Savings and Business :: Money news

Glass house in northern nsw offers a unique outlook on country living




LONG-held wisdom may suggest people in glass houses shouldn’t throw stones, but it seems unlikely such a limitation will put buyers off this magical home in the Byron Bay region.

Known as The Glasshouse, the unique architect-designed home sits on nearly 2hA of land off Coolamon Scenic Drive in Coorabell.

Constructed from a mix of timber, concrete, steel and, naturally, plenty of glass, the homes design seeks to amplify spectacular views of the surrounding countryside.

The views can be soaked in from the three-level homes wraparound verandas, as well as from an outdoor dining area that adjoins the kitchen.

Listing agent Liam Annesley of LJ Hooker-Byron Bay has marketed the kitchen as a chefs dream, complete with an industrial size Maytag oven and two Leibherr double fridges.

Designed by architect Alex Tzannes, the homes interior abounds with exposed steel columns, beams and trusses.

The downstairs area has a cinema room, while other pockets of the home include a wine cellar and mezzanine library. There are two fireplaces upstairs.

Outside the main, four-bedroom house there is an additional two-bedroom pool house with a private kitchen.

The pool house is self-contained and has its own subtropical gardens.

Its the grounds were the property truly shines the outdoor space features a waterfall, private lake and orchard, boardwalks and secret gardens.

The property is currently listed through an expressions of interest campaign that will close in February.

It had been listed in 2014 for $4.5 million, according to Core Logic records.

Local prices have changed somewhat in the last two years. The median price of houses in Coorabell is now $1.44 million, having grown 1.5 per cent over the past year.

The suburb is the priciest place to buy a home in NSW outside of the Sydney-Newcastle area and the NSW suburbs in the orbit of Canberra.

Lib brothelowner quits party




THE party of small business has a small problem with undeclared businesses of its candidates — even if that business is for “partying”.

Victorian Liberal candidate John Hsu quit on Saturday after it was revealed by the Herald Sun that he owned a Melbourne brothel and didnt tell the party about it.

He was running in the safe Labor seat of Calwell but resigned after it emerged he owned the Paradise Playmates brothel in Frankston.

John Hsu, endorsed candidate for the federal division of Calwell, had not fully declared his business interests prior to applying for endorsement as required under the partys rules, Victorian Liberal state director Simon Frost said on Saturday. Mr Hsu has resigned, with immediate effect, as an endorsed candidate of the Liberal Party and has resigned as a member of the party.

Given the AECs nomination deadlines the Liberal Party will not be running an endorsed candidate in the division of Calwell. Mr Hsu is listed as the owner of Victoria Angels Brothel & Escort Agency, which trades as Paradise Playmates in Frankston. Paradise Playmates describes itself as one of the most well-known brothels in Melbournes south east, tastefully decorated with a great ambience.

It offers everything from massages to the $350 king room special.

Brothels are legal and regulated in Victoria.

Mr Hsu was unlikely to win the safe Labor seat of Calwell, which has been held by Maria Vamvakinou since 2001.