113 Commercial Rd, Koroit is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1197m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 4 bedroom House sold in Koroit in the last 12 months.
Gleeson Real Estate are pleased to offer 113 Commercial Road, Koroit for Sale by Expression of interest.
Koroit has always been on the map, but as the popularity of the town is building and the demand for property increasing, the purchase of this property will be a wise investment.
On offer is a 1965-built 4-bedroom, 1-bathroom house on a huge 1197m2 lot.
Zoned Commercial 1, the purpose of this zone is to create vibrant mixed use commercial centres for retail, office, business, entertainment and community uses; and/or to provide for residential uses at densities complementary to the role and scale of the commercial centre.
The flexibility of this zoning allows you to keep as a rental property and maintain as an investment, or when the times right, develop it into a commercial premises. With a growing community and Koroit's demand for retail, office space & high density residential or short-term accommodation this property is ready for you.
Koroit has it all! Primary schools, pharmacy, supermarket, pubs, sporting reserve, playgrounds, community! Be part of the growing rejuvenation of Koroit, close to Koroits popular pubs, brewery or restaurants. Furthermore; with only 10 minutes from the beautiful Killarney beach, Warrnambool & Port Fairy townships and Tower Hill reserve, there is only room for this town to prosper.
Please note: This property is currently leased at $500 p/w.
Call Jeremy to book an inspection.
The size of Koroit is approximately 42.0 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Koroit in 2016 was 2055 people. By 2021 the population was 2184 showing a population growth of 6.3% in the area during that time. The predominant age group in Koroit is 60-69 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 professional occupation.In 2021, 79.40% of the homes in Koroit were owner-occupied compared with 77.90% in 2016.
Koroit has 1,304 properties. Over the last 5 years, Houses in Koroit have seen a 44.05% increase in median value, while Units have seen a 23.02% increase. As at 30 November 2025:
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