92 Pakington Street Geelong West VIC 3218

- Potential to create multiple income streams
- Potential combined return $90,000 - $110,000 p.a. + outgoings
- Redevelopment opportunity
- Dual Frontage
- Two Commercial Retail/Office Space total area approx. 200m²
- Retail frontage: approx 10 mtrs
- Shop 1 currently leased at $2,888.63/month ($34,663.56 p.a. + outgoings, current lease expiring 31st August 2027 with future 3-year option)
- Shop 2 vacant potential to occupy or lease
- Upstairs Residence separate entrance, four bedrooms, 1 bathroom, 1-Car Space with a potential rental income: $400$420 per week.
Mixed-Use Investment strong income potential from commercial & residential tenancies

The Location:
-Located in Prestigious Pakington Street, Geelong West
- Every lifestyle amenity within walking distance
- Vibrant strip known for its boutique shops/café's
- Minutes to Geelong CBD
- Excellent Project or Holding Opportunity in a tightly held corridor

The commercial properties comprise of 3 potential commercial tenancies. The ground floor comprises approx.200m2 of open plan space. The apartment upstairs has a separate entrance comprising of 4 bedrooms, 1 bathroom and 1 car space

This prime position offers the opportunity for exceptional branding and exposure with high continuous foot traffic, adjacent to major retail and hospitality brands. Ideal for Investors, Developers, Land-Bankers or Owner-Occupiers

For Sale by public Auction Thursday 29th May (onsite) at 1.00pm

DISCLAIMER: Please note that all information provided by Jellis Craig is in good faith and derived from sources believed to be accurate and current at the date of publication. Jellis Craig acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Jellis Craig will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.