Jennifer Hawkins has sold off another investment property, no doubt given the looming rebuild of her forever home on the Newport waterfront.
Hawkins has pocketed $731,000 for her three-bedroom house in the Newcastle beachside suburb of Merewether, sacrificing what records show was a weekly rental return of $530.
Hawkins had bought it eight years ago for $620,000.
The former Miss Universe and her husband Jake Wall have plans before Pittwater Council for a new residence with a pool on the double waterfront block they bought in Newport last year for $4 million.
Hawkins and Wall also sold their Bondi investment spread last September for $1.2 million and their former North Curl Curl home for $4.1 million a few months earlier.