Home & Property
Tennis star Lleyton Hewitt has managed to offload one of his Australian properties, pocketing about $NZ2.75 million for his former Adelaide home.
That just leaves the Palm Beach, Sydney retreat of Hewitt and his wife Bec, which the couple listed for sale earlier this year for more than $6 million.
The sale was a long time coming for the Bahamas-based couple, who originally listed the redundant lakeside property in Adelaide's West Lakes with hopes of more than $3.3 million six years ago.
Hewitt's purchase of the property set a local record when he bought it in 2003 for $3.5 million.
"He overpaid for the property at the time and the Adelaide market is now improving, but it is yet to return to its peak of 2008," said Steve von der Borch, of Harcourts Aqua.
"In fact, we had an offer not long after it was first listed in the high $2 million range, but it was too soon and the vendors weren't ready so they decided to hold out and see if they could get their money back."
The contemporary residence with the dramatic marble foyer with the glass roof was listed on the quiet for most of the campaign and only opened for inspections and marketed online 10 weeks ago.
"Once we started opening it for inspections and being able to show it off seriously to buyers the interested parties all appeared," said Mr von der Borch.
Shortly after Hewitt bought the property in 2003, his engagement to Belgian tennis player Kim Clijsters was announced.
The couple broke up in 2004, and Hewitt soon moved to Sydney where he met and married Home & Away actor Bec Hewitt the following year.
Two weeks before the couple's July wedding, they bought a Palm Beach house for $4.4 million. Two offers have been made on the Palm Beach residence through Raine & Horne Palm Beach's Glenn Lee, but Mr Lee's office says the Hewitts are holding out for more than $5.5 million.
The couple also own acreage at Kenthurst, for which they paid $3 million in 2006, and which remains the couple's Australian base.
The Hewitts, now parents to three kids, have since relocated to the Bahamas, buying a house in Nassau in 2009 for $3.8 million.
- Sydney Morning Herald
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