Channel Nine boss Hugh Marks buys Neutral Bay pad

Channel Nine boss Hugh Marks buys Neutral Bay pad
Channel Nine boss Hugh Marks buys Neutral Bay pad

The Channel Nine boss Hugh Marks is whispered to have snapped up a $2 million Neutral Bay investment apartment.

The three bedroom Hughview Avenue apartment has Harbour Bridge view and water glimpses.

There had been $1.8 million pre-auction price guidance.

The early 1970s apartment last sold in 2013 at $1.3 million fetched just above the suburb's three bedroom $1,775,000 median.

Marks owns a bungalow in nearby Artarmon that he bought for $765,000 in the late 1990s. He has investment apartment in Mosman and Surry Hills, totalling over $1.5 million.

He has been boss of Nine since 2015, with his previous roles including CEO of the Southern Star Group.

This article first appeared in the Daily Telegraph.

 

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