For Sale

96-98 Piper Street,
Kyneton 3444, Victoria

2 car spaces
1,035m² land size
2,433m² building size
Retail

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Property details

Landmark Piper Street Property with Adjoining Land Opportunity

Inspection via private appointment - contact agent

A landmark holding within Kyneton's tightly held Piper Street precinct, the former Kyneton & District Co-Operative Butter Factory represents a rare opportunity to secure a substantial freehold with deep historical roots and a well established commercial footprint.

Constructed from rendered brick and bluestone and set on substantial bluestone foundations, the building comprises a series of interconnected spaces developed over time. The original corner store, dating back to circa 1863, sits alongside later additions including the main factory, stockroom and residence, creating a diverse and highly functional offering.

The Piper Street frontage extends across a single storey section, while the corner building rises to two storeys and incorporates a significant loft space. A bluestone cellar, original structural elements and remnants of the former butter factory machinery remain in place, adding to the character and authenticity of the property.

The adjoining Georgian residence (Garden Tap House) offers further versatility, currently operating as a high occupancy Airbnb. Comprising multiple bedrooms, living areas and period features including double sided fireplaces, it has been well maintained and provides an additional income stream.

Externally, the property benefits from multiple access points via Piper Street, Wedge Street and a secure rear laneway off Mitchell Street, opening to a substantial rear yard. The building has undergone significant restoration and repainting in recent years, ensuring it presents to a high standard.

The entire site is currently leased across a mix of established tenants, including café, retail, studio and workshop uses. The tenancy mix is well diversified, with long standing occupants and lease terms extending into the early 2030s, providing a secure and consistent income profile.

Key features include:
• Landmark commercial building within the historic Piper Street precinct
• Approximately 1,000 sqm under roof across multiple interconnected areas
• Four principal tenancies with additional sub tenancies in place
• Strong lease profile with long term occupancy
• Rear laneway access and substantial yard space
• Commercial 1 Zoning with additional Residential 1 component to the rear
• Three phase power, water and services to workshop areas

A significant and tightly held asset, offering scale, history and reliable income in one of regional Victoria's most recognised commercial locations.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Inspections


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School catchments

  • Kyneton Primary School Primary Prep-6 Government 1.5km
  • Our Lady of the Rosary Primary Prep-6 Catholic 1.6km
  • Woodend Primary School-Carlsruhe Campus Primary Government 6.8km
  • Malmsbury Primary School Primary Prep-6 Government 8.2km
  • Langley Primary School Primary 3-5 Government 8.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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