Ex Wallabies and Qld Reds rugby union captain James Horwill is cashing in part of his multimillion-dollar property portfolio, selling a home that can earn him over $64k a year in rent.
Mr Horwill, who saw out his professional rugby career in the United Kingdom three years ago, owns two houses in hot inner city suburbs Red Hill and Paddington.
Both areas have seen significant increases in demand and prices throughout the Covid-19 pandemic, which should see the rugby union great land a strong price for his four bedroom Paddington home.
He had bought the property for $1.1m in March 2011, the same year he captained the Qld Reds to victory in the Super Rugby competition.
Mr Horwill continues to hold on to his Red Hill property, which he’d bought for $750,000 three years into his professional rugby career in 2009. The last time it was listed for rent was five years ago when Mr Horwill was earning $650 a week off it.
Place Paddington agent Tim Douglas has listed the Paddington property as a “charming inner city address” and “fantastic lifestyle choice”.
It is spread across three levels with a large open living space, gourmet kitchen and indoor-outdoor flow to a rear deck and swimming pool area. The home has another semi-formal living area upstairs where the bedrooms are located, a “cinemarette” on a lower level, double lockup garage, large laundry, lush gardens and “lofty ceilings”.
FOLLOW SOPHIE FOSTER ON TWITTER
The post Ex Wallabies captain James Horwill puts millionaire home up for sale appeared first on realestate.com.au.