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384 Pakington Street

Newtown, VIC 3220, Australia
$2.50m
3 bed 1 bath 3 car688m²

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Area Price Guide
$2.35m$2.65m

Indicative price guide range

🏘️
65
Comparable
📊
$900,000
Area median
⚖️
+178%
vs median
📐
$3,634
Per m²
📏
688 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Positioned for maximum exposure and exceptional flexibility, 384 Pakington Street, Newtown delivers a rare opportunity to secure a substantial 688m² (approx.) holding with both residential comfort and significant commercial upside (Mixed Use Zoning). The existing three-bedroom, one-bathroom home is well laid out, featuring multiple living zones including a central lounge, meals area, and sunroom, supported by a functional kitchen and additional WC. Generous room sizes and a practical floorplan provide immediate usability while offering scope to modernise or reconfigure to suit a range of needs. What truly sets this property apart is the expansive rear infrastructure and access. A large workshop/garage with mezzanine, rear lane access, and extensive on-site parking create the ideal foundation for a home business, trades operation, or professional conversion (STCA). With a separate courtyard, multiple entry points, and clear separation between the front residence and rear workspace, the property is perfectly suited to medical, consulting, or office use, all within a high-visibility Pakington Street address. Key Features: • House Area: 139m2 Approx. • Workshop Area: 313m2 Approx. • Expansive 688m² (approx.) 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 one of Newtown's most prominent strips. All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property Features

    View full listing on Domain

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    Repayment calculator

    $12,120/month
    $6,060 /fortnight
    Loan $2,000,000 at 6.10% over 30 years

    Upfront costs

    Deposit$500,000
    Stamp duty$142,500
    Conveyancing (est.)$2,000
    Total upfront$644,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    3
    Land Area
    688m²
    Listed
    1 month ago

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