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Overview
Pakington Street Opportunity with Mixed Use Zoning
Positioned for maximum exposure and exceptional flexibility, this property at 384 Pakington Street, Newtown presents a rare opportunity to acquire a substantial holding of approximately 688 square meters. This site offers both residential comfort and significant commercial potential due to its Mixed Use Zoning.
The existing residence is a well-laid-out home featuring three spacious bedrooms and one bathroom. It includes multiple living zones such as a central lounge, meals area, and sunroom, all supported by a functional kitchen and an additional separate WC. The generous room sizes and practical floorplan provide immediate usability while also offering scope for modernization or reconfiguration to suit a variety of needs.
What distinguishes this property is the expansive rear infrastructure and access. A large workshop/garage with a mezzanine level, rear lane access, and extensive on-site parking create an ideal foundation for a home business, trades operation, or professional conversion, subject to council approval (STCA). The property features a separate courtyard, multiple entry points, and clear separation between the front residence and rear workspace, making it perfectly suited for office, medical, or consulting use.
Located on a high-visibility strip of Pakington Street, the property benefits from strong passing traffic, enhancing its commercial appeal. This is an exceptional opportunity to live, invest, or operate a business in one of Newtown's most prominent locations.
- House area approximately 139 square meters.
- Workshop area approximately 313 square meters.
- Expansive 688 square meter allotment with Mixed Use Zoning.
- Three spacious bedrooms with flexible layout potential.
- Multiple living areas including lounge, meals, and sunroom.
- Functional kitchen with adjoining meals space.
- Large rear workshop/garage with mezzanine level.
- Rear lane access enhancing functionality and logistics.
- Ample on-site parking with long driveway access.
- Courtyard area providing separation and versatility.
- Ideal for office, medical, or consulting use (STCA).
- High-exposure location with strong passing traffic.
- Exceptional opportunity to live, invest, or operate a business in a prominent strip.
All information provided is gathered from sources believed to be reliable; however, accuracy cannot be guaranteed. Interested parties should rely on their own enquiries.
Change History
| Headline | When |
|---|---|
| $2,500,000 | |
| $2,700,000 - $2,970,000 |
Location
Newtown VIC 3220
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 139 sqm |
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.