Prime Minister Anthony Albanese has lastly despatched a long-time tenant packing from his funding dwelling.
Mr Albanese has listed the three-bedroom Dulwich Hill property in Sydney’s inner-west on the market with expectations a profitable bid might attain $1.9million, information.com.au reported.
Regardless of begging the Prime Minister to not promote up, long-time tenant Jim Flanagan revealed in Might that he had been compelled to seek for a brand new place to stay.
The 45-year-old small enterprise proprietor had be paying $680 per week on the townhouse, which is a part of the Mr Albanese’s $4million property portfolio.
Mr Albanese gave his tenant 90 days discover to depart the house in Might, clarifying by way of his agent that he supposed to promote the property.
Mr Flanagan was reluctant to go public with the discover, however felt he had no different choice to attempt to maintain his tenancy.
The Prime Minister will pocket a good $700,000 revenue if the townhouse sells for its anticipated $1.9m worth, having purchased it for $1.175 million in 2015.
After rising up in public housing, the Prime Minister’s $4million property protfolio at present contains two rental houses in Sydney, together with a mortgage-free federation bungalow with a pool whereas he splits his time between the Lodge in Canberra and Kirribilli Home in Sydney.
Prime Minister Anthony Albanese (pictured with associate Jodie Haydon) has given the tenant of his Dulwich Hill funding property the flick after a 90-day eviction discover got here to an finish
Mr Flanagan obtained the eviction discover from his actual property on Might 8, which knowledgeable him that Mr Albanese ‘may very well be promoting the home at some stage’.
‘Please be suggested that the owner requires vacant possession of the property… 90 days after the service of this letter,’ the discover said.
Mr Flanagan then requested for clarification on whether or not it was the owner’s want he vacate the property, which the agent confirmed.
He was spurred into making an attempt to remain on after studying concerning the Albanese authorities’s $1.9billion bundle to slash rental prices for susceptible individuals introduced in federal price range.
‘It simply does not sit effectively when (Mr Albanese) is making an attempt to be sympathetic with nearly all of Australians who’re, like me, discovering the present local weather extraordinarily difficult,’ Mr Flanagan stated.
He stated he voted for Labor within the 2022 election and principally helps the celebration’s insurance policies, however he’s doing it powerful because the bar he owns is struggling.
Jim Flanagan, 45, (pictured) had begged Mr Albanese to not promote the house as the price to lease was considerably decrease than present charges for related houses within the space
The Prime Minister beforehand revealed the choice to kick Mr Flanagan out and promote the house was as a consequence of ‘altering circumstances’ and his upcoming marriage ceremony to Jodie Haydon.
‘I’m entitled to make choices in my private life together with promoting a property that I personal as a result of I want to transfer on in my private life in a special path,’ Mr Albanese stated on the time.
‘The property was purchased when my private circumstances had been completely different.’
Mr Albanese decreased the lease for Mr Flanagan and his then associate to $680 per week in the course of the pandemic, and has not raised it since.
The three-bedroom townhouse in Sydney’s Internal-West (pictured) is anticipated to fetch about $1.9million after Mr Albanese purchased it for $1.175 million in 2015
Mr Flanagan added that the Prime Minister ‘has been a terrific landlord’ and ‘very beneficiant’.
Lease for the same property in the identical space, which is a brief stroll away from his bar, is prone to be round $800 per week.
Mr Flanagan’s former associate Chrissy Flanagan has beforehand opened up about what it was like having the PM as a landlord.
In a video on TikTok in 2022, she praised Mr Albanese for ‘dwelling the values he preaches’ by slashing her lease by 25 per cent initially of the Covid pandemic – and sustaining that decreased fee two years later.
