Jockey Brenton Avdulla settles on Little Bay apartment investment
The Sydney premiership winning jockey Brenton Avdulla has settled his off the plan investment apartment acquisition in Little Bay's latest development.
Having paid $720,000 on the launch of the Illume complex in 2015, the Melbourne-born jockey has quickly found a tenant on its recent completion.
Avdulla's leased the two bedroom unit at $750 a week, reflecting a strong 5.5% yield.
The apartment spans 100 square metres with wrap around balcony has views across Little Bay to the water.
It is in the same complex where three of the Rabbitoh Burgess brothers, Luke Sam and Tom also bought off the plan apartments.
Returning from a successful stint in Japan, the 27 year old Avdulla has had his best year in the saddle to date, being one of the youngest jockey's to get to 1000 career wins.
Avdulla recently sold his four bedroom Zetland home for $2.01 million after paying $1.85 million two years ago.
The three storey home with split level design home was among a handful of terraces in the award-winning ARC development designed by Tonkin Zulaikha Greer in 2003.
Joe Recep and Martin Farah at NG Farah Coogee sold the property.
He retains a townhouse in Pagewood where he paid $1,788,000 for a three storey townhouse on the former Electrolux manufacturing plant estate.
Avdulla's first Sydney purchase, when he was in his late teens, was near the track. His one bedroom Kensington apartment, cost $445,000.
The star jockey will be a shoo-in for a ride in the Everest next month.
Last year he rode star sprinter Chataqua to fourth place.
This article first appeared in The Daily Telegraph.
