Nicole Kidman

PHOTO: Nicole Kidman & Keith Urban. FILE

Nicole Kidman has followed age-old investment advice to always buy what you know, snapping up a fifth apartment in Milsons Point’s Latitude building.

Settlement records show Kidman’s corporate interests have paid $1.35 million for a one-bedroom pad with a car space on level four overlooking the tree tops into Wendy Whiteley’s Secret Garden.

Nicole Kidman has taken time out from the red carpet to buy a fifth apartment in the Latitude building.
Nicole Kidman has taken time out from the red carpet to buy a fifth apartment in the Latitude building.CREDIT:AP PHOTO

John Pagden, of his eponymous agency, declined to comment on the star’s plans for the apartment but it comes a year after her same investment company bought a two-bedroom pad in the same building for $2.78 million. That property is leased for $1250 a week.

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While Kidman hasn’t owned property in her own name since 1993 – when she gave a one-bedroom apartment she bought in Mosman for $81,000 to her younger sister, Antonia – she owns property in a range of company names, of which the latest is fronted by one of her oldest friends Annette Rechner.

Kidman and husband Keith Urban’s Sydney home is a consolidation of two penthouses atop Latitude, the first bought in 2009 for $6 million from Mark Bouris and its neighbour in 2012 for $7 million.

Another apartment in the building was added to her portfolio in 2011 for $2.68 million, with suggestions locally it is used as a private gym.

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