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146 & 148 Queen St 2 Retail Properties in Woollahra

Investment Highlights
- Two iconic freehold retail buildings offered in one line or separately.
- Scope for significant repositioning and rental uplift over time.
- Properties sold as a going concern providing immediate income security.
- 4-meter wide frontage with valuable rear-lane access and parking via Peaker Lane.
Executive Summary
Positioned along one of Sydney’s most distinguished retail precincts, 146 and 148 Queen Street present an exceptional opportunity for investors seeking long-term security and growth. Offered in one line or individually, these two freehold assets hold strong street presence on a highly coveted Woollahra strip renowned for its boutique ambience and enduring appeal. The properties are currently tenanted and trading as a going concern, ensuring immediate cash flow while providing remarkable upside for future repositioning.
These assets occupy a tightly held corridor favored by national and international luxury brands, acclaimed restaurants, and neighborhood landmarks. The backdrop of Woollahra’s affluent demographic profile offers enduring demand for premium retail space, further buoyed by significant barriers to entry due to limited availability in the area. Rear lane access via Peaker Lane with on-site parking elevates operational convenience, while frontage along a sought-after high-street environment ensures strong visibility to a consistent flow of pedestrian and vehicular traffic.
With Expressions of Interest closing at 4:30 PM on Tuesday, May 26, 2026 (unless sold prior), this sale represents a generational chance to secure a property with compelling rental growth potential and unique repositioning prospects in one of Sydney’s most prestigious village markets.
These assets occupy a tightly held corridor favored by national and international luxury brands, acclaimed restaurants, and neighborhood landmarks. The backdrop of Woollahra’s affluent demographic profile offers enduring demand for premium retail space, further buoyed by significant barriers to entry due to limited availability in the area. Rear lane access via Peaker Lane with on-site parking elevates operational convenience, while frontage along a sought-after high-street environment ensures strong visibility to a consistent flow of pedestrian and vehicular traffic.
With Expressions of Interest closing at 4:30 PM on Tuesday, May 26, 2026 (unless sold prior), this sale represents a generational chance to secure a property with compelling rental growth potential and unique repositioning prospects in one of Sydney’s most prestigious village markets.
Property Facts
| Sale Type | Investment | Individually For Sale | 2 |
| Status | Active | Total Building Size | 3,250 SF |
| Number of Properties | 2 | Total Land Area | 0.06 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 3,250 SF |
| Total Land Area | 0.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 148 Queen St, Woollahra NSW 2025 | Retail | 1,668 SF | - | - |
| 146 Queen St, Woollahra NSW 2025 | Retail | 1,582 SF | - | - |
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146 & 148 Queen St
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