92 Pakington Street, Geelong West

Subscribe to regular market updates. - Potential to create multiple income streams - Potential combined return $90,000 - $110,000 p.a. + outgoings - Redevelopment opportunity - 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 -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. Ashby Primary School 2 Lawton Avenue Geelong West Petrel Street Geelong West St John's Lutheran School Geelong 33 Aberdeen Street Geelong Newtown Primary School Aberdeen Street Newtown Manifold Heights Primary School Strachan Avenue Manifold Heights Sacred Heart College Retreat Road Newtown Matthew Flinders Girls Secondary College Little Ryrie Street Geelong Holy Spirit Parish School 83 Minerva Road Manifold Heights Talbot Street Newtown Herne Hill Primary School 194-200 Church Street Geelong North 225 Church Street Geelong West Chilwell Primary School 313a Pakington Street Newtown 135 Aphrasia Street Newtown 13 Nicholas Street Newtown Geelong South Primary School 200 Yarra Street South Geelong Libau Avenue Bell Park Fyans Park Primary School 37 Cook Street Newtown Hamlyn Banks Primary School 2-24 Chaucer Street Hamlyn Heights North Geelong Secondary College 86 - 132 Separation St North Geelong 143-147 Separation Street Bell Park Ryrie Street East Geelong Kardinia International College 29-31 Kardinia Drive Bell Post Hill Bell Park North Primary School Barton Street Bell Park Belmont Primary School Mt Pleasant Road Belmont St Margaret's School 83 St Albans Road Geelong East Tate Street Primary School Geelong Tate Street Geelong East Roslyn Primary School Roslyn Road Belmont Montpellier Primary School Lambhill Crescent Highton Rollins Primary School Wolseley Grove Bell Post Hill Rotherham Street Belmont