Aussie basketball legend Andrew Bogut has scored himself a new luxury $15m waterfront palace in a rather controversial part of Sydney.
NBA legend Andrew Bogut and his wife Jessica have spent $14.8m on a coastal South Coogee trophy home.
The four-storey home, with lift, had been on and off the market since September last year before selling through local agent Josh Ellison.
It had been initially listed with other agents with an overly ambitious $18m guide.
It is just along from the controversial $16.85m home of Finder co-founder Fred Schebesta, who has reportedly agreed to suspend corporate parties at his so-called Crypto Castle home after neighbourhood complaints.
MORE: Hemsworths eye Aus ‘billionaire playground’ amid surprise sale
Andrew Bogut and his wife Jessica have bought at South Coogee. Picture: realestate.com.au
The house is centred around an internal courtyard. Picture: realestate.com.au
MORE: Wilkinson, Fitzsimons settle on $15m ‘castle’
The Boguts’ six-bedroom, seven-bathroom residence is wrapped in a series of oceanfront terraces. There are high ceilings for the 213cm (seven-foot) champion.
The house is centred around an internal courtyard with a pond on its 835sq m double block.
It features an outdoor kitchen with pizza oven, infinity edge pool and sauna. It also boasts a self-contained apartment.
The recent Bogut cash settlement comes on the heels of the couple’s move to Sydney, where the NBA Hall of Famer has taken up an NBL assistant coaching role at the Kings.
“Being away from the game for five years, the itch to get back on the court was growing stronger with time,” Bogut said in pre-season.
MORE: Massive tax-free empires of F1 stars exposed
$300m gone: James Packer reveals great Aussie fear
‘Hated it’: Buddy Franklin’s new home after sad Sydney farewell
The six-bedroom, seven-bathroom residence is wrapped in a series of oceanfront terraces. Picture: realestate.com.au
It features an outdoor kitchen with pizza oven, infinity edge pool and sauna. Picture: realestate.com.au
MORE: Australia’s richest streets revealed
Their move was preceded by several property sales, including $4m sale at Zara Springs in the NSW Tweed, where they sold a rural estate with a manuka honey plantation. It was at the same price they paid in 2023.
The couple have also sold their six-bedroom, five-bathroom Jared Poole-designed Mudgeeraba property through the Kollosche agency, having paid $6.45m in 2021, with the price yet to emerge on settlement records. It had a newly-built half-size basketball court with fencing and lighting.
Kings assistant coach Andrew Bogut. Picture: Mark Metcalfe/Getty Images
The Boguts’ Currumbin house, also in South East Queensland, secured $7.13m in June.
The Paul Uhlmann-designed home overlooking the estuary had cost $4.45m in 2021.
They have yet to sell their Canungra property for its desired $2.5m-plus.
Bogut, 41, holds a 10 per cent stake in the Sydney Kings, who have won eight of their 15 games so far this season, sitting fourth.
Raised in Melbourne’s outer southeast, Bogut is one of Australia’s most decorated basketballers since being the top pick in the 2005 NBA draft when selected by the Milwaukee Bucks.
CLEVELAND, OH – JUNE 16: Andrew Bogut #12 of the Golden State Warriors poses for a portrait with the Larry O’Brien trophy after defeating the Cleveland Cavaliers in Game Six of the 2015 NBA Finals on June 16, 2015 at Quicken Loans Arena in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2015 NBAE (Photo by Jesse D. Garrabrant/NBAE via Getty Images)
It was in 2021, having announced his playing days were over at the Kings, that the couple departed Sydney, and their inner-west Concord abode for their tree and sea-change.
The Concord house, with high ceilings, sold in 2021 for $4.1m.
They had bought the six-bedroom brick bungalow with extension in 2018 for $3.5m when he signed a two-year deal to play for the Kings.
MORE: Where home prices are falling defying Aussie boom
English (US) · 