Australian batsman David Warner buys in Maroubra again
Australian batsman David Warner and ironwoman wife Candice can't help themselves when select property in Maroubra hits the market.
They've just settled on their fourth acquisition in two years.
It's their second investment apartment.
The two bedroom apartment cost $1,023,000, taking the couple's total spend in the coastal eastern suburb to over $8 million.
Much like their other apartment investment that cost $830,000 in 2015, its become a rental, with it leased this month at $700 a week, reflecting a 3.5 percent yield.
It's pocket change for the forever travelling Warner, who leads the fight against Cricket Australia for cricketers to earn higher incomes.
Wonder what Warner's ANZ financiers throught when he recently suggested Australia's cricketer will effectively be unemployed if a deal is not signed before July 1.
“Well from July 1 — we’re unemployed”, Warner told last week's Nine’s Sports Sunday.
Set on the top floor of a block of eight, the 94 sqm apartment acquisition has semi sized interiors with open living and distinct lounge and dining spaces.
PRDnationwide Perez Real Estate agent Vernoica Perez sold the apartment at auction.
It was bought just before Candice headed over to in India with their two daughters, Ivy Mae and Indi Rae, to support Warner who played in the IPL for Sunrisers Hyderabad.
The couple's $3.9 million knockdown on Mermaid Avenue - set to be their forever home - appears to be a slow progression.
It hasn't even been demolished yet.
The couple submitted now approved Rolf Ockert plans last year after their late 2015 buy. The plans are for a brand new five level home at an estimated $4 million cost.
They bought the property through McGrath's Simon Exleton as they secured the $7.05 million sale of their luxury South Coogee home.
With the old home on the 892 sqm parcel yet to be demolished, the Warners bought a stop gap home round the corner last year.
Warner retains one Matraville investment apartment.
The former Matraville Public School student retains a two bedder than cost $695,000 in 2010.
He might be partners with captain Steve Smith out in the middle, but the pair seem to be battling it out for the number one property aficionado in the team.
Smith has just acquired his third property on the Balmain Peninsula, paying $1.95 million for the dilapidated Birchgrove home of architect David Gole.
It was marketed as a "vintage treasure ripe for reinvention" by Cobden & Hayson agent Danny Cobden.
Smith retains a $1.75 million apartment home in Coogee.
This article first appeared in the Daily Telegraph.