OFF MARKET

15 Factory Road
Cororooke VIC 3254

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 64189m2
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Property Details for 15 Factory Rd, Cororooke

Building Type
Rural
Land Size
64189m2
Local Government
Colac Otway
Lot/Plan
1/LP4290

Last Listing description (February 2018)

CBRE is pleased to present for sale 15 Factory Road, Cororooke and 315 Factory Road, Balintore. The opportunity comprises two separate holdings described as follows:
15 FACTORY ROAD, COROROOKE
- 6.29* hectare site previously utilised as Fonterra Australia s Cororooke milk processing facility

- Currently Township Zone with 10 Land Titles
- 210* metres frontage to Corangamite Lake Road and 310* metres frontage to Factory Road
- Extensively developed infrastructure and improvements
- Only ten* minutes to Colac and two* hours to Melbourne
- Suited to a number of alternate uses, including industrial, wine production / bulk storage, a brewery and/or food production purposes (STCA).
315 FACTORY ROAD, BALINTORE
- 193.68* hectare grazing property comprising six Land Titles
- Access and frontage to Lake Colac
- Idyllic rural lifestyle development opportunity (STCA)
CBRE is offering the Properties for sale in one line or as separate Properties by Expression of Interest.

*approximately

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Property History for 15 Factory Rd, Cororooke, VIC 3254

A timeline of how this property has performed in the market
Last Sold
$45,000
10 Feb 1995
  • 09 Aug 2017
    Listed for Sale For Sale by Expression of Interest
  • 10 Feb 1995
    Sold for $45,000
  • 01 Jul 1986
    Sold for $28,800

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About Cororooke 3254

The size of Cororooke is approximately 18.2 square kilometres. The population of Cororooke in 2011 was 381 people. By 2016 the population was 319 showing a population decline of 16.3% in the area during that time. The predominant age group in Cororooke is 10-19 years. Households in Cororooke are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cororooke work in a labourer occupation. In 2011, 81.6% of the homes in Cororooke were owner-occupied compared with 82.4% in 2016.

Cororooke has 190 properties. Over the last 5 years, Houses in Cororooke have seen a 36.77% increase in median value, while Units have seen a 45.76% increase. As at 30 November 2024:

  • The median value for Houses in Cororooke is $448,466 while the median value for Units is $403,428.
There are currently 1 property listed for sale, and no properties listed for rent in Cororooke on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Cororooke.

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