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12 Hargraves Street
Castlemaine, VIC 3450

$875,000 | High Profile Corner Opportunity

Listed Date: 29th May 2026
Last Updated: 30th May 2026
Overview

12 Hargraves Street CASTLEMAINE

Prominently positioned on the corner of Hargraves and Forest Streets, this high-profile commercial property offers an exceptional opportunity for owner-occupiers seeking to benefit from an established income stream. The property is part of the historic Commercial Hotel footprint, showcasing impressive high ceilings and striking arched windows on two sides, which allow abundant natural light to fill the space.

The main premises, offered with vacant possession, span approximately 63 square meters and provide versatile space suitable for retail, studio, or workshop use. This flexibility makes it ideal for a variety of business ventures or creative enterprises.

Adding to the appeal, the adjoining tenancy is securely leased to a well-established Vietnamese takeaway business, providing a reliable income and proven returns. This dual income aspect enhances the investment potential of the property.

Located within one of Castlemaine’s most sought-after and vibrant precincts, the property benefits from strong foot and vehicle traffic. It is conveniently situated just moments from popular local amenities including the Theatre Royal, Love Shack Brewery, Table Records, Tortoise Café, and IGA supermarket, making it a prime location for business exposure and customer access.

This offering represents a rare chance to acquire a versatile commercial holding that combines immediate income with long-term growth potential. Terms are available to suit prospective buyers.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
12 Hargraves Street
Castlemaine VIC 3450
Measurements
Type Dimensions
Floor Area 127 m²
Market Insights for Castlemaine VIC 3450
New Listings (last 30 days)
7
Average price
$1,052,857
Lowest price
$655,000
Highest price
$1,750,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.