Parramatta Eel Mitchell Moses buys Gladesville house

Parramatta Eel Mitchell Moses buys Gladesville house
Parramatta Eel Mitchell Moses buys Gladesville house

The Parramatta Eels playmaker Mitchell Moses has a bought another investment property.

The 1940s Gladesville home cost $1.8 million.

It comes with four bedrooms, two bathrooms and a studio at the back of the 790 sqm block.

Belle Property Strathfield agents ­Michael Murphy and Norman So secured the sale post auction, to the halfback fresh back from a calf injury.

The home, which sold for $1.16 million in 2012, has been leased out at $900 a week through Rachel Pittorino at The Region Professionals having sought $1000.

Parramatta Eel Mitchell Moses buys Gladesville house

The rent reflects a 2.6 per cent yield.

Houses in Gladesville typically rent out for $735 a week, at an annual rental yield of 2 per cent, according to realestate.com.au. There are currently 115 properties for rent in the suburb.

The suburb has a $1.9 million median house price, and based on the past five years of sales, has seen a compound price growth rate of 4.8 per cent for houses.

It’s a buy back into the area for Moses, who quietly sold in Ryde for $2,099,000 earlier this year. He had paid $1.78 million for the modernised four bedroom, two storey home in 2018.

The 25-year-old Moses retains a property in Epping which cost $1,375,000 in 2015, when he was at Wests Tigers. He played junior football with the Carlingford Cougars and the Holy Cross Rhinos.

Parramatta Eel Mitchell Moses buys Gladesville house

Moses, who was born in Ryde, ­re-signed with the Eels in early 2019 with an extension to remain until 2020.

There is also a $585,000 investment apartment in Toongabbie in his $3.75 million property portfolio.

Last month he established Sandstone Holdings, with older brother, estate agent Stephen, which appears to have the goal of being a family real estate corporation.

This article was first published in the Sunday Telegraph.

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Title Tattle Gladesville

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