Bachelor pad up for rent at more than average mortgage payment

first_imgIT executive Terry Sweeney married Karina Carvalho in a ceremony at Benota beach in Sri Lanka on January 5.THE bachelor pad that tech whiz Terry Sweeney bought just months before asking ABC newsreader Karina Carvalho to marry him is on the market and it costs more to rent than the average mortgage repayment.The 116sq m apartment at Cunningham Street in popular inner-city suburb Newstead is on the market for rent at $750 a week, which averages out over 12 months at $3250 a month. Compare that to latest census figures which show that the average Brisbane resident pays $1950 a month in monthly mortgage repayments.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours agoTerry Sweeney sold this Newstead apartment after marrying Karina Carvalho. The property is up for rent at $750 a week. The home has two bedrooms.Mr Sweeney, who is IBM Watson Health Lead for Asia Pacific, had bought the apartment in 2014, just four months before Ms Carvalho tweeted a shot of her Argyle diamond engagement ring. They were married four months later in Sri Lanka and the apartment subsequently sold in July last year for $813,000.The current owners, who are Brisbane medical specialists, have put the property under the wing of Pier At Waterfront Building Management. It’s being marketed as “a touch of class with two car parks”.“Boasting beautiful, uninterrupted views of the Brisbane river, central business district and nearby parklands, this luxury Apartment won’t stay on the market for an extended period.”The property hit the rental market on Monday.last_img

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