Graham Cranswick-Smith sells Milsons Point penthouse

The boss of Cranswick Wines Australia, Graham Cranswick-Smith, has sold his Milsons Point penthouse pre-auction.

He's bought another penthouse over in the eastern suburbs.

McGrath Neutral Bay agents Jordan Black and Nigel Mukhi secured the Milsons Point sale after having $3.9 million hopes. It sold to a family from the Macarthur region who plan on leasing it out for a couple of years and then downsize to it.

Showcasing over 300 sqm of indoor and outdoor living, the Mirvac built penthouse has four bedrooms, two renovated limestone bathrooms and his home office.

A wraparound entertainers' balcony offers 270 degree views of the Harbour Bridge.

There's also an upper level expansive alfresco sun deck with jacuzzi.

Graham paid $3.58 million for the Milsons Point apartment in February last year, just weeks after he sold his McMahon Point trophy mansion, Villa Medusa, to tech guru Daniel Petre and his wife Carolyn.

Cranswick-Smith founded Cranswick Wines in 1991 when he initiated a management buy-out of Diageo's bulk winemaking facility in the Riverina region of New South Wales.

Since then Graham has transformed from producing bulk wine for major Australian producers to producing and marketing it's own broad range of Australian varietal wines. It recently won gold medals at the 2016 China Wine & Spirit Best Value Awards.

The family name Cranswick is thought to derive from Crane’s Wyke (the village of cranes) in Yorkshire, as recorded in the medieval Domesday Book (England 1066).

This article was first published in the Sunday Telegraph.