152-154 & 156 Pakington Street Geelong West VIC 3218

Set your sights on this prized offering on Geelong's most sought-after retail strip of three adjoining shops all with current leases in place.

152-154 Pakington Street leased by prominent and successful florist Mr Collins Florist and 156 Pakington Street leased by the highly regarded Village Door café/restaurant.

Three shops x one auction. A rare opportunity to purchase all three shops together in one transaction set on a large site of approximately 694 sqm with two street frontages.

- 156 Pakington Street (Village Door) land area 234sqm (approx.), floor area 200sqm (approx.). Current lease $39,000 per annum plus GST and outgoings, final term
- 152-154 Pakington Street (Mr Collins Florist) land area 459sqm (approx.), floor area 140sqm (approx.). Current lease $56,800 per annum plus GST and outgoings, term seven years with a further option of seven years
- Located in the heart of blue chip Pakington Street
- Geelong's premier retail strip surrounded by long standing businesses
- Rear access via car park
- High exposure site
- Zoning CZ1
- Suited to investors looking for high capital growth
- Potential for future development