Speculation that Shane Warne seeks to flip his Brighton home

Speculation that Shane Warne seeks to flip his Brighton home
Staff reporterJuly 21, 2019

Cricketer Shane Warne is selling a Brighton home he only bought last March, The Herald Sun has reported.

It is speculated Warne is seeking about $8 million.

The Newbay Crescent contemporary double-storey home with a home theatre, pool and spa, was bought from private investigator Anthony Thompson for $5.4 million before its modernisation.

It was previously owned by the Essendon champion Matthew Lloyd, for nine years until 2015.

Warne is a frequent player on Brighton's property scene, and he's made a handsome profit playing the game.

He's owned the trophy home Melville twice.

He first bought it for $3.6 million in 2000, spending around the same amount on renovations and selling for $8.8 million in 2007.

He then bought the property back in 2016, paying $14.2 million, only to sell it 20 months later, with no extras, for $18,888,888.

That was the biggest play in Warne's long history of flipping in Brighton

Fairfax Media prepped a timeline of his flipping on his purchase last year.

1996: The beachfront home at 102 Esplanade is bought by Warne for $902,000.

2000: After renovations, 102 Esplanade fetches $2.61 million.

2000: Warne and Simone Callahan pay $3.6 million for a circa-1880 Victorian residence at 32 Middle Crescent, and reportedly spend a similar sum in renovations. 

2007: The couple sell the Middle Crescent mansion for $8.8 million.

2007: For $3.7 million, Warne scoops up the five-bedroom house at 16 Park Street.

2009: The Park Street property sells for $6,775,000.

2009: Warne forks out $7.55 million on heritage-listed residence at 6 William Street, which he goes on to share with Elizabeth Hurley after he splits with Callahan.

2013:The William Street mansion sells for $10.85 million.

2014: Warne spends $3.95 million on mini-manor at 11 Kinane Street.

2016: In a move that made headlines, Warne buys back 32 Middle Crescent for $14.25 million.

2016: 11 Kinane Street sells for $5.35 million.

2018: Warne offloads 32 Middle Crescent for about $20 million.

2018: Warne buys a nearby property for about $5.5 million.

 

 

 

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