Steve Smith and David Warner’s investment properties left in ruins
Steve Smith and David Warner will undoubtedly be smarting from the fact that they won’t be able to pull on the baggy green for at least 12 months, but it’s not just their life on the pitch which has been affected by Cricket Australia’s ban.
News.com.au reports Smith and Warner’s property empires have been left in ruins, with pictures revealing the shambolic state of several the pair’s investments.
Both cricket stars have amassed numerous properties over the years. Warner’s property portfolio is believed to be worth $10 million, and was once quoted in an interview as saying, “My financial adviser told me: ‘If you have to work after cricket, I haven’t done my job properly’.”
But images provided to News.com.au reveal the properties to be dilapidated.
One neighbour told News.com.au: “Trucks have been coming and going for months, but then we don’t see anything for a couple of weeks. We expected this to be built by now — he bought the place ages ago and it’s not pretty to look at.
“I pity the neighbours who live right next door, as they’ve had to live next to a building site. If I were him, I’d make it extra secure, as I can’t see people welcoming him with open arms, even before all the recent drama.”
The cricket ban could prove costly for the Aussie duo. It’s understood they both earn $2 million a year from Cricket Australia and are set to miss out on $2.4 million each from deals in the lucrative Indian Premier League.
Smith is having similar issues, with the three-bedroom cottage in Balmain he purchased for $4 million in June 2017 strewn with rubbish, junk and an overgrown garden.
To take a look at the property empire that’s been left to ruin, scroll through the gallery above.
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