PHOTO: Ian Thorpe and Ryan Channing. Source: Instagram Source: Supplied.

OLYMPIC swim legend Ian Thorpe is whispered to have spent $2.75 million on a Woollahra townhouse.

The purchase is apparently just in Thorpe’s name and not with his partner Ryan Channing. The couple recently Instagrammed a picture of their new abode along with the new pooch, Kaia.

The townhouse that Thorpe took a liking to sits at the rear of a converted 1860s mansion amid tropical gardens with a shared pool and spa.

READ MORE VIA NEWS.COM.AU