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171 Commercial Road

Koroit, VIC 3282, Australia
$560,000
3 bed 1 bath 1 car506m²

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Area Price Guide
$526,400$593,600

Indicative price guide range

🏘️
28
Comparable
📊
$650,000
Area median
⚖️
-14%
vs median
📐
$1,107
Per m²
📏
506 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Positioned in the heart of Koroit's charming and tightly held main street, this remarkable heritage building offers a rare chance to secure a piece of the town's rich history while unlocking exciting future opportunities. Containing three parcels on one title and Zoned Commercial 1, there is so much opportunity to utilise this corner site now, or in the future. Originally constructed around 1880, the former Robinson Brothers Grain Store stands proudly among Koroit's historic streetscape. The building retains many of the beautiful characteristics of its era, including high ceilings, solid stone walls and timber floorboards - features that create a unique atmosphere rarely found in modern properties. Set on a generous 506m2 block, the property provides outstanding flexibility for those looking to renovate, restore or reimagine the space. Whether your vision is a distinctive residence, boutique retail space, cafe, holiday accommodation or an investment project, the size of the land and central location present exceptional opportunity. The building is currently arranged to include a kitchen (with original solid fuel stove), lounge area with potbelly fire, three bedrooms, hallway and combined laundry/bathroom, along with an additional outdoor room. Outside, the property features a shed, small rainwater tank, carport and enclosed yard, leaving plenty of scope to further enhance the site. Location is key, and this property delivers. Just steps from local pubs, cafes, restaurants, boutique shops and supermarket, everything Koroit has to offer is right at your doorstep. For those seeking a property with character, history and exciting potential, this is a rare opportunity to secure a landmark building in one of Koroit's most prominent locations. Arrange your inspection today with Jeremy and discover the possibilities that await - ph. 5564 4555.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,715/month
    $1,357 /fortnight
    Loan $448,000 at 6.10% over 30 years

    Upfront costs

    Deposit$112,000
    Stamp duty$28,670
    Conveyancing (est.)$2,000
    Total upfront$142,670
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    1
    Land Area
    506m²
    Listed
    2 months ago

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