ARPBS Commercial have on offer a rare opportunity to secure a charming historic estate dating back to the mid-19th century. This property boasts an expansive blue-stone house and barn, which was formally employed as a Cobb and Co changing station. The property has recently been involved in a considerable renovation and intended expansion to be utilised for an events venue to harness the magnificent history and scenic views of the Macedon Ranges.
This lifestyle project would be ideal for the astute investor or business operator looking at securing an estate worthy of admiration and to further reap the benefits of the demand that would derive from finalising the development for hospitality endeavours.
The Penington Farm Estate encompasses a sizeable 11-acre area comprising of bespoke designed paddocks, Machinery shedding, windmill, bore water infrastructure and car port. The property has an array of established trees that line the entrance to the estate, subsequently creating a feel of grandeur.
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 4,870 properties. Over the last 5 years, Houses in Kyneton have seen a 7.59% increase in median value, while Units have seen a 13.89% increase. As at 30 April 2026:
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