SOLD
Sold on 09 Aug 2024 for $150,000

12-14 Allen Street
Korong Vale VIC 3520

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 130m2
Land area: 1100m2
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Priority1 Property
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Property Details for 12-14 Allen St, Korong Vale

Building Type
Commercial
Floor Size
130m2
Land Size
1100m2
Local Government
Loddon
Lot/Plan
1/TP345464

Last Listing description (September 2024)

* Former Community Centre on approx 1100sqm zoned "township (approx.) block on two titles
* "Township" zoning allows flexible use - retail, commercial & residential STCA
* Main road frontage with plenty of parking if required for your business

* Large 15m x 5m open space hall area plus separate 5m x 5m room
* Equipped with a kitchen joining the Hall, toilets and shower
* Split system heating and cooling for year-round comfort
* Rear lane access, perfect for storing a caravan, boat, or adding a large shed

Discover the unique potential of this former Community Centre, offering endless opportunities. Zoned Township, this property could be transformed into a cosy residence, a vibrant cafe, a professional consultancy business, or an inspiring art studio. The expansive backyard is predominantly clear, providing a blank canvas for your van, boat, large shed, vege patch, pets or even a pool.
This rare gem is perfect for investors, retail and commercial outlets, professional services, or your new home and can be easily modified to provide comfortable living. Plus, it's just over 10 minutes to Wedderburn, where you will find all the amenities you require.

Korong Vale, a charming township in Victoria, offers a tranquil rural lifestyle with a strong sense of community. Known for its picturesque landscapes and friendly locals, it's an ideal spot for those seeking a peaceful escape from city life. With convenient access to nearby amenities in Wedderburn, Korong Vale combines the best of country living with modern conveniences.
For more information or to arrange a viewing contact agent Chris Garlick.

Property History for 12-14 Allen St, Korong Vale, VIC 3520

A timeline of how this property has performed in the market
Last Sold
$150,000
09 Aug 2024
  • 09 Aug 2024
    Sold for $150,000
  • 23 Jul 2024
    Listed for Sale $110,000
  • 18 May 2011
    Listed for Sale $42,000

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About Korong Vale 3520

The size of Korong Vale is approximately 27.3 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Korong Vale in 2011 was 248 people. By 2016 the population was 154 showing a population decline of 37.9% in the area during that time. The predominant age group in Korong Vale is 50-59 years. Households in Korong Vale are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Korong Vale work in a managers occupation. In 2011, 88.2% of the homes in Korong Vale were owner-occupied compared with 79.8% in 2016.

Korong Vale has 208 properties. Over the last 5 years, Houses in Korong Vale have seen a 47.27% increase in median value. As at 31 October 2024:

  • The median value for Houses in Korong Vale is $226,510.
There are currently 5 properties listed for sale, and no properties listed for rent in Korong vale on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Korong vale.

Suburb Insights for Korong Vale 3520

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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.