Stab Magazine | Sally Fitzgibbons Buys Into $1 Billion High Rise In Surfer’s Paradise
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Sally Fitzgibbons Buys Into $1 Billion High Rise In Surfer’s Paradise

25 years young and making million-dollar-plus home investments. 

news // Jul 19, 2016
Words by stab
Reading Time: 2 minutes

Although no surfer will ever plaster the pages of Forbe’s Top Paid Athletes list, pro surfers aren’t exactly living beneath the poverty line these days. And, Sally’s cue’d into the golden life of affluence–to which, we applaud.

Ms Fitzgibbons, at 25 years old, has just bought into the one billion dollar Jewel high-rise development bordering the beach at Surfer’s Paradise. It’s shiny, gilded, developed by the Chinese and loaded with commas and zeros. The going rate for a two bedroom pad at the Jewel is a cushy $1.5 mil.

According to The Gold Coast Bulletin: She is paying an undisclosed sum for a tower one pad which she is calling her “second home”. Sally is investing in the Gold Coast’s soaring skyline, making a million-dollar-plus property play.

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The glistening towers of the Jewel, and Sally’s future “second home.”

How does the current world number five–who’s pulled in $967,250 in career WSL earnings–have the cash flow to drop at least a mil into a “second home”? In November last year, following her engagement to NRL star Trent Merrin, she sold her South Coast home for $1.1 million, doubling her initial 2009 investment of $515,000. Between that, the man on her arm being one of the highest earning NRL players–$750K a season–her book, Live Like Sally which launched late in 2014, endorsements and tour winnings ($204,250 to date this season), the lovely lady’s doing more than fine for her mid-twenties. She also has plans to launch a Train Like Sally fitness app in October.

According the Gold Coast Bulletin: Jewel director of sales and marketing Lucas Wilson said the Chinese developers were also partnering with Fitzgibbons to create a new surf contest, the International Women’s Surf Classic in Sydney in November.

The high rise, once completed in early 2019 will consist of 512 residential apartments, a 169-suite five-star hotel, three parking levels and retail and dining precincts.

 

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