Skipper Tim Paine makes profit from spell in Sandy Bay
TIM Paine is currently preparing for the second Ashes Test at Lord’s, but the Test captain has already hit the property market for six with the sale of his Sandy Bay home.
Paine declared his York St innings closed when he sold the four-bedroom home for a profit of around $250,000.
Paine bought the home in November 2016 for $1.26 million and was hoping to reach $1.4 million for the sale.
The property eventually sold for $1,500,000 late last year.
Paine also owns other properties in North Hobart, Spring Beach and sold a house in Blackmans Bay in 2018.
A home for a whole team
Paine and wife Bonnie had lived at the Sandy Bay property for almost two years when it was listed for sale late last year, but have since moved to nearby South Hobart to a home with more space for their growing family.
“We just went for something a bit bigger, now we’ve got a few kids — and might have more,” Paine told the Sunday Tasmanian.
Paine said life had been “hectic” since the birth of the couple’s second child Charlie in September. The couple also have a two year old daughter Milla.
“It’s been busy although I’ve missed most of it, I’ve obviously been away, so Bonnie’s had her hands full,” he said.
He said he would take away fond memories of Sandy Bay.
“It’s been great [living here], it’s great to have people around, it’s a great entertaining area, great to walk down to Sandy Bay Rd so it ticks a lot of boxes that’s for sure,” Paine said.
The 1920s-style property Paine sold has four bedrooms, two bathrooms, a separate dining room and three distinct living areas.
It has retained original features such as the bay windows, open fireplaces and the shallow coffered ceiling in the main lounge.
Yet the property has been modernised on the inside and now has a large open plan kitchen, living and dining area out the back with glass doors that lead to the entertaining deck and the backyard.
The two-storey home has a large master suite upstairs plus a carport and room to park three vehicles.