Jen Hawkins sells her first investment property at Merewether

Former Miss Universe Jen Hawkins has found a buyer pre-auction for her Merewether investment, the first property she ever bought.

Hawkins bought the home for $469,000 in 2006, the year before she signed a deal with Myer worth $4 million.

The home initially went up with $790,000 to $860,000 price guidance, but that was later amended in marketing to $750,000.

McGrath Merewether agent Simon Wall four the buyer for the district home.

Set on 320 sqm, the freestanding home has three bedrooms, two bathrooms and a top level master suite.

There's now just a three bedroom Minmi investment property left in the Hawkins portfolio, which has featured homes in Curl Curl and Coogee, as well as an apartment in Bondi.

She paid $345,000 for the home near Newcastle in 2008.

Hawkins is settled in her new Pittwater home she built with her builder husband Jake Wall.

The couple had paid $4 million for the adjoining land parcels in 2014, then lodged construction applications worth another $2 million a year later.

It outlined the four level, five bedroom home, designed by architect Koichi Takada.

A sunken lounge on a lower level is virtually on the foreshore. The swimming pool alone was pegged at $200,000.

There's a home theatre and office in the home thats planted in garden planted by the Secret Gardens company on the bushland 3,261 sqm block.

The couple have always been keen property builders.

They wed in Bali in 2013, but made sure they submitted approval for $900,000 of new works on their former Curl Curl project before they set off.