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This two-bedroom cottage has renovation potential

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first_img40 View St, Paddington.THIS quaint two-bedroom cottage in one of Brisbane’s most charming suburbs offers plenty of scope for transformation.Agent Nick Penklis said the house at 40 View St, Paddington, was on the market for the first time since 1997, providing potential buyers with a blue chip investment in a high-demand area, and potential income while exploring design options.Feeling inspired to give your own home a bit of TLC? Here’s some style steals…Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:50Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:50 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, 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.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenThis 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.Interior design trends 201800:51 Related videos 00:51Interior design trends 201800:581 Bed 2 ways!01:28Style Hacks: Kitchen Bench01:11Teeny tiny plants02:38Neon dreams! Artist’s home tour01:46Style Hacks: Dining Table“This presentable cottage sits on a much sought-after elevated 574sq m pristine allotment, with a 15.2m frontage widening the scope for better design and accessibility,” Mr Penklis said.“It’s an investment for the future or a project for today.”40 View St, Paddington.More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020Entry to the house is through a front veranda with a lattice door. Once inside, timber floors, VJ walls and warm tones of yellow in the lounge area contribute to the residence’s homely vibe.To the rear of the single-level design is the open-plan kitchen and dining space, floored with stone and painted in a mix of pastel yellows and baby blues. From this space, double doors open to a rear covered deck and large yard, complete with a traditional clothesline and bordered by trees to one side.40 View St, Paddington.Along with its expanse of established lawn, another bonus of the back yard is its wide-reaching city outlook.Back inside, the house’s sole bathroom is an old-fashioned space with a claw foot bath, while the two bedrooms also turn on the charm.One of the bedrooms is painted purple and further complemented by VJ walls and timber floors, while the other bedroom also has timber floors and is decorated in a more neutral tone, with the added benefit of ample cupboard space.In addition to the potential this property affords, Mr Penklis said a lot of investment was being poured into the precinct, with large scale renovations currently in progress.“This one-off opportunity will come and go and won’t be repeated, so don’t sit on the fence waiting for another,” he said.“You are not going to look back by securing this prized slice of real estate in high demand View St.” HMlast_img read more

Irish sovereign fund could act as catalyst for peer-to-peer lending

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first_imgIreland’s sovereign fund could act as a catalyst for the development of domestic peer-to-peer lending, despite a likely small commitment if it were to proceed.Eugene O’Callaghan, director of the €7.6bn Ireland Strategic Investment Fund (ISIF), told IPE any move into the market “won’t be big, and it won’t have a massive impact”.But he confirmed an allocation was still under consideration after a request for proposals concluded in April.At the time, the fund said it would consider exposure to invoice and supply chain finance, as well as longer-term loans. Ireland’s sovereign fund targets peer-to-peer lending.O’Callaghan noted that peer-to-peer lending had proven successful in other countries.“In the US and the UK, there are good examples of that, and it’s a new market channel, which could profitably and sensibly be catalysed,” he said.“Our money can probably catalyse and accelerate that taking hold as an option, both for savers and borrowers, in Ireland.”ISIF’s interest in peer-to-peer lending stems from its desire to increase the number of ways small and medium-sized enterprises (SMEs) can access funding.Committing €500m to a number of SME lending funds was one of the first steps taken by the former National Pensions Reserve Fund to realign its strategy toward Ireland ahead of its transformation into the ISIF.It has since broadened to offer credit to property developers in a joint venture with KKR and in July unveiled its investment strategy focused on real assets, venture capital and private equity.For more on ISIF’s investment strategy, read IPE’s interview with Eugene O’Callaghanlast_img read more

Roscrea driver nominated for national award

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first_imgNicole Drought from Roscrea has been nominated for Irish Motorsport’s Young Driver of the Year award, and is hoping to win the main prize of a funded season of single-seater motor racing worth €50,000.21-year-old Nicole will test drive a 300 brake horsepower SEAT Supercopa at Mondello Park next Friday, after scoring 5 podiums in her first season.She also hopes that being the first woman ever to be nominated for the award will encourage more young women to get into the sport.last_img