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Colliers - Geelong

149B-151 Pakington Street Geelong West, VIC 3218

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149B-151 Pakington Street,
Geelong West, VIC 3218

Shops & Retail • Offices • Other

Key property information

Land area

Floor area

Zoning

Tenure type

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Map of 149B-151 Pakington Street

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Prime Geelong West Opportunity

  • Potential to create dual income streams
  • Redevelopment opportunity^
  • Dual frontage
Colliers is excited to bring to auction this prime commercial opportunity in vibrant Pakington Street. First time offered to the market in 44 years.

The opportunity:
- Land area 327m²*
- Vacant combined commercial area 150m²*
- Kitchenette and facilities
- Suit range of uses^
- Rear carparking
- Commercial 1 Zone

The property comprises two separate buildings. The front building comprises of approx. 60m²* of open plan space, ideal for retail/hospitality^. The rear building comprises a mix of open plan/private commercial space, kitchen, and bathroom amenities. The two buildings are linked by a central courtyard. Both buildings are vacant, providing flexibility to occupy, part occupy or redevelop^. Onsite rear parking, plus the bonus of being adjacent to the public carpark.

The location:
- Premier Pakington Street position
- Every lifestyle amenity within walking distance
- Vibrant strip known for its boutique shops/café's

This prime position offers the opportunity for exceptional branding and exposure, with high continuous foot traffic, adjacent to major retail and hospitality brands

For Sale by Public Auction Thursday 6th March 2025 (onsite) at 12noon (AEDT) .

For further information or to arrange an inspection, please contact Colliers agents Jonathon Lumsden on 0402 213 5..., Ned Tansey on 0492 892 1... or Jackson Carrick on 0428 879 9....

*Approximately
^Subject To Council Approval (STCA)

Geelong West, 3218 demographic data

The median household income for Geelong West is $1,797, 30% higher than Regional Victoria's household income of $1,386. Geelong West has a younger age profile compared to the rest of Regional Victoria (median age 36 vs 43). Property ownership data shows 51% of property owners in Geelong West have a mortgage.

7,345
Population
$1,797 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households

Colliers - Geelong

Level 5/100 Brougham Street
GEELONG, VIC 3220
Colliers - Geelong
149B-151 Pakington Street
Geelong West, VIC 3218

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