384 Pakington Street, Newtown, Vic 3220

Commanding a prominent position on Pakington Street, this substantial Newtown property presents an unusually versatile proposition for those seeking more than a conventional commercial asset.

Set across approximately 688m², the property combines a substantial existing residence with an expansive rear workshop, significant vehicle accommodation and valuable rear lane access. The result is a property capable of accommodating a diverse range of commercial, professional and owner-occupier ambitions, while retaining the flexibility of its residential component.

The Mixed Use Zoning further underpins the property's appeal, providing a compelling platform for businesses, investors and purchasers looking to establish themselves within one of Geelong's best-known inner-city precincts.

A Property of Two Distinct Components. The existing residence provides approximately 139m² of accommodation, with three bedrooms and a series of well-sized internal spaces that can be retained, refreshed or adapted according to the purchaser's requirements.

Rather than a traditional residential configuration, the floorplan offers a useful collection of spaces that could readily support a combination of living, administrative or professional functions. A central lounge, meals area and sunroom are complemented by a practical kitchen, additional WC and multiple points of access.

To the rear, the scale changes considerably. A 313m² (approx.) workshop and garage occupies a significant portion of the site, incorporating a mezzanine and providing the kind of volume and functionality rarely available along a high-profile inner-city commercial strip.

Combined with extensive hardstand, substantial parking and rear lane access, the rear of the property offers exceptional operational capability. Whether for storage, a trade-based business, vehicle requirements, studio use or a more sophisticated commercial fit-out.

The separation between the front accommodation and rear improvements creates an inherent versatility that opens the property to multiple possibilities.

Key Property Highlights:
- Approximately 688m² of land
- Mixed Use Zoning
- Prominent Pakington Street frontage
- Access to Warehouse from Polar Lane
- Approximately 139m² existing residence
- Three bedrooms and multiple adaptable living areas
- Lounge, meals area and sunroom
- Functional kitchen and additional WC
- Approximately 313m² rear workshop/garage with mezzanine level
- Extensive on-site parking
- Long driveway access
- Rear lane connection
- Separate courtyard
- Multiple points of entry
- Strong separation between front and rear components
- Significant potential for commercial or professional adaptation (STCA)

There is a certain rarity to properties that combine land, exposure, access, parking, existing improvements and mixed-use flexibility in a location as established as Newtown.

For an owner-occupier, the property offers the opportunity to bring business operations to a highly visible address. For an investor, it presents a substantial asset with scope to reposition and add value. For those with a longer-term vision, the scale and zoning provide an intriguing foundation for future possibilities, subject to the necessary approvals.

With Pakington Street providing an established commercial and lifestyle setting and Newtown continuing to attract strong residential and business demand, 384 Pakington Street represents an opportunity to secure a substantial and adaptable holding with a commercial profile well beyond its current use.

A prominent address. A substantial landholding. A property with genuine scope to shape its next chapter.

To discover the possibilities at 384 Pakington Street, contact the Gartland team today.