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Investment Highlights

  • Prime corner freehold at Queen Street and Oxford Street in Woollahra’s exclusive village precinct.
  • Strong gross rental income of approx. $865,277 per annum from retail and residential components.
  • Secure parking allocation with five car spaces and three lock-up garages.
  • Diverse tenancy mix providing 14 separate income streams.
  • Recently refurbished throughout, ensuring low ongoing maintenance requirements.
  • Anchored by long-standing premium retailers under robust lease terms.

Executive Summary

Knight Frank proudly presents Centennial Flats at 2A–14A Queen Street, Woollahra—a once-in-a-generation landmark freehold asset with unmatched positioning in one of Sydney’s most prestigious lifestyle precincts. Holding a commanding corner presence at the intersection of Queen Street and Oxford Street, this rare investment opportunity combines heritage appeal, diversified income streams, and long-term capital growth fundamentals.
Comprising 14 income-producing tenancies, the property includes four tightly held ground-floor retail shops anchored by premium local operators, complemented by 10 fully refurbished residential apartments (eight two-bedroom and two one-bedroom units). Additional residential amenities include five on-site car spaces and three secure lock-up garages with storage, enhancing desirability and functionality for occupants.
With an impressive gross passing income of approx. $865,277 per annum, Centennial Flats offers stability through strong lease covenants and a proven rental track record. The asset’s prime position in Woollahra’s established village centre provides unrivalled connectivity to Sydney’s CBD and Eastern Suburbs, underpinning sustained demand from both retail and residential tenants.
This trophy, low-maintenance freehold represents a rare opportunity to secure a high-performing, prestige property in an area synonymous with affluence and scarcity of supply.

Property Facts

Sale Type Investment
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 11,571 SF
No. Stories 3
Parking Ratio 0.43/1,000 SF
  • Listing ID: 40517393

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 2A Queen St, Woollahra, NSW 2025

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