A mega-mansion with a lift is on the market for $3.795 million

first_imgThe home features indoor-outdoor livingThe north-facing property at 13 Promontory Precinct has 30m of water frontage and offers views of the Broadwater and Marina.“Our family takes the boat out whenever we get the opportunity, we have had a few great weekends spent at Moreton Island or Tangalooma,” Phillips said.“The other really attractive part about the position of the home is that there is an open speed limit through the Broadwater and it makes for great entertainment watching boats and jet skis go by.“I can see my boat at the marina from my balcony as well.”The mansion sits on a 661sq m block. Inside it has a stylish gas fire place in the living room and a chandelier which adds a touch of elegance to the dining room.A lift services three levels of the expansive home while the basement is home to Phillips’ five cars. 13 promontory precinctTAKE the lift up to the games room, dive into the infinity pool or idle the day away in the library – this four-level mega mansion was designed to make you feel like you are on a permanent holiday.It is no wonder then, that the homeowner, Glen Phillips, describes the house as the perfect place to take a break. The infinity edge pool is to dive forWant more amazing pools? Dive in…Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:53Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:53 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.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Mod Pools00:53 Related videos 00:53Mod Pools00:26Pool Trends 201701:19Dream Home: Buderim Qld07:32Some of the best pools in Australia00:37Pool Inspiration00:40How to keep your pool area safe“Ephraim Island is an awesome place to live,” Phillips said.“I always comment to my friends that it feels like you’re leaving a holiday every time you drive over the bridge to the mainland.” 13 promontory precinct“We are moving to Sovereign Island, I don’t think we could go back from the island lifestyle,” Phillips said.The open-plan living and dining areas lead out through stacker doors to an outdoor dining area, which overlooks the solar heated infinity edge pool.The main bedroom, which has views of the water, also has an ensuite with a spa bath.The home also has an open plan study area with built in cabinetry.center_img 13 promontory precinct“The basement is one of my favourite things and its perfect for a car enthusiast who want their ‘toys’ in one place,” Phillips said.“We did some updates on the home last year, nothing dramatic because we really love the design of the home.”The mansion has recently been painted, has new carpets and designer furnishings.The house has been decked out with bold and glamorous interiors from Gold Coast based interiors, Roberstons. The lift is featured in the kitchenPhillips and his wife Mary bought the home in 2010 after moving to the Gold Coast from Darwin.“We were really attracted to the island lifestyle and the security,” The father-of-two said.“This style of living was new to Mary and we have really fallen in to the ease of it all.”More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North8 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoPhillips said the home wasn’t beachfront but he described it as still being an ultra-modern beach house.It has a timber staircase, timber floorings and marble feature walls in the living room.last_img read more

IMF approves US$15.1 million disbursement to Haiti

first_img Tweet 7 Views   no discussions Share Share Sharecenter_img NewsRegional IMF approves US$15.1 million disbursement to Haiti by: – March 22, 2012 Sharing is caring! Haitian map. WASHINGTON, USA — The executive board of the International Monetary Fund (IMF) completed the second and third reviews of Haiti’s performance under the extended credit facility (ECF) arrangement on March 19, 2012. Completion of the reviews will enable an immediate disbursement of SDR 9.83 million (about US$15.1 million), bringing total disbursements under the program to date to SDR 26.21 million (about US$40.3 million).Haiti’s ECF arrangement was approved on July 21, 2010, together with the full relief on the country’s outstanding debt to the Fund of about SDR 178 million (equivalent to US$274 million). The debt relief and IMF financing are part of a broad international strategy to support Haiti’s longer-term economic reconstruction plans, following the devastating earthquake of January 12, 2010.Following the executive board discussion on Haiti, Naoyuki Shinohara, deputy managing director and acting chair, issued the following statement:“Haiti’s economy continues to recover. The sustained efforts of the authorities and the international community have helped rekindle growth, keep inflation at single digits levels, and strengthen the fiscal and external accounts. However, the reconstruction and the pace of implementation of structural reforms have generally been slower than anticipated, reflecting predominantly the protracted electoral process and the country’s limited administrative and absorptive capacity.“Significant challenges remain. Most Haitians live below the poverty line, and, two years after the earthquake, more than half a million people are still living in temporary shelters. Health and sanitary conditions remain poor. While favorable, the economic outlook remains subject to risks, including a weaker global economic environment and a deterioration in the domestic political and security situations. Pursuit of appropriate macroeconomic policies, acceleration of the reconstruction, and a steady implementation of structural reforms, as well as continuous engagement from the international community, will help support the recovery and lay the foundations for long-term sustainable development.“The government’s macroeconomic policy mix for 2012 remains appropriate. Higher government revenue and continued non-priority spending restraint will help create additional fiscal space to ramp up spending on poverty-related and other priority projects. Monetary policy remains geared toward containing inflation in single digits. Increased flexibility in the exchange rate will help manage capital inflows, absorb external shocks, and improve monetary policy effectiveness.“The structural reform agenda focuses on strengthening revenue administration; enhancing institutional capacity for better public investment implementation and monitoring; improving public financial management and economic governance; and strengthening the financial sector.”Caribbean News Nowlast_img read more