Cricket luminary David Warner and his spouse Candice are streamlining their real estate holdings, putting their Maroubra apartment on the market with an expected price between $1.2 and $1.3 million. This strategic sale occurs shortly after their much-anticipated move into their opulent $4 million Lurline Bay oceanfront residence. The couple spent half a decade meticulously renovating the mansion, which they acquired in 2015. Their decision to sell the apartment, initially bought for $975,000 in 2017, underscores a significant upgrade in their living situation and is poised to yield a considerable financial gain.
The Maroubra Apartment Sale: A Profitable Venture
David and Candice Warner are making strategic moves in the property market, listing their Maroubra apartment with an attractive price guide of $1.2 to $1.3 million. This two-bedroom residence, acquired in 2017 for $975,000, is set to deliver a substantial return on investment for the cricketing power couple. The apartment's appeal is enhanced by its prime location, offering serene ocean views across the Malabar Headland and uninterrupted bushland vistas. Recent renovations have modernized the interior, featuring updated kitchen and bathroom facilities, new flooring, a fresh coat of paint, and contemporary blinds. These enhancements contribute to an atmosphere of abundant natural light, making the property highly desirable for prospective buyers. The layout includes two bedrooms with integrated wardrobes, an expansive L-shaped living and dining area, and a secure lock-up garage, catering to both comfort and convenience. The sale marks a significant step in the Warners' property portfolio management, allowing them to consolidate their assets while enjoying their newly established family home.
The decision to sell their Maroubra apartment is a well-timed financial move for David and Candice Warner, as they anticipate a healthy profit from its sale. The property, purchased for $975,000 in 2017, is now listed with a price guide of $1.2 to $1.3 million, reflecting the appreciation in its value and the couple's strategic renovations. This two-bedroom flat is distinguished by its stunning natural surroundings, boasting panoramic ocean views over the Malabar Headland and a tranquil bushland outlook. The interior has recently undergone a comprehensive modernization, ensuring it meets contemporary standards of comfort and style. Updates include a fully renovated bathroom and kitchen, brand-new flooring, a fresh paint scheme, and stylish new blinds, all contributing to an inviting and luminous living space. Key features of the apartment include two generously sized bedrooms, each fitted with built-in wardrobes, an expansive L-shaped area perfect for living and dining, and the added convenience of a lock-up garage. These attributes combine to create a highly attractive offering in the competitive Maroubra real estate market, positioning the Warners for a successful and profitable transaction as they transition into their new, larger residence.
Transition to the Lurline Bay Mansion: A Long-Awaited Home
The Warners' decision to sell their Maroubra apartment is closely tied to their recent move into their grand Lurline Bay oceanfront mansion, a property that has been a long-term project. After purchasing the home for $3.9 million in late 2015, the couple embarked on an extensive renovation journey that spanned six years, finally settling into their dream home in 2022. This four-bedroom, two-bathroom property underwent significant transformations, with estimates suggesting millions were invested in its refurbishment. The extensive construction process, which commenced in 2017, initially projected a two-year timeline but extended considerably, leading to some neighborhood concerns regarding noise and access. Despite these challenges, the Warners now enjoy a luxurious residence that includes a self-contained guest apartment with its own entrance on the lower level, marking a significant upgrade in their living arrangements and concluding a prolonged period of development.
The relocation into their Lurline Bay mansion signifies the culmination of a significant personal and financial investment for David and Candice Warner. Acquired for $3.9 million in late 2015, the property underwent a complete overhaul, with the original structure demolished to make way for their bespoke oceanfront residence. The renovation, which began in 2017, was initially slated for completion within two years but ultimately stretched to six, culminating in their move-in during 2022. This extended timeline and the scale of the project, estimated to have cost millions, occasionally drew attention from neighbors due to construction noise and temporary disruptions to street access and parking. However, the finished product is a testament to their vision: a sprawling four-bedroom, two-bathroom home that also features a private, self-contained guest apartment on the ground floor, complete with its own entry. This new residence represents a substantial upgrade from their previous dwellings, including an interim Maroubra home purchased in 2017, and marks a new chapter in the Warners' family life, solidifying their presence in one of Sydney's most sought-after coastal locales.
