Federal Budget 2026: what it means for you in the property market

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The trends, features 
and suburbs defining 
luxury in 2026

Property main details

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Home For Sale

$2,000,000 - $2,200,000
  • House

Specifications

  • Property Type
    House
  • Land
    688 m2

Pakington Street Opportunity with Mixed Use Zoning

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.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

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If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

384 Pakington Street Newtown 3220, Victoria
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