Australia

Anthony Albanese evicts tenant from Sydney rental property as home goes on the market for $1.9 million

Anthony Albanese has finally evicted a long-term tenant from one of his investment properties.

The Prime Minister has put his three-bedroom home on Dulwich Hill in Sydney’s west up for sale and will go under the hammer. A successful bid is expected to fetch up to $1.9 million.

Despite pleading with the Prime Minister not to sell his home, long-term tenant Jim Flanagan announced in May that he had been forced to look for new accommodation.

The 45-year-old small business owner paid $680 a week for the home, which is part of Mr Albanese’s $4 million real estate portfolio.

Mr. Albanese gave his tenant 90 days’ notice to vacate the property in May, and through his real estate agent, he made it clear that he intended to sell the property.

The prime minister will pocket a tidy profit of $700,000 if the mansion sells for the expected price of $1.9 million. He bought it in 2015 for $1.175 million.

He grew up in social housing and his $4 million property portfolio currently consists of two rental properties in Sydney, including a mortgage-free bungalow with a swimming pool. He lives in the Lodge in Canberra and Kirribilli House in Sydney, where he pays no rent.

His two-storey, three-bedroom investment in Dulwich Hill was listed for sale on Wednesday evening by Shad Hassen of The Agency Inner West.

Prime Minister Anthony Albanese (pictured with partner Jodie Haydon) has given the tenant of his Dulwich Hill investment property the film after a 90-day eviction notice expired

Prime Minister Anthony Albanese (pictured with partner Jodie Haydon) has given the tenant of his Dulwich Hill investment property the film after a 90-day eviction notice expired

The mansion on Dulwich Hill (back garden in the picture) will go under the hammer on October 12

The mansion on Dulwich Hill (back garden in the picture) will go under the hammer on October 12

‘Fantastic family home designed for maximum space and style,’ the real estate list states.

‘This fantastic home is a showcase of contemporary style and high-end design and is perfectly designed for modern family living. It features three bedrooms and a study.

‘It demonstrates sensational attention to detail, with striking finishes throughout the building, with a flowing layout that provides optimum daylight, space and privacy.

‘Leave the kids overnight and retreat to the tranquility of a peaceful master suite, complete with a spacious balcony and private entrance.’

The property will be auctioned on October 12.

The first open house inspection will take place this Saturday.

On May 8, Mr Flanagan received the eviction notice from his real estate agent, informing him that Mr Albanese “might sell the house at some point.”

“We would like to inform you that the landlord requires eviction from the premises within 90 days of service of this letter,” the notice stated.

Mr Flanagan then asked for clarification as to whether it was the landlord’s wish for him to vacate the property. The agent confirmed this.

He was reluctant to make his eviction notice public, but felt he had no other option to keep his lease.

Jim Flanagan, 45, (pictured) begged Mr Albanese not to sell the house because the rents were significantly lower than current rates for similar homes in the area.

Jim Flanagan, 45, (pictured) begged Mr Albanese not to sell the house because the rents were significantly lower than current rates for similar homes in the area.

The sleek kitchen is equipped with a gas stove, 60mm stone worktops, polyurethane cabinets and a dishwasher

The sleek kitchen is equipped with a gas stove, 60mm stone worktops, polyurethane cabinets and a dishwasher

He tried to stay after reading about the federal budget in which the Albanian government announced a $1.9 billion package of measures to reduce rental costs for vulnerable people.

“It just doesn’t sit well when (Mr Albanese) tries to empathise with the majority of Australians who, like me, find the current climate extremely challenging,” Mr Flanagan said.

He said he voted Labour in the 2022 election and largely supports the party’s policies, but he is struggling because the bar he owns is struggling.

The Prime Minister previously said the decision to evict Flanagan and sell his home was due to “changing circumstances” and his impending marriage to Jodie Haydon.

“I have the right to make decisions in my private life, including the sale of a home I own, because I want to give my private life a different turn,” Mr Albanese said.

‘I bought the property when my personal circumstances changed.’

He was still married to former Deputy Premier of New South Wales Carmel Tebbutt when he bought the house in 2015.

The three-bedroom home in Sydney's Inner West (pictured) is expected to fetch around $1.9 million after Mr Albanese bought it for $1.175 million in 2015

The three-bedroom home in Sydney’s Inner West (pictured) is expected to fetch around $1.9 million after Mr Albanese bought it for $1.175 million in 2015

The two-storey townhouse has three bedrooms (one pictured) plus a study

The two-storey townhouse has three bedrooms (one pictured) plus a study

Mr Albanese lowered the rent for Mr Flanagan and his then-partner to $680 a week during the pandemic and has not raised the rent since.

Mr Flanagan added that the Prime Minister had been “a wonderful landlord” and “very generous”.

The rent for a similar property in the same neighborhood, within walking distance of his bar, would likely be around $800 a week.

Flanagan’s former partner Chrissy Flanagan has previously spoken candidly about what it was like to have the Prime Minister as a landlord.

In a 2022 TikTok video, she praised Mr Albanese for “living the values ​​he preaches” by lowering her rent by 25 per cent at the start of the Covid pandemic – and still maintaining that reduced rate two years later.

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