Swimming legend Ian Thorpe is staring down the face of a huge disappointment that could cost him around $1m.
The repricing of swimming legend Ian Thorpe’s Woollahra townhouse continues ahead of its November 7 auction.
The initial $3.5 million Ray White guidance for the three-level townhouse was dropped to $3 million in midweek.
Thorpe, who was in the Channel 9 broadcast team at the Paris Olympics, placed a $3.95 million vendor bid at its auction in September last year.
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Thorpe has owned the home for seven years.
The townhouse was bought in 2017 for $2.75 million.
“Tucked away in the exclusive enclave of Woollahra’s prestigious Ocean Street, this luxurious townhouse occupies the quiet rear of a stately converted Colonial manor,” reads the listing for the Ocean St home.
“Part of an intimate collection of only six residences, this home offers a tranquil retreat with north facing terraces and easy access to tropical gardens, a pool and spa.
“Refurbished by renowned designers Ridgway Sassella, it exudes elegance and modern luxury across approx. 250 sqm of indoor/outdoor living space.
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One of the four bedrooms.
‘A tranquil retreat’.
‘Modern luxury.’
Ian Thorpe of in his heyday.
High ceilings, open plan living and dining areas and bi-fold doors to the terrace create a sophisticated yet comfortable atmosphere.
“The kitchen is fitted with premium Miele appliances, while the impeccable main bedroom boasts a stunning ensuite.
“A flexible second living space on the upper level opens to a sunlit terrace, offering additional space for relaxation or entertaining.
“Located just moments from Centennial Parklands, Queen Street’s boutiques and Woollahra’s cafes, this home delivers an unrivalled lifestyle.”
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