85 Pakington Street, Geelong West VIC 3218

Set on approx. 735sqm of prime land at the cosmopolitan Geelong West end of Pakington Street, this unique property holds rare potential for a business owner or investor. Full of period charm, the residence and attached retail space boast wide frontages to Pakington Street, as well as rear access to Bread Street with a 6 car private parking bay. The vibrant, eclectic lifestyle offered is second to none!
The location is zoned Business 1 and neighbours a diverse array of established businesses. The property is multi-faceted and includes; a substantial 3 BR residence, an external home office/studio with storeroom, a DLUG with workshop space and loft storage and the attached retail space. The retail space boasts approx. 100sqm of retail display and office area including a kitchenette, toilet and laundry. This space also features a separate rear courtyard with direct access to the Bread Street parking bay.
This package is ideal for a professional business owner, especially a specialized practise. The convenient design would also strengthen the business of an owner-occupier. Importantly, the shop is a highly sought-after rental space currently leased with ongoing interest. The prime location, large land area, dual frontages and rear access offer endless development potential (STCA).
The home's Californian bungalow-style facade fronts a treasure-trove of period charm. Decorative mouldings, pressed tin panelling, feature fireplaces in bedrooms, the lounge and dining room are some of the many elegant features. The central hallway and lounge feature original Baltic pine floorboards. The kitchen is immaculately kept with spacious timber cabinetry and quality appliances. Classic bathroom fixtures include a large shower, corner spa bath, vanity and toilet. Laundry with 2nd toilet. Outdoor living spaces include the elegant front porch and a protected rear entertaining deck. Recently re-stumped, re-wired, re-roofed and re-plumbed.
Overall, this property presents as a savvy investment with strong capital growth potential. Enjoy success here on Geelong West's premier retail strip!