Savills list adjoining Queen Street commercial premises

Savills list adjoining Queen Street commercial premises
Savills list adjoining Queen Street commercial premises

Two adjoining commercial premises on Woollahra's iconic Queen Street strip have been listed for sale.

There have only been two sales on Queen Street in the last 12 months.

The property's, being sold in one line at 146 and 148 Queen Street both have four metre street frontage to Queen Street.

They have been described as super prime retail investments, sitting near the corner of Holdsworth Street.

Japanese restaurant Izy Izakaya own and occupy number 146 which cost $200,000 in 1984.

Savills list adjoining Queen Street commercial premises

Next door is being offered with vacant possession.

Savills agents Tom Tuxworth, Nick Tuxworth and David Hickey have expressions of interest until June 19.

“This property will give both investor and owners occupiers the opportunity to add instant value through repositioning to take full advantage of customers who live in the third wealthiest suburb in NSW and bustling 7-day pedestrian foot traffic on Queen Street." Tom Tuxworth said.

“146 & 148 Queen Street, Woollahra is surrounded by institutions including Victor Churchill, Chargrill Charlies, Bistro Moncur, Chiswick, Woollahra Luxe and Big Mamas.

"Both shops have been held for over 30 years so we expect significant local and offshore interest mainly due to the irreplaceable nature and scarcity of opportunities like these being offered to the market” he said.

 

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 Retail Property

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