SOLD
Sold on 25 Jan 2024 for $1,350,000

5 Lewis Drive
Castlemaine VIC 3450

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 15193m2
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Property Details for 5 Lewis Dr, Castlemaine

Building Type
Commercial
Land Size
15193m2
Local Government
Mount Alexander
Lot/Plan
68~D2/PP2366

Last Listing description (April 2024)

Make this your chance to secure this generous 15193 sqm (approx) Industrial Zoned (1) land with offices and shedding. Large industrial land parcels are rarely on the market in the Mount Alexander Shire, not to mention allotments as large as this one are even harder to find. The property has commercial potential as a storage or transport facility. The list is endless, with such a large plot at your disposal.

Located within a 4-minute drive of the centre of Castlemaine and with excellent road access.

$53,709 plus GST and outgoings

Securely leased until mid-2026
15193 sqm or 1.52 ha (approx)
Industrial Zone 1
Refurbished office complex
Substantial shedding/warehouse space
Total building area 915sqm (approx)
A 50% (stamp) duty concession is available as part of the regional commercial, industrial and extractive industries property concession

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Property History for 5 Lewis Dr, Castlemaine, VIC 3450

A timeline of how this property has performed in the market
Last Sold
$1,350,000
25 Jan 2024
  • 25 Jan 2024
    Sold for $1,350,000
  • 14 Dec 2023
    Listed for Sale $1,800,000
  • 05 Oct 2021
    Sold for $340,000

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About Castlemaine 3450

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 4,666 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:

  • The median value for Houses in Castlemaine is $686,519 while the median value for Units is $529,752.
  • Houses have a median rent of $460 while Units have a median rent of $375.
There are currently 36 properties listed for sale, and no properties listed for rent in Castlemaine on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Castlemaine.

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