Cricket great and prolific property flipper Shane Warne is taking his grand Brighton residence to auction next month, lowering his price hopes after an earlier attempt at a sale pre-COVID.
The stunning Newbay Crescent home was earlier listed in mid-March, just as the world began to shut down to curb the coronavirus outbreak, with a price guide of $6.8 million to $7.4 million.
But well-heeled buyers could see an opportunity, as the former Australian one-day cricket captain is now asking only $5.8 million to $6.38 million.
Set on 662 square metres of land in the sought-after bayside suburb, the house features five bedrooms, 5.5 bathrooms and a four-car garage.
An entertainer’s dream, it boasts a pool and spa, a nightclub-quality bar, home theatre and wine-tasting room with space for 530 bottles.
The kitchen includes Miele appliances and Calacatta benches and there is an al fresco entertaining area past the open plan living/dining space.
Warne paid $5.4 million for the spread in early 2018, public records show.
He announced the listing on social media, tweeting, “Yes we are selling our family home … Sad but I know this amazing house will make a family very happy and they will create their own amazing memories!”
JP Dixon’s Jonathan Dixon has the listing and was contacted for comment.
The home will go to auction on Saturday, December 5.
Warne has been a busy property trader and his purchase of the home came soon after he offloaded an expansive near-$19 million block on the suburb’s sought-after Middle Crescent in another savvy deal.
It was a property so nice he owned it twice, dropping $3.6 million on the home in 2000 with ex-wife Simone Callahan and reportedly spending a similar sum in renovations before selling it for $8.8 million in 2007.
He bought it back for $14,249,999 in 2016, before selling again for $18,888,888.
Other addresses he has owned include a house at 16 Park Street, bought for $3.7 million in 2007 and sold for $6,775,000 in 2009, and 6 William Street – shared with actor Elizabeth Hurley after his separation from Callahan – bought for $7.55 million in 2009 and sold for $10.85 million in 2013.
Warne is rumoured to have bought into the new high-end Saint Moritz development in St Kilda, although details will not become public until settlement.