The office is on level 1 at 3A Macquarie St, Sydney.
An office suite widely regarded as one of Sydney’s finest, with uninterrupted views across Sydney Harbour, is being offered to the market for the first time in 24 years.
The campaign is expected to attract strong interest from buyers seeking prestige office accommodation in one of Australia’s most tightly held commercial precincts.
The 225sqm suite at 3A Macquarie Street, Sydney is being offered for sale with vacant possession.
The property has been occupied by a private family office for close to two decades and sits within the building affectionately known as ‘The Toaster’ overlooking Circular Quay, the Sydney Opera House and Harbour Bridge.
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It overlooks Circular Quay.
The building, given the nickname during construction in the late 1990s due to its toaster-like appearance, is most famous as an exclusive residential block, with controversial former radio personality Alan Jones buying his level six apartment for $10.5m in 2017, though there are also a handful of offices.
This office is on level one, with its own direct entry off Macquarie St, and has been the office of the Shand family’s Barana Group, operating as a private investment firm focused on commercial, retail, residential, and hospitality properties in Australia
Agents Miron Solomons and Jack McGregor of Cushman & Wakefield expect the property to attract the interest of wealthy individuals, family offices and offshore purchasers.
The agents aren’t offering a guide though informed sources advise it’s likely to sell for more than $10m.
“It’s simply unmatched in Australia.”
Mr Solomons said the fact it has its own direct entry off Macquarie St is of particular appeal.
“This is the best office suite offering in the country, presents beautifully and is likely to be one of maybe a handful of harbourside office suites in Sydney’s CBD with a balcony that looks directly over Circular Quay and the Harbour Bridge.
“It has its own direct entry off Macquarie Street that adds to its uniqueness.
“It is simply unmatched in Australia.”
He also applauded its proximity to the Botanic Gardens, hatted restaurants and key transport links which provide immediate access to Sydney’s ferry, rail, and light rail networks.
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