Australian captain Steve Smith seeks Balmain tenants
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 contemporary apartment 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.
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 & 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.
