At 33 Pakenham Street, this is the eastern end of the Fowler building, the main entrance to which was in Henry Street.
The modern addition at the southern (left) end, at no. 35, adds another storey to the original one-storey brick building which provided entry.
There are twenty mailboxes on the exterior of no. 35, including one for the strata company, suggesting apartments. One of them sold in 2020 for $1.2mill.

Heritage Council page:
History
Bag Store associated with D & J Fowler Ltd. In 1985 it was occupied by Praxis, a performance centre for artists. In 1996 occupied by Deckchair Theatre.
Currently (2002), residential use.
Physical Description
Three-storey face brick building, with a zero setback from the pavement. There is an adjoining painted brick single story building on the south side. There is a pediment and 'D & J. Fowler. Ltd' is featured in the render below. There are nine large windows that are multi-spaned and pivot opening flanked by engaged pilasters that extend the height of the building.
as above
Garry Gillard | New: 6 December, 2021 | Now: 30 March, 2024