Stenmark modelling twins become landlords
The beach loving international modelling duo, the Stenmark twins, are now both landlords.
After strutting their stuff at 2020 New York Fashion Week, the boys came home in late March, to go in to isolation at the family’s 1915 rustic timber cottage at Palm Beach. And they’ve been spending time at their parents Mosman home, too.
Zac has sought tenants for his vacated Manly unit.
He bought it in 2015 for $965,000 as his first home acquisition.
The two bedroom, two bathroom 1980s apartment was initially listed at $800 a week, and then this month at a $750 a week asking rent.
Manly’s asking rents have fallen, and sharply, according to the valuation firm Herron Todd White (HTW), evident across suburbs on the northern beaches that have a strong reliance on the tourism. Two other rentals in Zac’s block have been at rents not seen since 2016.
Zac’s tenant hunt follows twin brother Jordan, who sought tenants for his Bondi apartment earlier this year.
He’d initially been seeking $1090 a week in February, and two months later reduced the asking rent to $850 a week.
Jordan paid $1.13 million for the two-bedroom apartment — nearer Bondi Junction than the sand — three years ago.
The split-level unit, with a study and north-facing balcony, sits on the top level in the 2005-built Oasis block.
It had been an $800-a-week rental before Stenmark bought it in 2017. The twins recently launched Stenmark Fit, with their surfer mate and trainer Mitch Barraclough, who runs The Natural Connection. It offers body weight exercises and a recipe guide.
The Stenmarks hit the big time in 2011 when they were working in cafe.
They were signed on by the Vivien agency at just 19 and flown to Miami to shoot 60 pages for L’official Homme the following week.
The whirlwind has never stopped.
This article first appeared in The Sunday Telegraph