Real Estate

Grand Kyneton old bank on main street for sale after restoration

Written by The ReReport
As seen in the Source link, written by on 2019-10-27 17:04:50

A historic Kyneton landmark is being cashed in after an impressive transformation.

The former Bank of NSW on the town’s main drag has been put on the market with a $3.65-$3.95 million price guide.

Circa Heritage and Lifestyle agent Dominic Romeo said the Art Nouveau building on Mollison St was instantly recognisable to Kyneton residents and tourists.

RELATED: Historic Kyneton homestead one of the first built during gold rush

Barringo family snaps up 1860s Kyneton farmlet

Small Kyneton farm with old band hall music to buyer’s ears

“It retains its original steep gables, terracotta tiles and it’s right in the centre of town so you can’t miss it,” Mr Romeo said.

“It’s one of the grander buildings in Kyneton.”

The listing calls the property “one of the best and most iconic buildings in country Victoria”.

A high-end homewares and gift shop has been operated from two rooms at the front of the building, which opens onto Kyneton’s most popular street.

Some of the nine bedrooms, most of which have an ensuite, have been rented as short-stay accommodation by the vendors.

Mr Romeo said the owners restored the interiors of the property over the past five years.

A self-contained two-bedroom apartment is inside.

“Most of my inquiries are people looking to use it as a private residence and the rest as accommodation,” he said.

“Some would also keep running the store at the front, or have spoken about the possibility of opening a cafe or restaurant.”

The original bank was built in 1903 by Melbourne architects Godfrey and Spowers on a 1176sq m block. It’s grand architecture is heritage protected because of its state significance.

Kyneton has become a Victorian tourist hotspot, with Macedon Ranges Shire predicting more than 2.5 million visitors annually by 2025.

READ MORE: Silvan farmhouse with solar panels and windmill in full bloom

Roxburgh Park’s first million-dollar sale likely to be set by party pad

Yarra Ranges tree-change properties on the market