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.