Studio Magazine's Marcello Grand sells in Darling Point
Veteran magazine publisher Marcello Grand has sold his recently renovated Darling Point penthouse for $3,525,000.
The two storey apartment came with a price guide of $3.5 million through Richard & Wrench selling agent James Dunn.
Comprising three bedrooms and two bathrooms, the 138 sq m apartment sits atop the 1930s Art Deco building.
Grand bought the unit in 2012 for $1.4 million from former Double Bay Art Gallery director Alan Winters. He is set to spend more time back home in Italy.
There was a $1.21 sale of a 95 sq m apartment on the ground floor earlier this year in the block of six.
It was 1983 when his Studio Magazines company was established. His first magazine was Studio Collections was a womens' fashion magazine with the Black + White magazine its most known after launched in 1992 and published until 2007.
Having studied at Turin University, Marcello had previously worked as an architect and advertising consultant.
This article first appeared in the Sunday Telegraph.
