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Queensland’s biggest sale last week in Surfers Paradise

3 Norseman Court, Paradise Waters. 3 Norseman Court, Paradise Waters.THE Gold Coast recorded the biggest sale in Queensland last week when a $2.5 million Surfers Paradise mansion changed hands, CoreLogic records show.The property, at 3 Norseman Court, offers a stunning vista of the Surfers Paradise skyline and waterways.Freshly renovated, the four-bedroom home features open-plan living and dining areas with high ceilings and classic tones throughout.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North6 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day ago3 Norseman Court, Paradise Waters.“An easy flow out to the gleaming waterside pool and barbecue resort, with rich timber decking and a pavilion just perfect for year round alfresco celebrations, is set off by the shimmering water and city skyline,” the listings states.“Located in a highly exclusive residential pocket, so well known for great lifestyle, class and convenience, this is an enticing family option not to be missed.”Elie Fakhri and Paula Fakhri of Joseph Douglas Realty handled the sale. 3 Norseman Court, Paradise Waters. read more

AAPA Welcomes FY 2019 Energy and Water Development Appropriation

first_imgCongressional leaders achieved a major accomplishment with yesterday’s passage of the Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs Appropriations Act, which bundles three of the 12 fiscal year 2019 appropriations bills.According to the American Association of Port Authorities (AAPA) – which welcomed the Congressional passage of the bill – this marks the first time since 2004 that the Energy and Water Development appropriation was passed before the start of the new fiscal year on October 1.“We applaud both the Senate and House Appropriations Committees for their successful efforts to pass this important funding bill before the new fiscal year begins. We very much appreciate the Committees’ leadership for recognizing the nexus between water resources development and economic prosperity” said Kurt Nagle, AAPA’s president and CEO.The Energy and Water Development appropriation funds the U.S. Army Corps of Engineers’ navigation program, including deep-draft navigation construction and maintenance.Having the appropriation enacted will enable the Corps to maximize efficient use of the funds, especially with seasonally restricted dredging events in the first and second quarters of the fiscal year. Enactment eliminates 2019 work being subject to using continuing resolutions, which provide partial funding based on the previous year’s appropriation.The appropriations bill includes $1.54 billion for Harbor Maintenance Tax (HMT)-funded work, which is 91 percent of the estimated fiscal 2018 HMT revenues of $1.687 billion and a 10 percent increase over fiscal 2018 HMT funding of $1.4 billion.As such, the bill continues the trend of hitting or exceeding the HMT funding targets, set in WRDA 2014, for the fifth year in a row. The bill also increases funding amounts and allows new starts in both the Corps of Engineers’ investigations (studies) and construction accounts.Furthermore, it funds Donor and Energy Transfer ports at $50 million, the full amount authorized for the program and the amount AAPA requested in its August letter to House and Senate conference committee leaders in support of the Corps’ navigation program funding.last_img read more