116 Johnstone St, Castlemaine is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 868m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Enthusiastic renovators and developers will certainly be excited by this new listing; a block, location and opportunity such as this one is becoming increasingly hard to find. You see, 116 Johnstone Street offers 868 sqm (approx.) of land just two kilometres from the heart of town. Yes, the double fronted brick Victorian needs some attention but there are lots of features to love.
The home's position on the block, hard up to the boundary on the northern side, creates many favourable options. Land to the side and rear call for creative extension designs. Or will you investigate the possibility of subdivision? Perhaps you will start from scratch with a contemporary build, all subject to council approval.
As is, the period home retains a traditional floorplan of two bedrooms, a front loungeroom, a large eat-in style kitchen and a rear bathroom with a shower over the bath. The laundry is accessed externally and there is a handy store room. Note the rear double carport with covered access to the home.
Retain or salvage some lovely period features; the traditional front veranda with tiered steps and iron lace work, two original fireplaces in the main bedroom and living room, hardwood floors concealed beneath the carpet and timber lined ceilings.
The yard is neat and level with some mature shrubs and trees. There are two garden sheds for storage. Otherwise, it's a blank canvas to do as you please.
Bring your ideas and enthusiasm to an inspection, the options here are both exciting and varied.
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 2011 was 6,750 people. By 2016 the population was 6,783 showing a population growth of 0.5% 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 2011, 70.7% of the homes in Castlemaine were owner-occupied compared with 71% in 2016.
Castlemaine has 4,682 properties. Over the last 5 years, Houses in Castlemaine have seen a 31.89% increase in median value, while Units have seen a 44.02% increase. As at 31 October 2024:
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