FOR SALE
$3,275,000

50 And 52 Caroline Chisholm Drive
Kyneton VIC 3444

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8025m2
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EXTRAORDINARY LIVING AND/OR DEVELOPMENT OPPORTUNITY

A rare opportunity to purchase a sizeable land holding presents. How often do two sizeable properties come up for sale right next to each other?
Sited close to the centre of town and in the hospital and schools' precinct of Kyneton, these two property holdings are spread over an enviable 2 acres/8,000 sqm*.
Offered for sale as separate blocks, or as a combined offering, the age old cliche "possibilities are endless" statement is most suiting.
With the potential rental income while waiting for approvals, this is the most extraordinary offering we have seen in Kyneton for a long time.
OPTION ONE
Both 50 and 52 Caroline Chisholm Drive, Kyneton totalling 2 acres*
Both properties together, a perfect development/land banking proposition.
• Combined street frontage of nearly 50m.*
• Depth of 140m.* on the north side
• Potential 8 lot subdivision (STCA)
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Property Details for 50 And 52 Caroline Chisholm Dr, Kyneton

Building Type
Commercial
Land Size
8025m2

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About Kyneton 3444

The size of Kyneton is approximately 97.9 square kilometres. It has 13 parks covering nearly 1.6% of total area. The population of Kyneton in 2011 was 6,628 people. By 2016 the population was 6,964 showing a population growth of 5.1% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Kyneton work in a professional occupation. In 2011, 74.7% of the homes in Kyneton were owner-occupied compared with 74.8% in 2016.

Kyneton has 4,712 properties. Over the last 5 years, Houses in Kyneton have seen a 27.68% increase in median value, while Units have seen a 24.18% increase. As at 30 November 2024:

  • The median value for Houses in Kyneton is $837,172 while the median value for Units is $503,335.
  • Houses have a median rent of $580 while Units have a median rent of $425.
There are currently 96 properties listed for sale, and 9 properties listed for rent in Kyneton on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Kyneton.

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