Steve Smith

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There's a whiff of desperation from former Australian cricket captain Steve Smith with his vacant contemporary Balmain new-build investment.
The banned skipper, who is unavailable to play international and national cricket after his part in the ball-tampering scandal, initially sought tenants for the townhouse mid-last month.
This week Smith indicated his amplified keenness for some income.
The home initially came without any rental price indication, but is <a href="https://www.realestate.com.au/property-house-nsw-balmain+east-423357126" target="_blank">now advertised at $2,500 a week.</a>
But an e-mail from Cobden &amp; Hayson leasing agent Kate Ferrante to those who's previously enquired suggesting the landlord's desire to get it leased.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/16/smith2.jpg" alt="">
"The landlords have advised us to advertise the property with a weekly rental of $2500 and to advise that this can be negotiated.
Smith has been working on the home build for the past couple of years after spending $2 million on a cottage on nearly 200 sqm in 2015.
It was his first purchase on the Balmain peninsula, which was soon followed by a two bedroom townhouse then another knockdown rebuild in Birchgrove.
His total portfolio on the peninsula stands at over $4 million, not including his home in Coogee and another two investments, one in San Souci and the other in Marrickville.
Smith was one of the three banned in the ball tampering scandal which rocked world cricket.
This article was first published in the Saturday Daily Telegraph.
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Steve Smith's whiff of desperation to secure Balmain tenant

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Australian cricket captain Steve Smith is not leaving beachside Coogee.
His newly built Balmain East terrace is up for rent.
The world's best Test batsman had the option of heading to the Balmain peninsula, after buying three properties in as many years, but it will instead be keeping an eye on his $4 million portfolio from the east.
His Johnson Street knockdown rebuild replaced a cottage.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/31/smith2.jpg" alt="">
It is a charcoal-coloured two-storey modern home designed by architect firm Raymond Panetta Architects. 
The <a href="https://www.realestate.com.au/property-house-nsw-balmain+east-423357126" target="_blank">smart wired Balmain East property</a> has three bedrooms, three bathrooms and a landscaped garden.
The casual living area opens to a terrace with Harbour Bridge views.
Cobden &amp; Hayson agent Kate Ferrante isn't advertising a price, but industry insiders suggest a $2,000 plus a week rental.
It was Smith's first purchase on the peninsula, setting him back $2 million in 2015.  
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/31/smith3.jpg" alt="">
Smith continued his peninsula purchasing, next securing a Beattie Street townhouse that cost him $1,345,000 in 2016.
That's recently been up for rent at $895 a week, down a bit on the $975 a week he sought upon his purchase.
The two bedroom property sits in the converted Tin Sheds.
Last year he quietly paid $1.95 million for a dilapidated Birchgrove cottage through Cobden &amp; Hayson agent Danny Cobden.
The free-standing Victorian, marketed as a "vintage treasure ripe for reninvention", belonged to architect David Gole.
That's Smith's latest project, having recent approvals for the near 200 sqm parcel.
He's seeking to part demolish the existing dwelling, making alterations and additions to the ground floor and first floor.
There's also an application submitted to construct a new two storey dwelling on the newly created lot.
The estimated cost of the work is $900,000.
He retains his abode as apartment with ocean views in Coogee, which he bought in 2011 for $1.75 million.
His investment portfolio also includes a one bedroom plus study apartment in the Jameson complex in Sans Souci and a Marrickville apartment.
Smith is captaining Australia in the battle with South Africa, with the four match Test series tied at 1-1 after two games.
Property investment runs deep in the Australian team. His predecessor Michael Clarke was busy this week attending the launch of an off the plan Port Frederick development in which he has invested project funds.
Brett Hunter from Raine &amp; Horne Terrigal/Avoca Beach said the Viciniti was a boutique block of 24 apartments with prices from $420,000 to $1.4 million.
“The broad price range means that Viciniti will appeal to downsizers from the Central Coast, Sydney and Newcastle, investors and first home buyers,” said Hunter.
This article was first published in the Saturday Daily Telegraph.
  
 
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Steve Smith finishes Balmain project and is seeking tenants

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Australian cricket captain Steve Smith has sought tenants for the Balmain property he bought for $1,435,000 in May last year.
His agent is seeking $895 a week. On its purchase in May last year he sought $975 a week, but then reduced the asking rent to $895 a week.
The investment on the peninsula is a <a href="https://www.realestate.com.au/property-apartment-nsw-balmain-422662710" target="_blank">contemporary apartment</a> in a boutique conversion of the Tin Sheds. His investment portfolio now stands at $4 million plus.
It has two bedrooms, a study and two entertaining terraces.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/12/13/smith2.jpg" alt="" style="font-size: 12.16px;">
Smith likes the peninsula having previously paid $2 million for a knock-down re-build in East Balmain.
The dilapidated three bedroom cottage had DA-approved plans for a two-storey home with basement parking by architect firm Connor &amp; Solomon.
With a two storey apartment, Smith has lived in Coogee since he paid $1.75 million in 2007.
His property portfolio also includes a $435,000 off-the-plan apartment Sans Souci which he bought in 2011 and a two bedroom apartment in Marrickville which he paid $635,000 for in 2013.
Smith is now the Australian captain across all forms of the game and was the first Australian captain since Warwick Armstrong in 1920 to go unbeaten through his first 10 Tests.
This article was first published in The Sunday Telegraph.
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Australian captain Steve Smith seeks Balmain tenants

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The Australian cricket captain Steve Smith has secured his third acquisition on the Balmain peninsula.
It is a <a href="https://www.realestate.com.au/sold/property-house-nsw-birchgrove-125276678" target="_blank">dilapidated three-bedroom Birchgrove cottage</a> that cost $1.95 million when bought from architect David Gole through Danny Cobden, of Cobden &amp; Hayson.
The free-standing Victorian house was marketed as a, “vintage treasure ripe for reinvention”  set on its 200 square metre Birchgrove Road holding.
Last year he bought a $2 million Balmain East knockdown then added a $1,345,000 investment townhouse in the <a href="https://www.urban.com.au/news/52798-steve-smith-takes-shine-to-balmain-investment" target="_blank">Tin Sheds, Beattie Street, Balmain conversion</a>.
He retains his abode as apartment with ocean views in Coogee, which he bought in 2011 for $1.75 million.
He purchased a one bedroom plus study apartment with courtyard in the recently complete Jameson complex in Sans Souci <a href="https://www.urban.com.au/expert-insights/buying/48133-cricket-captain-steve-smith-secures-second-sydney-investment-property" target="_blank">late last year.</a>
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Steve Smith

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