327 Shannon Avenue
NEWTOWN

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Special Residential/Commercial Freehold Investment

Positioned within a well renowned residential area, this commercial stone building has operated under a number of different guises throughout the years.

Built Circa 1895 originally for transport purposes (Cobb & Co), the premises has also seen use as a grocery store (Hoopers), builder’s premises (H Leech), antique shop (Redpath’s) and most recently a commercial leasehold with one of Geelong’s leading Florists (Judy Chirnside Flowers).

Offering a diversity of internal spaces and a residential zoning, this unique property presents as an excellent investment/development opportunity for a number of reasons.

• High profile position in a prime residential suburb
• Classic stone building with excellent corner access
• Ideal for creative commercial and/or residential development (STCA)
• Building and land areas: 350m2
• Zoning: General Residential Zone 2

Terms: 10% deposit, balance 30/60 days, price plus GST