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Supermodel Emma Balfour sells her Sydney warehouse property for $2M, four times what she paid for it

On the money! Supermodel Emma Balfour, 49, sells her two storey Sydney warehouse investment property for $2M… four times what she paid for it

Australian supermodel Emma Balfour has sold her two-storey Sydney warehouse investment property for a cool $2.075million.

The 49-year-old purchased the investment property, located in the inner-city suburb of Alexandria, in 1999 for $500,000, meaning she has quadrupled her money in the 20 years since.

Balfour, who is married to her teenage sweetheart, photographer Andrew Cowen, plans to use the wheelbarrow of cash to renovate their Bondi Beach Californian bungalow she bought in 1998 for $642,500.

Ker-ching! Supermodel Emma Balfour (pictured in her younger modelling days), 49, recently sold her two storey Sydney warehouse investment property, in the inner-city suburb of Alexandria, for $2M… four times what she paid for it

‘I had a pretty bad fall from my horse about a month ago and it triggered that feeling of, If not now, when?’ the model told Domain.com.au on Thursday.

She continued: ‘Things like that make you re-evaluate what’s important and also remind you that you’re not getting any younger.’

The well-worn exterior of the Henderson Road warehouse is characterised by white-painted wood and black double doors.

Money spinner: The 49-year-old purchased the investment property, located in the inner-city suburb of Alexandria, in 1999 for $500,000, meaning she has quadrupled her money in the 20 years since

Money spinner: The 49-year-old purchased the investment property, located in the inner-city suburb of Alexandria, in 1999 for $500,000, meaning she has quadrupled her money in the 20 years since 

Cute space: The well-worn exterior of the Henderson Road warehouse is characterised by white-painted wood and black double doors

Cute space: The well-worn exterior of the Henderson Road warehouse is characterised by white-painted wood and black double doors

Inside, the large, white open-plan space boasts high ceilings, dark-wood floorboards and picture windows which flood the home with sunlight. 

A nondescript staircase leads up to the second floor, which is lit by two skylights.

Balfour, who is mum to sons Bruno, 19, and Elliot, 14, with husband Andrew, found success as a ‘waifish’ model in London in the 1990s.

Spacious: Inside, the large, white open-plan space boasts high ceilings, dark-wood floorboards and picture windows which flood the home with sunlight

Spacious: Inside, the large, white open-plan space boasts high ceilings, dark-wood floorboards and picture windows which flood the home with sunlight

On the up and up: A nondescript staircase leads up to the second floor, which is lit by two skylights

On the up and up: A nondescript staircase leads up to the second floor, which is lit by two skylights

She turned her back on her international modelling career at the end of that decade, choosing instead to return to Sydney.

Ten years later she told the Sydney Morning Herald: ‘I’d started at 17 and it wasn’t a normal life.

‘You don’t do what normal people do, so your emotional self is completely retarded.’ 

Reno refresh: Balfour, who is married to her teenage sweetheart, photographer Andrew Cowen, plans to use the wheelbarrow of cash to renovate their Bondi Beach Californian bungalow she bought in 1998 for $642,500

Reno refresh: Balfour, who is married to her teenage sweetheart, photographer Andrew Cowen, plans to use the wheelbarrow of cash to renovate their Bondi Beach Californian bungalow she bought in 1998 for $642,500

Emma (far right) turned her back on her international modelling career at the end of that decade, choosing instead to return to Sydney. Ten years later she told the Sydney Morning Herald : 'I'd started at 17 and it wasn't a normal life. 'You don't do what normal people do, so your emotional self is completely retarded'

Emma (far right) turned her back on her international modelling career at the end of that decade, choosing instead to return to Sydney. Ten years later she told the Sydney Morning Herald : ‘I’d started at 17 and it wasn’t a normal life. ‘You don’t do what normal people do, so your emotional self is completely retarded’

Home and hosed: Emma, who lives in Sydney's Bondi Beach, is successful in real estate investment

Home and hosed: Emma, who lives in Sydney’s Bondi Beach, is successful in real estate investment

Read more at DailyMail.co.uk


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