Cricketer David Warner secures another Maroubra apartment

Cricketer David Warner secures another Maroubra apartment
Cricketer David Warner secures another Maroubra apartment

The ink was barely dry on the pay dispute resolution with Cricket Australia when Candice Warner, the ironwoman wife of cricketer David Warner,  added another investment property to the couple's expansive portfolio.

It was another investment apartment in Maroubra, their fifth in Sydney's coastal eastern suburbs.

Candice paid $975,000 for the recently renovated top floor apartment.

The two bedroom, 71 square metre unit comes with uninterrupted views over bushland towards Malabar Beach.

Cricketer David Warner secures another Maroubra apartment

Like the other two Maroubra investment apartments, it quickly found a tenant. The $700 a week lease reflected a 3.7% yield.

Their total spend on investments sits at $2.8 million, though their overall outlay nearly tops $10 million.

The couple live in a $2.33 million night watchman home that they bought last year, while they wait for their knockdown rebuild on pricey Mermaid Avenue that cost $3.9 million this time two years ago.

The demolition on the 892 square metre Mermaid Avenue parcel recently got underway with plans for a brand new five level residence designed by Rolf Ockert. It has an estimated cost of $4 million. 

Dave Warner retains a Matraville investment apartment.

The former Matraville Public School student has a two bedder than cost $695,000 in 2010.

In 2014 Warner secured $650,000 when he offloaded the two bedroom Maroubra apartment which he purchased as a first home buyer in late 2009 for $562,000.

He broke onto the international cricket scene in the 2008/09 season with a series of explosive hitting performances.

This article first appeared in the Sunday Telegraph.

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