OFF MARKET

10 Commercial Place
Koroit VIC 3282

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 150m2
Land area: 1364m2
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Property Details for 10 Commercial Pl, Koroit

10 Commercial Pl, Koroit is a 3 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 1364m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
House
Year Built
1910
Floor Size
150m2
Land Size
1364m2
Local Government
Moyne
Lot/Plan
6/LP1978

Last Listing description (September 2013)

CHARM, CHARACTER, POTENTIAL ON A HUGE BLOCK
These sorts of opportunities don't come along very often... This property was last offered for sale 60 years ago and represents a gilt-edged opportunity to secure a classic period home c1910 in the heart of Koroit at an affordable price.
The original residence has been extended on one wing and offers scope to renovate and add value & create something very special. It has size and is in good condition internally but could be upgraded and for example, a spacious open plan dining/ family room added at the back looking down the length of the block would be sensational.

The property boasts an impressive approx. 1365m2 block, just 150m from Koroit's main street and all shops & services, and could be subdivided (STCA) or the full block enjoyed by owner-occupiers. Plenty of room for garages/ sheds, a sizeable extension, orchard, country garden setting or all of the above.
The house itself is conite construction - concrete render over the original weatherboard - built approx 1910 with front verandah intact, wide central hallway running the length of the house, 11' ceilings, solid timber doors, arcs, skirts & floorboards lie in waiting under the carpets... It appears to be very solid with plenty to work with, but obviously you could spend money getting it back to its original splendour.
The house comprises 2 huge bedrooms at the front and 2 normal size bedrooms down the passage (one is being used as dining room), there is a good sized lounge in the original section with gas heating and then the back extension consist of kitchen, meals area with combustion stove, bathroom, separate WC & laundry.
There is an old shed with outdoor toilet and freshwater tank. Most of the original timber windows have been replaced with modern aluminium windows, electric HWS replaced and the garden has nice established trees and plenty of shelter. Lots to offer in a great location, but scope to add your own touches and add value.
Additional feature/s - Replaced aluminium windows.

Property History for 10 Commercial Pl, Koroit, VIC 3282

A timeline of how this property has performed in the market
Last Sold
$230,000
16 Sep 2013
  • 16 Sep 2013
    Sold for $230,000
  • 20 Jun 2013
    Listed for Sale $239,900

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About Koroit 3282

The size of Koroit is approximately 42 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Koroit in 2011 was 1,957 people. By 2016 the population was 2,043 showing a population growth of 4.4% in the area during that time. The predominant age group in Koroit is 50-59 years. Households in Koroit are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Koroit work in a trades occupation. In 2011, 78% of the homes in Koroit were owner-occupied compared with 77.9% in 2016.

Koroit has 1,279 properties. Over the last 5 years, Houses in Koroit have seen a 74.39% increase in median value, while Units have seen a 34.22% increase. As at 31 August 2024:

  • The median value for Houses in Koroit is $606,982 while the median value for Units is $375,521.
  • Houses have a median rent of $500.
There are currently 24 properties listed for sale, and no properties listed for rent in Koroit on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Koroit.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.