Gavin Rubinstein knocks back $6.5m offer on Cohen pad

TRG founder Gavin Rubinstein has taken on the job of selling top buyer’s agent Simon Cohen’s luxury Potts Point pad.

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TRG founder Gavin Rubinstein has taken on the job of selling his former Luxe Listings co-star Simon Cohen’s Potts Point flat and he’s already knocked back an offer.

“We’ve had an offer of $6.5m which I’ve rejected,” says Rubinstein, close mate of Australia’s best known buyer’s agent who has orchestrated many of the biggest deals in the country of late.

It would be fun to be in the same room as the pair as they discuss the offers as they come in, as they often clashed in the hit reality TV show of a few years back.

The two-level three-bedroom, three-bathroom apartment with double parking and Harbour Bridge and Opera House views in the renowned Ikon block in Macleay St, Potts Point first hit the market at the start of spring last year via a different agency.

It has 180sqm of internal space — 300sqm including the courtyard.

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Rubinstein has already knocked back an offer of $6.5m since taking on the listing.

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Cohen bought it in 2021, but has since done a $1.85m reno over two years.

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There are three bedrooms and three bathrooms.

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Rubinstein’s keeping mum on the price expectations, nine months later. The $6.5m offer clearly wasn’t enough, but Cohen’s probably dropped his initial hopes and dreams.

Whoever buys it will be buying well.

There’s no doubt this is a ripper apartment in one of Sydney’s best-built blocks by the country’s most respected developer, Mirvac.

Another of Australia’s big real estate names, John McGrath, recently paid a suburb record price for an apartment built by the same crew. That’s no accident.

The apartment has 180sqm of internal space, 300 sqm including the terrace.

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It’s built over two levels.

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And the market’s set to fire up post election, experts believe, so it could be prime time to snap this dream pad up.

Cohen bought it for $5,125,000 in 2021 but then did a $1.85m reno over two years.

At the time it listed last spring, it was said he “went overboard”, gutting the entire apartment, adding new electrics, new ceilings and new cornices.

Cohen’s created a “world class sanctuary of unparalleled appeal”, as you might expect.

And given that his focus has now turned to the “relaxed” renovation of his $12.5m Paddington mansion, the Potts Point pad is unlikely to be on the market for much longer.