EDITORS MESSAGE: APRIL 2010

APRIL 2010

IS the triumphant return of the prestige property space just behind the double French doors as some analysts predict?

Or is there a more measured recovery to tempt a new slate of investors given the bracket shift in affordability? The one certainty is that the Gold Coast is home to product aplenty in the upper end of the market with
prices starting to reflect a return to sensibility.

With the market overheating and interest rates heading north, borrowers are urged to exercise caution.

In this issue we collar some of the leading commentators and also profile a vast sample of the lavish, waterfront and spectacular homes this city has to offer as well as those further afar. There’s a surprise showcase of beachside villas from Hamilton Island, where $350 million has been pumped into revitalise the destination hot spot.

Locale plays a vital role in determining value and capital growth in the property market and the same can be said for the hospitality industry. Take a look at this month’s young entrepreneur. Co-owner of Moo Moo

The Wine Bar + Grill Steven Adams, is aiming to replicate its success in Fiji and Brisbane.

With 150 staff and two new restaurants adding pizzazz to the burgeoning Moo Moo brand, Steven and wife Autumn have built a reputation on quality and attention to detail.

This year their successful restaurant and its associated entities will turn over close to $10 million – not bad for a couple of Britons with a dream and a one-way air ticket.

While exporting a brand to an island getaway is one way to duplicate its success, pitching and winning a digital music distribution channel in China is all about exporting innovation for the crew at Cowbell Digital
Music. Cowbell was established in 2009 by CEO Shayne Locke, Andy Browne and wellknown Gold Coast restaurateurs Michelle and Glen Day.

In travel we venture to Patagonia where Matthew Ogg quickly discovers that it’s not just the curiosity that keeps you mobile on these chilly Chilean slopes, but the crisp, subzero climate too. Motoring features BMW’s cracking new Gran Turismo where the V8 version has been built to strut 300kw in uncompromised style.

We also bring you reports on wealth, leadership, commercial property and marketing, with Jupiters Casino CE O Stuart Wing dropping in to talk about life for the casino after Conrad. It’s all happening in April – the month, according to William Shakespeare, that ‘hath put a spirit of youth in everything’ – the kind of exuberance most business people wish they had a little more of.

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