317 Pakington Street, Newtown, Vic 3220

Darcy Jarman is excited to offer 317 Pakington Street, Newtown for sale via Public Auction on Thursday 5 December at 12pm on site.

Presenting a fully leased investment opportunity in Geelong’s most exclusive retail and commercial precinct, perfectly located in the sought-after "Paris End" of Pakington Street.

The opportunity includes two thriving tenants on three year leases, delivering a secure, dual income stream in a premium Newtown location.

Investment Highlights:
• Prime freehold investment opportunity, home to SAS Design & Newtown Provedore
• Lease Details: Both tenants on three (3) year lease terms with options
• Combined Income: $83,000* pa net plus GST (as at May 25')
• Land Area: 389sqm* with surplus, underutilised rear land
• Neighbouring a mix of boutique and national retailers including Kookai, Seed, Decjuba, Cosh Living and Cremorne Hotel
• Location: Premium city-fringe location, ideally positioned to benefit from the vibrant local atmosphere and the growing residential population in Geelong’s marquee suburb of Newtown.

Geelong remains one of the fastest-growing cities in the nation, with a population expected to be 510,000 by 2050 (currently 280,000).

Inspections are via appointment only, to arrange please contact the below agent:
Tim Darcy +61 418 522 523
Andrew Prowse +61 418 534 076