Shops 4 & 5, 321-327 Pakington Street,
Newtown, VIC 3220

Shops & Retail

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Map of Shops 4 & 5, 321-327 Pakington Street

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Freehold Auction

Set within a proven retail complex and occupying a prime corner location, this attractive 'going concern', occupying both titles, is not to be missed.

The 'Newtown end' of Pakington Street has continued to thrive offering high profile retail exposure and consistent foot traffic, so make the most of this excellent freehold opportunity.

• Shops 4 & 5 (two titles)
• Combined building area: 88m2
• Current rental: $48,000
• Lease term: 5 years
• Courtyard sublease included
• 2 owners corporation carparks

Auction: Thursday, November 10 @ 2pm, open 30 minutes prior.

Newtown, 3220 demographic data

The median household income for Newtown is $2,092, 51% higher than Regional Victoria's household income of $1,386. Newtown has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 45% of property owners in Newtown have a mortgage.

10,445

Population

$2,092 per week

Median household income

40 years

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