96-98 Piper Street, Kyneton, VIC 3444 | Commercial for sale | OnTheHouse
 
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96-98 Piper Street
Kyneton VIC 3444

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 2433m2
Land area: 1035m2
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Landmark Building in the Historic Piper Street Precinct

A landmark holding within Kyneton's tightly held Piper Street precinct, the former Kyneton & District Co-Operative Butter Factory represents a rare opportunity to secure a substantial freehold with deep historical roots and a well established commercial footprint.
Constructed from rendered brick and bluestone and set on substantial bluestone foundations, the building comprises a series of interconnected spaces developed over time. The original corner store, dating back to circa 1863, sits alongside later additions including the main factory, stockroom and residence, creating a diverse and highly functional offering.
The Piper Street frontage extends across a single storey section, while the corner building rises to two storeys and incorporates a significant loft space. A bluestone cellar, original structural elements and remnants of the former butter factory machinery remain in place, adding to the character and authenticity of the property.
The adjoining Georgian residence (Garden Tap House) offers further versatility, currently operating as a high occupancy Airbnb. Comprising multiple bedrooms, living areas and period features including double sided fireplaces, it has been well maintained and provides an additional income stream.
Externally, the property benefits from multiple access points via Piper Street, Wedge Street and a secure rear laneway off Mitchell Street, opening to a substantial rear yard. The building has undergone significant restoration and repainting in recent years, ensuring it presents to a high standard.
The entire site is currently leased across a mix of established tenants, including café, retail, studio and workshop uses. The tenancy mix is well diversified, with long standing occupants and lease terms extending into the early 2030s, providing a secure and consistent income profile.
Key features include:
• Landmark commercial building within the historic Piper Street precinct
• Approximately 1,000 sqm under roof across multiple interconnected areas
• Four principal tenancies with additional sub tenancies in place
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Property Details for 96-98 Piper St, Kyneton

Building Type
Commercial
Floor Size
2433m2
Land Size
1035m2
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About Kyneton 3444

The size of Kyneton is approximately 97.9 square kilometres. There are 13 parks, covering nearly 1.6% of the total area. The population of Kyneton in 2016 was 6951 people. By 2021 the population was 7513 showing a population growth of 8.1% in the area during that time. The predominant age group in Kyneton is 40-49 years. Households in Kyneton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kyneton work in a professional occupation.In 2021, 76.40% of the homes in Kyneton were owner-occupied compared with 74.80% in 2016.

Kyneton has 4,895 properties. Over the last 5 years, Houses in Kyneton have seen a 14.20% increase in median value, while Units have seen a 9.73% increase. As at 31 July 2026:

  • The median value for Houses in Kyneton is $909,489 while the median value for Units is $540,496.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Kyneton on OnTheHouse. According to Cotality's data, 203 properties were sold in the past 12 months in Kyneton.

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Tamara Mactier
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Lilly Redpath
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Ray White Kyneton
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