Kyly Clarke begins renovations on her investment property in Wollongong

Kyly Clarke begins renovations on her investment property in Wollongong – after her ex-husband Michael Clarke ‘sold their Vaucluse marital mansion for $12 million’


Kyly Clarke has started renovations on her investment property in Berkeley, a suburb in Wollongong, NSW.

The model purchased the home last year following her split from cricketer Michael Clarke.

According to Realestate.com.au, the 39-year-old’s $480,000 acquisition was by her newly-created entity, Sparkles Property Investments.

New project: Kyly Clarke (pictured) has started renovations on her investment property in Wollongong

The property is a three-bedroom home, which sets on a 567sqm block in the lakeside suburb.

The home was previously being rented out for $420-a-week.

It comes after Kyly’s ex-husband Michael recently sold their marital home in Sydney’s affluent suburb of Vaucluse.

Back to work: According to Realestate.com.au, the 39-year-old's $480,000 acquisition was by her newly-created entity, Sparkles Property Investments

Back to work: According to Realestate.com.au, the 39-year-old’s $480,000 acquisition was by her newly-created entity, Sparkles Property Investments

According to The Sunday Telegraph, the cricketer, 40, ‘secured $12million’ after the settlement went through earlier this month.

The former couple purchased the property for $8.3million in 2014, however Kyly’s name was reportedly ‘dropped’ from the paperwork days prior to the settlement.

According to the publication, the stunning five-bedroom home was expected to sell for $10million.

Sold: It comes after Kyly's ex-husband Michael Clarke (right) recently sold their marital home in Sydney's affluent suburb of Vaucluse for $12million

Sold: It comes after Kyly’s ex-husband Michael Clarke (right) recently sold their marital home in Sydney’s affluent suburb of Vaucluse for $12million 

Michael and Kyly moved in to the mansion in early May 2014 where they soon started their family, with daughter Kelsey Lee arriving the following year in 2015.

The former couple announced their split in February last year, after seven years together, however it is believed they actually split quietly five months earlier.

They share custody of five-year-old daughter, and the split is believed to be amicable.

Making a move: The former couple purchased the property for $8.3million in 2014, however Kyly's name was reportedly 'dropped' from the paperwork days prior to the settlement

Making a move: The former couple purchased the property for $8.3million in 2014, however Kyly’s name was reportedly ‘dropped’ from the paperwork days prior to the settlement