This property presents a rare and exciting opportunity to secure a Mixed Use zoned site allowing for either residential or commercial use, positioned in the highly popular river-end of Pakington Street, with cafes, shops and the beautiful Barwon river at your doorstep. Situated on 408sqm approx. of land with rear access, no easements or heritage overlay. There is endless potential to renovate and extend the character home, redevelop and build a stunning new home or use the property commercially (subject to council approval), the choice is yours! The Californian bungalow home has an ideal floorplan with potential to create the ultimate contemporary home, featuring sizable rooms throughout, high ceilings, three bedrooms, a living space, kitchen/meals area and a central bathroom. Outside features a backyard with an abundance of scope that can be conveniently accessed via a rear lane. Enjoy the wonderful lifestyle that the Pakington Street shopping precinct provides, positioned close to Newtown's primary and secondary schools, Kardinia Park, South Geelong Train Station and only a short drive into the Geelong City and waterfront. Don't let this truly rare opportunity pass you by!