Sunrise co-host records major windfall from apartment sale
Sunrise co-host Edwina Bartholomew and her husband, journalist turned hotelier Neil Varcoe, have sold their recently refreshed apartment in Woollahra’s Art Deco Coreen building.
The pair are banking a major windfall for 9/5 Ocean Street, which collected $1.57 million after being listed late last month with a c$1.35m guide.
Ms Bartholomew paid $660,000 in late 2009; on the top floor of the three level complex with nine dwellings, it contains a separate living and dining space, two bedrooms, one with a balcony, the other, a study and ground floor storage unit with the potential to be fit out as a home office or gym.
With a new bathroom and recently upgraded kitchen, it could return $900-$1000 per week as an investment, TRG marketing agent Mark Lowe said.
Woollahra is five kilometres east of Sydney’s CBD.
Ms Bartholomew married Mr Varcoe in 2018.
Proceeds tipped for farm reno
Ms Bartholomew lived at the Coreen unit until 2016 – an upsize to Dulwich Hill, in the inner-west.
Two years ago the pair, who married in 2018, sold that dwelling after a renovation for c$2.6m and bought Saltash Farm, at Carcoar, 51 km south of Barthurst, for $1m.
Balance proceeds from that deal as well as profits from 9/5 Ocean St are expected to be being tipped into a renovation of that hotel and accommodation project.
The couple also own a c1890s sandstone estate, Warramba at Capertee Valley, north east of Bathurst, also operated as tourist accommodation.
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