With a secure net income of approximately $290,000 per annum and long-term leases to two of the precinct’s most established tenants - luxury fashion boutique Aquel and high-end salon Willomina—the offering is being billed as the ultimate “set and forget” investment.
“This is a generational opportunity to secure a blue-chip asset in a location that simply doesn’t come up. Queen Street is a legacy retail precinct, and this property is right at its heart.” said Miron Solomons, Co-Head of Investment Sales at Cushman & Wakefield, who is exclusively selling the asset with colleague Matt Pontey.
Spanning across two levels and zoned MU1 Mixed Use, the property offers both income certainty and long-term flexibility. The tenants, who pay all outgoings under net leases, are deeply embedded in the Woollahra community and cater to a discerning clientele drawn to the area’s curated mix of fashion, art, and lifestyle.
Matt Pontey, Cushman & Wakefield’s Co-Head of Investment Sales, said “We’re seeing strong demand for premium, low-maintenance investments - especially those with long-term income and minimal management. This is exactly that.
“With its heritage charm, high foot traffic, and prestige positioning, 107 Queen Street is expected to attract interest from local investors, family offices, and SMSFs alike. As one of the last remaining freeholds in this tightly held strip, it represents not just a secure income stream, but a piece of Sydney’s retail legacy” he said.
107 Queen Street, Woollahra is scheduled to go under the hammer on Tuesday, 26 August at 5pm at Cooley Auction Rooms in Double Bay.
