Gartland is pleased to present 53-55 Pakington Street, Geelong West, a freehold opportunity positioned along one of Geelong's most tightly held and high-performing retail strips.

Located on the prominent Pakington Street, renowned for its strong vehicular and pedestrian traffic, this property offers an exceptional investment proposition with secure income and significant long-term upside. The corner site configuration, combined with a favorable zoning and demolition clause, provides genuine future redevelopment potential (STCA), making it equally appealing to investors and developers alike.

Underpinned by a strong rental return and flexible lease structure, this is a compelling opportunity to secure a strategic holding within one of Geelong's most sought-after lifestyle precincts.

Property Features:

• Annual Rental Return of $103,000 per annum + GST + Outgoings

• 5 Year Term commenced August 2022 with 2 Further Term of 5 Years

• Corner site prime for redevelopment with demolition clause

• Building Area 482sqm approx.

• Land Area 873sqm approx.

• Commercial 2 Zone

Contact us today to arrange an inspection.