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F45 Gym founder Rob Deutsch and his wife Nicole Perso buy an apartment in the Crown One Barangaroo tower

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Someone is in good shape! F45 boss and wife buy $25.5 million Sydney apartment – months after splashing $37.5 million on another luxury home

  • Gym chain founder buys $25.5 million condo
  • Rob Deutsch settles without a mortgage
  • He also owns a $37.5 million house in Sydney

Entrepreneur Rob Deutsch and his wife, Nicole Perso, spent $25.5 million on a new apartment without having to borrow anything.

Mr. Deutsch, co-founder of the Australian franchise of F45 gyms, and his model wife Ms. Perso have the keys to the four-bedroom apartment in Crown’s One Barangaroo tower.

The glamor couple have been very busy in the Sydney property market this year.

In February, they spent $37.5 million on a mansion in Bellevue Hill in Sydney’s eastern suburbs.

The freshly purchased apartment, which also has four bathrooms. the plan last sold two years ago for $22.5 million, meaning it’s increased in value by $3 million in just 24 months.

A four-bedroom apartment overlooking Sydney Harbor has sold for $25.5 million

The apartment, which also features four bathrooms, was last sold two years earlier for $22.5 million

The apartment, which also features four bathrooms, was last sold two years earlier for $22.5 million

It was listed last year with a price list of $29 million after being listed by Hong Kong-based businesswoman and salesperson Huanhuan Zheng.

Centrally located on the harbour, the 71-storey Barangaroo Tower is home to many of Sydney’s rich and famous.

Crown’s former majority shareholder James Packer paid $72 million for a two-story tower apartment in 2021.

The five-bedroom, five-bathroom home the couple claimed in February sits on a 1,286-square-foot lot that also includes a tennis court, a large flat yard with limestone porches, outdoor patios and a heated swimming pool.

Rob Deutsch and wife Nicole Perso bought the new apartment just months after making another major real estate purchase (pictured with son Jack on a family trip to Budapest)

Rob Deutsch and wife Nicole Perso bought the new apartment just months after making another major real estate purchase (pictured with son Jack on a family trip to Budapest)

The apartment was previously owned by Hong Kong-based businesswoman and salesman Huanhuan Zheng

The apartment was previously owned by Hong Kong-based businesswoman and salesman Huanhuan Zheng

The 71-storey Barangaroo Tower is home to many of Sydney's rich and famous, including billionaire James Packer

The 71-storey Barangaroo Tower is home to many of Sydney’s rich and famous, including billionaire James Packer

In March, the couple sold a two-bedroom property on Bondi Beach for $1.615 million, a small loss from the $1.65 million he paid for it in 2019.

Mr. Deutsch had “transited” from running the cult chain of F45 gyms in 2020, with a reported $3.7 million severance pay.

By this stage, he had already built up a lavish property portfolio of luxury apartments in Bondi and Coogee, also in eastern Sydney.

The Bondi apartments cost him more than $7.2 million, while the Coogee couple cost about $2.12 million at the end of 2017.

In April 2022, the couple sold a family beachfront home in Bronte for $17.7 million, which they had bought just over a year earlier for $11.2 million.

Mr. Deutsch has moved into selling baby products and launched his online marketplace Markot last year.

His Instagram offers a glimpse into his lavish life with regular snaps from holiday getaways and photos of him with F45 backer and Hollywood movie star Mark Wahlberg.

In February, Mr. Deutsch and Ms. Perso spent $37.5 million on a Bellevue Hill mansion in Sydney's eastern suburbs.

In February, Mr. Deutsch and Ms. Perso spent $37.5 million on a Bellevue Hill mansion in Sydney’s eastern suburbs.

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