SHOPS 1&2/89A Piper Street, Kyneton, VIC 3444 | Commercial for sale | OnTheHouse
FOR SALE
$1,500,000

Shops 1&2/89a Piper Street
Kyneton VIC 3444

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 356m2
Land area: 384m2
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Dual Income Freehold - Fully Leased Investment

A premium commercial freehold positioned on iconic Piper Street, offering two fully leased retail tenancies with long standing operators and secure rental covenants. Both leases include structured options and fixed annual increases, delivering reliable, low maintenance income well into the next decade.
Key Features
• Two established tenants with strong trading history
• Combined net income of $74,545.68 p.a.
• Fully recoverable outgoings
• High foot traffic location in Kyneton's premier retail strip
• Solid brick building with excellent street presence
• Low vacancy risk in a tightly held commercial precinct
• Commercial 1 Zone (C1Z)
• 15.54KW of solar panels to shop 2
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Property Details for Shops 1&2/89a Piper St, Kyneton

Building Type
Commercial
Floor Size
356m2
Land Size
384m2
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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 4,894 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, 199 properties were sold in the past 12 months in Kyneton.

Suburb Insights for Kyneton 3444

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David Oliver
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Raine & Horne Gisborne
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.