Swimmer Cameron McEvoy sells Isle of Capri home and makes the team for Tokyo Olympics

Comm Games swim team at Chandler pool/open session

Cam McEvoy has sold his Isle of Capri home just before being selected for the Tokyo Olympics. Photographer: Liam Kidston.

Champion swimmer Cameron McEvoy has sold his Isle of Capri home for $1.4 million.

The timing couldn’t be better for the 27-year-old freestyler, who this week found out he will be travelling to Tokyo in July to compete in his third Olympic Games.

Cam McEvoy

Cameron McEvoy and his dog Apollo at his Isle of Capri home last month. Picture: Nigel Hallett

Mr McEvoy, who studies physics and mathematics at Griffith University, sparked headlines last month when he declared he would accept bitcoin for the sale of his four-bedroom, three-bathroom townhouse at 1/40 Via Roma.

The swimmer said at the time that he was keen to reinvest the money to build up his cryptocurrency holdings.

The buyers fell in love with the four-bedroom townhouse.

“It’s got a lot of similarities to the evolutions we saw with the internet, moving finance online and the general movement towards decentralisation as well. I have no doubt that eventually over time it’s going to be a very fundamental backbone to our society,” he said.

However, marketing agent Josh Longhitano of Lucent estate agency said the townhouse had been bought using mainstream Australian dollars.

“We had a few offers from people who were willing to pay us in cryptocurrency, including KuCoin,” Mr Longhitano said.

McEvoy paid $1.1m for the property in 2016.

“There was a buyer who was pretty serious but the cryptocurrency he held was relatively new and not one of the world’s top currencies.

“Because it was a bit of an unknown we decided it was too big a risk. It has to be right for all parties involved.”

The fact that the property was mortgaged also made it more complicated.

Despite this, Mr Longhitano said Mr McEvoy was delighted with the sale.

The buyers are a German couple looking to return to the Isle of Capri after having lived there for a stint in their earlier years.

1/40 Via Roma, Isle of Carpi, has been sold to a couple returning to the island.

Mr McEvoy bought the townhouse for $1.1m after returning from the Rio Olympics in 2016.

He is currently in Adelaide competing in the Australian Swimming Trials for qualification in the Tokyo Olympics and has made it on to the men’s team freestyle relay events.

1/40 Via Roma, Isle of capri

Yesterday he swam for nomination in the 100m freestyle event for Tokyo.

Mr Longhitano said McEvoy would be moving in to rental accommodation until after the Olympics, when he will contemplate his sporting future and that of the Gold Coast market.

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