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Kylie Minogue’s Melbourne Investment Property raised it to NZ $ 1.58 million.

She is known as Charlene. neighbour. And “The Singing Budge”, but now Kylie Manog claims to be the smartest real estate investor after selling her Melbourne property for NZ $ 1.77 million (A $ 1.715 million) and making a massive NZ $ 1.58 million paper profit. Can

Kylie Manog sold a house earlier this year as an investment in a quiet deal.

Ian Guan / Getty Images

Kylie Manog sold a house earlier this year as an investment in a quiet deal.

The 53-year-old, one of the best-selling Australian female artists ever, bought the property. 25 Cambridge Street Armadale, a suburb of Melbourne in 1990, is currently paying only $ 185,000, according to records.

Jellies Craig Borondara director and auctioneer Campbell Ward will not comment on the quiet February sale of the two-bedroom, Victorian-style property, simply stating that the seller had owned the property for some time.

Australian superstar Kylie Manog has made a paper profit of 1.5 1.58 million on her Melbourne Rent.

Provided

Australian superstar Kylie Manog has made a paper profit of 1.5 1.58 million on her Melbourne Rent.

The house is believed to have been used as an investment and has been a tenant for years. Manog did not live there, although she was. Grow in the neighborhood, With one of them. Family family sitting nearby in Camberwell..

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The stylish Armadale home includes polished floorboards and a neutral color palette. The Cove 19 is a smooth outdoor area for post-19 gatherings and celebrations.

Manog sells home as Melbourne’s property market heats up. Despite six lockdowns related to the corona virus in the city since the beginning of last year, homes have been selling at auction above reserve prices.

Manog has had successful films since the 1980s, beginning his musical career with record company Mushroom and producers Stock Aitken and Waterman.

Her first successful film, Movement, Top of the charts and her recent album, Disco, Was released last year..

Manog’s successful music career has seen him travel around the world. She currently lives in One Hyde Park, one of London’s most special apartments.

He allegedly. He owns a penthouse there.An estimated NZ $ 35 million.

In Armadale, house prices have risen 24.7% in the last five years. Domain statistics show that the average house price in an inner-city suburb is $ 2.52 million (NZ $ 2.60m), while the average rent for a house is A $ 698 (NZ $ 722) per week.

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