158 Commercial RoadKoroit VIC 3282
Property Details for 158 Commercial Rd, Koroit
Last Listing description (June 2026)
Positioned right in the main business precinct of Koroit, this 300m (approx.) allotment presents an outstanding opportunity to secure a Commercial 1 Zoned site in one of South West Victoria's most vibrant regional townships.
Offering excellent exposure and flexibility, this property provides the perfect foundation for your next commercial project, whether it be a retail shop front, office space, caf, or professional premises.
A generously sized Colorbond shed sits to the rear of the block; ideal for storage, workshop use, or as a base while planning and building your future premises, a helpful head start compared to bare land sites.
Subject to council approval, there may also be the opportunity to develop a shop front with a residence, as many neighbouring properties in the street have already done. This could open the door to a convenient live-and-work setup right in the heart of the township.
Koroit continues to thrive as a busy service and lifestyle hub, known for its rich Irish heritage and welcoming community. Conveniently located just 10 minutes drive from Warrnambool and 20 minutes drive from Port Fairy, it offers an ideal base for business growth while maintaining that unique country-town charm.
Key features:
Approx. 300m allotment
Commercial 1 Zoning - suited to a wide range of business uses
Existing Colorbond shed, ideal for storage or a temporary work base
Excellent main street exposure along Commercial Road
Potential for a combined shop front and residence (STCA)
Surrounded by established local businesses and amenities
10 minutes to Warrnambool - 20 minutes to Port Fairy
A rare chance to secure prime commercial land in the heart of Koroit for your next venture!
Property History for 158 Commercial Rd, Koroit, VIC 3282
- 03 Jun 2026Sold
- 21 Nov 2025Listed for Sale $249,900
- 19 Mar 2016Sold for $111,070
Recent sales nearby
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About Koroit 3282
The size of Koroit is approximately 42.0 square kilometres. There are 2 parks, covering nearly 0.6% of the 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 1,302 properties. Over the last 5 years, Houses in Koroit have seen a 27.63% increase in median value, while Units have seen a 15.76% increase. As at 30 April 2026:
- The median value for Houses in Koroit is $646,042 while the median value for Units is $427,096.
- Houses have a median rent of $620.
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