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Ex-SA Liberal chief David Speirs offloads Adelaide and Middleton funding properties

whysavetoday by whysavetoday
January 21, 2025
in Real Estate
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Ex-SA Liberal chief David Speirs offloads Adelaide and Middleton funding properties
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Former opposition chief David Speirs might be effectively over $1.5m richer after quietly offloading not less than three of his funding properties in hush-hush offers.

Land Providers SA data present Mr Speirs efficiently offered a Christies Seashore unit in November final yr for $475,000, whereas his second two-bedroom unit in the identical suburb offered for $408,000, in response to its itemizing agent.

A preferred beachside Airbnb has additionally been listed as “beneath supply” on realestate.com.au.

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David Speirs has offered his widespread Airbnb property in Middleton. Image: Realestate.com.au


A Brixton St unit in Christies Seashore has additionally offered…


…as has this Witton Rd unit, additionally in Christies Seashore.


The property, often known as “The Shack” was bought by Mr Speirs and a good friend in 2022 for $770,000 however might now be value as a lot as $820,000, in response to actual property data.

The properties had been put in the marketplace by Mr Speirs late final yr, with the previous liberal chief nonetheless awaiting outcomes on three others at the moment on the market.

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Assignment Freelance Picture Former South Australian Liberal leader David Speirs has made an
 announcement that will quit parliament after confirming his house was raided
 by armed police. Picture: Facebook/Supplied.

Former South Australian Liberal chief David Speirs introduced in October 2024 that he would stop parliament after confirming his home was raided by armed police. Image: Fb/Provided.


Mr Speirs remains to be trying to promote three different properties, together with his personal residence in Kingston Park.


This features a unit in Oaklands Park and one in Mitcham, in addition to Mr Speirs’ personal Kingston Park house, which has been listed on the market with worth hopes of $2.4m to $2.5m.

The six properties type nearly half of Mr Speirs’ as soon as 13-strong property portfolio, which he amassed throughout his decade-long parliamentary profession.

Mr Speirs formally resigned from politics in October final yr – a month earlier than going through the Christies Seashore Magistrates Court docket, the place he was charged with one rely of supplying or administering a drug, apart from hashish, to an individual.

In a video provided to The Advertiser, Mr Speirs seems to snort an unspecified white powder within the kitchen of his Kingston Park house.

Metadata revealed the video was recorded on June 30.

Mr Speirs claims the recording was a deepfake, whereas a high forensic analyst concluded it was “genuine” with no indication of tampering.

He’ll subsequent seem in court docket in March.

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Tags: AdelaideDavidExSAInvestmentleaderLiberalMiddletonoffloadsPropertiesSpeirs
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