Food queen Donna Hay sells Holdsworth Street, Woollahra shop

Jonathan ChancellorMay 29, 2013

Donna Hay, the food queen, has sold her Woollahra homewares retail premises after deciding to concentrate on her online retailing initiatives rather than continue with the Holdsworth Street outlet.

The shop was a highly exposed corner setting close to  the Woollahra Queen Street village.

The three-level sandstone terrace had "no expense" spared in its renovation and customised high end shop fit-out  for a concept store, market-leading emporium or luxury boutique.

The Holdsworth Street, Woollahra, shop cost $1,615,000 in 2008 and Property Observer gathers it fetched around $1.5 million.

"High ones," was the initial tip on price expectations, but it didn't happen even with a change in agency to Clay Brodie and Randall Kemp at Ray White Woollahra.

It was early 2009 when Hay opened her concept store – full of Donna’s products plus homewares and gift ideas chosen from around the world.

It will all be undertaken online in future.

 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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