I’m pretty sure this is the area known as the Rocks, just west of Circular Quay.
Yes, it is the Rocks. The photo is looking North along George St (left background), and Circular Quay is to the East (through the trees).
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Photos > Australia 2004 > Gallery > The Rocks
Yes, it is the Rocks. The photo is looking North along George St (left background), and Circular Quay is to the East (through the trees).