http://www.gcrer.com.au/2010/07/28/light-rail-project-expected-to-boost-property-prices/ All the latest facts, figures and rumours of the Gold Coast Property Market Mon, 30 May 2011 03:09:58 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.gcrer.com.au/2010/07/28/light-rail-project-expected-to-boost-property-prices/comment-page-1/#comment-520 admin Mon, 10 Jan 2011 01:14:47 +0000 http://www.gcrer.com.au/?p=370#comment-520 My understanding is that, once the initial Parkwood <--> Broadbeach stretch is completed, plans are to extend to Helensvale railway station in the north and Coolangatta Airport in the south - but I don't believe these are more than unfunded plans at this stage. My understanding is that, once the initial Parkwood < --> Broadbeach stretch is completed, plans are to extend to Helensvale railway station in the north and Coolangatta Airport in the south – but I don’t believe these are more than unfunded plans at this stage.

]]> http://www.gcrer.com.au/2010/07/28/light-rail-project-expected-to-boost-property-prices/comment-page-1/#comment-482 Andre Marschke Thu, 25 Nov 2010 23:40:30 +0000 http://www.gcrer.com.au/?p=370#comment-482 This is a $1b white elephant that will bleed year in year out because there won't be enough demand to run te system let alone generate some sort of payback on a BILLION dollars. It will create a traffic nightmare and doesn't connect to anything that would make sense - NO connection to any train stations to Brisbane. NO connection to Skilled Park. No connection to Coolangatta Airport. Does nothing for anyone who commutes east west or outside of the narrow 15km North-South strip it covers. This project costs an enormous $60 million dollars per kilometre. $60m per kilometre. Come on. There is obviously so much corruption behind this 'project' its a joke. A billion dollars for a tiny 15km strip that is already serviced by buses. Won't help any real commuters or alleviate any of the traffic woes on the coast. Absolute farce. This is a $1b white elephant that will bleed year in year out because there won’t be enough demand to run te system let alone generate some sort of payback on a BILLION dollars. It will create a traffic nightmare and doesn’t connect to anything that would make sense – NO connection to any train stations to Brisbane. NO connection to Skilled Park. No connection to Coolangatta Airport. Does nothing for anyone who commutes east west or outside of the narrow 15km North-South strip it covers.
This project costs an enormous $60 million dollars per kilometre. $60m per kilometre. Come on. There is obviously so much corruption behind this ‘project’ its a joke. A billion dollars for a tiny 15km strip that is already serviced by buses. Won’t help any real commuters or alleviate any of the traffic woes on the coast. Absolute farce.

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