more time to gather funds needed to carry out the project about 650m from the Crystal Cascades carpark.

Service Station Win for Drivers, Cairns Post e-Paper, The Cairns Post- 02 Oct 2019

A Freedom Fuels-run Mobil service station will be built at 239 Sheridan St, Cairns North, on the corner of Charles St, just three blocks south of another Mobil fuel outlet and across the road from an existing United petrol station. Stateland Pty Ltd directors Caroline Stafford and Peter Macdougall submitted development applications to Cairns Regional Council in 2017 and recent signs along the property has signalled work is set to begin on the two-stage project within weeks.

$6M Bar Tab, Cairns Post e-Paper, The Cairns Post- 03 Oct 2019

A monstrous list of defects with the heritage-listed former Courthouse Hotel has been laid bare as rising refurbishment costs dwarf what Cairns Regional Council paid to buy the building. Asbestos, termite damage, third-rate renovations and the dodgy replacement of a historically significant judge’s bench with a stand for DJ decks are a handful of the 159 issues needing rectification. The refurbishment is expected to cost $6.2 million – $2 million greater than first estimated and in excess of the $5.75 million purchase price ratepayers forked out in 2016.

Tropic Now Exclusive: Nova City’s First Tower “Will go Ahead”, Tropicnow.com.au- 03 Oct 2019

The first tower at Nova City will be built. That’s the word from Singapoream-based developer World Class Global, Which today launched a new tender process to find a construction company for the first tower at the CBD development. Construction companies have 60 days to respond to the tender, with a decision expected on the successful bidder by year’s end.

Report a Dam ‘Waste’ of $5m, Cairns Post e-Paper, The Cairns Post – 04 Oct 2019

Taxpayers have copped an almost $5 million bill for a study into Nullinga Dam that has been widely condemned as predetermined to fail. Building Queensland’s annual report reveals the State Government independent infrastructure advisory body received $4.39 million – not including GST – in federal government funding for the development of the detailed business case. The final document, released in August, found the dam’s water would cost five or six times more than prospective users were willing to pay.

Albanese gets Rundown on Port Plan, Cairns Post e-Paper, The Cairns Post – 04 Oct 2019

Anthony Albanese has been briefed on plans to move businesses further South in the Port of Cairns to free up more harbour space for other new and growing enterprise. The opposition Leader stopped in Cairns on Wednesday to meet with Cairns Regional Council Mayor Bob Manning and attend social drinks with party member.

Resale Slide No Huge Hit, Cairns Post e-Paper, The Cairns Post – 04 Oct 2019

Cairns property owners might be making losses on resales but the steady markets mean sellers are still in a far better position than up to three years ago. The latest Core Logic Pain and Gain report showed for the June 2019 quarter 24.8 per cent of homes in Cairns were sold at a loss. That figure is slightly up on previous quarters but for Real Estate Institute of Queensland Far North zone chairman Tom Quaid, the data is far from negative.

2020 Race is on, Cairns Post e-Paper, The Cairns Post – 05 Oct 2019

Born and bred Cairns resident Bob Manning (above) is lacing up his boots for a third tilt at the city’s mayoralty. It’s less than six months until the local council elections and it’s not clear who will oppose him. His main rival last time, Jim Brooks, has definitely ruled out a return. Former mayor Kevin Byrne has yet to decide while rebel councillor Richie Bates is staying coy.

Fish Farm Ready to Scale Up, Cairns Post e-Paper, The Cairns Post – 05 Oct 2019

“In the near future, we’re going to be sending fish to the US on a weekly basis,” he said. “The demand is really good. The market is very strong.” Pejo operates two farms near Mourilyan, with aquaculture ponds along the Moresby River. Barramundi at the farms grow to about 3kg and are harvested each week.

Bob Goes to War Over Reed Rd Development, Cairns Post e-Paper, The Cairns Post – 05 Oct 2019

A Trinity park resident is fired up about plans to rezone a Reed Rd parcel of land to allow construction of a medium density unit block and swears “World War III” will break out if developers are granted permission. The Marlin Coast Land Company has applied to Cairns Regional Council Approve a Planning Variation at land occupied by the Smith fields Village estate entry statement on the corner of Reed Rd and Smithfield Village Dr.

Principal Moving on, Cairns Post e-Paper, The Cairns Post – 05 Oct 2019

One of Cairns most vocal and passionate real estate bosses is selling up but definitely not shipping out of far North Queensland, nor the industry he loves. Re/Max Cairns principal Tony Williamson has sold the business to brothers and Re/Max real estate agents Ray and David Murphy in a deal which will settle on October 15

 

 

Cairns Mortgage Broker – Jason Thomson is a Mortgage Adviser and Finance Broker based in Cairns with clients all around Australia. Client reviews featured on his website prove that Jason is a trusted industry professional, facilitating great outcomes for his clients. Using his wealth of experience in financial services, he thrives on delivering superior service. Jason is very approachable and is always looking for new clients to help in the often confusing world of finance and property. Offering a no fee service, you’ve got nothing to lose by having an obligation free chat with Jason today.

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