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Back 31 Mostyn Street
Off Market

31 Mostyn Street

Castlemaine VIC 3450

2
1
272 m²
142 m²
House
Last sold for $890,000
Jeremy BottomleyJeremy Bottomley, last sold this property on 06 March 2026 after 94 days on market.

Overview

Historic Commercial Premises with Integrated Residence

Rich in local history and character, this striking c.1850s building offers an opportunity to secure a high-profile commercial property with an upstairs residence, right in the heart of Castlemaine's vibrant retail precinct. Originally home to Wm. Niebuhr Cabinetmaker (18571887), where furniture and undertaking services were provided, the building later housed Victoria Dispensary under G.P. Philpots in 1882. Today, it stands as a unique blend of heritage charm and modern versatility. Property Highlights > Prime Location: High-exposure shopfront with excellent street presence in Castlemaine's historic town centre. > The property is securely leased until October 2028 for $44,760 per annum plus out goings or sold with vacant possession. > Generous Footprint: Approx. 272 sqm building area with a flexible layout to suit retail, consultancy, creative, or hospitality ventures, and a distinctive live/work lifestyle. > Commercial Space: Large open retail/showroom area plus three private offices and storage. > Residential Comfort: Self-contained upstairs residence featuring a kitchen, bathroom, and toilets. > Period Features: High ceilings, original fireplaces, and heritage windows enhance the sense of space and character. > Additional Advantages: External rear access for convenience and functionality. > Restoration Potential: Upstairs residence offers scope for renovation to create a truly bespoke living space. > Lifestyle Appeal: Overlooks Victory Park and is within walking distance to cafes, shops, transport, and Castlemaine's historic attractions. > Mixed-Use Zoning (STCA): Ideal for investors, owner-occupiers, or dual-use configurations. This property represents an exceptional opportunity to own a piece of Castlemaine's history while enjoying the flexibility of commercial and residential use, all in a premium central location.

Features

2 bedrooms
1 bathroom
272 m² floor area
142 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Castlemaine over the last 12 months, the estimated median property value of 31 Mostyn Street is $636k.

Median value
$636k
Estimated value range
$415k - $2.8m
Median days on market
87
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Castlemaine. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31 Mostyn Street

2026
Sold
$890,000
Private Sale/Treaty on 06 Mar 2026 by Jeremy Bottomley, of Cantwell Property Castlemaine

Happy sellers in Castlemaine

95%
95% of sellers in Castlemaine reported that their sale price either exceeded or met their price expectations.

Castlemaine stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Castlemaine over the last 12 months.

Local market activity for 2 bedroom houses in Castlemaine

In the last 12 months, 37 two-bedroom houses similar to 31 Mostyn Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Castlemaine

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Rob Waller

Rob Waller is an award winning recommended agent for Castlemaine.  They have 33 local sales and collected 20 local reviews across the last 12 months.

  •   4.9   (117 reviews)
  •  20 Reviews in Castlemaine
  •  33 Sales in Castlemaine
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Blasi Mulholland

Blasi Mulholland is an award winning recommended agent for Castlemaine.  They have 14 local sales and collected 10 local reviews across the last 12 months.

  •   5   (96 reviews)
  •  10 Reviews in Castlemaine
  •  14 Sales in Castlemaine
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Di Selwood

Di Selwood is a recommended agent for Castlemaine.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (50 reviews)
  •  3 Reviews in Castlemaine
  •  2 Sales in Castlemaine
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Narelle Waller

Narelle Waller is a recommended agent for Castlemaine.  They have 6 local sales and collected 1 local review across the last 12 months.

  •   4.9   (18 reviews)
  •  1 Review in Castlemaine
  •  6 Sales in Castlemaine
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