Reno queen Cherie Barber secures another flip

Reno queen Cherie Barber secures another flip
Reno queen Cherie Barber secures another flip

The renovation queen Cherie Barber has sold another investment property.

She secured $550,000 for the four-bedroom, one-bathroom Lethbridge Park cottage which cost $360,000 in 2014.

Barber, the founder of Renovating for Profit, sold a Colyton in­vestment earlier this year.

It was bought in 2016 for $580,000, and was flipped for $870,000 after a granny flat was built.

Barber is the mystery $6 million delayed-settlement buyer of comedian Merrick Watts’ Lilyfield warehouse.

The 1920s Oh Boy Candy Company space was converted by architect Virginia Kerridge into a family home for Watts, his wife Georgie and their two children.

Watts, who formed part of the comedy duo Merrick and Rosso, paid $2.1 million in 2008 for the two-storey showroom, with sawtooth roofing.

This article first appeared in The Daily Telegraph.

 

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