Geelong West 150-152 Shannon Avenue

An exciting retail development opportunity in the heart of vibrant Shannon Avenue (Manifold Heights shopping strip) provides enormous scope and possible retail/residential mix (STCA), in this established yet advancing retail precinct. Possible vacant possession ensures the options remain endless! Recent development of two major supermarket outlets only metres away provide great exposure for any retail or commercial venture, while possible development (STCA) ensures value is immediately enhanced. The current retail space is a well established veterinary clinic consisting of large reception/waiting area with two consulting rooms and additional clinical spaces. This existing layout would suit other business types including allied health services or finance professionals.

The existing timber Californian bungalow remains in original condition consisting of lounge and adjoining kitchen, one bedroom, large central bathroom and laundry. Side vehicle access to the rear of the block is securely gated and a smaller courtyard space to the front of the property adjoins the shop front. Construction to connect the brick retail space to the timber cottage has been undertaken over previous years as well as updates to the retail space. Many endearing period elements, quite highly sought after within these city fringe suburbs, include beautiful stained glass windows, one taking pride of place within the reception space of the shop front.

The deep allotment and empty rear yard provide excellent scope for extension of the existing dwelling to create a comfortable city fringe abode perfect for those wishing to work from home with excellent retail exposure.

522 sq m approx. with 14 metres of prime Shannon Avenue frontage. Fantastic retail exposure with two major supermarket chains nearby. Vacant possession available. Vehicle access to rear of property. Large yard provides scope for further extension/development (STCA). Current veterinary practice consisting large reception/waiting area and two consulting rooms. Existing one bedroom residence with period features and established fruit orchard.

10% deposit, balance 60/90 days

Land: 524 sq m approx.