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PAKINGTON STRAND SHOPPING CENT/Pakington Street 95
Geelong West VIC 3218
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Sold on 30 Sep 2016

PAKINGTON STRAND SHOPPING CENT/Pakington Street 95 Geelong West VIC 3218

  • Shop & Retail
  • 6,076 m²
  • Sold

STRONG TRADING WOOLWORTHS ANCHORED NEIGHBOURHOOD SHOPPING CENTRE

    A dominant neighbourhood shopping centre of 6,076sqm* GLA, located within the heart of Geelong West's prime retail strip

    Prominently positioned on a 2.098ha site, the shopping centre is anchored by a full line Woolworths Supermarket and complemented by 14 speciality retailers

    Convenient at grade car parking for 307 vehicles* (5.7 cars/100sqm***)

    Opportunity for income enhancement through outgoings efficiencies, positive rental reversions and imminent percentage rental

    Servicing a vast catchment area of 37,110 people, being the only full line supermarket within the catchment**

    Servicing the most affluent demographic within the greater Geelong area, with a spending capacity 8% higher than the Victorian average**

    Fully leased net income of $1,889,000 pa*

    CAMPAIGN CLOSED

    Justin Dowers
    +61 438 098 805

    Mark Wizel
    +61 409 809 868

    Kevin Tong
    +61 422 848 818

    *Approx
    **Macroplan dimasi
    ***Excluding ropeworks building

    Property Highlights

    Date Sold30 Sep 2016
    Floor Area6,076 m²
    Land Area2.1 ha
    ParkingOn site parking available
    Property ID2012931868
    Category
    Last updated  3 Oct 2023
    Map for PAKINGTON STRAND SHOPPING CENT/Pakington Street 95 Geelong West VIC 3218

    Property Highlights

    Date Sold30 Sep 2016
    Floor Area6,076 m²
    Land Area2.1 ha
    ParkingOn site parking available
    Property ID2012931868
    Category
    Last updated  3 Oct 2023
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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