Be real quick! Will be sold etc.
The Irish soccer legend George Best put it best, I think, when he said, “I spent a lot of money on booze, birds, and fast cars. The rest I just squandered.”
Mick Fanning, who won world titles in 2007, 2009 and 2013 before retiring in 2018 after seventeen years on tour, has pissed away his millions on real estate and various business plays, including Balter Beer which sold one year ago for a rumoured two-hundred mill.
Now, Mick, who turns forty in June, is selling one of the three apartment blocks he owns on Boundary Street, Coolangatta, the strip that divides Coolangatta, in Queensland, and Tweed Heads, in NSW, and footsteps from Snapper Rocks’ Supabank.
Mick bought the joint at 213 Boundary Street, Coolangatta, for $3.1 million in 2007 and turned the old red-brick fifties build into something a little easier on potential buyers’ eyes with soothing vanilla interiors, black faucets, wooden flooring and with breeze-block walls enclosing patios.
The agent calls it a “luxurious homestead.”
There are two three-bedroom apartments, each with its own studio or granny flat, two garages, and the building squats on five-thousand square feet.
The selling agent says y’can rent the big apartments out for eight hundred dollars a week and you’ll get five hundred for the tiny joints underneath ‘em.
There’s a fever for real estate on the Gold Coast at the moment, a frenzy bigger than bitcoin or Tesla, with even shitty old houses on streets famous for their cavalcades of human detritus selling for millions. Gonna be sold real quick.
Mick also owns the building next door, which he bought for 2005 for $1.39 million and another two doors down, bought for $1.2 million in 2006.