Narrow Queen Street, Woollahra shop listed for $4.6 million

Narrow Queen Street, Woollahra shop listed for $4.6 million
Narrow Queen Street, Woollahra shop listed for $4.6 million

A narrow commercial premises on Woollahra's pricey Queen Street has been listed for $4.6 million.

Last traded for $1.65 million in 2006, 88 Queen Street is currently the home of Perryman Carpets by Design.

They are currently on a three x three year lease.

Narrow Queen Street, Woollahra shop listed for .6 million

The freehold two storey commercial building has previously been occupied by real estate agency Laing + Simmons Woollahra.

1st City agent John Knott is marketing the property.

He says the property offers one of the most secure long term, capital gain investments available.

It's been a busy year on Queen Street, regarded as one of Australia's most exclusive shopping strips.

Last month a premium commercial site made up of three tenancies sold for $15.1 million.

A gutted Queen Street commercial space also sold last month to the same buyer of the adjoining property, formerly Japanese grill bar Izy Izakaya.

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Woollahra Queen Street

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