Olympic guru John Coates’ $5.7 million Sydney home for sale – realestate.com.au

Olympic guru John Coates is selling his old luxury home in Sydney as he prepares to move to Brisbane to work on the 2032 Games.

One of only seven homes in the modern complex, the four-bedroom unit on Drummoyne’s prestigious St Georges Crescent enjoys a podium position on Sydney Harbor and offers top-class views over the Cockatoo and Snapper Islands that will never be built.

According to property records, Coates, one of the principal architects of the 2000 Sydney Olympics and a member of the Australian Olympic Committee since 1981, bought the house off-plan in 2010 for $3.4 million.

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The luxury home at 6/6 St Georges Crescent has since first hit the market through sales agent Jack Hughes of Ray White with a price guide of $5.7 million.

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 when I was a schoolboy in charge of the Leichhardt Rowing Club on the Iron Cove and the Sydney Rowing Club on the Parramatta River,” Coates said.

“But for me, my life entered a new chapter when I secured the 2032 Olympic and Paralympic Games for Brisbane and was given the responsibility to deliver them as a member of the Olympic Organizing Committee of the Games, as well as Sydney 2000.

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The prestigious St Georges Crescent has a podium position in Sydney Harbour. Image: realestate.com.au

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The home has a price guide of $5.7 million. Image: realestate.com.au

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It offers gold-class views of the Cockatoo and Snapper Islands that will never be built on. Image: realestate.com.au

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“I need to live closer to the sporting venues and that’s why my wife Orieta and I bought in and moved to Burleigh Heads in south-east Queensland.”

It is the only apartment in the complex that has been offered for sale since its completion in 2011.

Sales agent Jack Hughes of Ray White said this is indicative of the quality of construction.

“Nothing in the building has been sold before; everyone bought off the plan or when it was built new,” said Hughes, noting that the unit has since undergone extensive renovations to enclose the side balcony, creating a dedicated study and internal formal dining space.

“St Georges Crescent is the main street in Drummoyne. This is where everyone wants to be.”

With 239 sq m of living space plus parking for two cars, Mr Hughes said the internal size of the apartment is “second to none”.

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(L-r) Andrew Liveris, Cindy Hook and John Coates at the Brisbane 2032 Olympic and Paralympic Games CEO announcement. Photo: Richard Walker

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“I’d say it’s one of the largest units on the street,” he said.

“The size is very rare and the location is rare. So the combination of the two will generate interest.”

Boasting house-like proportions with four double bedrooms, two bathrooms and a separate home office, it is a rare opportunity for buyers looking for low-maintenance living within easy reach of shops and amenities.

The house is just 200 yards from Birkenhead Point. Image: realestate.com.au

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One of the four bedrooms. Image: realestate.com.au

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Lots of living space. Image: realestate.com.au

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“It’s 200 yards 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 ten minute walk.

“It could be that a standard family home pops up in Drummoyne every month, while something like this is really rare; if so you might see one or two a year.”

He expects strong interest from downsizers and professionals moving from large homes in the surrounding inner west and lower north coast suburbs.

The house offers access to a ground floor elevator and secure parking garage.

The long list of impressive features includes a library with bespoke joinery, a high-end entertainment kitchen with marble worktops and Miele appliances, and a dedicated dining area with views of Sydney’s Centrepoint Tower.

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