From hovel to hot property: The Brisbane house that earned its owners a healthy profit

first_imgThe back deck after the renovation.Property records show they paid $347,000 for the house back in 2009, and spent a few more months renting while they brought the house up to a more liveable standard. Back in 2009 when the couple first bought the house at 22 Pettigrew StIn fact, it had half-eaten food strewn across the house, walls stained with nicotine, and an ugly brick facade. RELATED: Total transformation: The home reno you have to see to believe A bedroom after the renovationMore from newsParks and wildlife the new lust-haves post coronavirus13 hours agoNoosa’s best beachfront penthouse is about to hit the market13 hours agoAt the time, the couple described the house as “super grotty”, but they could see beyond its rough exterior, and its rough interior for that matter. One of the bedrooms before the renovation. Amazing budget reno: From brick box to Hamptons haven Teagan and Cliff Bensted with their children Gus, 2, and Audrey, 4, at the home they renovated in Mount Gravatt East. Pic Annette DewA FAMILY that turned a hovel in to a home have now flipped it for almost three times the price they paid for it.But when Teagen and Cliff Bensted bought 22 Pettigrew St at Mount Gravatt West, the “post-war mess” of a house was less than postcard-perfect. Reno nightmare: ‘There was a wheelie bin in one of the rooms’ Place Coorparoo agent Ben Salm said the vendors had done a great job on the renovations, and the presentation of the property.“They made my job easy,” he said. MORE AMAZING RENOS: Young couple show doubters how a good home reno is done The living room after the renovation.The median house price in Mount Gravatt East is $655,000, according to CoreLogic. The kitchen nowAnd then over the next 18 months they spent about $400,000 on renovations, turning the drab brick house in to a replica Queenslander-style house that sold for $967,000 at auction on the weekend. On the day of the auction, bidding started at $880,000, with two hopeful buyers battling it out until the eventual winner came in with the knockout blow of $967,000.“The two of them just went hell for leather and then she just came in over the top,” he said.“She is moving in closer to the city as her daughter is at university and her son is at the (Brisbane) Lions academy.”Mr Salm said a lot of the interested parties during the campaign had been wowed by the properties transformation, which was revealed by The Courier Mail.“Some people wanted to buy it and others wanted to get inspiration from it,” he said.“It is not your typical contemporary home. It has character, right down to the red doors.”last_img read more

Ophir: We know the clock is ticking on Fortuna FLNG. We continue to believe

first_imgOphir Energy, a company that has been struggling to close financing for its Fortuna FLNG project off E. Guinea in the past few years, is well aware the clock is ticking.The company’s interim CEO Alan Booth, appointed after CEO Nick Cooper stepped down in May, said on Thursday: “We are, of course, especially conscious that our Fortuna license expires at the end of this year; however, we remain determined to deliver value both to our shareholders and the government of Equatorial Guinea.”As reported a two months ago, E. Guinea authorities allegedly gave Ophir an ultimatum to either find financing by December and make a final investment decision for the long-stalled Fortuna FLNG project, or risk losing the acreage there.The 3.7 Tcf project’s FID had been initially expected in mid-2016 but was then postponed for the fourth quarter of 2016 only to be postponed again for the first half of 2017. In September 2017, Ophir aimed at 4Q 2017 FID.However, amid slow progress with securing the finances for the project, Ophir in late November 2017, secured a twelve-month extension to the Block R license to the end of December 2018, pushing the FID to the first quarter of 2018.Then, a recent presentation by Ophir set the expected FID for the second half of 2018, another delay. Total capital cost for the Fortuna development is expected to be $2.1b, with first gas slated for 2022, that is, in case Ophir manages to secure the financing and sanctions the project in 2018.The project took another hit when oilfield services giant Schlumberger recently decided to exit from and dissolve OneLNG, its joint venture with Golar LNG created “to rapidly develop low cost gas reserves to LNG” amid delays in securing financing for the Ophir-operated Fortuna FLNG projectOphir continues to believeOphir said on Thursday: “Throughout the first half of the year, we engaged in negotiations with potential lenders, but have not yet finalized a project finance solution for Fortuna FLNG. In May, OneLNG made the decision to dissolve itself. Although this decision was disappointing, we continue to believe that Fortuna is a high quality asset and, along with Golar, we are focused on trying to secure a new partner with the financial strength likely to be required to unlock the project financing.”The Block R license which contains the Fortuna gas discovery is due to expire at the end of 2018.“As already mentioned, we are in active discussions to secure a partner and the status of the financing and timing of FID will become clear in the coming months. Depending on how these discussions progress, the carrying value of the Block R licence ($604 million as at 31 Dec 2017) may need to be reassessed as part of our interim reporting process,” Ophir said in an update on Thursday.Revenue for 1H 2018 is forecast at $102 million, with higher than forecast commodity prices, with Bualuang production realising $66.62/bbl and Kerendan gas $5.38/Mscf. Additionally, the Sinphuhorm field generated $1.8 million of net investment income (at an average gas price of $5.20/Mscf).We are in active discussions to secure a partner and the status of the financing and timing of FID will become clear in the coming months.The company has revised its capital expenditure for 1H 2018 at $47 million. Capital expenditure for the full year 2018, on a pro forma basis including the assets being acquired from Santos, is forecast at $145 million.The revised capex forecast assumes the start of any Fortuna related spend will be deferred until 2019 but includes expenditure on Bualuang Charlie development and preparations for drilling in Block 5, Mexico.Ophir said that, following the acquisition of Santos, year-end 2018 net debt forecast is revised to $135 million with year end gross liquidity (cash and undrawn debt facilities) remaining strong, even allowing for the acquisition of the Santos assets, expected to be $280 million. Capital expenditure has been reduced by $30m against previous guidance, predominately with the deferral of Fortuna spend to 2019.Worth noting, Ophir is on the lookout for a new CEO.Alan Booth said: “Our search for a new CEO is making good progress and a number of highly experienced and qualified external candidates have been identified.  The Board will of course provide further updates as and when appropriate.”last_img read more

Barca president talks tough ahead of summer transfer

first_imgBarcelona president Josep Maria Bartomeu has moved to reassure fans over the club’s financial position: ‘We can sign the players that we want.’ In a wide-ranging interview, Bartomeu stated that whilst the club would take a big hit to its finances due to the coronavirus pandemic, it would also be in a stronger position than anyone else to quickly recover. Read Also: Barcelona facing €100M loss amid Covid 19 outbreak “It is true that the state of emergency impacts us more than other clubs, but it also means we can react quicker when it is over to make money. “In February we were ahead of our ambitious projections for making money, as we continue to be the highest earning football club in the world – so now it is about how we react. “We predict that this transfer market will have a lot less money because of the (coronavirus) pandemic, but there will still be a lot of moves and I predict player exchange deals.” FacebookTwitterWhatsAppEmail分享 “I do not want to discuss names, but we will be in a position to make transfers for players that we want to sign. “We are the most profitable club in world football and we can sign the players that we want at this club. “The club are not in danger. We have other sources of income aside from ticket sales and TV rights, as we have football schools and the club museum. A Barcelona statement on Monday confirmed that the senior squad had agreed to a wage reduction of over 70% until the resumption of football. The coronavirus outbreak has brought sport across the world to a halt with Spanish football suspended indefinitely – meaning that all clubs have no income from matchdays or, for the elite clubs, their museums. However, Bartomeu has moved to say that the club’s sporting director Eric Abidal alongside his assistant Ramon Planes are currently working on transfers to be completed this summer. Inter striker Lautaro Martinez has been strongly linked with a move to the Catalan giants this summer. Bartomeu has suggested that player swap deals could be a prominent feature over the summer months, and a report in Diario Sport this month suggested Arturo Vidal and Nelson Semedo could be offered to the Milanese club in exchange for the Argentine international. “Abidal and Planes are working on building a squad for next season who can compete for everything,” Bartomeu said in an interview with Diario Sport. Loading… According to a report, Barcelona president Josep Bartomeu promises supporters that the club will use player-exchange deals instead of offering straight-up cash to sign top players this summer. pic.twitter.com/6eTqen5TbA— SBOBET (@SBOBET) April 1, 2020 Promoted ContentWhat Is A Black Hole In Simple Terms?You’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeBirds Enjoy Living In A Gallery Space Created For ThemThese TV Characters Left The Show And It Just Got BetterWho Is The Most Powerful Woman On Earth?Cristiano Ronaldo Turns His Hotels Into Coronavirus Hospitals?Playing Games For Hours Can Do This To Your BodyWhich Country Is The Most Romantic In The World?This Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical10 Risky Jobs Some Women Do7 Reasons Why You Might Want To Become A VegetarianBest & Worst Celebrity Endorsed Games Ever Madelast_img read more

Bruce sets sights on Saints revenge

first_img But Bruce believes the Tigers have all the motivation they need to end that streak. “They were a bit of a bogey team for us last year,” said Bruce. “They played very well here and at St Mary’s. Hopefully we can put that right with a win. “We have to approach it in the right way because we owe them one as it stands. “They’ve hit the ground running this season but hopefully we can stop them in their tracks.” Southampton boss Ronald Koeman has won praise for his acumen in the transfer market since replacing Mauricio Pochettino in the summer, with the likes of Graziano Pelle, Dusan Tadic and Toby Alderweireld impressing on their first season in England. But one of his most expensive signings came from Hull – with Koeman shelling out £12million on Republic of Ireland striker Shane Long. It has been a slow start for him so far, with his first goal coming in the Capital One Cup win over Stoke in midweek, his 12th appearance. Press Association Defender Alex Bruce is desperate for Hull to get their own back on “bogey team” Southampton. But although he had only been with Hull six months before moving on, Bruce has seen enough of his former team-mate to know he could pose problems at his old stomping ground. “Longy came here and did well for us but Southampton head-hunted him and there was a large price tag put on him,” said Bruce. “He’s joined a very good team, h e offers a huge threat with his pace. I think he plays wide for them but we’ll have to keep on top of him because he is a good player.” Hull boss Steve Bruce could go with the same XI that started last week’s draw with Liverpool. Goalkeepers Allan McGregor (shoulder) and Steve Harper (bicep) are still out, meaning third-choice Eldin Jakupovic continues in goal. Gaston Ramirez is ineligible to face his parent club. Koeman believes the summer of change at Southampton helped rather than hindered him as an incoming manager. Saints have been the surprise package of the Premier League season so far, after a player exodus that many thought would harm the club’s chance of making progress actually providing the perfect platform for an early charge out of the blocks. Southampton head to Hull on Saturday with 19 points from their opening nine Premier League fixtures – a points haul bettered only by leaders Chelsea. When the likes of Dejan Lovren, Adam Lallana, Rickie Lambert, Luke Shaw and Calum Chambers all left during the summer, the doom-mongers gathered to predict tough times ahead for Koeman. However, the Dutchman thinks being able to stamp his mark on the team from the off has contributed to Saints’ flying start to the campaign. “It helped, although (Dusan) Tadic was already on the scouting list at Southampton,” said Koeman. “It also came down to positions. Lallana left, so we have to bring in a similar player to Lallana. Lambert goes, so we have to bring in another striker. Spending the money in the positions that we needed was the most important thing. “But what happened is not normal. Normally you would have to change one or two new players, instead of six or seven players. But this way it is more my team as I have my own players rather than what was left by the other manager. “Good players, good quality players, can adapt, although it usually takes some time. This team looks like it has already been together for two seasons. But that is down to the players because they are good players.” Asked if he thought Southampton could maintain their momentum and realistically challenge for a top-four place this season, Koeman replied: “We can keep this, I’m not afraid about the situation. “If I look at the rest of the teams, I don’t think a lot of them are better than Southampton. “I think we have gone under the radar. Maybe some people are very surprised but from the start of the season I saw what I had and I had belief, belief in the players and their spirit. “Okay, maybe not to be second in the league at this moment, but we have good players and we play good football and everybody enjoys how we play. This is very important.” Sadio Mane could return to the Southampton squad. Mane was rested as a precaution against Stoke on Wednesday night. The midfielder was expected to train on Friday in the hope that he will be included in the squad that travels to East Yorkshire. Koeman, whose team have won six of their last seven Premier League matches, otherwise has a full squad to select from. The Saints did the double over Bruce and company last season, easing to a 4-1 victory on home turf having already claimed a 1-0 win at the KC Stadium. They return to East Yorkshire on Saturday on the crest of a wave, lying second in the Barclays Premier League and having won nine of their last 10 matches in all competitions. last_img read more

Devonshire lifts Listowel Listed prize for Willie McCreery

first_img Pinwood (8-1) led in the last 100 yards to make a winning debut in the Exchange Inn Ballybunion & Kevin Broderick’s Bar Listowel Median Auction Maiden for trainer Ken Condon and jockey Shane Foley. Michael Mulvany’s Dew Line (8-1) got off the mark at the ninth attempt in the Listowel Arms Handicap under Leigh Roche. Kevin Manning made all the running on Jim Bolger’s Sr Cartage (11-2) to land the Seamus Mulvaney Handicap by three lengths from Snakes And Ladders, while Cloghala (6-1) took the concluding bumper for trainer Tony Mullins. Classic-placed Devonshire gained a well-deserved victory as she took Listed honours in the Edmund & Josie Whelan Memorial Listowel Stakes at the County Kerry venue. Third in the Irish 1,000 Guineas, the Willie McCreery-trained filly was always in the perfect position in second under Billy Lee as Queen Of Alba made the running. From the moment Lee asked Devonshire to go and win her race approaching the home turn over two furlongs out, the race was as good as over and she won for the first time since October. The 2-1 favourite quickly went clear and galloped on powerfully to score by four and a half lengths from Alive Alive Oh. Queen Of Alba kept on to claim third place. McCreery said: “She deserved that as she’d finished second twice in Group races and was third in the Irish 1,000 Guineas. “The poor old devil has just been placed, placed, placed and I’m delighted to see her get her head in front. “She’s very honest, had run well early in the year on soft ground and will now step back to Group Three company. Bill (Lee) said she might get a mile and two. “Things just didn’t work out the last day and today Bill had to go to the front (as early as he did) because she was tanking with him. “She’s worth a lot more now. I hope she’ll come back next year.” Tully East (4-6 favourite) looked a useful recruit as he made a successful debut over jumps in the M.S.D Animal Health Maiden Hurdle. The Alan Fleming-trained five-year-old, owned by Barry Connell, bolted up by eight lengths in the hands of Adrian Heskin. Press Associationlast_img read more

Do you believe in magic?

first_imgChristine Yoo | Daily Trojan(Left to right): Professor Daniel Durbin and magicians Eddie Medrano, Dennis Forel and Pop Haydn speak during Monday night’s ‘Communication & Magic Night’ event, hosted by USC Annenberg Student Communication Association and Lambda Pi Eta. The panel discussed how communication played a role in their magic tricks.Editor’s note: This post has been updated.last_img

Everton and Man Utd to battle for cup final place

first_imgBoth managers are under pressure to deliver silverware after watching their sides flatter to deceive in the Premier League this season.Everton boss Roberto Martinez is facing the toughest spell of his tenure so-far after a 4-0 thrashing in the Merseyside derby earlier this week.Seamus Coleman has been ruled-out of today’s game through injury but fellow Irish international James McCarthy will start for Everton. The winners of today’s game will advance to the Cup final where they will face the side that emerges from tomorrow’s Cup semi-final between Crystal Palace and Watford.Kick-off at Wembley is at quarter-past five.Meanwhile,there are also four games in the Barclays Premier League today.In the opening game of the day, Man City will look to get back up to third place in the table as they host Stoke in a 12:45 start at the Etihad Stadium.In the three o’clock matches today, Southampton travel to face bottom-of-the-table Aston VillaBournemouth host Chelsea and Liverpool will look to follow-up that Merseyside derby victory with a win at home to Newcastle.last_img read more

Blake Griffin is rounding into form ahead of playoffs

first_imgIt took three games, but Blake Griffin on Wednesday night played a little more like himself during the Clippers’ 91-81 victory over the Lakers at Staples Center.Griffin entered having scored just 10 points on 3-of-12 shooting his first two games back after missing the previous 45 with two injuries and a four-game suspension. He scored 13 points on 5-of-10 shooting Wednesday. He also had eight rebounds, doled out three assists, made one steal and committed just one turnover in just under 25 minutes. He had four turnovers in Tuesday’s victory over the Lakers in just under 17 minutes.“I was just trying to be aggressive and pick my spots,” said Griffin, who, along with Chris Paul, DeAndre Jordan, J.J. Redick and Wes Johnson will stay back when the Clippers (50-28) travel to Utah to take on the Jazz at 6 p.m. Friday night (on Prime Ticket). “I still have a lot of work to do. Everybody’s just telling me to be aggressive and all that. It felt better, but I still have a lot of room for improvement.”Coach Doc Rivers was pleased with what he saw from Griffin. “I liked it,” he said. “Blake looked great. He got some rhythm back.”Point guard Chris Paul echoed that sentiment.“It’s been great getting Blake back because a lot of our offense runs so much more smoothly,” he said. “He knows where to be on defense, he knows where to be on offense. It just brings our continuity back to where it’s supposed to be.”Praise for Kobe BryantOne of the buzz words used during this retirement season for the Lakers’ Kobe Bryant has been “competitor.” Rivers on Tuesday said Bryant is one of the best he’s ever seen in that regard. After watching what Bryant did during the final moments of Wednesday’s game, which the Lakers by then had no chance to win, Griffin was more convinced than ever of Bryant’s competitive spirit.“Yeah, it’s a little bittersweet,” Griffin said of Bryant’s retirement, which begins next week. “He’s a guy that I watched play for so long, and drawn inspiration from, I guess. I think more so just from his work ethic, and the stories you hear and how he went about playing the game of basketball.“I think at the end there, there was a minute left, and he picked up (Clippers guard) Pablo (Prigioni) full court and guarded him hard for the minute left in the game. We were up by 12 or 14, but he’s still going. I think that’s the type of attitude that you don’t see a lot anymore, and it’s something you appreciate. He could have very easily just run down court and waited or not guarded, told someone else to pick (Prigioni) up, or whatever.”Starters wanted back inSince Bryant was in there almost at the end, the Clippers’ starters wanted to be out there with him. Rivers nixed that idea.“Doc wasn’t having it,” Jordan said. “We were like, ‘Come on, can we go back? Let’s go back.’ But he was like, ‘Nah.’ It was cool just to play against him (Bryant) for these past eight years. It was truly an honor.”Scouting UtahThe Jazz at 39-39 have four games left and are in the eighth and final playoff spot in the Western Conference standings. But they were just a game ahead of ninth-place Houston, which hosted Phoenix on Thursday, so this game is huge for Utah.The Clippers, on the other hand, have already secured the No. 4 spot.Utah is led by small forward Gordon Hayward, who is averaging 19.6 points.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

DANZING CANDY TO MAKE FIRST START FOR BAFFERT & LOOMS A STANDOUT IN SATURDAY’S GRADE III, $100,000 AFFIRMED STAKES AT 1 1/16 MILES

first_imgCURLIN RULES: Lightly raced, this Triple Crown nominated son of Curlin will hope to hit the board in a field that appears cast in the long shadow of the favorite. Trained by John Sadler and owned by Hronis Racing, LLC, Curlin Rules was a gate to wire maiden winner here in his second career start going a mile and a sixteenth four starts back on Feb. 21. Winless in three starts since, he comes off a third place run to Dalmore in a first condition allowance on May 29. Although he broke his maiden on the lead, that position figures to be taken by Danzing Candy, so look for Curlin Rules to employ stalking tactics. He has one win and two thirds from five starts.   ARCADIA, Calif. (June 29, 2016)–Danzing Candy, considered one of the West Coast’s top 3-year-olds earlier this year, looms a standout as he makes his first start for trainer Bob Baffert in Saturday’s Grade III, $100,000 Affirmed Stakes at a mile and a sixteenth. Originally trained by Clifford Sise, the Kentucky-bred colt by Twirling Candy was an impressive gate to wire winner of the Grade II San Felipe Stakes three starts back and has been idle since well beaten in the Kentucky Derby May 7.With Rafael Bejarano engaged to ride for the first time, he’ll face four rival sophomores in the race named in honor of Harbor View Farm’s homebred 1978 Santa Anita Derby and Triple Crown winner who was conditioned by the late Hall of Famer Lazaro Barrera. Curlin Rules–Victor Espinoza–120Dalmore–Kent Desormeaux–120Beaumarchais–Joe Talamo–120Prince of Arabia–Santiago Gonzalez–120Danzing Candy–Rafael Bejarano–124First post time on Saturday is at 1:30 p.m. Admission gates will open at 11:30 a.m. For scratches, late changes and morning line information, please visit santaanita.com. THE GRADE III AFFIRMED STAKES IN POST POSITION ORDER WITH JOCKEYS & WEIGHTSRace 5 (of 9)                                                                                                       Approximate post time 3:30 p.m. PDTcenter_img DANZING CANDY: Bred by Ted Aroney’s Halo Farms, he’s owned by Halo Farms and Mr. and Mrs. Jim Bashor. Following his two length win in the 1 1/16 miles San Felipe, Danzing Candy went to the lead in the Grade I Santa Anita Derby on April 9, but tired badly over a sloppy surface and was fourth, beaten 13 ¼ lengths by eventual Preakness Stakes winner Exaggerator. Transferred to Baffert following his 20 length defeat in the Kentucky Derby, Danzing Candy, who possesses tremendous natural speed, has trained exceptionally well here at Santa Anita in preparation for the Affirmed. Look for him to go to the front and pose an elusive target on Saturday. The leading money earner in the Affirmed lineup, he’s banked $358,650 and has three wins from six starts. DALMORE: A sharp 1 ½ length allowance winner going 1 1/16 miles here on May 29, Dalmore earned a career best 91 Beyer Speed figure and will hope to be running late for the Brothers Desormeaux, trainer Keith and jockey Kent. Last by a distance in the Grade I, 1 1/8 miles Wood Memorial Stakes at Aqueduct three starts back on April 9, the Florida-bred colt by Colonel John was subsequently fifth, beaten eight lengths by speedy Uncle Lino in the 1 1/16 miles California Chrome Stakes at Los Alamitos April 30. Owned by Big Chief Racing, LLC, Rocker O Ranch, LLC and Keith Desormeaux, Dalmore is the most seasoned horse in the Affirmed field, as he has two wins and three seconds from 10 starts.last_img read more