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Sales Assistant & Commercial Asset Manager
Offering exceptional flexibility and solid investment appeal, this centrally located double-storey brick commercial building presents a rare opportunity in one of Castlemaine’s most sought-after precincts. Set on approximately 100 m² of land with floor space of approximately 200 m², the property is positioned within the Commercial 1 Zone (C1Z) and benefits from excellent side and rear laneway access.
Currently leased to a secure long-term tenant until mid-2027, with a further four-year option, the property returns $36,000 + GST + Outgoings. Combined with its solid brick construction and new roof, it represents an attractive and low-maintenance, set-and-forget investment.
The ground floor comprises two generous open rooms ideally suited to retail, café or office use. The front room showcases a classic period shopfront with beautiful leadlight windows and prime exposure on busy Barker Street, while the rear section includes a WC, laundry and internal access to the upper level.
Upstairs offers four rooms along with a spacious kitchen and bathroom, presenting excellent potential to convert to a residential dwelling above a commercial tenancy (STCA). The versatility of the Commercial 1 Zone further enhances its suitability for redevelopment or mixed-use configurations.
Additional advantages include 3-phase power, commercial gas lines, strong street presence, a versatile internal layout with scope to reconfigure, and a prime position within a vibrant, high-foot-traffic part of town.
A standout opportunity for investors, owner-operators or those seeking a mixed-use project in thriving Castlemaine.
Inspection by appointment
Templeton Street Castlemaine
Castlemaine North Primary School
270 Barker Street Castlemaine
Winters Flat Primary School
Castlemaine Secondary College
Etty St Castlemaine
Olivet Christian College
Campbells Creek Primary School
Main Road Campbells Creek
Chewton Primary School
1 Hunter Street Chewton
Harcourt Valley Primary School
Wilkinson Street Harcourt
Sales Assistant & Commercial Asset Manager
