Paddo sale to mark the end of an era

The Sunday Telegraph (Sydney) - - REALESTATE -

DE­SIGNER Col­lette Din­ni­gan is selling her first ever Syd­ney store. It was 1992 when, in her mid-20s and liv­ing above the shop, she moved her busi­ness into the Wil­liam St, Padding­ton premises.

It wasn’t long be­fore her lin­gerie col­lec­tion was sold to depart­ment stores, such as Bar­neys New York and Har­vey Nichols in Lon­don.

Din­ni­gan bought the bou­tique space for $625,000 in 1998, va­cat­ing it when she re­lo­cated to a Queen St site, which closed in 2014. The clo­sure was due to her de­sire to seek new ad­ven­tures out­side fash­ion, which in­cludes hon­ing in on prop­erty with her hus­band Bradley Cocks.

Din­ni­gan’s shop has a $1.7 mil­lion guide for its July 7 auc­tion through BresicWhit­ney agent Ivan Bresic.

“Yes, it is a very emo­tional de­ci­sion and cer­tainly marks the end of an era,” Din­ni­gan told me. “Wil­liam St was good to me and gave me the ex­po­sure I needed in the Aus­tralian mar­ket to build my brand.

“It’s such a fan­tas­tic area for lo­cal ar­ti­sans and up-and-com­ing de­sign­ers and be­spoke re­tail­ers.

“I still drive in from the South­ern High­lands and make Ali­men­tari (the deli) at the bot­tom of Wil­liam St my first stop. In­te­ri­ors and home is what ex­cites me at the mo­ment and I am hav­ing lots of fun with projects in Aus­tralia and Italy.

“Al­though it’s tak­ing a lit­tle longer than an­tic­i­pated, Bradley and I hope to launch Din­ni­gan Cocks Be­spoke Homes later in the year.”

Since she de­parted the 33 Wil­liam St space, the oc­cu­pants have in­cluded Bai­ley Nel­son op­tometrists.

The fash­ion street’s most re­cent ten­ants are Mara & Mine — the shoe shop launched by Jas­mine Yar­brough, the fi­ancee of TV’s Karl Ste­fanovic, and her best friend Ta­mara Ing­ham.

The street’s re­cent sales in­cluded an orig­i­nal mixed-use zoned Vic­to­rian ter­race for $1.55 mil­lion which had a $1.4 mil­lion buy­ers guide — and an­other fetched $1.9 mil­lion, up on its $1.7 mil­lion trade in 2016.

Col­lette Din­ni­gan kicked off her stel­lar ca­reer in fash­ion at the shop (inset).

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