Cricketer David Warner sells Maroubra first home at 4.8% yield
Test cricketer David Warner has secured $650,000 for the two bedroom Maroubra apartment which he purchased as a first home buyer in late 2009 for $562,000.
Warner now lives at a $6.25 million clifftop South Coogee house with fiancée Candice Falzon which was bought earlier this year from the property developer and former Secret Millionaire Carly Crutchfield.
The top floor 1950s Bentleigh block apartment has been most recently leased with a $600 a week asking rent, reflecting a 4.8% yield. It was initially available around early 2012 with its asking rent at around $560 a week.
The Maroubra Road apartment sold ahead of its October 27 Newhouse Power auction.
After breaking onto the international cricket scene in the 2008/09 season with a series of explosive hitting performances, Warner is now a key member of the Test team, currently touring the United Arab Emirates in matches against Pakistan, batting on with stomach illness this week.
Their new home is a three level home commanding 180 degree views across the Pacific Ocean to Bondi.
David Warner secured $1.88 million when his Little Bay home sold before the upgrade.
The batsman had purchased the property for $1.75 million in 2012.
