New Metlife boss buys in Double Bay

New Metlife boss buys in Double Bay
New Metlife boss buys in Double Bay

New Metlife boss Richard Nunn has bought in Double Bay following his move from Adelaide.

Nunn, previously chief executive of the South Australia-based Statewide Super, has spent $4.1 million on a 1980s home.

New Metlife boss buys in Double Bay

The three-bedroom, full brick home is an investment for the time being, having been promptly leased at $1800 a week reflecting a 2% yield.

Nunn previously owned an apartment in Double Bay he sold for $1,525,000 in 2012.

New Metlife boss buys in Double Bay

In 2015, he offloaded a Pyrmont apartment for $3.9 million, having paid $3 million three years earlier.

This article was first published in the Saturday Daily Telegraph.

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