Ex-NRL star Greg Inglis takes a big hit on unit sale

Ex-NRL star Greg Inglis takes a big hit on unit sale
Real Estate


Greg Inglis has taken a loss on his Queensland investment apartment.

NRL stars spending their earnings in Queensland can often end up with a fiscal injury. Retired player Greg Inglis is the latest to suffer a loss when he offloaded his long-held Bundaberg district investment property.

The Bargara property market has yet to recover from the GFC.

Inglis bought the two-bedroom ocean-facing Manta apartment for $590,000 in 2008, just before the full impact. He has just sold for $465,000, after he was a realist in listing it at $475,000.

Greg Inglis Takes A Loss On Bargara, Queensland Investment

Greg Inglis has taken a loss on his Bargara, Queensland investment.

Inglis has been reshuffling his property portfolio following his retirement from the NRL.

He recently sold his Coogee semi for $2.475 million through McGrath agent Marnie Seinor, having paid $1.11 million in 2012.

Inglis and his estranged wife Sally Robinson recently spent $920,000 on a resort-style home in Shorncliffe, a coastal suburb northeast of Brisbane.

Greg Inglis - Presser

Retired NRL player Greg Inglis. Picture: Brett Costello

Elsewhere in Queensland, former NRL superstar Bryan Fletcher, who played for the Roosters and Rabbitohs, has sold his Gold Coast investment for $450,000 — not much more than his entry price. Situated 230m from Burleigh Heads beach, the two bedroom apartment had been bought off the plan in 2003 for $435,000.

Brisbane Bronco James Segeyaro is selling his Cairns property, which has been a $530-a-week rental after he paid $560,000 in 2016.

LEGEND

Singer Jason Donovan, who soon returns briefly to Australia to appear in the musical Chicago, has given his longtime Bondi Beach bolthole a $2,295,000 asking price.

FOR SWITCHED ON USE ONLY UNTIL FEB 5, 2014. Jason Donovan Picture: Channel   2 ( Abc)

Jason Donovan is selling his Bondi Beach apartment.

Listing agent Hannan Bouskilaat Raine & Horne placed a $2.25 million vendor bid for Donovan, who was on the phone from London, during a mid-week auction but his potential buyers refrained from placing any formal bids.

Jason Donovan Selling Bondi Beach Apartment

Jason Donovan is selling his Campbell Pde, Bondi Beach apartment.

The former Neighbours star bought the apartment in The Empire, Campbell Pde for $451,000 in 1994. Two of its three bedrooms have beach views.

LOOSE LIPS

Expat Herbert Smith Greenhills law firm chief executive Mark Rigottiand wife Mary have bought back in Sydney, emerging as the $4.1 million buyers of Cove House on Pittwater, in Clareville.

Mark Rigotti

Global law firm Herbert Smith Freehills CEO Mark Rigotti. Picture: Hollie Adams

Set on 1845sqm on the Hudson Pde dress circle, the masterbuilt trophy home has four bedrooms, including a separate guest wing.

The living spaces open to the grounds which have direct access to a private beach.

Mark Rigotti And Wife Buy At Clareville

The Clareville home opens onto a private beach.

LJ Hooker Avalon agents David Watsonand Andrew Mappinsecured the sale.

Mark Rigotti And Wife Buy At Clareville

The Clareville home was bought for $4.1 million

Now living in Wimbledon, London, the Rigottis are expected back in Sydney next year.

LUCKED IN

Former NSW Waratahs scrum-half Nick Phipps is offloading his Cremorne investment, having moved to the UK to play for London Irish.

Phipps paid $590,000 for the two-bedroom unit in 2012.

Nick Phipps Is In Cremorne

Former Waratah Nick Phipps is selling his Cremorne investment apartment.

Ray White Lower North Shore agents Lewis Adamsand Mary-Jane Hamerhave a $900,000 guide for its November 28 auction.

Phipps and his partner, Macquarie banker Ebony Bamford, called Queens Park home, after paying $2,105,000 for an 1890s terrace two years ago.

Nick Phipps and Finance Emily

Nick Phipps and partner Ebony Bamford. Picture: Adam Yip

Last year they spent $1.7 million on the adjoining terrace. Both are now leased.



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