158 Commercial Road
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About this property
Positioned right in the main business precinct of Koroit, this 300m² (approx.) allotment presents an outstanding opportunity to secure a Commercial 1 Zoned site in one of South West Victoria's most vibrant regional townships. Offering excellent exposure and flexibility, this property provides the perfect foundation for your next commercial project, whether it be a retail shop front, office space, café, or professional premises. A generously sized Colorbond shed sits to the rear of the block; ideal for storage, workshop use, or as a base while planning and building your future premises, a helpful head start compared to bare land sites. Subject to council approval, there may also be the opportunity to develop a shop front with a residence, as many neighbouring properties in the street have already done. This could open the door to a convenient live-and-work setup right in the heart of the township. Koroit continues to thrive as a busy service and lifestyle hub, known for its rich Irish heritage and welcoming community. Conveniently located just 10 minutes drive from Warrnambool and 20 minutes drive from Port Fairy, it offers an ideal base for business growth while maintaining that unique country-town charm. Key features: Approx. 300m² allotment Commercial 1 Zoning suited to a wide range of business uses Existing Colorbond shed, ideal for storage or a temporary work base Excellent main street exposure along Commercial Road Potential for a combined shop front and residence (STCA) Surrounded by established local businesses and amenities 10 minutes to Warrnambool - 20 minutes to Port Fairy A rare chance to secure prime commercial land in the heart of Koroit for your next venture!
Property Details
- Property Type
- land
- Listing Type
- Sold
- Land Area
- 300 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Koroit
This land in Koroit, VIC 3282 sits within reach of public transport, local shops and nearby schools. It is listed 57% below the $580,000 median of 44 comparable landswithin 5 km.
Schools near Koroit
- Koroit And District Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Unnamed (bus) — 56 m away
- Daly's IGA — 83 m away
- Unnamed — 103 m away
- Unnamed — 497 m away
- Victoria Park — 628 m away
Koroit at a glance
Full suburb profile- Population
- 2,184
- Median age
- 41
- Household income
- $1,466/wk
- Median rent
- $280/wk
- Median mortgage
- $1,400/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Koroit price trend
Median sold · House 3 bed
Compound growth +5.8% / yr over 4 yrs
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Full Koroit marketThis listing
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