152-154 & 156 Pakington Street,
Geelong West, VIC 3218
Shops & Retail
Price information
Sold
$4,400,000
Key property information
Land area
Floor area
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A Rare Offering of Three Shops on Blue Chip Pakington Street
Set your sights on this prized offering on Geelong's most sought-after retail strip of three adjoining shops all with current leases in place.
152-154 Pakington Street leased by prominent and successful florist Mr Collins Florist and 156 Pakington Street leased by the highly regarded Village Door café/restaurant.
Three shops x one auction. A rare opportunity to purchase all three shops together in one transaction set on a large site of approximately 694 sqm with two street frontages.
- 156 Pakington Street (Village Door) land area 234sqm (approx.), floor area 200sqm (approx.). Current lease $39,000 per annum plus GST and outgoings, final term
- 152-154 Pakington Street (Mr Collins Florist) land area 459sqm (approx.), floor area 140sqm (approx.). Current lease $56,800 per annum plus GST and outgoings, term seven years with a further option of seven years
- Located in the heart of blue chip Pakington Street
- Geelong's premier retail strip surrounded by long standing businesses
- Rear access via car park
- High exposure site
- Zoning CZ1
- Suited to investors looking for high capital growth
- Potential for future development
152-154 Pakington Street leased by prominent and successful florist Mr Collins Florist and 156 Pakington Street leased by the highly regarded Village Door café/restaurant.
Three shops x one auction. A rare opportunity to purchase all three shops together in one transaction set on a large site of approximately 694 sqm with two street frontages.
- 156 Pakington Street (Village Door) land area 234sqm (approx.), floor area 200sqm (approx.). Current lease $39,000 per annum plus GST and outgoings, final term
- 152-154 Pakington Street (Mr Collins Florist) land area 459sqm (approx.), floor area 140sqm (approx.). Current lease $56,800 per annum plus GST and outgoings, term seven years with a further option of seven years
- Located in the heart of blue chip Pakington Street
- Geelong's premier retail strip surrounded by long standing businesses
- Rear access via car park
- High exposure site
- Zoning CZ1
- Suited to investors looking for high capital growth
- Potential for future development
Property ID: 504029847Last Updated: 30 May 2023
152-154 & 156 Pakington Street
Geelong West, VIC 3218
McGrath - Geelong | Newtown188 Moorabool St
GEELONG, VIC 3220
GEELONG, VIC 3220
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Pakington Strand Shopping Centre 95-103 Pakington Street,Geelong West, VIC 3218 5317 m²Shops & Retail • Development Sites & Land
