Blog Review:
Sappho Books & Cafe, on the blog Beansprout's Cafe
Sunday, May 18, 2008
Demand on CBD fringe strong
By Carolyn Cummins, The Sydney Morning Herald
"WITH the redevelopment of the southern end of the central business district, fringe areas such as Glebe are benefiting from new infrastructure and expanded commercial offerings such as the Broadway shopping centre and the planned $2 billion Fraser Property project.
The accelerated development of residential buildings in the area has led to a rise in commercial values of about 30 per cent over the past two years to $6000 per square metre, while leasing rates have grown 25 per cent to $550 sqm. The vacancy rate is about 5 per cent.
Property developers say that, with many of the historic buildings in the suburb transformed to residential apartments and spare land becoming scarce, commercial property is proving to be in strong demand, especially on Glebe Point Road.
One such site is the former Valhalla cinema and another is the Glebe Post Office.
Portfolio Realty is offering 252 sqm of office space in the Glebe Post Office for rental at $280 a square metre, while the former Valhalla complex has been transformed into a commercial office complex, with 42 work studios, while retaining the existing shops and lobby.
The Valhalla studios have been developed by W Property.
David Brown, principal of the selling agent DB Property, said there has been strong demand from small service companies keen to buy and lease space in these types of buildings. ..."
Read the full article from The Sydney Morning Herald here.
"WITH the redevelopment of the southern end of the central business district, fringe areas such as Glebe are benefiting from new infrastructure and expanded commercial offerings such as the Broadway shopping centre and the planned $2 billion Fraser Property project.
The accelerated development of residential buildings in the area has led to a rise in commercial values of about 30 per cent over the past two years to $6000 per square metre, while leasing rates have grown 25 per cent to $550 sqm. The vacancy rate is about 5 per cent.
Property developers say that, with many of the historic buildings in the suburb transformed to residential apartments and spare land becoming scarce, commercial property is proving to be in strong demand, especially on Glebe Point Road.
One such site is the former Valhalla cinema and another is the Glebe Post Office.
Portfolio Realty is offering 252 sqm of office space in the Glebe Post Office for rental at $280 a square metre, while the former Valhalla complex has been transformed into a commercial office complex, with 42 work studios, while retaining the existing shops and lobby.
The Valhalla studios have been developed by W Property.
David Brown, principal of the selling agent DB Property, said there has been strong demand from small service companies keen to buy and lease space in these types of buildings. ..."
Read the full article from The Sydney Morning Herald here.
Thursday, May 15, 2008
Greyhound trainer guilty of cruelty
"The trainer of a greyhound that died after being left in a car has pleaded guilty to four charges, including animal cruelty.
Terry Darragh left his $10,000 greyhound in his station wagon in January after failing to stop when he collided with a bus at Glebe in Sydney's inner west.
He falsely reported the car missing the next day.
The dog died from organ failure three days after being left in the car.
The 37-year-old later admitted lying to police.
Solicitor Ben Goh asked the magistrate to dismiss the charges against Terry Darragh because he suffers from a mental illness.
The magistrate told the court he was satisfied the accused was mentally ill, but said the charges were too serious to be dismissed.
He will be sentenced in July."
Read the article from ABC News here.
Terry Darragh left his $10,000 greyhound in his station wagon in January after failing to stop when he collided with a bus at Glebe in Sydney's inner west.
He falsely reported the car missing the next day.
The dog died from organ failure three days after being left in the car.
The 37-year-old later admitted lying to police.
Solicitor Ben Goh asked the magistrate to dismiss the charges against Terry Darragh because he suffers from a mental illness.
The magistrate told the court he was satisfied the accused was mentally ill, but said the charges were too serious to be dismissed.
He will be sentenced in July."
Read the article from ABC News here.
Tuesday, May 13, 2008
Ladettes? No these girls are thugs
By Lauren Williams, Daily Telegraph
"IT'S Friday, 11.30pm on Glebe Point Rd. As university students sip coffees at outside tables after late classes, a steady stream of rowdy young girls begins to pass by. Heading from Broadway, they gather at the corner of Cowper St and Glebe Point Rd.
First there's three. Aged somewhere between 12 and 16, they're dressed in hoodies, tight jeans and flashing Nikes.
Then there's the whistle, and during the next 15 minutes three more groups of three or four join them.
Somewhere ahead there's the sound of an altercation and one of the girls shouts out behind her: "Shut the f . . . up before you get shot, you dumb slut".
Residents and business owners say assaults, robberies and vandalism are out of control in Glebe, claiming an underage group of delinquents - known to locals as "The Glebe Gang" are terrorising the area.
They say a hardcore group of girls is now trumping the boys, with police admitting they have concerns about a group of young female repeat offenders.
The problem is so bad, Domino's Pizza in Glebe has declared six streets as a "no-go zone." ..."
Read the full article from the Daily Telegraph here.
"IT'S Friday, 11.30pm on Glebe Point Rd. As university students sip coffees at outside tables after late classes, a steady stream of rowdy young girls begins to pass by. Heading from Broadway, they gather at the corner of Cowper St and Glebe Point Rd.
First there's three. Aged somewhere between 12 and 16, they're dressed in hoodies, tight jeans and flashing Nikes.
Then there's the whistle, and during the next 15 minutes three more groups of three or four join them.
Somewhere ahead there's the sound of an altercation and one of the girls shouts out behind her: "Shut the f . . . up before you get shot, you dumb slut".
Residents and business owners say assaults, robberies and vandalism are out of control in Glebe, claiming an underage group of delinquents - known to locals as "The Glebe Gang" are terrorising the area.
They say a hardcore group of girls is now trumping the boys, with police admitting they have concerns about a group of young female repeat offenders.
The problem is so bad, Domino's Pizza in Glebe has declared six streets as a "no-go zone." ..."
Read the full article from the Daily Telegraph here.
Monday, May 5, 2008
Death of Harold Park looms
"IT has been Sydney's home of harness racing since 1902 but Harold Park could be up for sale as soon as August.
More than 100 years of tradition is likely to end after the NSW Harness Racing Club yesterday confirmed that an independent report supported the sale of Harold Park.
The sport is struggling to compete in the gambling market and must sell Harold Park - reported to be worth upwards of $150 million - and relocate to new facilities at Menangle Park to survive.
"The independent report, sanctioned by the NSWHRC and Harness Racing NSW, has come back with overwhelming support to sell Harold Park," NSWHRC chairman Rex Horne said.
"The future prosperity of harness racing in NSW rests largely on the decision to sell Harold Park." ... "
Read the full article from the Daily Telegraph here.
More than 100 years of tradition is likely to end after the NSW Harness Racing Club yesterday confirmed that an independent report supported the sale of Harold Park.
The sport is struggling to compete in the gambling market and must sell Harold Park - reported to be worth upwards of $150 million - and relocate to new facilities at Menangle Park to survive.
"The independent report, sanctioned by the NSWHRC and Harness Racing NSW, has come back with overwhelming support to sell Harold Park," NSWHRC chairman Rex Horne said.
"The future prosperity of harness racing in NSW rests largely on the decision to sell Harold Park." ... "
Read the full article from the Daily Telegraph here.
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