Swimwear queen’s big $17m sell off
Swimwear influencer Natasha Oakley and husband Theo Chambers are selling off their expansive property portfolio to fund the purchase of a $17m dream home.
Swimwear influencer Natasha Oakley has listed her Santa Monica, California, condominium for $US1.9m ($3.021m) to help fund her property upgrade in Sydney with mortgage-broker husband Theo Chambers.
“So bittersweet to be selling my Santa Monica investment property in light of Theo and I buying and renovating our dream home together,” Oakley posted on Instagram after listing through Sotheby’s International.
The online fashion, fitness and beauty content entrepreneur, who has 3.5 million followers, bought the condo for $US1.77m ($2.81m) in early 2019.
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Meanwhile, the first open for inspection of Chambers’ redundant Paddington cottage was a busy midweek affair ahead of its November 11 auction.
Several buyers agents were spotted and even one or two inspectees – who looked like Oakley’s social media fans – were snapping away. Chambers paid $5.4m in 2017 for the four-bedroom, four-bathroom Paddington St cottage.
Seeking $8m-plus hopes, PPD’s Alexander Phillips says the 239 sqm holding sits on the best street in Paddington with 7m frontage.
According to PropTrack, the median house prices in Paddington, NSW is $3m. That’s down 5.1 per cent over the past 12 months.
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The couple, who married in Capri this year, are off to a 1950s villa in Bellevue Hill, paying $17m last month for their six-bedroom home with Commonwealth Bank financing.
The Bunyula Rd home came with approval for a $1.29m renovation that had recently been secured by its previous owners Laura and James Hannan. The Weir Phillips Architects’ renovation plans, which were approved with Wyer & Co landscaping design, are now under way.
Oakley lived in Miami as a young girl for two years with her family.
The entrepreneur launched her own swim brand, Monday Swimwear, in 2014, with business partner and BFF Devin Brugman.
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Originally published as Swimwear queen’s big $17m sell off