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

Kyneton stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Kyneton over the last 12 months.

Local market activity for 7 bedroom houses in Kyneton

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