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SOLD

57 Mostyn Street, Castlemaine - The Old Bank, Castlemaine.

$1,100,000

1856 GOLD-RUSH BANK BUILDING & POTENTIAL APARTMENT IN THE HEART OF TOWN

Built on land purchased by the Bank of Australasia, 1854, for the then inflated price of 2,500 pounds, this two level brick building adopts the typical Conservative Classical style developed in Switzerland during the early 18th century from prototypes in the Italian Renaissance. Castlemaine builder James Kibble constructed the bank to the design of Melbourne architect John Gill, to open in July 1857 for a building cost of 5,310 pounds. This building was the second of five banks facing the Market Square, to be constructed during the gold rush period of Castlemaine. Historic, solid and prominently located in the heart of Mostyn Street opposite Victory Park gardens and the historic Castlemaine Visitor centre building, this large Solid Brick bank building offers a once in a generation opportunity to secure a freehold of this calibre, size and position. Featuring 7 main rooms, the Georgian styled building offers an imposing classic facade and light filled spaces over 2 floors. GROUND FLOOR features 210m2 of space with east facing windows looking out to Frederick Street: there are 2 huge spaces, a Bank Manager's room, safe and strong room, kitchen and bathrooms. UPSTAIRS features 110m2 with 4 main rooms, fire places and timber floors, views of the park and town, and a large stairwell with direct access to a side-courtyard entry off Mostyn Street. ZONED Commercial 1 and offered for sale with Vacant Possession, this outstanding property offers a special opportunity with options galore (STCA). SELLING TERMS 60-day settlement on a Plus GST basis. Inspect by appointment.

Principal
Principal
Resources
Property information
Property ID
326P6247
Property type
Other
Land size
308.0 sqm
Home size
320.0 sqm

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Thank you for your interest in 57 Mostyn Street, Castlemaine VIC 3450. To receive a copy of the contract via email, please fill in your details below.

 
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Get to know the area.

Just an hour and a half from the hustle and bustle of Melbourne, Castlemaine’s sleepy lifestyle is anything but dull. With a lively arts precinct, dreamy botanical gardens and many bars and eateries, this cultural hub in regional Victoria is just begging to be explored.

Your local office.

Belle Property Castlemaine / Maldon and Belle Property Bendigo is proudly led by seasoned directors Rob and Narelle Waller along with co-director Tim Noonan in our Belle Property Bendigo office. Operating for more than 30 years as Waller Realty, the family name has been synonymous with a high quality level of personalised real estate services and involvement in the local community.

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