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Premium Freehold Investment Newtown
Gartland is excited to present 2 & 3/318 Pakington Street, Newtown, For Sale.
• One (1) year lease commencing 1 November 2026
• Established tenant - Hayswinckle Real Estate
• Positioned within Newtown's vibrant retail precinct
This exceptionally presented investment opportunity occupies a prominent position along Pakington Street, one of Newtown's most prestigious commercial strips. The property benefits from excellent exposure and visibility to passing vehicular and pedestrian traffic.
Key Features:
• First-floor office accommodation
• Total area of 178sqm*
• One (1) year lease commencing 1 November 2026
• One (1) further option of one (1) year
• Current passing rent: $46,000 per annum + GST Net
• Located within a highly sought-after commercial precinct
Surrounded by an established mix of national retailers, including Country Road, MECCA and DECJUBA, the property is further enhanced by its proximity to popular cafes, restaurants, wine bars and other lifestyle amenities.
This is an excellent opportunity for investors seeking to secure a well-appointed commercial investment in one of Geelong's most tightly held retail locations.
To explore this opportunity further, contact Gartland team for additional information.
*Approximately
It’s all in the detail.
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