Disaster for Ian Thorpe as he takes a second huge hit in real estate deal - see how much he is out of pocket on his flash Sydney home Lavish Sydney townhouse on market for $3million Aussie swimming legend has extensively renovated Was listed for $3.7million in September 2023, no buyers By Andrew Prentice And Jimmy Briggs For Daily Mail Australia Published: 01:33 EDT, 29 October 2024 | Updated: 01:33 EDT, 29 October 2024 e-mail 44 shares View comments Ian Thorpe has taken another hit as he looks to offload his luxury townhouse in Sydney 's ritzy east - and the Aussie Olympic legend could end up almost $1million out of pocket. The development comes ahead of the November 7 auction - with the asking price now $3million.
As recently as October 9 this year, the home in the upmarket suburb of Woollahra was on the market for a jaw-dropping $3.5million with Ray White Double Bay. The Olympic gold medallist, 41, purchased the exquisite four-bedroom, three-bathroom townhouse in December of 2017 for $2.
75million. He previously listed it on the market for $3.7million in September last year, but failed to find a buyer at that price - and he also made a $3.
95million vendor bid on the property in September last year in a good guide to what he hoped it would sell for. The exquisite two-storey property sits on 250 square metres and features spacious rooms, an outdoor swimming pool and a breathtaking outdoor tropical garden. Thorpe has done extensive renovation work to the property, which also f.