Rabbitohs Ben Lowe's Botany investment scores 6% annual growth

Rabbitohs Ben Lowe's Botany investment scores 6% annual growth
Jonathan ChancellorDecember 7, 2020

Rabbitohs NRL star Ben Lowe has sold his Botany investment apartment for $585,000.

The two-bedroom, one bedroom unit at 4/47 Rochester Street came with a double lockup garage.

Lowe paid $453,000 for the 1970s unit in July 2010, reflecting 6% annual price growth.

It was available for rent at $450 a week several times during its ownership, most recently in April this year.

The price guide of over $550,000 was given for the 61 square metre apartment by Billy Couldwell of McGrath Coogee.

Lowe watched from the sideline as his NRL side claimed their first premiership in 43 years. 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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