A great affordable investment, located in Winters Flat Industrial business hub, this established property is easily accessible from both the Pyrenees & Midland Highways in central Castlemaine.
The land and property:
- 3,163m2 level land, fenced.
The Investment:
- Leased to Central Air HVAC and Refrigeration
- Annual rental $33,112 plus GST and Outgoings
- 3-year Lease commenced Sept 2021 with 2 further 3 Year options
Neighboring businesses includes Parsons Motor and Body, Duus Signs, Billmans Foundary, Lot 19, Pyrenees Quarries, Packline Solutions and Kowelec contractors.
The size of Castlemaine is approximately 20.2 square kilometres. It has 26 parks covering nearly 22.3% of total area. The population of Castlemaine in 2016 was 6757 people. By 2021 the population was 7506 showing a population growth of 11.1% in the area during that time. The predominant age group in Castlemaine is 60-69 years. Households in Castlemaine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Castlemaine work in a professional occupation.In 2021, 73.40% of the homes in Castlemaine were owner-occupied compared with 71.00% in 2016.
Castlemaine has 4,803 properties. Over the last 5 years, Houses in Castlemaine have seen a 30.71% increase in median value, while Units have seen a 30.30% increase. As at 31 January 2026:
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