NRL's Todd Carney settles on off the plan Sydney purchase

NRL's Todd Carney settles on off the plan Sydney purchase
NRL's Todd Carney settles on off the plan Sydney purchase

The controversial former NRL player Todd Carney has recently settled on an off the plan Sans Souci apartment purchase.

Carney, currently playing for the Super League club Catalan Dragons, signed up to buy the $460,000 off the plan apartment shortly after he quit the Sydney Roosters in 2011 to play for the Cronulla Sharks.

Building delays saw settlement postponed well beyond initial indications, leaving Carney to settle on the deal while playing in France.

The 80 sqm apartment is on the third floor of The Jameson, which was developed by Koundouris Projects, in partnership with Sydney Roosters chairman Nick Politis.

It was bought in early 2012 after Carney had left the Sydney Roosters following a string of off-field club discipline issues. 

The rugby league player is currently in the middle of a legal battle with the Cronulla Sharks following his sacking in June last year. Carney is suing for $3 million for unfair dismissal.

The Jameson was a selection of one, two and three bedroom apartments all with security underground parking and storage with some apartments enjoying Botany Bay water views.

A comparable sale in the Rocky Point Road complex saw a $435,000 off the plan apartment onsold at $520,000 recently which reflected a nice 5.5 per cent annual price growth.

Amid the recent off the plan settlements was the Australian cricket captain Steve Smith who bought in December 2011 for $435,000.

The Koundouris family are better known as owners of the supermarket chain Supabarn, which is currently under offer from Coles subject to ACCC sale approval.

Carney owns an impressive portfolio, now with four known Sydney properties. His portfolio's first acquisition was  in 2007 when he bought a $395,000 Wentworth Point apartment which is a $410 a week rental.

Carney was back in the news this week after using social media late last month suggesting he had married a Brazilian bikini model in Bali.

Carney's manager David Riolo later explained it was a gee up by the pair.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Property market Residential Sale

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