12 -14 Templeton, Castlemaine VIC 3450

Two Classic Victorian Shops and Two separate self-contained residences


Beautifully situated in central Castlemaine midway between The Council Club Hotel, now knowns as the Hub, and the elegant Midland Hotel opposite the Rail Station this fully renovated property offers many options to the owner occupier or investor. The property offers a delightful street front with two securely leased Victorian shops offering a sound and secure annual income of approximately $28,500 between them. Immediately behind is an adjoining solid brick one bedroom residence with an abundance of natural light from windows and skylights then step on the established garden courtyard and you come to a separate fully self-contained one-bedroom timber cottage.

The stylish solid brick apartment/residence has been meticulously finished with quality appointments throughout creating a modern easy to enjoy living environment with the characteristics and charm of period features i.e. high ceilings and timber vaulted Velux skylights with modern benefits of double glazing, split system heating and cooling and ceiling fans.

This rustic residence offers a private entry lobby which takes you into a multi-functional home office/ sitting room/reading room which then leads to two separate areas, the first into a generous sized bedroom with excellent storage, ceiling fan and a lovely East facing window. The second entry leads you into a spacious family living area which is large enough to function as two separate areas and could easily include formal dining.

The bathroom is very well fitted with floor to ceiling tiles, velux skylight, hydronic heated towel rail, stepless shower and it also includes the laundry.

The kitchen to the rear overlooks the private rear garden and has been very well appointed with Miele gas cooktop and concealed exhaust, Bosh dishwasher, Neff wall, slide and hide, oven and Franke sink including tapware. The custom designed cabinetry with soft touch closing continues the quality and this area also includes room for a large dining table.


The separate self-contained timber cottage is positioned to the rear of the property overlooking the residence and shops and beyond from its slightly elevated point.

The cottage offers a generous sized bedroom with ensuite and double doors to a private courtyard and a well-appointed kitchen meal sitting room. Externally there is a number of private outdoor areas with a broad North facing area allowing for an abundance of winter sun whilst also providing off street parking if required.
A truly unique property which provides many options for prospective purchases with gross rental income projected at $60,000 per annum.

All Inspections by appointment only.