Rachel Fieldhouse
Real Estate

George Negus sells home for 3600 percent profit

Television current affairs giant George Negus  has sold his home in Balmain East after owning it for 42 years.

The terrace was sold by BresicWhitney agent Chris Nunn for an undisclosed price, though Mr Nunn gave a $2.6 million guidance. 

The 79-year-old first acquired the home in 1979 for $70,000, while he was still single and working on 60 Minutes.

However, the Brisbane-born journalist has spent most of his time on NSW’s North Coast from 1988, after he and his wife Kirsty Cockburn bought a 12-hectare property in Glennifer.

The 124-square-metre terrace offers views of the water and CBD from the second level and includes three bedrooms and one bathroom.

The ground floor opens up to a timber deck area with sandstone garden beds, and features a skylight over the living area that brightens the space.

The home also includes a stone kitchen and contemporary bathroom, with the listing describing it as having “potential for your own touches”.

Images: Getty Images, BresicWhitney

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Real estate, George Negus, huge profit