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The Bennelong Apartments is a residential apartment building and multi-use complex on the east side of Sydney's Circular Quay. The buildings were designed by Andrew Andersons and PTW Architects, and completed in 1998.The Bennelong Apartments consist of three buildings. No. 1 Macquarie Street is the northernmost building in the development. It is connected via a bridge at its southern end to the No. 3-7 Macquarie Street building, which houses a cinema, restaurants and shops, as well as apartments. The southernmost building, No. 61 Macquarie Street, contains the Pullman Quay Grand Hotel and apartments. The nickname "the Toaster" derives from the resemblance of No. 1 Macquarie Street to the kitchen appliance, but the term is also applied to the whole complex.In November 2007, an apartment in the building sold for $8.4 million. With an internal area of 190 square metres, the price of $44,210 per square metre was an Australian record. In July 2015, a Level 11 penthouse in the Bennelong Apartments sold for approximately $22 million, which at the time was the second most expensive apartment sale in the history of Sydney and Australia.Site historyThe Bennelong Apartments sit on the eastern side of Sydney Cove or Circular Quay. This was the site of the first landing by Europeans in Sydney, on 26 January 1788. The governor's temporary canvas house was erected on the east side of the cove. Unlike the southern and western sides of Sydney Cove, the eastern side of the cove remained largely uninhabited in the early years of the colony; one notable inhabitant was Bennelong, after whom the adjacent Bennelong Point and Bennelong Apartments are named. In the early 19th century, the entire area was part of the Governor's Domain, though some commercial activity developed along the shoreline.