56 High Street
kyneton
VIC, 3444

56 High Street gives you the possibility of 2 income streams in one of Kyneton's most tightly held zones. A long standing essential service tenant at the front and a brand new home at the rear make this a high performing mixed use holding with long term appeal.

Front: Secure Tenant (premises only)

The High Street shop front is leased to a dry cleaning operator on a 7 x 7 x 7 arrangement - a 7 year term with two further 7 year options. The sale is freehold only and does not include the dry cleaning business or goodwill. With no local competition and a loyal customer base, the tenancy returns $600 per week and delivers reliable income in a highly visible, high traffic position.

Rear: Modern 2 bedroom home

Privately set behind the shopfront, the new residence is beautifully finished and ready to lease or live in.
Built by Expandable Homes
Sleek flat roof profile, engineered floors, block out blinds and double glazed windows, and 7 star energy rating to keep running costs down
Two stylish bathrooms with stepless showers
Stone bench kitchen with dishwasher
Integrated laundry, built-in robes, ceiling fans and split-system heating/cooling
Quiet, secure and exceptionally comfortable, the home is estimated to lease for $600 per week and will attract quality long term tenants.

With Commercial 1 zoning, dual frontages to High Street and Welsh Street, off street parking for the High Street business, a dedicated car space at the rear and a low maintenance garden, this suits: Investors, SMSFs, owner occupiers, basically anyone seeking stable, diversified income.

Kyneton continues to outperform the broader region with strong rental demand and steady population growth. Opportunities that pair a secure essential service tenant with a brand new dwelling are few and far between.