Positioned for maximum exposure and exceptional flexibility, 384 Pakington Street, Newtown delivers a rare opportunity to secure a substantial 688m (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:
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The size of Newtown is approximately 5.8 square kilometres. There are 20 parks, covering nearly 17.4% of the total area. The population of Newtown in 2016 was 10155 people. By 2021 the population was 10445 showing a population growth of 2.9% in the area during that time. The predominant age group in Newtown is 10-19 years. Households in Newtown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation.In 2021, 69.20% of the homes in Newtown were owner-occupied compared with 69.60% in 2016.
Newtown has 5,807 properties. Over the last 5 years, Houses in Newtown have seen a 1.79% increase in median value, while Units have seen a 1.08% increase. As at 31 August 2026:
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