220 Pakington StreetGeelong West VIC 3218
Property Details for 220 Pakington St, Geelong West
Last Listing description (November 2023)
Welcome to 220 Pakington Street, Geelong West! This remarkable property offers a fantastic opportunity for those seeking an investment in a prime location.
Situated in the heart of Geelong West, this property boasts a highly sought-after address, that is sure to attract attention. With its vibrant surroundings and bustling atmosphere, this area is known for its thriving retail scene and strong foot traffic.
The property itself is a generous retail space, perfect for a variety of businesses. Currently tenanted with two retail stores. Upstairs contains a three-bedroom apartment, which is vacant currently. However, could be rented out for a third income.
In addition to its prime location and versatile layout, this property also offers great value. This is an excellent investment opportunity for those looking to enter the retail market or expand their existing portfolio.
Key features;
Two shop fronts
Vacant Residential apartment upstairs
Building size - 190m2 (approx.)
Tenanted investment
Commercial 1 Zone
Don't miss out on the chance to secure this exceptional retail space in Geelong West. Contact us today to arrange a viewing and see for yourself the potential that this property holds.
Property History for 220 Pakington St, Geelong West, VIC 3218
- 09 Sep 2023Sold for $2,600,000
- 24 Aug 2023Listed for Sale Contact Agent
- 11 Jun 2011Listed for Sale $1,100,000 - $1,200,000
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About Geelong West 3218
The size of Geelong West is approximately 2.3 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Geelong West in 2011 was 6,682 people. By 2016 the population was 6,976 showing a population growth of 4.4% in the area during that time. The predominant age group in Geelong West is 20-29 years. Households in Geelong West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong West work in a professional occupation. In 2011, 58.5% of the homes in Geelong West were owner-occupied compared with 57.4% in 2016.
Geelong West has 4,741 properties.
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