Developer almosts recoups purchase costs with just two $7m sales

first_imgVideo Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:10Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:10 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenDream homes for city dwellers01:11The final penthouse at The Oxlade has sold for $7 million – less than three years after the developer behind the project snapped up four vacant lots for $17.35 million. A render of the penthouse at The Oxlade. Supplied.It was bought by a local buyer, with the luxury development by the Seymour Group expected to be completed by the end of 2021.MORE NEWS: Developer Kevin Seymour (centre) with grandsons Trent Seymour and Ben Seymour at the site of their new display suite for ‘The Oxlade’ on Oxlade Drive, New Farm, Sunday, May 12, 2019 (AAP Image/Richard Walker)A second penthouse, sold previously, is also believed to have achieved the same price, and only “a few two and three bedders”, all with river views, remain available for purchase.The cheapest apartment within the development sold for $1.4 million. The Oxlade at New Farm. Photos: SuppliedPlace Bulimba marketing agent Sarah Hackett said the majority of buyers at The Oxlade had been keen to customise their own luxury apartment, with some even amalgamating two units.It means the original plans for 39 units have now been scaled down to 31 units.“We’ve had a huge level of enquiry to amalgamate the two-bedroom apartments intofour-bedroom apartments, where the buyer is willing to pay double, giving them 16-metre frontage with sweeping city views,” Mrs Hackett said. The Oxlade in New Farm, Brisbane; Kitchen Living Courtyard render: 39 ultra-luxury residences; Architect: Bureau^Proberts. Agent Sarah Hackett. Picture: SuppliedThe amalgamation means the luxury apartments have four bedrooms, three bathroomsand four side-by-side car spaces.Mrs Hackett the recent sales of both penthouses within The Oxlade had “set a new benchmark for New Farm penthouse living”. The Oxlade features 6-star hotel facilities, a concierge, a roof-top infinity edge pool and a 14-seat cellar with a chef’s kitchen attached for dinner parties.More from newsParks and wildlife the new lust-haves post coronavirus11 hours agoNoosa’s best beachfront penthouse is about to hit the market11 hours ago The Oxlade in New Farm. Picture: SuppliedSeymour Group’s Kevin Seymour, a Queensland richlister, said they had wanted to create something “unique”, and allow buyers to customise their dream residence.“We are developing something truly special with The Oxlade, somewhere residents canbe proud of and have the chance to immerse themselves in all we have to offer,” he said. Earlier this year, the Seymour family snapped up another prized parcel in New Farm at 39 Griffith St. The Oxlade at New Farm. Photos: SuppliedIt sold under the hammer to Ben Seymour, Kevin Seymour’s nephew, for $7.75 million in March, equalling the city’s highest ever residential auction price set at St Lucia in 2009.That was until Mrs Hackett sold 95-99 McConnell St at Bulimba for $8.4 million last month.The Seymour Group are also expected to develop the Griffith Street site, with Kevin Seymour telling the Courier Mail in June that the market was “hungry for luxury”.last_img read more

Best Rewards… Argyll Entertainment launches ‘universal customer loyalty programme’

first_img Share Argyll orders full compliance makeover with TruNarrative  August 17, 2020 Submit Share StumbleUpon Esports Entertainment Group to finalise Argyll acquisition by 31 July July 8, 2020 Related Articles Esports Entertainment appoints Jeff Cohen as IR lead  July 28, 2020 Stuart Tilly – Argyll EntertainmentOnline betting group Argyll Entertainment, the operating company of SportNation.bet and RedZoneSports.bet has confirmed the launch of its new industry-first ‘universal customer loyalty programme’.Developing an in-house loyalty model, Argyll will be able to reward customers across its active cross-brand portfolio, each time players wager on Argyll product verticals.The betting group have further made ‘more loyalty points available for wagers placed on traditionally higher margin products.’Updating the market, Stuart Tilly Chief Executive of Argyll Entertainment details that the ‘universal loyalty programme’ is a major release for the betting group and its long-term growth strategy.“Our objective is to make every minute spent online with us a rewarding one for our customers and the release of our rewards programme does just that.We wanted to offer our customers a simple and genuinely rewarding loyalty scheme, where every bet on our site, win, lose or draw, earns points to redeem in our store. No turnover requirements, no minimum odds conditions, no new customer or single-use restrictions…you play, you earn, you redeem…as familiar to our customers as earning points for a weekly shop, filling up with petrol or booking a flight on holiday.”Supporting the programme, Argyll has launched a new unified reward store which will be powered by industry player rewards/prizes specialist Initial Rewards.Partnering with Initial Rewards, Argyll details that it wants to create a store which will cater for all levels of its customer base. The unified reward store will be stocked with a wide of player prizes, including; merchandise, shop vouchers, electronic gadgets, match day tickets and luxury experiences.Joe Hall, Chief Commercial Officer at Initial Rewards commented: ‘We’re delighted to be working with Argyll Entertainment across their brands, delivering loyalty to their customers in an efficient and affordable manner. We’re firm believers in Argyll’s strategy and look forward to working with them this year and beyond!”last_img read more