Pegasus Building

560 Latrobe Boulevard Newtown

Pegasus building: Heritage Elevated on La Trobe Boulevard

Set above the Barwon River, the Pegasus Building is a site rich in local heritage and architectural significance. Originally built as part of a larger industrial complex in the mid-20th century, the building served a variety of manufacturing and research roles—reflecting Geelong’s long-standing identity as a centre of innovation and industry.

Today, the Pegasus building stands as a proud reminder of that legacy—its robust, modernist structure repurposed for a new era. With elevated river views, abundant natural light, and a commanding position in one of Geelong’s most scenic corridors, the building offers unique appeal for professional services, education, and creative industries.

Now undergoing a considered renewal by our skilful team, Pegasus is being sensitively updated to meet contemporary standards while retaining the integrity of its original form. Located just minutes from Geelong’s CBD, and our Federal Mills precinct, it is perfectly placed for businesses seeking a location that’s both inspiring and connected.

Pegasus —where Geelong’s industrial past meets its professional future.

News article Here.

Gallery:

Architectural rendering of a redeveloped red-brick industrial building with large arched windows, modern balconies, landscaped surrounds, and street parking, part of a heritage adaptive reuse project in Geelong, Pegasus building owned and renovated by Hamilton group Geelong

Architectural rendering of Pegasus building - Newtown Geelong

Architectural renovation of an industrial building: before and after transformation showing conversion of a plain warehouse into a modern mixed-use commercial space with large windows, outdoor seating, and enhanced facade design. Pegasus Building renovation plans by Hamilton Group Geelong

Before and after plans for pegasus building - Geelong

Rendering of a renovated red-brick industrial building beside a riverside walking path, showing modern architectural elements like large windows, landscaped greenery, and nearby pedestrian bridge under a blue sky. Pegasus Building ideas by Hamilton Property Group

Rendering of pegasus building beside Barwon River - Newtown Geelong

Interior of a historic industrial warehouse with exposed red brick walls, timber trusses, and pitched wooden ceiling, featuring a rustic elevated wooden platform and arched window door. Pegasus Building Geelong

Internal view of Pegasus Building - Geelong

Red brick facade with steel sliding door, old set of armour at the front holding french flag, large black sign with white writing saying "PEGASUS" old concrete path runs across the front of the building, Pegasus Building being renovated by Hamilton Group Geelong

Large red brick facade of the Pegasus Building - Newtown Geelong

Side-by-side close-up of two bricked-in arched windows on a red-brick industrial building. The left arch includes a green and white "550" number sign, while the right arch features darker, weathered bricks with a partial concrete sill below. Pegasus building by Hamilton Property Group Geelong

Red brick facade at Pegasus Building - Barwon River Geelong

Floorplan:

Map

Want to know more? Call Cam:

Cam Hamilton, Hamilton Group Managing Director - 0412 927 229

Hamilton Group acknowledges the Traditional Custodians of the land on which we work and gather; the Wadawarrung people of the Kulin Nations, and their ongoing connection to the land, sea and community that surrounds us. We pay respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.

2022 UDIA Award Winner: Best Urban Renewal Project (National)
2021 UDIA Award Winner: Best Urban Renewal Project (Victoria)
2021 UDIA Award Winner: Best Regional Project (Victoria)

Sign-up to receive the latest project news and / or rental vacancies:

Pegasus Building