47 Lauriston Street, Kyneton VIC 3444

Heritage corner block | Deep 910sqm rare in town | Four-bedroom split-level with studio | Walk to train and Piper Street The property’s corner position and generous land area are structurally rare for central Kyneton, giving the buyer a configuration edge over standard cottages on smaller lots. The studio and mudroom with second bathroom add practical flexibility for a home office, guest wing, or potential separate income stream , uncommon in this heritage segment. The preserved pressed-metal ceilings, wide hallways, and north-facing sunken lounge deliver a scale and light quality that newer builds rarely match. This house suits a buyer who values period character but needs modern function and room to spread out without renovating immediately. The heritage overlay restricts external changes, which limits future redevelopment but protects the property’s character and neighbourhood amenity , a trade-off that matters only if expansion is planned. The price range sits above conservative valuations, so the buyer is paying a premium for the corner block, studio, and location rather than the house’s intrinsic rebuild value. That premium is commercially defensible if the studio is rented or used as a home business, or if the family holds the property medium-term in a tightening heritage supply market. Hold it as a long-term family home with optional rental income from the studio.