Fashion designer Collette Dinnigan to sell flagship Paddo store
Designer Collette Dinnigan is selling her first ever Sydney store.
It was 1992 when, in her mid-20s living above the shop, she moved into the William Street, Paddington premises.
She launched her lingerie collection which was soon being exported to the likes of Barneys New York and Harvey Nichols in London.
Dinnigan bought the boutique space for $625,000 in 1998, vacating it when she relocated to Queen Street, which closed in 2014 as she sought new adventures outside of the fashion world in property with her husband Bradley Cocks.
Dinnigan's shop has a $1.7 million guide for its July 7 auction through BresicWhitney agent Ivan Bresic.
"Interiors and home is what excites me at the moment and I am having lots of fun doing projects in both Australia and Italy.
Since she departed the 33 William Street space, the store's occupants have included Bailey Nelson.
The fashion street's most recent arrival was fashion designer Jasmine Yarborough, the fiancé of breakfast television co-host Karl Stefanovic.
Yarborough rents a space at 76 William Street for her Mara & Mine collection which she launched with best friend Tamara Ingham.
The shop they rent has been a long-term investment for the owners, who have held the shop since 1992.
There have been several recent sales including an original mixed-use Victorian terrace at 70 William Street for $1.55 million. It had a $1.4 million buyers guide.
Another commercial space at 80 William Street fetched $1.9 million, up on its $1.7 million trade in 2016.
Dinnigan's main focus now is on launching Bespoke Homes, the luxury rental platform she's developing with her husband, hotel and tourism entrepreneur and Bradley Cocks.
They've already gathered a number of properties, including a 400 year old farmhouse in Italy.