Studio61 Boutique Consignment Terms & Conditions

Welcome to Studio61’s consignment partnership. Our collaboration begins from the moment you drop off your items at our store at 61 West Street, North Sydney NSW 2060.

By consigning with Studio61 Boutique, you acknowledge and agree to these terms.

Thank you for entrusting us with your pieces.

By partnering with Studio61, you’re entrusting us with the opportunity to give your preloved items a new lease on life. We’re dedicated to handling your items with care and ensuring they find a new home through our extensive marketing and sales channels.

Consignment Payout Rates

The rate is calculated on the final selling price of the item.

Items under $300: You earn 45% of the final sale price.
Items $300–$1,999: You earn 50% of the final sale price.
Items $2,000–$3,999: You earn 60% of the final sale price.
Items $4,000–$7,999: You earn 70% of the final sale price.
Items $8,000 and above: You earn 80% of the final sale price.

If an item sells below the original pricing band, the originally agreed payout percentage still applies.

Our service operates on a transparent sale-or-return model. Payouts are issued every two weeks, with final settlement at the end of the 8–16 week consignment period.

Online vs In-Store Sales

Studio61 sells items both in-store and online, however not all items are listed online.

Due to the additional costs involved in photography, image editing, listing preparation, advertising and platform fees, online listings are generally reserved for high-end designer and luxury items.

Many items, particularly mid-range brands and lower price points, are displayed and sold exclusively in our physical store at North Sydney.

All items still receive the same care, merchandising and sales attention within the store environment.

Online Mark-Up

For online consignment items only, Studio61 applies a 15% end-buyer paid mark-up to the agreed split price. This mark-up helps cover photography, image editing, preparing and managing online listings, online platform fees, payment processing fees, online advertising and marketing costs. This does not affect your agreed split price or payout, as the online mark-up is paid by the final buyer.

Preparation & Handling Charges

Occasionally, a small preparation charge may be added where required to cover additional work such as spot cleaning and additional handling. This usually applies to items that crease easily and require significant preparation. These charges do not affect your agreed payout.

Consignment Terms

1. Commencement
Our consignment relationship begins on the day you drop off your items at Studio61.

2. Item Documentation
Consignors must complete a drop-off form listing the items included in their batch.

3. Sales Channels
Studio61 may promote and sell items through our physical boutique in North Sydney, our website, eBay, Instagram and Facebook. Items may be sold in Australia or internationally.

4. Online Listing Selection
Studio61 determines which items are suitable for online listing. Higher-value designer and luxury items are prioritised for online sale due to the additional costs involved.

5. Liability
Studio61 assumes responsibility for loss or damage while items are in our care.

6. Ownership
Items remain the property of the consignor until sold.

7. Pricing Agreement
Pricing is agreed between Studio61 and the consignor before sale.

8. Price Integrity
Studio61 will not sell items for less than 80% of the agreed price without your consent, which may be provided verbally, via text, or by email.

9. eBay Listings
For eBay listings we may increase the listing price by up to 20% as part of our eBay pricing and sales strategy. This allows us to negotiate a final price with potential buyers.

10. Pricing Strategy for Unsold Items
Items under $300 are reduced by 20% after 4 weeks and by 30% after 6 weeks if unsold. If items are still unsold after 8 weeks, we will obtain your permission to reduce by 50%. For items over $300, we will contact you before applying a 30% reduction unless this has been agreed in advance.

11. Authentication of Luxury Goods
Luxury goods may require third-party authentication. Where applicable, the authentication cost may be added to the selling price, or charged upfront at cost for certain brands such as Hermès or Chanel.

12. Consignment Period
Items are consigned for 8–16 weeks. If you withdraw an item that has already been listed online during this period, a $40 fee per item applies to cover listing costs.

13. Customer Returns
Returned items are reinstated into your consignment inventory and payout balances adjusted accordingly.

14. Sales & Payout Notifications
Sales notifications are issued 24 hours after a sale.

Payout notifications are issued 14 days after domestic sales and 21 days after international sales. Payments are issued within seven days of notification.

15. Final Payout
Final payout is processed after unsold items have been collected, unless alternative arrangements have been agreed.

End of Consignment Period

Collection Process
At the end of the consignment period, you will receive a pick-up notification email with a link to schedule a collection appointment. Collections can be booked via our system. If preferred, you may choose to donate unsold items to charity, or accept a $10 buyout per item for our Super Sale Rack.

Storage & Responsibility

If items are not collected within two weeks of notification, we will send a reminder. Items may then be moved to storage. Once in storage, Studio61 assumes no responsibility for loss or damage. Items must be collected within 6 weeks of the original notification.

Uncollected Items

Items not collected within 2 months, unless otherwise agreed in writing, may be donated to a women’s shelter, women’s charity or local charity shop.

 

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Store Location

Studio61 Boutique

61 West Street

North Sydney

NSW 2060

0416 461 161

 

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