Wallabies fixing iron-clad fallback plans post RWC2019
One of the most exciting Wallabies at the Rugby World Cup — outgoing Reds captain Samu Kerevi — has a few loose ends to tie up before he leaves our shores for real.
He put $650,000 into Everton Park in Brisbane’s northside three years ago for a new-build townhouse on South Pine Rd. It was a 219sq m plot, with funds handed over last November.
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It’s unclear what the star plans to do with the property when he takes up a Japanese club contract over the coming four years.
But with his new Japanese contract believed to be worth over $1m a year, he’s certainly under no pressure to sell right now.
Similar townhouses in the development which were rented out, were marketed as being “centrally located to transport and shops” with “fantastic outdoor area to relax and catch up with friends”.
He might learn a few lessons from fellow Wallaby, Will Genia, who dabbled in the property market during his time with the Queensland Reds too — once losing $70,000 on the quick sale of a house in Belmont 12 kilometres from the Brisbane CBD.
Genia left the Reds in 2015 for a two-year contract with Stade Francais before joining Japanese side Kintetsu Liners this year and — possibly learning from the earlier loss on the rushed sale — he decided not to sell two houses he still owns here.
One — a quaint three bedder in Coorparoo — Genia paid $815,000 for in January 2018 — and the other is a sprawling Carindale four bedder he bought for $1.1m seven years ago.
The Wallabies first game in Rugby World Cup 2019 was on October 21, with the side set to face Wales this Sunday. The RWC2019 tournament runs until November 2.
* Foxtel has a dedicated channel for the Rugby World Cup 2019 in 4K ultra HD.
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