The Sydney property market has been going bananas for a long time. From FOMO-inspired buyers creating a super cycle of debt to our debate over what constitutes being over-leveraged in today’s climate, it’s a truly trending topic.
Speaking of things as hot as a laptop with a broken fan, F45 founder Rob Deutsch has just listed his Bronte beachside pad for sale.
Deutsch bought the house, which is located in Sydney’s sought-after Eastern Suburbs, for $11.2 million in 2018.
Deutsch founded F45 – a popular fitness chain – in Sydney in 2012. He is reportedly worth $315.
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His three-bedroom Bronte home has a home cinema and cocktail bar, a wine cellar, a flashy garage and an outdoor kitchen and swimming pool.
Deutsch has done a full renovation since buying the place – it’s now got three levels with a 14m front to the beach and dual street access.
The north-facing garden has a mineral pool and a pavilion. It also has a gourmet kitchen and the master suite has a walk-in-wardrobe, ensuite and balcony.
Two other bedrooms have ensuites, studies and sunrooms, realestate.com.au reports.
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The Bronte record sale price is currently $25 million. Deutsch’s home will go up for auction on April the second with a $17.5m price guide.
Deutsch has put the Bronte house on the market once before, in early 2020, but pulled it off after a few weeks.
Realestate.com.au says it was the most viewed home in Sydney’s east on their website at the time and “the agents received two unconditional offers that weren’t accepted.”
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“But it was pulled from the market after just three weeks amid assumptions the market was about to plunge as Covid hit,” realestate.com.au adds.
Instead, Sydney’s property market – particularly in the Eastern Suburbs – has only got hotter. It appears Deutsch is now hoping to cash in on that.
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