Racing royalty Kate Waterhouse has finally off-loaded her apartment in Sydney’s eastern suburbs for $955,000 after two previous auctions failed to find a buyer.
Waterhouse bought the unit as an investment property in 2010 for $525,000 and has been leasing it out for an eye-watering $900 a week.
The 40-year-old socialite originally listed the two-bedroom, one-bathroom Potts Point apartment in January for $900,000, but there were no takers.
It failed to go under the hammer after it was re-listed later in the year, reported The Daily Telegraph on Wednesday.
Situated on the second floor of an apartment block in the heart of famed Sydney night spot Kings Cross, the unit offers a stylish slice of city living.
Features include a private balcony and a spacious open plan design.
There’s also a lavishly appointed bathroom and a modern kitchen with a chic dining ‘booth’.
The unit, meanwhile, is one of only 25 apartments in the block which opened in 1998, and is worth an expected $1050 a week as a rental in the current market.
Racing royalty Kate Waterhouse has finally off-loaded her apartment in Sydney’s eastern suburbs for $955,000 after two previous auctions failed to find a buyer. (Pictured)
Waterhouse bought the unit as an investment property in 2010 for $525,000 and has been leasing it out for an eye-watering $900 a week. (Pictured)
Kate, who is the daughter of horse trainer Gai Waterhouse and bookmaker Robbie Waterhouse, is known for her lavish lifestyle.
Waterhouse and husband Luke Ricketson made headlines in 2020 when they splashed a whopping $17.8million on a mansion on Sydney’s north shore.
Located at sought after Balmoral Beach, the luxurious spread boasts five-bedrooms and amazing water views.
Tom Waterhouse, Kate’s brother, meanwhile, also owns a $13million beachfront house in the same suburb.
The 40-year-old socialite originally listed the two-bedroom, one-bathroom Potts Point apartment in January for $900,000, but there were no takers. Pictured: The balcony
Features include a spacious open plan design
Situated on the second floor of an apartment block in the heart of famed Sydney night spot Kings Cross, the unit offers a stylish slice of city living. (Pictured)
The racing heiress and the former sports star tied the knot in Sicily, Italy on June 28, 2012.
Popsugar reported at the time that Kate wore a Vera Wang dress, and the newlyweds were surrounded by 80 guests on their big day.
The couple share two daughters: Sophia Edie and Grace Gabrie.
Back in January The Wentworth Courier reported that the couple were selling in order to upscale to a larger investment property.
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