21 Hargraves StreetCastlemaine VIC 3450
Property Details for 21 Hargraves St, Castlemaine
Last Listing description (August 2026)
Rich in local history and character, this striking c1858 building - formerly French's Talbot Drugstore - offers an opportunity to secure a high-profile commercial premises with an integrated residence, right in the heart of Castlemaine's retail precinct.
With a generous 8.8-metre street frontage, valuable side access, and a commanding 3.9m ceiling height in the front commercial space, this property is ideal for a range of business uses while also providing a well-appointed private residence at the rear and upper levels.
Set on approx 209 sqm of land with a building footprint of 207 sqm (approx), the flexible layout suits retail, consultancy, creative or hospitality ventures, or a unique live/work lifestyle.
Key Features:
> High-exposure retail shopfront with excellent street presence
> Reception area, large open retail/showroom space, plus two private offices
> 3.9m ceilings in the main commercial space add volume and natural light
> Kitchenette, toilet and storage
> Side access is ideal for deliveries or a separate residential entry
> North-facing rear courtyard for outdoor amenity
> Self-contained rear residence with kitchen, bathroom, and laundry
> Upstairs includes three spacious rooms, a bathroom, and private balcony with elevated outlooks
> 3.6m ceilings upstairs enhance the sense of space and heritage charm
> Zoned for mixed-use (STCA), offering scope for investment, owner-occupier, or dual-use
>Walking distance to cafes, shops, transport, and Castlemaine's historic town centre
A standout blend of heritage charm, commercial flexibility and residential comfort, this is an exceptional opportunity to own a piece of Castlemaine's history in a premium central location.
Property History for 21 Hargraves St, Castlemaine, VIC 3450
- 14 Aug 2026Listed for Sale $1,350,000
- 12 Feb 2026Listed for Sale Not Disclosed
- 29 Jul 2025Listed for Sale Not Disclosed
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0About Castlemaine 3450
The size of Castlemaine is approximately 20.2 square kilometres. There are 26 parks, covering nearly 22.3% of the 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 4,826 properties. Over the last 5 years, Houses in Castlemaine have seen a 17.87% increase in median value, while Units have seen a 12.60% increase. As at 31 July 2026:
- The median value for Houses in Castlemaine is $750,459 while the median value for Units is $548,914.
- Houses have a median rent of $545 while Units have a median rent of $413.
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