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40 High Street

Kyneton VIC 3444

7
2
5
1307 m²
House
Currently for sale - view listing

Overview

"Former Colonial Bank, Circa 1863"

Completed in 1863 for the Colonial Bank and being offered for the first time in over 50 years, this prominent 2-Story brick building, designed in Italianate style by renowned architect Leonard Terry, has a commanding street presence and is a landmark to the entrance of Kyneton, offering the astute buyer a unique and rare investment opportunity. Zoned Commercial 1 and set on a generous 1,307 sqm, with an equally generous 26 metre street frontage, in the heart of Kyneton's retail precinct, this impressive building offers a multitude of uses, with a large shop & kitchen space at the front, recently used as a pizza restaurant, accommodation upstairs comprising of 4 bedrooms and a grand living room, and a separate 3 bedroom residence at the rear with 2 kitchens and spacious open plan living. Suitable for any commercial purpose, be it Restaurant, Bed & Breakfast, residential accommodation, retail, hospitality or medical, there are multiple potential income streams on offer, the possibilities are limited only by your imagination! Outside there is plenty of sealed off-street parking & vehicle access, shedding with concrete floor & power, a 5-kilowatt solar system and a laneway at the rear providing further access if required. An outstanding opportunity to own a piece of Kyneton's history featuring an iconic & historic landmark, on a large, centrally located, commercial site with plenty of upside & potential, in popular Kyneton, only one hour from Melbourne.

Features

7 bedrooms
2 bathrooms
5 carspaces
1307 m² lot size
House

Happy sellers in Kyneton

<50%
50% of sellers in Kyneton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in Kyneton over the last 12 months.

Local market activity for 7 bedroom houses in Kyneton

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