High rents in Sydney

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sprintcyclist
Posts: 7007
Joined: Wed May 07, 2008 11:26 pm

High rents in Sydney

Post by sprintcyclist » Sun Apr 15, 2018 8:17 pm

How does this work ??

THERE’S a whiff of desperation from former Australian cricket captain Steve Smith.

The banned skipper, who is unavailable to play international and national cricket after his part in the ball-tampering scandal, initially sought tenants for his vacant contemporary Balmain new-build investment mid-last month.

This week Smith indicated his amplified keenness for some income.

The home initially came without any rental price indication, but is now advertised at $2,500 a week.

But an e-mail from Cobden & Hayson leasing agent Kate Ferrante to those who’d previously inquired suggested the landlord’s desire to get it leased.

“The landlords have advised us to advertise the property with a weekly rental of $2500 and to advise that this can be negotiated,” the e-mail noted.

Smith has been working on the home build for the past couple of years after spending $2 million on a cottage on nearly 200 sqm in 2015.

It was his first purchase on the Balmain peninsula, which was soon followed by a two bedroom townhouse then another knockdown rebuild in Birchgrove.

His total portfolio on the peninsula stands at over $4 million, not including his home in Coogee and another two investments, one in San Souci and the other in Marrickville.

Smith was one of the three banned in the ball tampering scandal which rocked world cricket.

https://www.realestate.com.au/news/stev ... ews.com.au


$2500 a week for rent ?
Who pays that?

Not the tenant
Right Wing is the Natural Progression.

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Bobby
Posts: 18218
Joined: Thu Feb 23, 2017 8:09 pm

Re: High rents in Sydney

Post by Bobby » Sun Apr 15, 2018 10:53 pm

With that kind of money you could pay off a million dollar house quickly.

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Neferti
Posts: 18113
Joined: Wed Jan 12, 2011 3:26 pm

Re: High rents in Sydney

Post by Neferti » Mon Apr 16, 2018 8:04 pm

Sports people (cricket and footy) get paid too much. Back in the day, they did it because they wanted to represent AUSTRALIA.

I don't think the Olympians get much until they "retire" then they become "talking heads" .......

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