Retired Wallaby Phil Waugh sells Waverley unit
Retired Wallaby Phil Waugh has sold his Waverley investment apartment for $950,000.
The top floor, 1930s apartment on Bronte Road cost Waugh $335,000 in 2001.
It had been a $500 a week rental back in 2010, with no subsequent rental updates provided by the agent.
The unit in a block of 12 apartment has two bedrooms and one bathroom.
It had been freshly painted.
Waugh, an open side flanker, racked up 79 Test matches for the Wallabies and 124 matches for the Waratah's over his 12 year career.
Showing he retains his passion for property sales, Adrian Bo, a McGrath 22 year veteran sold the small investment unit. It had been widely canvassed Bo could head into the estate agency's executive ranks having gained an MBA in 2014, but the right opportunity has not opened up despite the upheaval at McGrath.
The listing of his own Randwick home through the highflying eastern suburbs agent, Gavin Rubenstein at rival firm Ray White caused raised eyebrows recently.
It was explained by Bo away as nothing more than resolving potential conflict of interest.
He told The Australian that he had three listings within a 100 metre radius of his place and it 'just didn't feel appropriate.'
No one in the McGrath Group was enlisted to sell the Bo house as a conjunctional agent.
Bo said he had a great experience with Rubinstein when the Ray White agent sold him his new home, a $5.2 million Vaucluse four-bedder.
His Randwick home sold within four weeks of listing with a $3.2 million to $3.4 million price guide.
Three nearby listings on Canberra, Oberon and King street have all been sold by Bo recently, with Bo having three currently for sale.