512-560 Latrobe Boulevard, Newtown, VIC, 3220

SOLD

Colliers is excited to present For Sale 512-560 Latrobe Boulevard, Newtown.

A prized freehold offering buyers a rare opportunity to purchase a significant piece of Geelong’s history and forge the next chapter of this stunning building.

Sitting prominently on the Barwon River in Geelong’s tightly held Newtown, this character-filled red brick building comprises a significant landholding of 3,673 square metres* of Mixed-Use Zone and has been the home of Pegasus Antiques since 1988.

Bolstering the potential of this opportunity is the significant residential development located next door at 510a Latrobe Boulevard, currently awaiting government approval for proposed plans consisting of 23 townhouses, 57 apartments, café, pool and gym.

Key Features:

- Rare AAA Trophy Freehold  

- Unlimited Future Potential

- Favourable Mixed-Use Zone

- Potential Development Site (STCA)

- Significant 3,673 square metres* Landholding

- Building footprint of 3,000 square metres*

- Spectacular uninterrupted river views

- Month to Month Lease Returning $1,000 per week gross

512-560 Latrobe Boulevard is perfectly positioned as the next iconic Geelong redevelopment with favourable Mixed-Use Zoning, surrounded by residential developments and a newly refurbished Woolstores on nearby Pakington Street.

This rare opportunity presents as a perfect multi-level residential and retail development, taking advantage of uninterrupted views, increased demand for regional living and a flourishing tourism economy.

For Sale by Expressions of Interest Closing Tuesday 4 April 2023 at 2pm (AEST).

For more information please contact Colliers agents Chris Nanni 0438 306 361 or Ben Young 0407 296 679.

*Approx