Jennifer Hawkins's former Coogee home pulled form auction

The former Coogee home of model Jennifer Hawkins and her then builder fiance Jake Wall was pulled from its weekend's scheduled auction.

It now comes with guidance of $3.2 million to $3.5 million.

Phillips Pantzer Donnelley agents Alexander Phillips and David Tyrell are marketing the home having initially sought $3.5 million when first listed, and then adjusting its buyers guide to $3.2 million. 

It is the home which Hawkins had difficulty selling seven years ago.

It was finally sold for $2.22 million in 2012 when the couple headed off to Sydney's northern beaches.

Hawkin noted after it took six months to sell in 2012 that "Wow.... the property market in Sydney is tough".

The Moore Street home, part of a duplex near Gordon's Bay, spans 240 square metres over its four levels.

It has three bedrooms, three bathrooms and an open plan kitchen, living and dining area that flows to the rear alfresco deck which has been reduced in size to allow more exposed pool.

The Coogee property was a bit of a baptism of fire in the world of property for Hawkins and Wall, who in recent times have made handsome profits from their property dealings.

They made a small loss on the 2002-built property following her four year ownership, buying for $2.27 million in 2008 and then selling in 2012, just before prices began to soar across in Sydney over the next five years.

This article first appeared in The Sunday Telegraph.