Wallabies star Israel Folau buys investment in Little Bay
Wallabies star Israel Folau has taken to the coast, securing an apartment in Sydney's eastern suburbs.
He's paid $960,000 for the one bedroom Little Bay apartment, the third under his Folau Investments Pty Ltd company name that he co-directs with his father, Eni.
They started their property spend in 2010 when they outlaid $773,000 on a four bedroom Kellyville home. Folau was playing rugby league for the Broncos in Brisbane at the time.
Their next purchase was a four bedroom home in Stanhope Gardens that cost $1,005,000 in 2015.
That came just before Folau settled on his own home, a four bedroom mansion in Kenthurst costing $2.1 million and featuring a grand colonnaded entry.
His latest acquisition is an elevated ground floor apartment in the Prince Henry community that comes with a balcony and a study.
Richard Movessian and Viola Troyak at Coastline Agency Maroubra sold the apartment.
It last traded for $730,000 in 2013, having been bought from the developers Stockland for $720,000 in 2008.
Folau began his career when he was spotted by a Melbourne Storm scout and was invited to play his junior football with the Storm's feeder club at the time, Queensland Cup team the Norths Devils.
He was just 17 when he made his debut in the 2007 NRL season for the Storm.
Folau left the Storm for the Bronco's for a season before his first code hop to the AFL where he signed for the expansion team Greater Western Sydney.
He only lasted a season however he is credited with helping to establish the Giants in Western Sydney.
In late 2012 Folau joined the NSW Waratahs.
This article first appeared in the Sunday Telegraph.
