14-16 Mostyn Street, Castlemaine, VIC 3450 | Jellis Craig

14-16 Mostyn Street, Castlemaine

The ultimate Castlemaine central location

This is a rare opportunity to secure the freehold of one of Castlemaine's most high profile and well located commercial sites.

A local business landmark, this large inner-town property comprises of 3 separate lease holdings all on long term agreements, with the opportunity to add a fourth. Accommodation is also ready made with bathrooms and laundries in two of the existing dwellings.

The property also lends itself perfectly to future development of townhouses or apartments (STCA) with the rear shed being the ideal location for a coffee roasting house or micro-brewery.

With a short walk to supermarkets and train stations, the possibilities really are endless.

Currently returning a rent of $62,643.80 p.a. with a fourth lettable space estimated to return an additional $8,000.

  • If you are a resident from a Stage 3 lockdown area and are interested in this property, please contact us so that we can arrange a virtual tour instead. For more information about how we are navigating the current situation please visit https://www.jelliscraig.com.au/blog/coronavirus-updates.

  • Land size: 1,009 Square Metres approx.

  • Location

    Inspect the property

    Inspection by appointment

    Tom May

    Director & Auctioneer

    Jeremy Bottomley

    Sales Consultant

    Castlemaine Suburb Report

    A reliable snapshot of the property market in Castlemaine

    Property statistics

    *Data sourced from REIV

    Local schools

    14-16 Mostyn Street, Castlemaine
   - Floorplan 1