{"id":31551,"date":"2021-04-04T09:00:15","date_gmt":"2021-04-03T21:00:15","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=31551"},"modified":"2021-04-04T09:01:24","modified_gmt":"2021-04-03T21:01:24","slug":"pub-billionaire-cops-a-loss-on-milsons-point-pad-l","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/pub-billionaire-cops-a-loss-on-milsons-point-pad-l\/","title":{"rendered":"Pub billionaire cops a loss on Milsons Point pad"},"content":{"rendered":"

PHOTO: One of the three penthouses atop the Latitude building in Milsons Point has sold at a loss.<\/strong><\/p>\n

In the middle of one of the most jaw-dropping property booms in decades it is refreshing to hear that not every seller is making a motza from their real estate. Take billionaire pub magnate Chris Morris and his wife Sharron Sills, who have copped a loss on their Milsons Point penthouse this week.<\/p>\n

The couple paid $8 million for their crash pad in the Latitude building at the peak of the local apartment market in 2017, making them immediate neighbours to the super-spread next door owned by Nicole Kidman and Keith Urban.<\/p>\n

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Chris Morris owns hospitality and tourism operator Colonial Leisure Group.<\/strong><\/em><\/figcaption><\/figure>\n

Di Jones\u2019 Nigel Mukhi wouldn\u2019t confirm what local sources say was an off-market resale for less than the purchase price, but did at least reveal it was not bought by the Hollywood superstar neighbours.<\/p>\n

Not that Kidman and Urban weren\u2019t given ample opportunity to secure it. The A-listers have long been seen as obvious buyers given they own the adjoining two penthouses, purchased first for $6 million in 2009 from Mark Bouris and adding its adjoining spread three years later for $7 million.<\/p>\n

Morris, the Rich-List owner of hospitality and tourism operator Colonial Leisure Group, isn\u2019t going far. Last year\u00a0he bought a $10.75 million waterfront pad\u00a0in the nearby Maritima building in Lavender Bay.<\/p>\n

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