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68-70 Pakington St 1,453 SF Office Building Geelong West, VIC 3218 For Sale
Investment Highlights
- Prominent 950 sqm corner landholding with existing improvements totaling approx. 135 sqm.
- Significant dual street frontage for enhanced visibility, accessibility, and efficient redevelopment design.
- High foot traffic and investor confidence underpinned by strong residential growth and regeneration in the precinct.
- Flexible Commercial 2 zoning with potential to rezone to Commercial 1 for expanded use (STCA).
- Embedded within Geelong West’s premier lifestyle strip near renowned retailers, hospitality venues, and established commercial services.
- Offered with vacant possession, ideal for development, repositioning, or bespoke owner-occupancy strategies.
Executive Summary
Knight Frank, in conjunction with McGrath Newtown, presents an exceptionally rare opportunity to secure a high-exposure freehold in the heart of Geelong West’s premier lifestyle precinct. Spanning 950 sqm with dual street frontages, this versatile property offers a compelling balance of immediate occupation potential, strong underlying land fundamentals, and outstanding long-term development upside.
Currently improved with a 135 sqm building, the property is zoned Commercial 2, allowing for an extensive range of business uses, with the added strategic advantage of potential rezoning to Commercial 1 (STCA). Such flexibility opens the door for a transformational mixed-use or retail-led development project, aligning with the broader vision of Geelong West as a thriving urban destination.
Surrounding amenity reinforces the appeal: the site is positioned moments from high-performing retail operators, vibrant cafés, and restaurants within one of Geelong’s most desirable lifestyle corridors. Elevated engagement from consistent residential growth, substantial private investment, and strong pedestrian traffic ensures dynamic future demand. Whether you are an owner-occupier, value-add investor, or developer, this is an opportunity to future-proof in one of the region’s most vibrant localities.
FOR SALE VIA EXPRESSIONS OF INTEREST
Closing: 4:00 PM, Friday 8th May (AEDT)
Currently improved with a 135 sqm building, the property is zoned Commercial 2, allowing for an extensive range of business uses, with the added strategic advantage of potential rezoning to Commercial 1 (STCA). Such flexibility opens the door for a transformational mixed-use or retail-led development project, aligning with the broader vision of Geelong West as a thriving urban destination.
Surrounding amenity reinforces the appeal: the site is positioned moments from high-performing retail operators, vibrant cafés, and restaurants within one of Geelong’s most desirable lifestyle corridors. Elevated engagement from consistent residential growth, substantial private investment, and strong pedestrian traffic ensures dynamic future demand. Whether you are an owner-occupier, value-add investor, or developer, this is an opportunity to future-proof in one of the region’s most vibrant localities.
FOR SALE VIA EXPRESSIONS OF INTEREST
Closing: 4:00 PM, Friday 8th May (AEDT)
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
1,453 SF
Building Class
C
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,453 SF
Building FAR
0.14
Lot Size
0.23 AC
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68-70 Pakington St
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