31 Mostyn Street

Castlemaine VIC 3450

Rich in local history and character, this striking c.1850s building offers an opportunity to secure a high-profile commercial property with an upstairs residence, right in the heart of Castlemaine's vibrant retail precinct.Originally home to Wm. Niebuhr Cabinetmaker (18571887), where furniture and undertaking services were provided, the building later housed Victoria Dispensary under G.P. Philpots in 1882. Today, it stands as a unique blend of heritage charm and modern versatility.Property Highlights> Prime Location: High-exposure shopfront with excellent street presence in Castlemaine's historic town centre.> The property is securely leased until October 2028 for $44,760 per annum plus out goings or sold with vacant possession. > Generous Footprint: Approx. 272 sqm building area with a flexible layout to suit retail, consultancy, creative, or hospitality ventures, and a distinctive live/work lifestyle.> Commercial Space: Large open retail/showroom area plus three private offices and storage.> Residential Comfort: Self-contained upstairs residence featuring a kitchen, bathroom, and toilets.> Period Features: High ceilings, original fireplaces, and heritage windows enhance the sense of space and character.> Additional Advantages: External rear access for convenience and functionality.> Restoration Potential: Upstairs residence offers scope for renovation to create a truly bespoke living space.> Lifestyle Appeal: Overlooks Victory Park and is within walking distance to cafes, shops, transport, and Castlemaine's historic attractions.> Mixed-Use Zoning (STCA): Ideal for investors, owner-occupiers, or dual-use configurations.This property represents an exceptional opportunity to own a piece of Castlemaine's history while enjoying the flexibility of commercial and residential use, all in a premium central location.