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You can spend a day just walking the sights. Sydney is a large city if you include the outer suburbs, and there is a lot to see out there. But the CBD can be browsed in a day’s travel. You can start at Circular Quay and see The Rocks, the Opera House, and the Harbour Bridge. The Botanic gardens are near hare, and worth a fair amount of time. You can walk from here or catch a train to Town Hall station and see the Queen Victoria Building for some shopping. From here it’s only a short walk to Darling Harbour.
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