Olympics guru John Coates is selling his long-time luxury Sydney home as he prepares to make the move to Brisbane to work on the 2032 Games.
One of just seven homes in the contemporary complex, the four-bedroom unit on Drummoyne’s prestigious St Georges Crescent has a podium position on Sydney Harbour, offering gold class views over Cockatoo and Snapper Islands that will never be built out.
According to property records, Coates, who was one of the key architects of Sydney’s 2000 Olympics and has been a member of the Australian Olympic Committee since 1981, bought the home off the plan in 2010 for $3.4m.
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John Coates is selling up in Sydney to move to Brisbane for the 2032 Olympic Games. Picture: Richard Walker
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The high end home at 6/6 St Georges Crescent has come to market for the first time since then via sales agent Jack Hughes from Ray White with a price guide of $5.7m.
Coates said he will miss living in the area, ahead of his big move north.
“My connection with the Drummoyne waterfront goes back more than 50 years to my schoolboy coxing days boating out of Leichhardt Rowing Club on the Iron Cove and Sydney Rowing Club on the Parramatta River,” Coates said.
“But for me life entered another chapter when I secured for Brisbane the 2032 Olympic and Paralympic Games and a responsibility for delivering them as a member of the Games’ Olympic Organising Committee, as for Sydney 2000.
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The prestigious St Georges Crescent has a podium position on Sydney Harbour. Picture: realestate.com.au
The home has a $5.7m price guide. Picture: realestate.com.au
It offers offering gold class views over Cockatoo and Snapper Islands that will never be built out. Picture: realestate.com.au
“I need to be living closer to the sports venues and so my wife Orieta and I have purchased in and moved to Burleigh Heads in south east Queensland.”
It’s the only apartment in the complex to be offered for sale since the building was complete in 2011.
Selling agent Jack Hughes from Ray White said it’s an indication of the quality of the build.
“Nothing in the building has sold previously; everyone bought off the plan or when it was newly built,” Hughes said, noting the unit has undergone extensive renovations since to enclose the side balcony, creating a dedicated study and internal formal dining space.
“St Georges Crescent is the premier street in Drummoyne. It’s where everyone wants to be.”
With 239 sqm of living space plus parking for two cars, Mr Hughes said the internal size of the apartment is “unmatched”.
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(L-r) Andrew Liveris, Cindy Hook and John Coates at the announcement of the CEO of the Brisbane 2032 Olympic and Paralympic Game. Picture: Richard Walker
“I’d say it’s one of the largest units internally on the street,” he said.
“The size is very rare, and the location is rare. So the combination of those two will drive interest.”
Featuring house-like proportions with four double bedrooms, two bathrooms and a separate home office, it’s a rare opportunity for buyers seeking low maintenance living that’s within easy reach of shops and amenities.
The home sits just 200m from Birkenhead Point. Picture: realestate.com.au
One of the four bedrooms. Picture: realestate.com.au
Plenty of living space. Picture: realestate.com.au
“It’s 200m from Birkenhead Point,” Hughes said.
“And there’s a ferry at the end of the street, there’s also a bus at the top of the street, all within a five to 10 minute walk.
“A standard family home in Drummoyne might pop up every month, whereas something like this is really rare; you might see one or two a year, if that.”
He expects strong interest from downsizers and professionals moving from large homes in surrounding inner west and lower north shore suburbs.
The home offers level lift access and secure basement parking.
Its long list of impressive features includes a library with custom joinery, a high-spec entertainer’s kitchen with marble benchtops and Miele appliances, and a dedicated dining space with views to Sydney’s Centrepoint Tower.
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