Media power couple David Gyngell and Leila McKinnon score a $1million profit on the sale of their classy Bondi Beach investment
Former Nine Network boss David Gyngell and his wife, TV presenter Leila McKinnon, have sold their Bondi Beach investment property for $2.75million.
The couple made a tidy $1million profit on the unit, which they bought in 2017 for $1.675million, reports Domain.
The first-floor art deco pad was highly sought-after at the time of its 2017 sale, with Gyngell and McKinnon outbidding five others to acquire it.
Going, going, gone! Media power couple David Gyngell and Leila McKinnon have scored a $1million profit on the sale of their classy Bondi Beach investment
It has three large bedrooms, open living spaces, a decorative fire place, gas kitchen, high ceilings, timber floors and one bathroom.
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The immaculate property also includes 114sqm of interior space, compared to the average 70-80sqm in most Bondi Beach apartments.
The unit has a prime location at the heart of Bondi, with shops, bars, restaurants and weekend markets right at the owner's front doorstep.
Inclusions: The unit has three large bedrooms, open living spaces, a decorative fire place, gas kitchen, high ceilings, timber floors and one bathroom
Location, location, location! What's more, it is located in the heart of Bondi, with shops, bars, restaurants and weekend markets right at the owner's front doorstep
The sale of Gyngell's Bondi pad, listed through Richardson & Wrench’s Jason Boon, ends the media executive's ties to the beachside suburb where he started out selling beachwear and surfing equipment in the late 1980s.
The apartment is one of seven in an art-deco block that was previously owned by the Pryor family for four generations, since 1938.
Gyngell and McKinnon's investment was recently renovated and being leased for $1,300.
History: The apartment is one of seven in an art-deco block that was previously owned by the Pryor family for four generations, since 1938
The high-profile couple now live in Byron Bay.
They moved to the northern NSW town after Gyngell left his job at Nine in 2015 and sold the family home in Dover Heights for $8.4million in 2018.
Gyngell and McKinnon also own a Sydney investment property in Bellevue Hill, which they purchased last November.
Where they are now: The couple and their children moved to Byron Bay after Gyngell left his job at Nine in 2015 and sold the family home in Dover Heights for $8.4million in 2018
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