Former Nine boss David Gyngell sells as current chief Hugh Marks lists

Former Nine boss David Gyngell sells as current chief Hugh Marks lists
Former Nine boss David Gyngell sells as current chief Hugh Marks lists

The former Channel 9 boss David Gyngell and his television presenter wife Leila MCKINNON have pocketed $8.4 million from the delayed settlement sale of their Dover Heights home.

The stylish couple spend most of their time these days in the Byron Bay hinterland, ­enjoying family life and attending to a Northern Rivers tourism property empire.

Gyngell, the son of the late legendary Channel 9 boss Bruce Gyngell, bought the clifftop oceanfront Wentworth Street home for $1.15 million in 1998 when it was a 1940s cottage.

His sister Briony Fitzgerald and mother Anne helped design the mansion after its $1.5 million 2014 rebuild, which was then ­featured in Belle magazine.

“Every room, including the bathrooms, captures views of the ocean, coast or harbour in the distance. On a clear day you can see from Palm Beach to Wollongong,” the ­magazine reported.

The media couple retain their renovated Bondi Beach investment property.

Their off-market buyers in the deal, done this time last year, were Adam and Alex Somerville from North Bondi, who are in the business of retirement villages.

Meanwhile the current boss at Nine, Hugh Marks, who took the reins from Gyngell in 2015, has decided to list his South Coast weekender (pictured above and below).

Marks bought the weekender, set on 40 hectare at Broughton Vale, in April last year, three months before the merger of Nine television network with the Fairfax print remnants was announced.

Former Nine boss David Gyngell sells as current chief Hugh Marks lists 

Belle Property Berry agent Nick Dale, who sold the property to Marks for $4,075,000, has the relisting, but is not offering any public price guidance on its realestate.com.au listing.

Buyers are being told on inquiry to expect to pay “low to mid $4 million”.

Realestate.com.au ranks Broughton Vale as a high ­demand market with 1680 visits per listing per month, as against the 730 NSW average.

Former Nine boss David Gyngell sells as current chief Hugh Marks lists

It was bought from Alan Hyde, the former NEC and Hewlett-Packard boss, and wife Joanne, who had commissioned TDDP Architects to design the home on ecological and sustainable principles.

There is natural bushland with a permanent creek, waterfall and rock pools.

This article was first published in the Sunday Telegraph, which subsequently reported the Marks listing was a matrimonial separation disposal.

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Title Tattle Broughton Vale

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