31 Butterworth Street, Castlemaine, Vic 3450

$450,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
687 m²
Area

Last updated on Thursday, July 09, 2026 ( See property details for 31 Butterworth Street, Castlemaine, Vic 3450)

$565,000

Andrew Turley Licensed Estate Agent & Sales Consultant
Scott Rawlings Licensed Estate Agent & Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare dual-title property in Castlemaine’s premier precinct offering exceptional redevelopment potential and future scope.

🏡 Property Highlights

  • Located in the highly sought-after Brown Street / Butterworth Street precinct, one of Castlemaine’s most tightly held areas.
  • Set across two titles, offering exceptional redevelopment potential (STCA) and future flexibility.
  • Large 687 m² landholding providing ample space for extension, outdoor living, or landscaping.
  • Positioned with potential to capture views towards Mount Franklin, subject to design.
  • Close proximity to Castlemaine’s vibrant town centre, cafes, schools, and transport options.
  • Opportunity for a complete renovation or a new build, ideal for customisation.

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views

Castlemaine is a vibrant historic town renowned for its rich arts scene, boutique shopping, and scenic surrounds. The Brown Street / Butterworth Street precinct offers a prestigious, tightly held location with excellent access to local amenities, schools, and transport. The area boasts a strong community feel, with a mix of heritage homes and modern developments, making it ideal for families, investors, and those seeking a lifestyle connected to nature and culture.

What are the redevelopment options for this property?
The property offers significant potential for redevelopment (STCA), including building a new home or restoring the existing dwelling, subject to council approval.
Are there views available from the property?
Yes, depending on the design, there is potential to capture views towards Mount Franklin.
What amenities are nearby?
The property is within easy reach of Castlemaine’s town centre, cafes, schools, and public transport options.
Is the property suitable for renovation?
The existing dwelling requires substantial renovation, making it ideal for a complete rebuild or restoration project.
What is the land size and potential for outdoor space?
The property spans 687 m², providing ample space for outdoor living, landscaping, or extensions.
Are there any planning restrictions or easements affecting the property? Has the property been affected by any flooding or bushfire risks? Are there any existing approvals or permits required for redevelopment? Is there any history of structural issues or defects with the current dwelling? Are there any upcoming council or community developments in the area that could impact the property?

31 Butterworth Street, Castlemaine, Vic 3450 - More Details

$450,000

Positioned in one of Castlemaine’s most tightly held pockets, the coveted Brown Street / Butterworth Street precinct, 31 Butterworth Street presents an increasingly rare opportunity to secure space, flexibility, and future potential in a blue-chip location.

Set across two titles, this property instantly expands its scope and flexibility, offering a compelling opportunity for those considering redevelopment (STCA). Dual-title holdings in such a tightly held and sought-after location are increasingly rare, making this an offering of genuine significance.

The existing dwelling requires substantial renovation to be restored and will likely lead many buyers to consider a fresh start. Whether you look to create a brand-new home (STCA) or take on an ambitious restoration, the property provides a clear and honest foundation to work from. With the potential to capture views towards Mount Franklin depending on your design, the groundwork is in place to create something truly special.

Within easy reach of Castlemaine’s vibrant town centre, cafes, schools, and transport, this is a property defined by its location, landholding, and untapped potential.

A rare chance to secure a foothold in one of Castlemaine’s most desirable streets and create something truly special.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
687 m²

Price guide

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Map & nearby places — 31 Butterworth Street, Castlemaine, Vic 3450

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