Australian real state agent John McGrath has returned to selling homes after stepping down from the day-to-day administration of the listed agency that bears his name.
McGrath has put his name and phone number to the marketing of the home that's billed as Sydney’s No.1 address — the apartment on the tip of the top floor of 1 Macquarie St’s Bennelong.
Bennelong is popularly known as the Toaster.
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The apartment has been listed by property developer Keith Johnson, who first brought it to the market this time last year.
He and partner Natalie Habib have gutted the 380sqm 12th floor space along with commissioning an approved design by architect Koichi Takada.
They have been through several agents and are now engaging McGrath.
“We can’t sell you the Opera House, but we can sell you the closest thing to it,” the marketing says. No details have emerged as to its pricing, but there is no doubting its potential having set prior records.
The per square metre price record stands at $96,000 a square metre when $27 million was paid off-the-plan in the nearby Opera Residences. The top price sits at Crown Resorts’ $60 million sale to James Packer in One Barangaroo.
McGrath’s last marketing listing was an apartment in The Ritz in Cremorne Point in 2008 at $29 million.
His biggest sale ever was the Point Piper house, nicknamed the Bang and Olufsen house, in 1990 for $11.25 million.
