Jennifer Hawkins earns a tidy profit as she sells her Newcastle investment home for $840,000 after purchasing it for $345,000
PHOTOS: Jennifer Hawkins and Jake Wall demolish Whale Beach property
Jennifer Hawkins is in the process of selling one of the last properties in her once extensive investment portfolio.
The Lake Macquarie district investment is a charming three-bedroom home in Minmi, about 20km from Newcastle's centre, and is expected to fetch between $800,000 to $880,000.
Hawkins, 40, a Newcastle native, originally purchased the property for $345,000 in 2008, a year after securing a lucrative $4 million deal with Myer.
The single-level brick and tiled home sits on a generous 664 square metre block and features a back deck that overlooks a large lawn and a "man shed."
The property enjoys the added benefit of backing onto a reserve, providing a serene and private setting.
According to realestate.com.au, Troy Duncan from First National Lake Macquarie Edgeworth is handling the sale, and he has highlighted the investment potential of the home, suggesting a rental return of approximately $700 per week.
This sale marks a significant moment in Hawkins' property journey. In 2016, she sold another investment property, her very first purchase—a three-bedroom house in Merewether.
Bought for $469,000 in 2006, it was sold for $731,000, demonstrating Hawkins' knack for profitable property investments.
Jennifer Hawkins is in the process of selling one of the last properties in her once extensive investment portfolio
Over nearly two decades, Hawkins has built an impressive property portfolio, including apartments in Bondi and Coogee.
Alongside her husband, builder Jake Wall, she has undertaken several high-profile projects.
Their construction company, J Group Projects, has seen them develop homes in North Curl Curl, Curl Curl, and Pittwater, culminating in the creation of the stunning Casa Paloma.
The Lake Macquarie district investment is a charming three-bedroom home in Minmi, about 20km from Newcastle's centre, and is expected to fetch between $800,000 and $880,000
Their five-bedroom Newport waterfront property made headlines when it was sold to billionaire Mike Cannon-Brookes for a record-breaking $24.5 million.
The couple built the property on land they'd purchased for $4million in 2014.
The couple's latest venture is a mega-mansion in Whale Beach, which has already been sold for around $30 million, continuing their streak of high-end property successes.
Hawkins, 40, a Newcastle native, originally purchased the property for $345,000 in 2008, a year after securing a lucrative $4 million deal with Myer
Jen first entered the real estate market in 2006, two years after she was crowned Miss Universe.
However, the model has always been adamant that she and her partner are not 'property flippers', and firmly explained so in an interview with David 'Kochie' Koch on Sunrise in 2020.
Jennifer married property developer Jake in Bali, Indonesia in 2013, after eight years of dating.
The couple share daughter Frankie and son Hendrix.
Jennifer married property developer Jake in Bali, Indonesia in 2013, after eight years of dating. The couple welcomed daughter Frankie in October 2019
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